Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Sells 5,758 Shares

Key Points

• Insider Activity: Kratos Defense & Security Solutions insider Thomas Iv Mills sold 5,758 shares at an average price of $65.54, reducing his ownership by 37.27% to 9,692 shares.
• Quarterly Earnings: The company reported earnings per share of $0.11 for the last quarter, exceeding analyst estimates of $0.09, with revenue of $351.5 million, surpassing estimates of $305.67 million.
• Analyst Ratings: The stock has a consensus rating of "Moderate Buy" among analysts, with a target price averaging $57.64 after recent upgrades from several firms.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) insider Thomas Iv Mills sold 5,758 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $65.54, for a total value of $377,379.32. Following the completion of the transaction, the insider owned 9,692 shares of the company's stock, valued at $635,213.68. The trade was a 37.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Kratos Defense & Security Solutions Trading Down 1.4%

Shares of KTOS stock traded down $0.91 during trading hours on Thursday, hitting $63.59. 2,810,201 shares of the company's stock traded hands, compared to its average volume of 3,409,472. The stock has a market cap of $10.73 billion, a PE ratio of 635.96 and a beta of 1.05. The stock's 50 day simple moving average is $58.50 and its 200 day simple moving average is $42.15. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12. Kratos Defense & Security Solutions, Inc. has a 12 month low of $20.83 and a 12 month high of $72.70.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The company had revenue of $351.50 million for 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 firm's quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

Several institutional investors have recently modified their holdings of KTOS. Rovida Advisors Inc. bought a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter worth approximately $82,315,000. Vanguard Group Inc. grew its position in shares of Kratos Defense & Security Solutions by 11.7% during the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company's stock valued at $488,332,000 after acquiring an additional 1,728,179 shares during the period. Nuveen LLC bought a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter valued at $41,118,000. Voya Investment Management LLC raised its holdings in Kratos Defense & Security Solutions by 129.2% in the 1st quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company's stock worth $64,226,000 after purchasing an additional 1,219,585 shares during the period. Finally, Franklin Resources Inc. lifted its position in Kratos Defense & Security Solutions by 29.6% during the second quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company's stock valued at $236,268,000 after purchasing an additional 1,162,577 shares in the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. The Goldman Sachs Group raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 price objective for the company in a research note on Monday, June 30th. Citigroup restated a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, July 22nd. JMP Securities set a $70.00 price target on shares of Kratos Defense & Security Solutions and gave the stock a "market outperform" rating in a research note on Tuesday, July 22nd. Stifel Nicolaus raised their target price 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. Finally, Benchmark upped their price target on 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $57.64.

About Kratos Defense & Security Solutions

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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