Kratos Defense & Security Solutions, Inc. $KTOS Shares Sold by Liberty One Investment Management LLC

Key Points

• Liberty One Investment Management LLC reduced its holdings in Kratos Defense & Security Solutions by 19.8%, now owning 21,042 shares valued at approximately $977,000.
• Insider sales included Phillip D. Carrai selling 6,000 shares and CFO Deanna H. Lund selling 5,000 shares, reflecting a decrease in their ownership positions.
• Kratos recently reported a 17.1% year-over-year revenue increase, reaching $351.5 million, with earnings per share of $0.11, surpassing estimates.

Liberty One Investment Management LLC lessened its holdings in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 19.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,042 shares of the aerospace company's stock after selling 5,187 shares during the period. Liberty One Investment Management LLC's holdings in Kratos Defense & Security Solutions were worth $977,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in KTOS. Costello Asset Management INC acquired a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $29,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $30,000. Aspect Partners LLC raised its position in shares of Kratos Defense & Security Solutions by 1,900.0% during the 1st quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock worth $30,000 after acquiring an additional 950 shares in the last quarter. Larson Financial Group LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $30,000. Finally, Twin Tree Management LP acquired a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $37,000. Institutional investors and hedge funds own 75.92% of the company's stock.

Kratos Defense & Security Solutions Trading Up 4.2%

Shares of KTOS stock opened at $86.65 on Tuesday. The business's 50 day moving average is $78.10 and its two-hundred day moving average is $54.79. Kratos Defense & Security Solutions, Inc. has a twelve month low of $22.69 and a twelve month high of $112.57. The company has a market capitalization of $14.63 billion, a P/E ratio of 866.59 and a beta of 1.12. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last announced its earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. During the same period last year, the business posted $0.14 EPS. The company's revenue was up 17.1% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Insider Buying and Selling

In other Kratos Defense & Security Solutions news, insider Phillip D. Carrai sold 6,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $67.78, for a total value of $406,680.00. Following the transaction, the insider directly owned 264,074 shares in the company, valued at approximately $17,898,935.72. This trade represents a 2.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Deanna H. Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $65.10, for a total value of $325,500.00. Following the completion of the transaction, the chief financial officer owned 313,327 shares in the company, valued at $20,397,587.70. This trade represents a 1.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 85,716 shares of company stock worth $6,399,245. 2.37% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on KTOS. Raymond James Financial reissued a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. JMP Securities raised their price target on Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the stock a "market outperform" rating in a research note on Thursday, October 2nd. Stifel Nicolaus raised their price target on Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a "buy" rating in a research note on Wednesday, October 15th. Weiss Ratings restated a "hold (c)" rating on shares of Kratos Defense & Security Solutions in a research note on Wednesday, October 8th. Finally, Noble Financial restated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $77.36.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.

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