ARS Investment Partners LLC Reduces Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

ARS Investment Partners LLC cut its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 32.7% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 719,050 shares of the aerospace company’s stock after selling 348,779 shares during the period. Kratos Defense & Security Solutions makes up approximately 2.4% of ARS Investment Partners LLC’s holdings, making the stock its 15th largest holding. ARS Investment Partners LLC owned about 0.47% of Kratos Defense & Security Solutions worth $33,400,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Costello Asset Management INC purchased a new stake in shares of Kratos Defense & Security Solutions during the first quarter valued at approximately $29,000. Larson Financial Group LLC purchased a new position in shares of Kratos Defense & Security Solutions in the first quarter valued at $30,000. TD Waterhouse Canada Inc. acquired a new stake in Kratos Defense & Security Solutions during the 2nd quarter valued at $30,000. Twin Tree Management LP purchased a new stake in Kratos Defense & Security Solutions during the 1st quarter worth $37,000. Finally, Banque Cantonale Vaudoise purchased a new stake in Kratos Defense & Security Solutions during the 1st quarter worth $38,000. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Stock Up 0.2%

NASDAQ:KTOS opened at $70.36 on Wednesday. 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 has a market capitalization of $11.88 billion, a price-to-earnings ratio of 703.67 and a beta of 1.11. Kratos Defense & Security Solutions, Inc. has a one year low of $23.90 and a one year high of $112.57. The stock has a 50-day simple moving average of $84.84 and a 200 day simple moving average of $62.33.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $347.60 million for the quarter, compared to the consensus estimate of $323.01 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.Kratos Defense & Security Solutions’s quarterly revenue was up 26.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Phillip D. Carrai sold 6,000 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $96.90, for a total transaction of $581,400.00. Following the sale, the insider directly owned 252,041 shares of the company’s stock, valued at approximately $24,422,772.90. This represents a 2.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Deanna H. Lund sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $90.26, for a total transaction of $451,300.00. Following the completion of the transaction, the chief financial officer owned 303,114 shares in the company, valued at approximately $27,359,069.64. The trade was a 1.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 77,716 shares of company stock worth $6,283,225. 2.37% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

KTOS has been the subject of a number of analyst reports. Raymond James Financial reissued a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. B. Riley cut Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $72.00 to $105.00 in a research note on Wednesday, October 8th. Truist Financial increased their price target on Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. BTIG Research raised their price objective on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, JMP Securities lifted their price objective on Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the stock a “market outperform” rating in a report on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $82.20.

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.