Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) SVP Sells $49,950.00 in Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) SVP Marie Mendoza sold 1,500 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $33.30, for a total transaction of $49,950.00. Following the sale, the senior vice president now owns 61,782 shares in the company, valued at $2,057,340.60. The trade was a 2.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Marie Mendoza also recently made the following trade(s):

• On Monday, December 16th, Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $27.96, for a total value of $41,940.00.
• On Friday, November 15th, Marie Mendoza sold 884 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $25.53, for a total value of $22,568.52.

Kratos Defense & Security Solutions Stock Performance

KTOS stock traded up $0.01 during mid-day trading on Friday, hitting $33.62. The company had a trading volume of 4,947,476 shares, compared to its average volume of 2,648,995. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.61 and a current ratio of 3.22. The firm has a market cap of $5.08 billion, a PE ratio of 336.23 and a beta of 1.07. Kratos Defense & Security Solutions, Inc. has a 12 month low of $16.71 and a 12 month high of $34.83. The stock’s fifty day moving average price is $27.33 and its two-hundred day moving average price is $24.15.

Analyst Ratings Changes

Several research analysts have commented on the company. B. Riley raised Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $26.00 to $35.00 in a report on Monday. Jefferies Financial Group lifted their target price on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. Robert W. Baird upped their target price on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday. StockNews.com upgraded shares of Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, JMP Securities increased their price objective on shares of Kratos Defense & Security Solutions from $27.00 to $30.00 and gave the stock a “market outperform” rating in a research report on Monday, November 11th. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $28.30.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KTOS. Lord Abbett & CO. LLC grew its stake in Kratos Defense & Security Solutions by 15.0% in the 3rd quarter. Lord Abbett & CO. LLC now owns 665,285 shares of the aerospace company’s stock valued at $15,501,000 after buying an additional 86,567 shares in the last quarter. MRA Advisory Group purchased a new stake in Kratos Defense & Security Solutions during the 4th quarter worth about $448,000. Geode Capital Management LLC grew its holdings in Kratos Defense & Security Solutions by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 3,556,544 shares of the aerospace company’s stock valued at $82,883,000 after buying an additional 29,278 shares in the last quarter. Barclays PLC lifted its holdings in shares of Kratos Defense & Security Solutions by 239.5% in the third quarter. Barclays PLC now owns 273,100 shares of the aerospace company’s stock worth $6,363,000 after buying an additional 192,667 shares in the last quarter. Finally, L & S Advisors Inc bought a new position in shares of Kratos Defense & Security Solutions in the third quarter valued at approximately $1,220,000. 75.92% of the stock is currently owned by institutional investors.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter.