Key Points
- Insider sale: Steven Fendley sold 7,000 Kratos (KTOS) shares on April 27 at an average price of $61.64 for $431,480 under a pre‑arranged Rule 10b5‑1 plan, reducing his ownership by 1.96% to 351,039 shares (≈$21.64M).
- Kratos beat the latest quarter's estimates (EPS $0.18 vs. $0.14) with revenue up 21.9% year‑over‑year; analysts have a consensus Moderate Buy rating with a $98.28 price target and institutions own roughly 75.9% of the stock.
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) insider Stacey Rock sold 4,000 shares of the company's stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $61.03, for a total transaction of $244,120.00. Following the completion of the transaction, the insider owned 17,897 shares in the company, valued at approximately $1,092,253.91. This represents a 18.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kratos Defense & Security Solutions Stock Performance
Shares of KTOS stock opened at $59.56 on Thursday. The firm's 50 day moving average price is $79.38 and its 200-day moving average price is $85.31. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.46 and a current ratio of 4.06. Kratos Defense & Security Solutions, Inc. has a one year low of $32.85 and a one year high of $134.00. The firm has a market cap of $11.16 billion, a P/E ratio of 458.19 and a beta of 1.22.
Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The aerospace company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.14 by $0.04. Kratos Defense & Security Solutions had a net margin of 1.63% and a return on equity of 3.34%. The firm had revenue of $345.10 million for the quarter, compared to analyst estimates of $327.51 million. During the same period in the prior year, the business posted $0.13 EPS. The business's revenue for the quarter was up 21.9% compared to the same quarter last year. As a group, equities research analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.57 EPS for the current year.
Analysts Set New Price Targets
KTOS has been the topic of a number of research reports. Noble Financial reiterated an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, January 20th. Stifel Nicolaus increased their target price on shares of Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the stock a "buy" rating in a report on Tuesday, January 13th. The Goldman Sachs Group increased their target price on shares of Kratos Defense & Security Solutions from $93.00 to $125.00 and gave the stock a "buy" rating in a report on Tuesday, January 20th. UBS Group initiated coverage on shares of Kratos Defense & Security Solutions in a report on Wednesday, February 18th. They set a "neutral" rating and a $79.00 target price on the stock. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $115.00 target price on shares of Kratos Defense & Security Solutions in a report on Tuesday, February 24th. One 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, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $98.28.
Get Our Latest Stock Analysis on KTOS
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC grew its position in shares of Kratos Defense & Security Solutions by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 4,446,230 shares of the aerospace company's stock valued at $337,565,000 after buying an additional 148,622 shares during the last quarter. Morgan Stanley grew its position in shares of Kratos Defense & Security Solutions by 3.9% in the 4th quarter. Morgan Stanley now owns 3,311,095 shares of the aerospace company's stock valued at $251,345,000 after buying an additional 124,607 shares during the last quarter. First Trust Advisors LP grew its position in shares of Kratos Defense & Security Solutions by 29.5% in the 3rd quarter. First Trust Advisors LP now owns 3,068,863 shares of the aerospace company's stock valued at $280,402,000 after buying an additional 698,778 shares during the last quarter. Invesco Ltd. grew its position in shares of Kratos Defense & Security Solutions by 7.4% in the 3rd quarter. Invesco Ltd. now owns 3,046,194 shares of the aerospace company's stock valued at $278,331,000 after buying an additional 209,189 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Kratos Defense & Security Solutions by 1,389.0% in the 3rd quarter. Alliancebernstein L.P. now owns 2,707,776 shares of the aerospace company's stock valued at $247,409,000 after buying an additional 2,525,921 shares during the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.
About Kratos Defense & Security Solutions
(
Get Free Report)
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.
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