Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Steven Fendley Sells 7,000 Shares

Key Points

• Insider Steven Fendley sold 7,000 shares of Kratos Defense & Security Solutions at an average price of $67.58, resulting in a total transaction value of $473,060.
• The company's recent earnings report showed a profit of $0.11 per share, exceeding analysts' expectations, with a revenue increase of 17.1% compared to the previous year.
• Analyst ratings for Kratos include a consensus rating of "Moderate Buy" with a price target range, demonstrating positive sentiment among equities researchers.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) insider Steven Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $67.58, for a total value of $473,060.00. Following the sale, the insider directly owned 346,441 shares in the company, valued at approximately $23,412,482.78. This trade represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kratos Defense & Security Solutions Stock Performance

KTOS stock traded down $0.13 during trading on Wednesday, reaching $67.92. 2,079,172 shares of the stock were exchanged, compared to its average volume of 3,920,846. Kratos Defense & Security Solutions, Inc. has a twelve month low of $20.83 and a twelve month high of $72.70. The company has a market capitalization of $11.46 billion, a P/E ratio of 679.27 and a beta of 1.04. The stock has a 50 day simple moving average of $55.68 and a 200-day simple moving average of $40.66. 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 (NASDAQ:KTOS - Get Free Report) last released its earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The business had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. During the same period last year, the business earned $0.14 earnings per share. The firm's revenue for the quarter was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. JMP Securities set a $70.00 price objective on Kratos Defense & Security Solutions and gave the company a "market outperform" rating in a report on Tuesday, July 22nd. B. Riley reaffirmed a "buy" rating and set a $72.00 price objective (up from $55.00) on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 18th. The Goldman Sachs Group raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 target price on the stock in a report on Monday, June 30th. 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 report on Thursday, August 14th. One equities research 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 company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $57.64.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Costello Asset Management INC acquired a new position in Kratos Defense & Security Solutions during the 1st quarter worth $29,000. Aspect Partners LLC lifted its holdings 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 in the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the first quarter worth $30,000. Larson Financial Group LLC bought a new stake in Kratos Defense & Security Solutions in the first quarter valued at about $30,000. Finally, TD Waterhouse Canada Inc. bought a new stake in Kratos Defense & Security Solutions in the second quarter valued at about $30,000. Institutional investors and hedge funds own 75.92% of the company's stock.

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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