14,149 Shares in Kratos Defense & Security Solutions, Inc. $KTOS Bought by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft bought a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,149 shares of the aerospace company’s stock, valued at approximately $1,293,000.

Several other large investors have also modified their holdings of KTOS. Franklin Resources Inc. boosted its holdings in Kratos Defense & Security Solutions by 29.6% in the second quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock worth $236,268,000 after purchasing an additional 1,162,577 shares during the period. ARK Investment Management LLC raised its holdings in shares of Kratos Defense & Security Solutions by 22.2% during the second quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock worth $209,382,000 after purchasing an additional 818,104 shares during the period. Geode Capital Management LLC lifted its position in shares of Kratos Defense & Security Solutions by 8.3% in the 2nd quarter. Geode Capital Management LLC now owns 3,949,763 shares of the aerospace company’s stock worth $183,490,000 after buying an additional 301,135 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Kratos Defense & Security Solutions by 18.1% in the 2nd quarter. Invesco Ltd. now owns 2,837,005 shares of the aerospace company’s stock valued at $131,779,000 after buying an additional 434,561 shares during the period. Finally, Hood River Capital Management LLC grew its position in shares of Kratos Defense & Security Solutions by 13.3% during the 2nd quarter. Hood River Capital Management LLC now owns 2,755,446 shares of the aerospace company’s stock valued at $127,990,000 after buying an additional 324,140 shares during the last quarter. Institutional investors own 75.92% of the company’s stock.

Insider Buying and Selling at Kratos Defense & Security Solutions

In related news, insider David M. Carter sold 4,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $87.40, for a total value of $349,600.00. Following the completion of the sale, the insider owned 77,826 shares in the company, valued at approximately $6,801,992.40. This trade represents a 4.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Marie Mendoza sold 1,676 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $120.18, for a total value of $201,421.68. Following the transaction, the senior vice president directly owned 63,393 shares of the company’s stock, valued at $7,618,570.74. The trade was a 2.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 916,815 shares of company stock valued at $75,023,021. 2.37% of the stock is currently owned by company insiders.

Kratos Defense & Security Solutions Price Performance

Kratos Defense & Security Solutions stock opened at $87.73 on Thursday. The company has a current ratio of 4.30, a quick ratio of 3.68 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average price of $94.05 and a 200 day moving average price of $82.49. Kratos Defense & Security Solutions, Inc. has a 12-month low of $23.90 and a 12-month high of $134.00. The stock has a market cap of $14.81 billion, a P/E ratio of 674.89 and a beta of 1.09.

Analyst Upgrades and Downgrades

KTOS has been the topic of several analyst reports. Stifel Nicolaus increased their target price on Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Citizens Jmp increased their price objective on shares of Kratos Defense & Security Solutions from $105.00 to $125.00 and gave the stock a “market outperform” rating in a report on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, January 22nd. Piper Sandler initiated coverage on shares of Kratos Defense & Security Solutions in a research report on Wednesday, January 21st. They issued a “neutral” rating and a $99.00 target price for the company. Finally, Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $95.28.

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.