Silver Oak Securities Incorporated Buys Shares of 9,905 Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Silver Oak Securities Incorporated purchased 9,905 shares of Kratos Defense & Security Solutions valued at approximately $460,000 during the second quarter.
• Kratos Defense & Security Solutions reported a 17.1% increase in quarterly revenue, totaling $351.50 million, surpassing analysts' estimates.
• Several brokerages have stated a "strong-buy" or "buy" rating on Kratos shares, with price targets ranging from $50.00 to $72.00, reflecting positive sentiment among analysts.

Silver Oak Securities Incorporated bought a new stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 9,905 shares of the aerospace company's stock, valued at approximately $460,000.

Other hedge funds also recently added to or reduced their stakes in the company. Costello Asset Management INC bought a new stake in Kratos Defense & Security Solutions in the first quarter valued at $29,000. Larson Financial Group LLC bought a new stake in Kratos Defense & Security Solutions in the first quarter valued at $30,000. Aspect Partners LLC lifted its stake in Kratos Defense & Security Solutions by 1,900.0% in the first quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock valued at $30,000 after buying an additional 950 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in Kratos Defense & Security Solutions in the first quarter valued at $30,000. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Kratos Defense & Security Solutions by 202.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company's stock valued at $31,000 after purchasing an additional 700 shares in the last quarter. 75.92% of the stock is currently owned by institutional investors.

Kratos Defense & Security Solutions Stock Down 0.1%

Shares of KTOS stock opened at $80.72 on Tuesday. Kratos Defense & Security Solutions, Inc. has a 12 month low of $22.69 and a 12 month high of $82.63. The firm has a market cap of $13.62 billion, a PE ratio of 807.28 and a beta of 1.05. The stock has a 50 day moving average of $64.66 and a 200-day moving average of $46.19. 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 issued its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The company had revenue of $351.50 million during the quarter, compared to analyst estimates of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company's quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on KTOS. Raymond James Financial restated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research note on Friday, August 8th. B. Riley restated a "buy" rating and set a $72.00 price objective (up previously from $55.00) on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. Benchmark boosted their price objective on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, July 8th. The Goldman Sachs Group raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 target price on the stock in a research note on Monday, June 30th. Finally, Stifel Nicolaus boosted their price target on Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a "buy" rating in a research note on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $57.64.

Insiders Place Their Bets

In related news, insider Phillip D. Carrai sold 6,000 shares of the company's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $51.42, for a total value of $308,520.00. Following the completion of the transaction, the insider directly owned 270,104 shares in the company, valued at approximately $13,888,747.68. This represents a 2.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP De Burgreen Maria Cervantes sold 6,264 shares of the company's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $69.80, for a total value of $437,227.20. Following the completion of the transaction, the vice president owned 53,609 shares of the company's stock, valued at $3,741,908.20. The trade was a 10.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 77,430 shares of company stock valued at $4,745,162 in the last ninety days. 2.37% of the stock is currently owned by insiders.

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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