Chicago Partners Investment Group LLC Buys Shares of 4,019 Kratos Defense & Security Solutions, Inc. $KTOS

Chicago Partners Investment Group LLC bought a new stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,019 shares of the aerospace company’s stock, valued at approximately $187,000.

A number of other institutional investors also recently made changes to their positions in the business. Alpha Wealth Funds LLC acquired a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter valued at approximately $227,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter valued at approximately $618,000. Allianz Asset Management GmbH acquired a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter valued at approximately $234,000. New York State Teachers Retirement System raised its position in shares of Kratos Defense & Security Solutions by 43.6% in the 2nd quarter. New York State Teachers Retirement System now owns 68,085 shares of the aerospace company’s stock valued at $3,163,000 after purchasing an additional 20,685 shares in the last quarter. Finally, TD Asset Management Inc acquired a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter valued at approximately $2,331,000. 75.92% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Deanna H. Lund sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $65.10, for a total transaction of $325,500.00. Following the completion of the transaction, the chief financial officer owned 313,327 shares of the company’s stock, valued at $20,397,587.70. This trade represents a 1.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Thomas E. Iv Mills sold 5,758 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $65.54, for a total value of $377,379.32. Following the transaction, the insider directly owned 9,692 shares of the company’s stock, valued at $635,213.68. This represents a 37.27% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 85,716 shares of company stock valued at $6,399,245. Company insiders own 2.37% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on KTOS. Noble Financial reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. JMP Securities boosted their price target on Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the company a “market outperform” rating in a report on Thursday, October 2nd. JPMorgan Chase & Co. boosted their price target on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Monday, June 30th. Royal Bank Of Canada boosted their price target on Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $77.36.

Kratos Defense & Security Solutions Trading Up 2.1%

NASDAQ:KTOS opened at $91.18 on Friday. Kratos Defense & Security Solutions, Inc. has a 1 year low of $22.69 and a 1 year high of $112.57. The stock has a market cap of $15.39 billion, a price-to-earnings ratio of 911.89 and a beta of 1.12. The business has a fifty day moving average of $79.69 and a 200-day moving average of $56.28. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping 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 company had revenue of $351.50 million during the quarter, compared to analysts’ expectations of $305.67 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. The company’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. Equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

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.