Thrivent Financial for Lutherans Has $3.80 Million Stake in Kratos Defense & Security Solutions, Inc. $KTOS

Thrivent Financial for Lutherans reduced its stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 66.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 41,564 shares of the aerospace company’s stock after selling 80,815 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Kratos Defense & Security Solutions were worth $3,797,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. acquired a new stake in shares of Kratos Defense & Security Solutions in the second quarter worth $30,000. Rakuten Securities Inc. acquired a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at $31,000. Bayforest Capital Ltd bought a new position in Kratos Defense & Security Solutions in the 3rd quarter worth $32,000. Whittier Trust Co. acquired a new position in Kratos Defense & Security Solutions during the 3rd quarter worth $38,000. Finally, NewEdge Advisors LLC lifted its position in Kratos Defense & Security Solutions by 64.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 515 shares during the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Trading Up 10.7%

Shares of KTOS stock opened at $94.41 on Friday. The firm has a fifty day moving average of $92.79 and a 200-day moving average of $81.77. The stock has a market cap of $15.94 billion, a price-to-earnings ratio of 726.29 and a beta of 1.09. Kratos Defense & Security Solutions, Inc. has a 52-week low of $23.90 and a 52-week high of $134.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.68 and a current ratio of 4.30.

Analysts Set New Price Targets

A number of research firms have recently commented on KTOS. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, January 22nd. B. Riley Financial raised their target price on Kratos Defense & Security Solutions from $105.00 to $128.00 and gave the company a “buy” rating in a report on Friday, January 9th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $85.00 price target on shares of Kratos Defense & Security Solutions in a research report on Thursday, November 6th. Truist Financial set a $135.00 price target on Kratos Defense & Security Solutions in a report on Friday, January 9th. Finally, The Goldman Sachs Group increased their price objective on Kratos Defense & Security Solutions from $93.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions currently has an average rating of “Moderate Buy” and an average price target of $95.28.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, Director William A. Hoglund sold 75,000 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, December 1st. The stock was sold at an average price of $74.35, for a total transaction of $5,576,250.00. Following the completion of the transaction, the director directly owned 147,193 shares of the company’s stock, valued at approximately $10,943,799.55. This trade represents a 33.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Deanna H. Lund sold 30,000 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $74.08, for a total transaction of $2,222,400.00. Following the completion of the sale, the chief financial officer owned 273,285 shares in the company, valued at $20,244,952.80. This represents a 9.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 916,815 shares of company stock worth $75,023,021 over the last three months. 2.37% of the stock is currently owned by insiders.

Kratos Defense & Security Solutions News Summary

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Taiwan partnership and drone production ramp — Kratos and Taiwan’s military successfully tested a jet-powered attack drone aimed at rapidly fielding low-cost, attritable aircraft, a material international contract/partnership that supports near-term production and revenue growth. Taiwan teams with US firm Kratos to build attack drones to counter China
• Positive Sentiment: Successful integrated Mighty Hornet IV test — Kratos and NCSIST validated the integrated Mighty Hornet IV system, reinforcing international demand for Kratos’ attritable and integrated drone/weapon solutions. This demonstrates exportable tech and program traction. Kratos, NCSIST Team Successfully Test Integrated Mighty Hornet IV System
• Positive Sentiment: Analyst/market coverage turning favorable — Coverage notes (Zacks, MarketBeat) highlight strong recent share gains, contract wins, hypersonics expansion and rising price targets from major brokers, which supports investor appetite and higher upside expectations. KTOS Stock Rises 17.7% in 3 Months
• Neutral Sentiment: Training and simulation wins noted — Coverage (Yahoo/Business Insider) flags Kratos’ training and simulation contracts as potential durable edges, but these are longer-duration revenue streams and less immediately accretive than production contracts. Do Kratos (KTOS) Training Wins Hint At A Durable Edge In Defense Simulation?
• Neutral Sentiment: Momentum / thematic coverage — MarketBeat and others include KTOS in lists of high-risk/high-reward defense stocks that outperformed in 2025; useful for sentiment but not a direct operational catalyst. Earnings scheduled late February remain the next major event. 3 High-Risk Stocks That Soared in 2025 But Can Still Fly Higher (KTOS)
• Negative Sentiment: Insider selling — CFO Deanna Lund sold 5,000 shares (~$484k) and insider David M. Carter sold 4,000 shares (~$350k) in early Feb. Multiple insider sales can weigh on sentiment even as executives retain substantial positions. SEC filing for Carter’s sale: SEC filing: Carter sale SEC filing: Lund sale

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.