9,846 Shares in Kratos Defense & Security Solutions, Inc. $KTOS Purchased by Advisors Asset Management Inc.

Advisors Asset Management Inc. bought a new position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 9,846 shares of the aerospace company’s stock, valued at approximately $292,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in Kratos Defense & Security Solutions in the first quarter valued at approximately $594,000. Corebridge Financial Inc. grew its holdings in Kratos Defense & Security Solutions by 5.2% in the first quarter. Corebridge Financial Inc. now owns 77,422 shares of the aerospace company’s stock valued at $2,299,000 after purchasing an additional 3,860 shares during the period. New York State Teachers Retirement System acquired a new stake in Kratos Defense & Security Solutions in the first quarter valued at approximately $1,407,000. Oregon Public Employees Retirement Fund acquired a new stake in Kratos Defense & Security Solutions in the first quarter valued at approximately $1,039,000. Finally, Bank of New York Mellon Corp grew its holdings in Kratos Defense & Security Solutions by 2.0% in the first quarter. Bank of New York Mellon Corp now owns 1,221,860 shares of the aerospace company’s stock valued at $36,277,000 after purchasing an additional 24,455 shares during the period. 75.92% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Stacey G. Rock sold 4,000 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $55.51, for a total value of $222,040.00. Following the completion of the transaction, the insider directly owned 42,154 shares in the company, valued at approximately $2,339,968.54. This represents a 8.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, June 30th. The shares were sold at an average price of $46.06, for a total value of $322,420.00. Following the completion of the sale, the insider owned 360,475 shares in the company, valued at $16,603,478.50. This represents a 1.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 68,177 shares of company stock valued at $3,876,673 in the last 90 days. 2.37% of the stock is owned by insiders.

Kratos Defense & Security Solutions Stock Performance

Shares of Kratos Defense & Security Solutions stock opened at $67.67 on Friday. Kratos Defense & Security Solutions, Inc. has a one year low of $21.40 and a one year high of $72.70. The company has a market cap of $11.42 billion, a price-to-earnings ratio of 676.77 and a beta of 1.05. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The business’s 50 day moving average price is $60.57 and its 200 day moving average price is $43.51.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The firm had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. During the same quarter last year, the business posted $0.14 earnings per share. The firm’s revenue was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Stifel Nicolaus increased their target price on Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a “buy” rating in a report on Monday, July 21st. JMP Securities set a $70.00 target price on Kratos Defense & Security Solutions and gave the company a “market outperform” rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada raised their target price on Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Raymond James Financial restated a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. Finally, B. Riley restated a “buy” rating and issued a $72.00 target price (up previously from $55.00) on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $57.64.

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.