Lbp Am Sa Sells 55,107 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Lbp Am Sa reduced its stake in Kratos Defense & Security Solutions by 19.7%, selling 55,107 shares and holding 225,305 shares worth approximately $10.5 million.
• The company's quarterly earnings exceeded expectations, reporting $0.11 earnings per share and revenue of $351.5 million, a 17.1% increase from the previous year.
• Institutional investors own a significant 75.92% of Kratos Defense & Security Solutions, with various firms adjusting their holdings recently.

Lbp Am Sa lowered its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 19.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 225,305 shares of the aerospace company's stock after selling 55,107 shares during the period. Lbp Am Sa owned approximately 0.15% of Kratos Defense & Security Solutions worth $10,465,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. ORG Partners LLC raised its position in shares of Kratos Defense & Security Solutions by 12.3% in the 2nd quarter. ORG Partners LLC now owns 2,432 shares of the aerospace company's stock valued at $105,000 after buying an additional 267 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Kratos Defense & Security Solutions by 13.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,888 shares of the aerospace company's stock valued at $86,000 after acquiring an additional 335 shares during the period. Montag A & Associates Inc. increased its position in Kratos Defense & Security Solutions by 3.8% in the 1st quarter. Montag A & Associates Inc. now owns 12,449 shares of the aerospace company's stock valued at $370,000 after acquiring an additional 450 shares during the period. Salem Investment Counselors Inc. increased its position in Kratos Defense & Security Solutions by 5.6% in the 1st quarter. Salem Investment Counselors Inc. now owns 8,975 shares of the aerospace company's stock valued at $266,000 after acquiring an additional 475 shares during the period. Finally, Global Financial Private Client LLC increased its position in Kratos Defense & Security Solutions by 1.7% in the 2nd quarter. Global Financial Private Client LLC now owns 27,688 shares of the aerospace company's stock valued at $1,286,000 after acquiring an additional 476 shares during the period. Institutional investors own 75.92% of the company's stock.

Kratos Defense & Security Solutions Stock Up 1.7%

Shares of NASDAQ KTOS opened at $92.96 on Thursday. Kratos Defense & Security Solutions, Inc. has a 12-month low of $22.69 and a 12-month high of $93.52. The firm has a market cap of $15.69 billion, a PE ratio of 929.69 and a beta of 1.12. The company's fifty day simple moving average is $68.90 and its 200 day simple moving average is $48.73. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12.

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

Insider Transactions at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Steven S. Fendley sold 7,000 shares of the firm's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $67.58, for a total value of $473,060.00. Following the transaction, the insider directly owned 346,441 shares of the company's stock, valued at approximately $23,412,482.78. This trade represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Deanna H. Lund sold 5,000 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $65.10, for a total transaction of $325,500.00. Following the completion of the transaction, the chief financial officer directly 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 three months, insiders sold 73,430 shares of company stock valued at $4,863,182. Corporate insiders own 2.37% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Noble Financial restated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. Canaccord Genuity Group reiterated a "buy" rating and set a $74.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Tuesday, September 9th. The Goldman Sachs Group upgraded shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 price objective for the company in a research report on Monday, June 30th. Raymond James Financial reiterated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. Finally, Citigroup reiterated a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Kratos Defense & Security Solutions currently has an average rating of "Moderate Buy" and an average target price of $61.00.

Kratos Defense & Security Solutions Profile

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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