Bobbi Doorenbos Sells 2,500 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Director Bobbi Doorenbos sold 2,500 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $57.29, for a total transaction of $143,225.00. Following the transaction, the director directly owned 12,500 shares of the company’s stock, valued at approximately $716,125. This trade represents a 16.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Kratos Defense & Security Solutions Trading Up 13.8%

KTOS stock traded up $7.89 during mid-day trading on Thursday, hitting $65.19. 11,302,738 shares of the company were exchanged, compared to its average volume of 4,108,288. The company has a quick ratio of 5.08, a current ratio of 5.63 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $12.22 billion, a P/E ratio of 383.47 and a beta of 1.06. The business has a fifty day simple moving average of $66.49 and a 200-day simple moving average of $81.17. Kratos Defense & Security Solutions, Inc. has a 12-month low of $35.88 and a 12-month high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. The company had revenue of $371.00 million during the quarter, compared to analyst estimates of $345.00 million. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. Kratos Defense & Security Solutions’s revenue was up 22.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.12 earnings per share. On average, equities research analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. UBS Group reaffirmed a “neutral” rating and issued a $82.00 target price on shares of Kratos Defense & Security Solutions in a research report on Thursday, May 7th. Canaccord Genuity Group lifted their target price on Kratos Defense & Security Solutions from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, April 21st. BTIG Research dropped their target price on Kratos Defense & Security Solutions from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada dropped their target price on Kratos Defense & Security Solutions from $100.00 to $80.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned 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 a consensus price target of $96.28.

Institutional Trading of Kratos Defense & Security Solutions

Several hedge funds have recently added to or reduced their stakes in KTOS. Royal Bank of Canada raised its holdings in Kratos Defense & Security Solutions by 22.6% in the first quarter. Royal Bank of Canada now owns 190,481 shares of the aerospace company’s stock valued at $5,655,000 after acquiring an additional 35,098 shares in the last quarter. Amundi acquired a new stake in Kratos Defense & Security Solutions in the first quarter valued at approximately $791,000. NewEdge Advisors LLC raised its holdings in Kratos Defense & Security Solutions by 64.4% in the first quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock valued at $39,000 after acquiring an additional 515 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Kratos Defense & Security Solutions by 178.0% in the first quarter. Jones Financial Companies Lllp now owns 3,570 shares of the aerospace company’s stock valued at $108,000 after acquiring an additional 2,286 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Kratos Defense & Security Solutions by 11.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,614 shares of the aerospace company’s stock valued at $11,686,000 after acquiring an additional 41,265 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Key Stories Impacting Kratos Defense & Security Solutions

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

• Positive Sentiment: KTOS was mentioned alongside other U.S. drone stocks that surged after reports of Pentagon-backed funding talks, which could signal stronger strategic and financial support for the domestic drone industry. Drone Stocks Jump As Trump Administration Pursues Funding Deals
• Positive Sentiment: Unusually heavy call option buying in Kratos suggests traders are positioning for more upside, reinforcing bullish sentiment around the stock.
• Positive Sentiment: News flow around the government potentially investing in drone manufacturers is drawing speculative interest into defense-drone names like KTOS. Trump Invested in Intel And it Soared 500%. Here’s the Next Industry the Government is Buying.
• Neutral Sentiment: Multiple insiders sold shares on May 26, including director Bobbi Doorenbos, Steven S. Fendley, and Jonah Adelman. While insider selling can weigh on sentiment, one sale was made under a pre-arranged 10b5-1 plan, and the transactions may be less meaningful than the broader industry catalyst.
• Neutral Sentiment: Short interest data showed no meaningful change in the reported figure, so it does not appear to be a major driver of the stock today.

Kratos Defense & Security Solutions Company 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.