S Squared Technology LLC Cuts Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• S Squared Technology LLC cut its shareholding in Kratos Defense & Security Solutions, decreasing its stake by 31.2% to 374,475 shares, which now accounts for 5.7% of its portfolio.
• Several other institutional investors, such as Costello Asset Management and MassMutual Private Wealth & Trust FSB, have also made changes to their positions, indicating a active interest in the stock.
• Kratos Defense & Security Solutions reported an EPS of $0.11 for Q2, beating estimates, and set its FY 2025 earnings guidance to 0.31 earnings per share.

S Squared Technology LLC reduced its stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 31.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 374,475 shares of the aerospace company's stock after selling 170,000 shares during the quarter. Kratos Defense & Security Solutions accounts for 5.7% of S Squared Technology LLC's portfolio, making the stock its 3rd largest position. S Squared Technology LLC owned approximately 0.24% of Kratos Defense & Security Solutions worth $11,118,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Costello Asset Management INC bought a new stake in Kratos Defense & Security Solutions during the 1st quarter worth about $29,000. Larson Financial Group LLC bought a new stake in Kratos Defense & Security Solutions during the 1st quarter worth about $30,000. Aspect Partners LLC lifted its position in 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 buying an additional 950 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in Kratos Defense & Security Solutions during the 1st quarter worth about $30,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Kratos Defense & Security Solutions by 202.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company's stock worth $31,000 after buying an additional 700 shares in the last quarter. 75.92% of the stock is owned by institutional investors.

Insider Activity

In other Kratos Defense & Security Solutions news, insider Stacey G. Rock sold 4,000 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $55.51, for a total transaction of $222,040.00. Following the transaction, the insider owned 42,154 shares in the company, valued at $2,339,968.54. This represents a 8.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Thomas E. Iv Mills sold 5,758 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $65.54, for a total transaction of $377,379.32. Following the transaction, the insider owned 9,692 shares in the company, valued at approximately $635,213.68. The trade was a 37.27% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 68,177 shares of company stock worth $3,876,673. Insiders own 2.37% of the company's stock.

Kratos Defense & Security Solutions Stock Down 1.0%

Shares of KTOS opened at $64.14 on Tuesday. Kratos Defense & Security Solutions, Inc. has a 52 week low of $20.83 and a 52 week high of $72.70. The firm has a market cap of $10.83 billion, a P/E ratio of 641.46 and a beta of 1.05. The firm's 50-day simple moving average is $59.24 and its 200 day simple moving average is $42.90. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS 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 business had revenue of $351.50 million for the quarter, compared to analyst estimates of $305.67 million. During the same quarter in the prior year, the business earned $0.14 EPS. Kratos Defense & Security Solutions's quarterly 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. On average, analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on KTOS. BTIG Research raised shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 price target on the stock in a research report on Thursday, August 14th. Raymond James Financial restated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research note on Friday, August 8th. Royal Bank Of Canada boosted their price objective on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Stifel Nicolaus boosted their price objective on shares of Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Finally, Benchmark boosted their price objective on shares of Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Kratos Defense & Security Solutions has an average rating of "Moderate Buy" and an average target price of $57.64.

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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