Kratos Defense & Security Solutions (NASDAQ:KTOS) Shares Down 3.2% on Insider Selling

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)’s share price fell 3.2% during trading on Thursday following insider selling activity. The stock traded as low as $88.04 and last traded at $88.30. 1,745,180 shares were traded during mid-day trading, a decline of 51% from the average session volume of 3,594,428 shares. The stock had previously closed at $91.21.

Specifically, insider Steven S. Fendley sold 7,000 shares of the business’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $91.25, for a total value of $638,750.00. Following the completion of the transaction, the insider directly owned 332,421 shares in the company, valued at $30,333,416.25. The trade was a 2.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Analysts Set New Price Targets

Several research firms recently issued reports on KTOS. Royal Bank Of Canada boosted their target price on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Wednesday, October 8th. Truist Financial lifted their price target on Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. Finally, Noble Financial reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $77.36.

Kratos Defense & Security Solutions Trading Down 3.2%

The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The firm has a market capitalization of $14.90 billion, a PE ratio of 883.09 and a beta of 1.12. The company’s fifty day simple moving average is $81.66 and its 200-day simple moving average is $57.89.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data 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. The business had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The company’s revenue was up 17.1% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Costello Asset Management INC purchased a new position in Kratos Defense & Security Solutions in the 1st quarter valued at $29,000. Larson Financial Group LLC purchased a new position in Kratos Defense & Security Solutions in the 1st quarter valued at $30,000. TD Waterhouse Canada Inc. purchased a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at $30,000. Rakuten Securities Inc. purchased a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at $31,000. Finally, Bayforest Capital Ltd purchased a new position in Kratos Defense & Security Solutions in the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 75.92% of the company’s stock.

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.