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 business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $33.30, for a total transaction of $49,950.00. Following the transaction, the senior vice president now directly owns 61,782 shares in the company, valued at approximately $2,057,340.60. The trade was a 2.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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 transaction 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 transaction of $22,568.52.

Kratos Defense & Security Solutions Stock Up 0.0 %

Shares of NASDAQ:KTOS opened at $33.62 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 firm has a market capitalization of $5.08 billion, a PE ratio of 336.23 and a beta of 1.07. The firm’s 50-day moving average is $27.49 and its two-hundred day moving average is $24.27. Kratos Defense & Security Solutions, Inc. has a 1 year low of $16.71 and a 1 year high of $34.83.

Institutional Trading of Kratos Defense & Security Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Contravisory Investment Management Inc. increased its stake in shares of Kratos Defense & Security Solutions by 68.7% during the third quarter. Contravisory Investment Management Inc. now owns 1,090 shares of the aerospace company’s stock worth $25,000 after buying an additional 444 shares during the period. Wealth Quarterback LLC increased its stake in shares of Kratos Defense & Security Solutions by 3.9% during the third quarter. Wealth Quarterback LLC now owns 13,998 shares of the aerospace company’s stock worth $326,000 after buying an additional 528 shares during the period. ORG Partners LLC increased its stake in shares of Kratos Defense & Security Solutions by 1.9% during the fourth quarter. ORG Partners LLC now owns 32,975 shares of the aerospace company’s stock worth $870,000 after buying an additional 621 shares during the period. Farther Finance Advisors LLC increased its stake 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 worth $25,000 after buying an additional 920 shares during the period. Finally, KBC Group NV increased its stake in shares of Kratos Defense & Security Solutions by 23.7% during the third quarter. KBC Group NV now owns 5,087 shares of the aerospace company’s stock worth $119,000 after buying an additional 976 shares during the period. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KTOS has been the topic of several recent research reports. Truist Financial boosted their price target on shares of Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. StockNews.com raised shares of Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. JMP Securities upped their target price on shares of Kratos Defense & Security Solutions from $27.00 to $30.00 and gave the company a “market outperform” rating in a research report on Monday, November 11th. Robert W. Baird upped their target price on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday, January 14th. Finally, Jefferies Financial Group upped their target price on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, December 13th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $28.30.

Kratos Defense & Security Solutions Company Profile

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.