Vontobel Holding Ltd. Lowers Position in Kratos Defense & Security Solutions, Inc. $KTOS

Vontobel Holding Ltd. trimmed its stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 55.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,664 shares of the aerospace company's stock after selling 5,821 shares during the period. Vontobel Holding Ltd.'s holdings in Kratos Defense & Security Solutions were worth $217,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Costello Asset Management INC purchased a new position in Kratos Defense & Security Solutions in 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 last quarter. Smallwood Wealth Investment Management LLC bought a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth $30,000. Larson Financial Group LLC purchased a new stake in Kratos Defense & Security Solutions during the first quarter valued at about $30,000. Finally, Twin Tree Management LP purchased a new stake in Kratos Defense & Security Solutions during the first quarter valued at about $37,000. 75.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Stifel Nicolaus increased their price objective on Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the company a "buy" rating in a research report on Wednesday. JPMorgan Chase & Co. upped their target price on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the stock a "neutral" rating in a research note on Monday, June 30th. JMP Securities boosted their price objective on shares of Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the stock a "market outperform" rating in a report on Thursday, October 2nd. Raymond James Financial restated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. Finally, The Goldman Sachs Group upgraded shares of 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 report on Monday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $77.36.

Kratos Defense & Security Solutions Trading Down 5.0%

NASDAQ:KTOS opened at $90.58 on Thursday. Kratos Defense & Security Solutions, Inc. has a 12 month low of $22.69 and a 12 month high of $112.57. The stock has a market cap of $15.29 billion, a price-to-earnings ratio of 905.89 and a beta of 1.12. The company has a 50-day moving average price of $76.70 and a 200-day moving average price of $53.28. 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 (EPS) for the quarter, topping 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 company had revenue of $351.50 million during the quarter, compared to the consensus estimate of $305.67 million. During the same period in the prior year, the firm earned $0.14 earnings per share. Kratos Defense & Security Solutions's 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. Equities 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 related news, insider David M. Carter sold 4,000 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $102.81, for a total value of $411,240.00. Following the completion of the transaction, the insider directly owned 93,809 shares in the company, valued at $9,644,503.29. This trade represents a 4.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Stacey G. Rock sold 3,846 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $92.02, for a total transaction of $353,908.92. Following the completion of the transaction, the insider owned 34,202 shares of the company's stock, valued at approximately $3,147,268.04. The trade was a 10.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 78,276 shares of company stock valued at $5,678,021 over the last ninety days. Insiders own 2.37% of the company's stock.

Kratos Defense & Security Solutions Company 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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