NewEdge Wealth LLC Trims Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

NewEdge Wealth LLC trimmed its holdings in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 44.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,816 shares of the aerospace company’s stock after selling 11,019 shares during the quarter. NewEdge Wealth LLC’s holdings in Kratos Defense & Security Solutions were worth $1,262,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Franklin Resources Inc. lifted its holdings in Kratos Defense & Security Solutions by 29.6% during the 2nd quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock valued at $236,268,000 after buying an additional 1,162,577 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Kratos Defense & Security Solutions by 8.3% during the second quarter. Geode Capital Management LLC now owns 3,949,763 shares of the aerospace company’s stock worth $183,490,000 after acquiring an additional 301,135 shares during the period. Invesco Ltd. raised its stake in shares of Kratos Defense & Security Solutions by 18.1% during the second quarter. Invesco Ltd. now owns 2,837,005 shares of the aerospace company’s stock valued at $131,779,000 after acquiring an additional 434,561 shares in the last quarter. Hood River Capital Management LLC boosted its holdings in shares of Kratos Defense & Security Solutions by 13.3% in the second quarter. Hood River Capital Management LLC now owns 2,755,446 shares of the aerospace company’s stock valued at $127,990,000 after purchasing an additional 324,140 shares during the period. Finally, First Trust Advisors LP grew its stake in Kratos Defense & Security Solutions by 29.1% in the second quarter. First Trust Advisors LP now owns 2,370,085 shares of the aerospace company’s stock worth $110,090,000 after purchasing an additional 533,912 shares in the last quarter. 75.92% of the stock is currently owned by institutional investors.

Kratos Defense & Security Solutions Stock Performance

KTOS stock opened at $96.08 on Monday. Kratos Defense & Security Solutions, Inc. has a one year low of $23.90 and a one year high of $134.00. The firm has a market cap of $16.37 billion, a price-to-earnings ratio of 739.13 and a beta of 1.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.68 and a current ratio of 4.30. The firm has a 50-day simple moving average of $96.38 and a two-hundred day simple moving average of $84.40.

Insider Buying and Selling

In related news, CFO Deanna H. Lund sold 5,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $96.87, for a total transaction of $484,350.00. Following the transaction, the chief financial officer directly owned 274,983 shares of the company’s stock, valued at $26,637,603.21. This represents a 1.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider David M. Carter sold 4,000 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $87.40, for a total value of $349,600.00. Following the completion of the sale, the insider directly owned 77,826 shares of the company’s stock, valued at approximately $6,801,992.40. This represents a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 911,907 shares of company stock valued at $74,908,183 over the last quarter. Insiders own 2.37% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on KTOS. BNP Paribas Exane set a $80.00 target price on Kratos Defense & Security Solutions in a research report on Tuesday, November 18th. Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, January 20th. Truist Financial set a $135.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Friday, January 9th. Stifel Nicolaus raised their target price on shares of Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Finally, B. Riley Financial boosted their price target 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. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.83.

Key Stories Impacting Kratos Defense & Security Solutions

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

• Positive Sentiment: Prometheus Energetics (a JV that includes Kratos) broke ground on a new solid rocket motor campus in Indiana—this expands Kratos’ propulsion/energetics capability and supports longer‑term revenue potential. Prometheus Energetics Breaks Ground
• Positive Sentiment: Kratos announced expanded roles in hypersonics, satellites and autonomy programs—operational wins in high‑priority defense segments that support multi‑year growth expectations. Kratos Expands Role In Hypersonics
• Positive Sentiment: Kratos won a contract to streamline hypersonic materials development—a technical contract that reinforces its addressable market in hypersonics. Hypersonic Materials Contract
• Neutral Sentiment: Reported short‑interest figures are effectively zero/ambiguous (likely a reporting/data quirk) and are unlikely to be a material driver of today’s move.
• Negative Sentiment: UBS initiated coverage with a “neutral” rating and a $79 price target—this published target sits well below recent trading levels and can directly weaken sentiment and trigger selling pressure. UBS Initiates Coverage
• Negative Sentiment: Two insiders disclosed sales (SVP Marie Mendoza sold 1,500 shares at ~$88.08; Phillip D. Carrai sold 6,500 shares at ~$90.91). While both still hold large positions, the filings read as near‑term profit taking and likely added to downward pressure. Insider Sale Filings Insider Sale Filings 2

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.