United Services Automobile Association Invests $279,000 in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• United Services Automobile Association has acquired a new stake in Kratos Defense & Security Solutions, purchasing 9,078 shares valued at approximately $279,000 during the first quarter of the year.
• Kratos reported $0.11 earnings per share for the last quarter, exceeding analysts' expectations of $0.09, along with a revenue increase of 17.1% year-over-year.
• Institutional investors hold 75.92% of Kratos' stock, indicating strong institutional interest in the aerospace company.

United Services Automobile Association acquired a new position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 9,078 shares of the aerospace company's stock, valued at approximately $279,000.

Several other large investors have also recently added to or reduced their stakes in KTOS. Baird Financial Group Inc. increased its position in Kratos Defense & Security Solutions by 32.1% during the 4th quarter. Baird Financial Group Inc. now owns 17,753 shares of the aerospace company's stock worth $468,000 after buying an additional 4,314 shares during the period. Cetera Investment Advisers increased its position in shares of Kratos Defense & Security Solutions by 13.2% in the fourth quarter. Cetera Investment Advisers now owns 15,379 shares of the aerospace company's stock worth $406,000 after purchasing an additional 1,793 shares during the period. Deutsche Bank AG increased its position in shares of Kratos Defense & Security Solutions by 191.9% in the fourth quarter. Deutsche Bank AG now owns 250,557 shares of the aerospace company's stock worth $6,610,000 after purchasing an additional 164,711 shares during the period. Gotham Asset Management LLC increased its position in shares of Kratos Defense & Security Solutions by 32.1% in the fourth quarter. Gotham Asset Management LLC now owns 21,347 shares of the aerospace company's stock worth $563,000 after purchasing an additional 5,186 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Kratos Defense & Security Solutions by 22.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 454,286 shares of the aerospace company's stock worth $11,984,000 after purchasing an additional 83,235 shares during the period. Institutional investors own 75.92% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. BTIG Research upgraded 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. Wall Street Zen cut Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Benchmark raised their price target on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. JMP Securities set a $70.00 target price on Kratos Defense & Security Solutions and gave the company a "market outperform" rating in a research report on Tuesday, July 22nd. Finally, Noble Financial reiterated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. One investment 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $57.64.

Kratos Defense & Security Solutions Price Performance

Kratos Defense & Security Solutions stock traded up $5.61 during midday trading on Tuesday, reaching $76.35. The company's stock had a trading volume of 5,312,659 shares, compared to its average volume of 3,305,120. The business has a 50-day moving average price of $61.59 and a 200-day moving average price of $44.38. Kratos Defense & Security Solutions, Inc. has a 52 week low of $22.17 and a 52 week high of $76.62. The stock has a market cap of $12.89 billion, a PE ratio of 763.58 and a beta of 1.05. 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 released its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. The company had revenue of $351.50 million for the quarter, compared to analysts' expectations of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The business's quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Insider Activity at Kratos Defense & Security Solutions

In other news, CFO Deanna H. Lund sold 5,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $65.10, for a total transaction of $325,500.00. Following the sale, the chief financial officer directly owned 313,327 shares in the company, valued at approximately $20,397,587.70. The trade was a 1.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Phillip D. Carrai sold 6,000 shares of the business's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $67.78, for a total value of $406,680.00. Following the sale, the insider owned 264,074 shares in the company, valued at approximately $17,898,935.72. This trade represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 59,758 shares of company stock valued at $3,522,429. Corporate insiders own 2.37% of the company's stock.

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.