Insider Selling: Kratos Defense & Security Solutions (NASDAQ:KTOS) CFO Sells 5,000 Shares of Stock

Key Points

• Deanna Lund, CFO of Kratos Defense & Security Solutions, sold 5,000 shares of the company's stock for a total of $325,500, reducing her ownership position by 1.57%.
• Kratos Defense & Security Solutions reported earnings per share (EPS) of $0.11, beating the consensus estimate and reflecting a 17.1% revenue increase year-over-year, with revenue reaching $351.50 million.
• Several analysts have recently raised their price targets for the stock, with estimates now ranging from $50.00 to $80.00, indicating a generally positive sentiment towards Kratos' future performance.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) CFO Deanna Lund sold 5,000 shares of the firm's stock in a transaction dated 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 directly owned 313,327 shares in the company, valued at $20,397,587.70. This trade represents a 1.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kratos Defense & Security Solutions Stock Up 0.8%

Shares of KTOS stock traded up $0.51 on Thursday, hitting $64.78. 2,533,100 shares of the stock were exchanged, compared to its average volume of 4,099,071. The firm has a market capitalization of $10.93 billion, a P/E ratio of 647.86 and a beta of 1.04. The business has a 50-day moving average of $53.66 and a 200 day moving average of $39.73. 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, Inc. has a fifty-two week low of $20.83 and a fifty-two week high of $72.70.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last issued its 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. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business had revenue of $351.50 million during the quarter, compared to the consensus estimate of $305.67 million. During the same period last year, the business posted $0.14 EPS. 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 anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Costello Asset Management INC bought a new position in shares of Kratos Defense & Security Solutions during the 1st quarter valued at approximately $29,000. Aspect Partners LLC lifted its stake in Kratos Defense & Security Solutions by 1,900.0% in the first quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock worth $30,000 after purchasing an additional 950 shares during the last quarter. Smallwood Wealth Investment Management LLC purchased a new position in Kratos Defense & Security Solutions during the 1st quarter worth $30,000. Larson Financial Group LLC bought a new position in shares of Kratos Defense & Security Solutions in the 1st quarter worth $30,000. Finally, TD Waterhouse Canada Inc. purchased a new stake in Kratos Defense & Security Solutions in the second quarter valued at about $30,000. 75.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on KTOS shares. Benchmark boosted their target price on shares of Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Stifel Nicolaus lifted 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. JMP Securities set a $70.00 price target on Kratos Defense & Security Solutions and gave the stock a "market outperform" rating in a report on Tuesday, July 22nd. BTIG Research raised shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 target price for the company in a research report on Thursday, August 14th. Finally, Cantor Fitzgerald reiterated an "overweight" rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $57.64.

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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