Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Insider Thomas E. Iv Mills Sells 8,637 Shares

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Thomas E. Iv Mills sold 8,637 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $27.14, for a total transaction of $234,408.18. Following the completion of the transaction, the insider now owns 12,215 shares in the company, valued at approximately $331,515.10. The trade was a 41.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock opened at $25.99 on Friday. The company has a 50 day moving average price of $30.01 and a 200-day moving average price of $25.99. Kratos Defense & Security Solutions, Inc. has a 52 week low of $16.78 and a 52 week high of $35.66. The firm has a market capitalization of $3.94 billion, a PE ratio of 259.93 and a beta of 1.10. The company has a quick ratio of 2.61, a current ratio of 3.22 and a debt-to-equity ratio of 0.13.

Institutional Trading of Kratos Defense & Security Solutions

Hedge funds and other institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC boosted 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 worth $25,000 after acquiring an additional 920 shares during the last quarter. Jones Financial Companies Lllp boosted 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 worth $34,000 after acquiring an additional 610 shares during the last quarter. Hemington Wealth Management boosted its position in shares of Kratos Defense & Security Solutions by 86.6% during the fourth quarter. Hemington Wealth Management now owns 1,360 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 631 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of Kratos Defense & Security Solutions during the third quarter worth $39,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Kratos Defense & Security Solutions during the third quarter worth $53,000. 75.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on KTOS shares. Robert W. Baird boosted their target price on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 14th. B. Riley raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $26.00 to $35.00 in a research report on Monday, January 13th. 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. Jefferies Financial Group upped their price target on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a “hold” rating in a research note on Friday, December 13th. Finally, JMP Securities upped their price target on shares of Kratos Defense & Security Solutions from $30.00 to $40.00 and gave the company a “market outperform” rating in a research note on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.67.

About Kratos Defense & Security Solutions

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.