Marie Mendoza Sells 1,500 Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) SVP Marie Mendoza sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $27.12, for a total transaction of $40,680.00. Following the sale, the senior vice president now directly owns 60,443 shares of the company’s stock, valued at $1,639,214.16. This trade represents a 2.42 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, January 15th, Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $33.30, for a total value of $49,950.00.
• On Monday, December 16th, Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock. The stock was sold at an average price of $27.96, for a total value of $41,940.00.

Kratos Defense & Security Solutions Trading Down 2.8 %

Shares of Kratos Defense & Security Solutions stock opened at $25.26 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61. The stock has a market capitalization of $3.83 billion, a PE ratio of 252.63 and a beta of 1.10. Kratos Defense & Security Solutions, Inc. has a 1-year low of $16.78 and a 1-year high of $35.66. The company’s fifty day simple moving average is $30.01 and its 200-day simple moving average is $25.99.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KTOS. StockNews.com raised Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. B. Riley raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $26.00 to $35.00 in a report on Monday, January 13th. JMP Securities raised their target price on shares of Kratos Defense & Security Solutions from $30.00 to $40.00 and gave the stock a “market outperform” rating in a report on Tuesday, February 4th. Truist Financial boosted their target price on shares of Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Finally, Robert W. Baird increased their price target on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a report on Tuesday, January 14th. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $30.67.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

A number of hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC raised its position in shares of Kratos Defense & Security Solutions by 582.3% during the third quarter. Farther Finance Advisors LLC now owns 1,078 shares of the aerospace company’s stock valued at $25,000 after buying an additional 920 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Kratos Defense & Security Solutions by 90.5% during the fourth quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 610 shares in the last quarter. Hemington Wealth Management increased its holdings in shares of Kratos Defense & Security Solutions by 86.6% in the fourth quarter. Hemington Wealth Management now owns 1,360 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 631 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the third quarter worth about $39,000. Finally, Meeder Asset Management Inc. bought a new position in Kratos Defense & Security Solutions during the third quarter valued at approximately $53,000. Institutional investors own 75.92% of the company’s stock.

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.