Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock Rating Upgraded by StockNews.com

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "sell" rating to a "hold" rating in a note issued to investors on Friday.

Several other equities analysts have also recently commented on KTOS. JPMorgan Chase & Co. boosted their price target on shares of Kratos Defense & Security Solutions from $27.00 to $33.00 and gave the company a "neutral" rating in a report on Friday, March 21st. B. Riley raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and upped their target price for the stock from $26.00 to $35.00 in a research report on Monday, January 13th. JMP Securities reiterated an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, February 4th. Royal Bank of Canada dropped their price objective on Kratos Defense & Security Solutions from $37.00 to $32.00 and set an "outperform" rating on the stock in a report on Thursday, February 27th. Finally, Robert W. Baird lifted their target price on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an "outperform" rating in a research note on Tuesday, January 14th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $34.13.

Kratos Defense & Security Solutions Stock Down 0.4 %

Shares of KTOS traded down $0.15 during trading hours on Friday, reaching $36.08. The company's stock had a trading volume of 2,291,534 shares, compared to its average volume of 1,641,505. The company has a 50 day moving average of $31.46 and a two-hundred day moving average of $29.13. The company has a quick ratio of 2.61, a current ratio of 3.22 and a debt-to-equity ratio of 0.13. The firm has a market cap of $5.53 billion, a price-to-earnings ratio of 360.83 and a beta of 1.03. Kratos Defense & Security Solutions has a 1-year low of $17.91 and a 1-year high of $36.85.

Insider Buying and Selling

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 6,000 shares of Kratos Defense & Security Solutions stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $33.91, for a total transaction of $203,460.00. Following the sale, the chief financial officer now owns 325,427 shares in the company, valued at $11,035,229.57. The trade was a 1.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Marie Mendoza sold 1,500 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $27.12, for a total transaction of $40,680.00. Following the completion of the transaction, the senior vice president now owns 60,443 shares of the company's stock, valued at approximately $1,639,214.16. This represents a 2.42 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 87,168 shares of company stock valued at $2,537,940 over the last three months. 2.37% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Larson Financial Group LLC bought a new stake in Kratos Defense & Security Solutions during the 1st quarter worth about $30,000. Aspect Partners LLC raised its stake in shares of Kratos Defense & Security Solutions by 1,900.0% during the first 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 last quarter. Smallwood Wealth Investment Management LLC bought a new position in Kratos Defense & Security Solutions in the first quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Kratos Defense & Security Solutions by 202.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company's stock valued at $31,000 after purchasing an additional 700 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in shares of Kratos Defense & Security Solutions by 90.5% during the fourth quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company's stock worth $34,000 after purchasing an additional 610 shares during the period. 75.92% of the stock is currently owned by institutional investors.

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.