Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Sells $411,240.00 in Stock

Key Points

• David Carter, an insider at Kratos Defense & Security Solutions, sold 4,000 shares for a total of $411,240, reducing his ownership by 4.09%.
• The company’s stock has decreased by 6.7% recently, trading at $98.55, following a high of $112.57 in the last 52 weeks.
• Analysts have shown a positive outlook, with multiple upgrades raising price targets, reflecting a consensus rating of "Moderate Buy".

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) insider David Carter sold 4,000 shares of the business's stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $102.81, for a total value of $411,240.00. Following the sale, the insider owned 93,809 shares in the company, valued at $9,644,503.29. This 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 link.

Kratos Defense & Security Solutions Trading Down 6.7%

Shares of NASDAQ:KTOS traded down $7.12 during midday trading on Thursday, reaching $98.55. The company's stock had a trading volume of 8,071,378 shares, compared to its average volume of 5,743,839. The firm has a market capitalization of $16.63 billion, a price-to-earnings ratio of 985.60 and a beta of 1.12. 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 firm has a 50 day moving average price of $73.85 and a two-hundred day moving average price of $51.55. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $22.69 and a fifty-two week high of $112.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 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 the consensus estimate of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company's quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the prior 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. As a group, analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

KTOS has been the topic of several analyst reports. Truist Financial lifted their price objective on Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the stock a "buy" rating in a report on Friday, June 27th. The Goldman Sachs Group raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 price objective on the stock in a research report on Monday, June 30th. Benchmark boosted 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 boosted their price target on Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the stock a "market outperform" rating in a research report on Thursday, October 2nd. Finally, Stifel Nicolaus boosted their price target on Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $69.14.

Institutional Trading of Kratos Defense & Security Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rakuten Securities Inc. bought a new stake in Kratos Defense & Security Solutions in the 2nd quarter valued at $31,000. TD Waterhouse Canada Inc. purchased a new stake in Kratos Defense & Security Solutions in the 2nd quarter worth about $30,000. Farther Finance Advisors LLC raised its position in Kratos Defense & Security Solutions by 129.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company's stock worth $41,000 after purchasing an additional 503 shares during the period. Costello Asset Management INC purchased a new stake in Kratos Defense & Security Solutions in the 1st quarter worth about $29,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Kratos Defense & Security Solutions in the 2nd quarter worth about $45,000. Institutional investors 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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