Stacey Rock Sells 4,000 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Key Points

• Stacey Rock, an insider at Kratos Defense & Security Solutions, sold 4,000 shares at an average price of $64.19, reducing their holdings by 9.49% to a total of 38,128 shares valued at approximately $2.45 million.
• Shares of Kratos traded down 1.4% to $63.59, with a market capitalization of $10.73 billion and a price-to-earnings ratio of 635.96.
• Recent earnings reports showed a 17.1% increase in revenue year-over-year, with an earnings-per-share of $0.11 which beat analysts' expectations by $0.02.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) insider Stacey Rock sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $64.19, for a total value of $256,760.00. Following the completion of the sale, the insider owned 38,128 shares of the company's stock, valued at $2,447,436.32. The trade was a 9.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Kratos Defense & Security Solutions Trading Down 1.4%

Shares of NASDAQ:KTOS traded down $0.91 during trading on Thursday, reaching $63.59. 2,810,201 shares of the company traded hands, compared to its average volume of 3,409,472. The firm has a market capitalization of $10.73 billion, a price-to-earnings ratio of 635.96 and a beta of 1.05. Kratos Defense & Security Solutions, Inc. has a 52-week low of $20.83 and a 52-week high of $72.70. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. The business's fifty day moving average is $58.50 and its 200-day moving average is $42.15.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last announced its earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating 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 company had revenue of $351.50 million during the quarter, compared to the consensus estimate of $305.67 million. During the same quarter in the prior year, the company earned $0.14 earnings per share. The firm's revenue for the quarter 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. As a group, analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Several large investors have recently modified their holdings of the stock. CWM LLC boosted its holdings in Kratos Defense & Security Solutions by 3.8% during the 2nd quarter. CWM LLC now owns 4,722 shares of the aerospace company's stock valued at $219,000 after acquiring an additional 171 shares during the period. Red Mountain Financial LLC boosted its holdings in Kratos Defense & Security Solutions by 1.9% during the 2nd quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company's stock valued at $488,000 after acquiring an additional 200 shares during the period. NewEdge Advisors LLC boosted its holdings in Kratos Defense & Security Solutions by 15.2% during the 2nd quarter. NewEdge Advisors LLC now owns 1,515 shares of the aerospace company's stock valued at $70,000 after acquiring an additional 200 shares during the period. MRP Capital Investments LLC boosted its holdings in Kratos Defense & Security Solutions by 11.1% during the 2nd quarter. MRP Capital Investments LLC now owns 2,500 shares of the aerospace company's stock valued at $116,000 after acquiring an additional 250 shares during the period. Finally, ORG Partners LLC boosted its holdings in Kratos Defense & Security Solutions by 12.3% during the 2nd quarter. ORG Partners LLC now owns 2,432 shares of the aerospace company's stock valued at $105,000 after acquiring an additional 267 shares during the period. Institutional investors own 75.92% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on KTOS shares. Citigroup reaffirmed a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, July 22nd. 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 research note on Thursday, August 14th. Canaccord Genuity Group set a $74.00 price objective on shares of Kratos Defense & Security Solutions and gave the company a "buy" rating 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. Finally, Noble Financial reaffirmed an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $57.64.

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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