Insider Selling: Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) SVP Sells 2,000 Shares of Stock

Key Points

• Marie Mendoza, Senior Vice President of Kratos Defense & Security Solutions, sold 2,000 shares at an average price of $68.35, reducing her holdings by 3.06%.
• The company's stock price decreased to $68.50 with a market capitalization of $11.56 billion, despite a positive earnings report exceeding estimates.
• Analysts have varied opinions on the stock, with one *downgrade* to "sell" and several *buy* ratings, indicating mixed market sentiment.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) SVP Marie Mendoza sold 2,000 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $68.35, for a total transaction of $136,700.00. Following the transaction, the senior vice president directly owned 63,357 shares in the company, valued at approximately $4,330,450.95. This represents a 3.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Marie Mendoza also recently made the following trade(s):

• On Tuesday, July 15th, Marie Mendoza sold 2,000 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $50.97, for a total transaction of $101,940.00.
• On Monday, June 16th, Marie Mendoza sold 2,419 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $41.87, for a total transaction of $101,283.53.

Kratos Defense & Security Solutions Price Performance

Shares of NASDAQ:KTOS traded down $0.62 during midday trading on Friday, reaching $68.50. 2,866,758 shares of the company's stock were exchanged, compared to its average volume of 4,628,925. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The company's 50 day simple moving average is $51.65 and its two-hundred day simple moving average is $38.84. Kratos Defense & Security Solutions, Inc. has a 12 month low of $20.37 and a 12 month high of $72.70. The firm has a market capitalization of $11.56 billion, a PE ratio of 685.07 and a beta of 1.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. The firm 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 business's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.14 earnings per share. Equities research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on KTOS shares. Wall Street Zen downgraded shares of Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research note on Friday, August 8th. Stifel Nicolaus boosted their price objective on shares of Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Noble Financial restated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Monday. Finally, BTIG Research raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 target price on the stock in a research report on Thursday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Kratos Defense & Security Solutions has an average rating of "Moderate Buy" and an average target price of $57.64.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Costello Asset Management INC bought a new position in Kratos Defense & Security Solutions in the first quarter valued at approximately $29,000. Aspect Partners LLC raised its stake in 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 buying an additional 950 shares during the period. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the first quarter worth about $30,000. Larson Financial Group LLC acquired a new stake in Kratos Defense & Security Solutions during the 1st quarter worth approximately $30,000. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of Kratos Defense & Security Solutions during the second quarter worth $30,000. Institutional investors and hedge funds own 75.92% 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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