7,948 Shares in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Purchased by GMT Capital Corp

GMT Capital Corp purchased a new stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 7,948 shares of the aerospace company's stock, valued at approximately $210,000.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC increased its stake in shares of Kratos Defense & Security Solutions by 239.5% in the third quarter. Barclays PLC now owns 273,100 shares of the aerospace company's stock worth $6,363,000 after acquiring an additional 192,667 shares during the last quarter. Tidal Investments LLC raised its stake in shares of Kratos Defense & Security Solutions by 27.9% during the 3rd quarter. Tidal Investments LLC now owns 21,258 shares of the aerospace company's stock worth $495,000 after purchasing an additional 4,638 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Kratos Defense & Security Solutions by 12.2% during the 3rd quarter. Franklin Resources Inc. now owns 2,798,859 shares of the aerospace company's stock valued at $70,951,000 after buying an additional 304,088 shares during the last quarter. Lord Abbett & CO. LLC grew its stake in shares of Kratos Defense & Security Solutions by 15.0% in the 3rd quarter. Lord Abbett & CO. LLC now owns 665,285 shares of the aerospace company's stock valued at $15,501,000 after buying an additional 86,567 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Kratos Defense & Security Solutions by 1.5% in the third quarter. JPMorgan Chase & Co. now owns 249,781 shares of the aerospace company's stock worth $5,820,000 after buying an additional 3,770 shares during the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Stock Performance

NASDAQ:KTOS traded down $0.69 during mid-day trading on Monday, hitting $32.90. 575,547 shares of the company's stock traded hands, compared to its average volume of 1,616,490. The firm has a market capitalization of $5.04 billion, a price-to-earnings ratio of 327.26 and a beta of 1.01. The firm has a 50 day moving average of $29.94 and a two-hundred day moving average of $28.63. The company has a current ratio of 3.22, a quick ratio of 2.61 and a debt-to-equity ratio of 0.13. Kratos Defense & Security Solutions, Inc. has a 12 month low of $17.76 and a 12 month high of $35.66.

Analyst Ratings Changes

Several analysts have commented on KTOS shares. Truist Financial boosted their target price on shares of Kratos Defense & Security Solutions from $32.00 to $38.00 and gave the stock a "buy" rating in a research report on Thursday, April 17th. B. Riley upgraded shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $26.00 to $35.00 in a report on Monday, January 13th. JMP Securities restated an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, February 4th. JPMorgan Chase & Co. upped their price target on Kratos Defense & Security Solutions from $27.00 to $33.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. Finally, StockNews.com lowered Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a report on Thursday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, Kratos Defense & Security Solutions has a consensus rating of "Moderate Buy" and an average price target of $34.13.

Insider Transactions at Kratos Defense & Security Solutions

In other news, SVP Marie Mendoza sold 1,500 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $27.12, for a total transaction of $40,680.00. Following the transaction, the senior vice president now owns 60,443 shares in the company, valued at approximately $1,639,214.16. The trade was a 2.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider David M. Carter sold 4,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $32.88, for a total transaction of $131,520.00. Following the completion of the sale, the insider now owns 106,906 shares of the company's stock, valued at approximately $3,515,069.28. The trade was a 3.61 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 80,168 shares of company stock worth $2,293,480. Insiders own 2.37% of the company's stock.

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.