Kratos Defense & Security Solutions (NASDAQ:KTOS) CFO Deanna Lund Sells 5,000 Shares of Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) CFO Deanna Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $91.28, for a total value of $456,400.00. Following the transaction, the chief financial officer directly owned 270,058 shares in the company, valued at approximately $24,650,894.24. The trade was a 1.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Kratos Defense & Security Solutions Price Performance

NASDAQ KTOS traded down $2.05 on Thursday, reaching $87.08. The company’s stock had a trading volume of 519,284 shares, compared to its average volume of 4,521,638. Kratos Defense & Security Solutions, Inc. has a twelve month low of $25.78 and a twelve month high of $134.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.46 and a current ratio of 4.06. The firm’s 50 day moving average is $98.63 and its two-hundred day moving average is $85.60. The stock has a market cap of $16.26 billion, a PE ratio of 669.90 and a beta of 1.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data 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. Kratos Defense & Security Solutions had a net margin of 1.63% and a return on equity of 3.34%. The company had revenue of $345.10 million for the quarter, compared to analysts’ expectations of $327.51 million. During the same quarter in the previous year, the company posted $0.13 EPS. The business’s revenue was up 21.9% compared to the same quarter last year. As a group, sell-side analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Greenleaf Trust boosted its position in Kratos Defense & Security Solutions by 2.7% during the 4th quarter. Greenleaf Trust now owns 3,830 shares of the aerospace company’s stock worth $291,000 after acquiring an additional 100 shares during the period. LVW Advisors LLC increased its holdings in shares of Kratos Defense & Security Solutions by 3.0% in the 4th quarter. LVW Advisors LLC now owns 3,665 shares of the aerospace company’s stock valued at $278,000 after purchasing an additional 107 shares during the period. CENTRAL TRUST Co lifted its position in shares of Kratos Defense & Security Solutions by 7.3% in the fourth quarter. CENTRAL TRUST Co now owns 1,698 shares of the aerospace company’s stock worth $129,000 after purchasing an additional 115 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Kratos Defense & Security Solutions by 2.1% during the fourth quarter. Quadrant Capital Group LLC now owns 5,918 shares of the aerospace company’s stock worth $449,000 after purchasing an additional 122 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Kratos Defense & Security Solutions by 6.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,945 shares of the aerospace company’s stock worth $148,000 after purchasing an additional 125 shares during the period. 75.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KTOS has been the subject of a number of recent research reports. BTIG Research increased their price objective on Kratos Defense & Security Solutions from $95.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Canaccord Genuity Group upped their target price on Kratos Defense & Security Solutions from $120.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. B. Riley Financial increased their price target on Kratos Defense & Security Solutions from $105.00 to $128.00 and gave the company a “buy” rating in a research report on Friday, January 9th. UBS Group initiated coverage on Kratos Defense & Security Solutions in a research note on Wednesday, February 18th. They issued a “neutral” rating and a $79.00 price target on the stock. Finally, BNP Paribas Exane set a $80.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $98.28.

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.