Kratos Defense & Security Solutions, Inc. $KTOS Shares Sold by Profit Investment Management LLC

Profit Investment Management LLC decreased its stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 6.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 109,838 shares of the aerospace company's stock after selling 6,984 shares during the quarter. Kratos Defense & Security Solutions accounts for about 4.6% of Profit Investment Management LLC's investment portfolio, making the stock its largest holding. Profit Investment Management LLC owned 0.07% of Kratos Defense & Security Solutions worth $5,102,000 as of its most recent filing with the Securities & Exchange Commission.

• Kratos Keeps Climbing After Q2, But Valuation Risk Looms

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Farther Finance Advisors LLC boosted its position in shares of Kratos Defense & Security Solutions by 129.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company's stock valued at $41,000 after purchasing an additional 503 shares during the period. Silver Oak Securities Incorporated purchased a new stake in Kratos Defense & Security Solutions in the 2nd quarter worth about $460,000. Global Financial Private Client LLC lifted its stake in Kratos Defense & Security Solutions by 1.7% in the 2nd quarter. Global Financial Private Client LLC now owns 27,688 shares of the aerospace company's stock worth $1,286,000 after acquiring an additional 476 shares in the last quarter. Vista Investment Partners LLC purchased a new stake in Kratos Defense & Security Solutions in the 2nd quarter worth about $276,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Kratos Defense & Security Solutions by 11.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 22,336 shares of the aerospace company's stock worth $998,000 after acquiring an additional 2,326 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company's stock.

Insider Activity at Kratos Defense & Security Solutions

In other news, insider David M. Carter sold 4,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $68.70, for a total transaction of $274,800.00. Following the sale, the insider owned 97,809 shares of the company's stock, valued at approximately $6,719,478.30. This trade represents a 3.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Marie Mendoza sold 1,408 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $69.45, for a total value of $97,785.60. Following the sale, the senior vice president directly owned 61,943 shares in the company, valued at $4,301,941.35. The trade was a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 77,430 shares of company stock worth $4,745,162 in the last three months. Company insiders own 2.37% of the company's stock.

Analyst Ratings Changes

• Next-Gen Defense: 3 Stocks Riding the New Global Arms Race

KTOS has been the subject of several research analyst reports. Canaccord Genuity Group reissued a "buy" rating and issued a $74.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Tuesday, September 9th. JMP Securities set a $70.00 price objective on Kratos Defense & Security Solutions and gave the stock a "market outperform" rating in a research note on Tuesday, July 22nd. BTIG Research raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 price objective for the company in a research note on Thursday, August 14th. Truist Financial increased their price objective on Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Finally, Benchmark raised their price target on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Kratos Defense & Security Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $57.64.

Read Our Latest Research Report on Kratos Defense & Security Solutions

Kratos Defense & Security Solutions Stock Performance

• MarketBeat Week in Review – 07/21 - 07/25

KTOS opened at $80.77 on Friday. The firm has a market capitalization of $13.63 billion, a P/E ratio of 807.78 and a beta of 1.05. The stock's 50 day moving average price is $64.09 and its two-hundred day moving average price is $45.69. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12. Kratos Defense & Security Solutions, Inc. has a 12-month low of $22.64 and a 12-month high of $82.31.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last released its earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.02. The firm had revenue of $351.50 million for the quarter, compared to analyst estimates of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company's revenue was up 17.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Kratos Defense & Security Solutions Company 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.

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