Stacey Rock Sells 3,846 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Key Points

• Insider Stacey Rock sold 3,846 shares of Kratos Defense & Security Solutions at an average price of $92.02, resulting in a total transaction of approximately $353,909 and a 10.11% decrease in their position.
• Kratos Defense & Security Solutions reported $351.50 million in quarterly revenue, exceeding analyst expectations, while earnings per share (EPS) came in at $0.11, beating the consensus estimate.
• Analysts have a consensus rating of "Moderate Buy" for Kratos, with an average price target of $63.50, indicating potential for future growth.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) insider Stacey Rock sold 3,846 shares of the company's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $92.02, for a total transaction of $353,908.92. Following the transaction, the insider owned 34,202 shares in the company, valued at approximately $3,147,268.04. This trade represents a 10.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Kratos Defense & Security Solutions Stock Up 1.2%

NASDAQ KTOS traded up $1.16 during trading hours on Friday, reaching $96.19. 3,404,513 shares of the company's stock were exchanged, compared to its average volume of 5,337,248. Kratos Defense & Security Solutions, Inc. has a one year low of $22.69 and a one year high of $98.12. 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 company's 50-day moving average is $70.35 and its two-hundred day moving average is $49.61. The company has a market capitalization of $16.24 billion, a price-to-earnings ratio of 962.00 and a beta of 1.12.

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

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Benchmark raised their price target on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a "buy" rating in a report on Tuesday, July 8th. Canaccord Genuity Group reiterated a "buy" rating and set a $74.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Tuesday, September 9th. Noble Financial restated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Robert W. Baird upped their price objective on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an "outperform" rating in a research note on Friday, September 26th. Finally, JPMorgan Chase & Co. increased their price target on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the stock a "neutral" rating in a report on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $63.50.

Institutional Trading of Kratos Defense & Security Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC increased its position in shares of Kratos Defense & Security Solutions by 3.8% during the second quarter. CWM LLC now owns 4,722 shares of the aerospace company's stock worth $219,000 after purchasing an additional 171 shares in the last quarter. Red Mountain Financial LLC boosted its holdings in Kratos Defense & Security Solutions by 1.9% in the 2nd quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company's stock valued at $488,000 after purchasing an additional 200 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Kratos Defense & Security Solutions by 15.2% in the 2nd quarter. NewEdge Advisors LLC now owns 1,515 shares of the aerospace company's stock valued at $70,000 after purchasing an additional 200 shares in the last quarter. MRP Capital Investments LLC boosted its holdings in Kratos Defense & Security Solutions by 11.1% in the 2nd quarter. MRP Capital Investments LLC now owns 2,500 shares of the aerospace company's stock valued at $116,000 after purchasing an additional 250 shares in the last quarter. Finally, ORG Partners LLC boosted its holdings in Kratos Defense & Security Solutions by 12.3% in the 2nd quarter. ORG Partners LLC now owns 2,432 shares of the aerospace company's stock valued at $105,000 after purchasing an additional 267 shares in the last quarter. 75.92% of the stock is currently owned by institutional investors and hedge funds.

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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