Steven Fendley Sells 7,000 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Steven Fendley sold 7,000 shares of the firm’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $69.59, for a total value of $487,130.00. Following the sale, the insider directly owned 358,023 shares in the company, valued at approximately $24,914,820.57. This represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Kratos Defense & Security Solutions Price Performance

Shares of Kratos Defense & Security Solutions stock opened at $67.31 on Friday. The company has a market capitalization of $12.61 billion, a price-to-earnings ratio of 517.81 and a beta of 1.22. The company has a quick ratio of 3.46, a current ratio of 4.06 and a debt-to-equity ratio of 0.05. The stock’s 50-day simple moving average is $89.65 and its 200-day simple moving average is $87.85. Kratos Defense & Security Solutions, Inc. has a 52 week low of $25.78 and a 52 week high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its earnings results on Monday, February 23rd. The aerospace company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.04. The firm had revenue of $345.10 million during the quarter, compared to analysts’ expectations of $327.51 million. Kratos Defense & Security Solutions had a return on equity of 3.34% and a net margin of 1.63%.The firm’s revenue was up 21.9% on a year-over-year basis. During the same quarter last year, the business posted $0.13 earnings per share. As a group, analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

KTOS has been the topic of several recent analyst reports. Noble Financial reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, January 20th. Canaccord Genuity Group raised their target price on shares of Kratos Defense & Security Solutions from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Stifel Nicolaus lifted their price target on shares of Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $115.00 price target on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 24th. Finally, UBS Group assumed coverage on shares of Kratos Defense & Security Solutions in a report on Wednesday, February 18th. They set a “neutral” rating and a $79.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $98.28.

Key Stories Impacting Kratos Defense & Security Solutions

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

• Positive Sentiment: Large proposed defense budget — President Trump’s FY2027 request calls for a significant jump in defense spending, a macro tailwind for defense contractors with unmanned systems and C5ISR capabilities like Kratos. Read More.
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms (BTIG, Cantor Fitzgerald, B. Riley, Citi, JonesTrading) have reiterated buys or raised targets, lifting the consensus price objective well above current levels and supporting longer-term upside expectations. Read More.
• Neutral Sentiment: Strong institutional ownership and recent buys — Large funds (Geode, Morgan Stanley, First Trust, Invesco) hold material stakes and increased positions, which provides liquidity and steady demand but can also amplify volatility if they rebalance. Read More.
• Neutral Sentiment: Planned insider sales under 10b5-1 — Director William Hoglund (30,500 shares) and CFO Deanna Lund (5,000 shares) executed sales under pre-arranged Rule 10b5-1 plans; such planned disposals are less informative about company fundamentals but increase share supply. Read More. · Read More.
• Negative Sentiment: Additional insider selling not flagged as 10b5-1 — Director/insider Steven Fendley sold 7,000 shares (~1.9% of his stake) at ~ $69.59; while modest, repeated insider sales can concern investors when combined with technical weakness. Read More.
• Negative Sentiment: Technical/near-term pressure — Coverage noting that KTOS has been declining since mid-January and “may have more room to go” highlights short-term downside risk despite positive fundamentals. Read More.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Amalgamated Bank lifted its holdings in shares of Kratos Defense & Security Solutions by 57.7% in the 3rd quarter. Amalgamated Bank now owns 73,673 shares of the aerospace company’s stock valued at $6,732,000 after acquiring an additional 26,946 shares during the last quarter. Mission Wealth Management LP bought a new stake in Kratos Defense & Security Solutions during the third quarter worth approximately $1,828,000. Baillie Gifford & Co. purchased a new stake in Kratos Defense & Security Solutions during the third quarter valued at approximately $19,048,000. Victory Capital Management Inc. purchased a new stake in Kratos Defense & Security Solutions during the third quarter valued at approximately $21,013,000. Finally, Barclays PLC lifted its stake in shares of Kratos Defense & Security Solutions by 16.3% in the 3rd quarter. Barclays PLC now owns 413,514 shares of the aerospace company’s stock valued at $37,783,000 after purchasing an additional 57,906 shares during the last quarter. 75.92% of the stock is currently owned by institutional investors.

About Kratos Defense & Security Solutions

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.