TrueWealth Advisors LLC Acquires Shares of 14,844 Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• TrueWealth Advisors LLC has acquired 14,844 shares of Kratos Defense & Security Solutions, valued at approximately $690,000, in a recent SEC filing.
• Kratos reported a 17.1% year-over-year revenue increase for the last quarter, with earnings per share (EPS) of $0.11, exceeding expectations.
• The stock has seen significant activity from institutional investors, with 75.92% of the shares owned by such entities and multiple analysts rating it as a Moderate Buy with a target price of around $57.64.

TrueWealth Advisors LLC acquired a new stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 14,844 shares of the aerospace company's stock, valued at approximately $690,000.

A number of other institutional investors have also recently bought and sold shares of the business. Costello Asset Management INC bought a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth approximately $29,000. Aspect Partners LLC lifted its holdings 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 during the period. Smallwood Wealth Investment Management LLC bought a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth approximately $30,000. Larson Financial Group LLC bought a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of 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 acquiring an additional 700 shares during the period. Institutional investors own 75.92% of the company's stock.

Insider Activity

In other news, 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 owned 313,327 shares of the company's stock, valued at approximately $20,397,587.70. This trade represents a 1.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas E. Iv Mills sold 5,758 shares of the firm's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $65.54, for a total transaction of $377,379.32. Following the transaction, the insider directly owned 9,692 shares of the company's stock, valued at $635,213.68. The trade was a 37.27% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 68,177 shares of company stock valued at $3,876,673. 2.37% of the stock is currently owned by company insiders.

Kratos Defense & Security Solutions Price Performance

KTOS stock opened at $69.20 on Friday. The company has a fifty day moving average price of $61.07 and a 200-day moving average price of $43.94. The company has a market capitalization of $11.68 billion, a P/E ratio of 692.07 and a beta of 1.05. Kratos Defense & Security Solutions, Inc. has a 52-week low of $21.78 and a 52-week high of $72.70. 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 released its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. The firm had revenue of $351.50 million during the quarter, compared to the consensus estimate of $305.67 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The company's revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on KTOS. Citigroup reaffirmed a "market outperform" rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, July 22nd. The Goldman Sachs Group raised shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 price target for the company in a report on Monday, June 30th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 18th. Finally, Canaccord Genuity Group reissued a "buy" rating and issued a $74.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Tuesday, September 9th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions currently has an average rating of "Moderate Buy" and an average target price of $57.64.

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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