Envestnet Asset Management Inc. Sells 61,702 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Envestnet Asset Management Inc. reduced its holdings in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 37.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 101,219 shares of the aerospace company’s stock after selling 61,702 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.06% of Kratos Defense & Security Solutions worth $9,248,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Rovida Advisors Inc. acquired a new stake in Kratos Defense & Security Solutions in the 2nd quarter valued at $82,315,000. Franklin Resources Inc. raised its holdings in Kratos Defense & Security Solutions by 29.6% during the second quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock worth $236,268,000 after acquiring an additional 1,162,577 shares in the last quarter. First Trust Advisors LP boosted its position in Kratos Defense & Security Solutions by 29.1% during the second quarter. First Trust Advisors LP now owns 2,370,085 shares of the aerospace company’s stock valued at $110,090,000 after purchasing an additional 533,912 shares during the last quarter. Seven Grand Managers LLC bought a new position in shares of Kratos Defense & Security Solutions in the second quarter valued at $23,225,000. Finally, Sapient Capital LLC bought a new stake in Kratos Defense & Security Solutions during the third quarter worth $41,401,000. Institutional investors own 75.92% of the company’s stock.

Insider Activity

In other Kratos Defense & Security Solutions news, CEO Eric M. Demarco sold 200,000 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, December 1st. The stock was sold at an average price of $74.09, for a total transaction of $14,818,000.00. Following the completion of the transaction, the chief executive officer owned 1,196,237 shares in the company, valued at approximately $88,629,199.33. The trade was a 14.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jonah Adelman sold 30,000 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $74.80, for a total value of $2,244,000.00. Following the sale, the insider owned 9,348 shares in the company, valued at approximately $699,230.40. This represents a 76.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 922,407 shares of company stock worth $75,653,893. Company insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions Stock Up 8.7%

Kratos Defense & Security Solutions stock opened at $105.67 on Friday. The company has a quick ratio of 3.68, a current ratio of 4.30 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $18.00 billion, a PE ratio of 812.91 and a beta of 1.09. The firm’s fifty day moving average is $95.97 and its 200 day moving average is $83.80. Kratos Defense & Security Solutions, Inc. has a 12-month low of $23.90 and a 12-month high of $134.00.

Kratos Defense & Security Solutions News Summary

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

• Positive Sentiment: Kratos was awarded a contract to accelerate development and testing of hypersonic thermal-protection materials — a program win that strengthens its role in advanced hypersonics engineering and could drive near-term revenue/award momentum. Kratos Awarded Contract to Streamline Hypersonic Material’s Development
• Positive Sentiment: Company expands its role across hypersonics, satellites and autonomy programs — incremental program scope that supports long-term backlog growth and positioning in higher-margin, strategic defense areas. Kratos Expands Role In Hypersonics Satellites And Autonomy Programs
• Neutral Sentiment: UBS initiated coverage with a Neutral rating — brings fresh analyst attention but no buy-side endorsement; could temper upside unless guidance/earnings exceed expectations. UBS initiates coverage of Kratos Defense Security Solutions (KTOS) with neutral recommendation
• Neutral Sentiment: Pre-earnings analyst pieces highlight expected double-digit revenue growth and Wall Street’s Q4 forecasts — positive fundamental backdrop but outcome hinges on upcoming quarterly results. Is KTOS Stock a Smart Investment Option Before Q4 Earnings Release?
• Neutral Sentiment: Reported short interest data shows effectively zero short interest in the most recent snapshot — implies limited short-selling pressure but the data appears anomalous and should be treated cautiously.
• Negative Sentiment: Senior VP Marie Mendoza sold 1,500 shares (~$132k) on Feb. 17, modestly reducing her stake. Filing: Mendoza SEC Filing
• Negative Sentiment: Insider Phillip D. Carrai sold 6,500 shares (~$591k) on Feb. 17, trimming his position by ~2.96% — typical insider sales can create short-term selling pressure if perceived as timing. Filing: Carrai SEC Filing

Analysts Set New Price Targets

KTOS has been the subject of several research analyst reports. The Goldman Sachs Group lifted their target price on Kratos Defense & Security Solutions from $93.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. KeyCorp lifted their price objective on shares of Kratos Defense & Security Solutions from $90.00 to $130.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. B. Riley Financial upped their price objective on shares of Kratos Defense & Security Solutions from $105.00 to $128.00 and gave the company a “buy” rating in a report on Friday, January 9th. Truist Financial set a $135.00 target price on shares of Kratos Defense & Security Solutions in a research note on Friday, January 9th. Finally, Citizens Jmp lifted their target price 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. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.83.

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.