Rothschild Investment LLC Raises Stock Holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Rothschild Investment LLC boosted its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 370.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,585 shares of the aerospace company’s stock after purchasing an additional 2,035 shares during the period. Rothschild Investment LLC’s holdings in Kratos Defense & Security Solutions were worth $68,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its holdings in Kratos Defense & Security Solutions by 582.3% in the third quarter. Farther Finance Advisors LLC now owns 1,078 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 920 shares during the last quarter. Hemington Wealth Management boosted its holdings in 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 valued at $35,000 after purchasing an additional 631 shares during the last quarter. Truvestments Capital LLC purchased a new position in Kratos Defense & Security Solutions in the third quarter valued at about $39,000. Meeder Asset Management Inc. purchased a new position in Kratos Defense & Security Solutions in the third quarter valued at about $53,000. Finally, Capital Advisors Ltd. LLC purchased a new position in Kratos Defense & Security Solutions in the fourth quarter valued at about $53,000. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Insider Transactions at Kratos Defense & Security Solutions

In related news, insider David M. Carter sold 4,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $26.49, for a total value of $105,960.00. Following the completion of the transaction, the insider now directly owns 103,430 shares of the company’s stock, valued at $2,739,860.70. This represents a 3.72 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP De Burgreen Maria Cervantes sold 19,528 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $30.00, for a total value of $585,840.00. Following the completion of the transaction, the vice president now directly owns 51,121 shares of the company’s stock, valued at $1,533,630. This trade represents a 27.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 99,181 shares of company stock worth $2,837,986. 2.27% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

KTOS has been the topic of several research reports. Robert W. Baird upped their price objective on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a research note on Tuesday, January 14th. B. Riley upgraded Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and upped their price objective for the company from $26.00 to $35.00 in a research note on Monday, January 13th. Truist Financial upped their price objective on 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. JMP Securities restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 4th. Finally, StockNews.com upgraded Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Four investment 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $30.67.

Kratos Defense & Security Solutions Stock Down 0.6 %

Shares of Kratos Defense & Security Solutions stock opened at $24.96 on Thursday. The company has a current ratio of 3.22, a quick ratio of 2.61 and a debt-to-equity ratio of 0.13. The business’s 50 day simple moving average is $29.86 and its 200-day simple moving average is $26.17. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of 249.62 and a beta of 1.10. Kratos Defense & Security Solutions, Inc. has a twelve month low of $16.78 and a twelve month high of $35.66.

Kratos Defense & Security Solutions 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.