Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Shares Purchased by Signaturefd LLC

Signaturefd LLC grew its position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 10.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,457 shares of the aerospace company’s stock after acquiring an additional 899 shares during the quarter. Signaturefd LLC’s holdings in Kratos Defense & Security Solutions were worth $249,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Jones Financial Companies Lllp boosted its stake in Kratos Defense & Security Solutions by 90.5% during the 4th 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 during the period. 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 buying an additional 631 shares during the period. Truvestments Capital LLC bought a new position in Kratos Defense & Security Solutions in the 3rd quarter worth approximately $39,000. Capital Advisors Ltd. LLC acquired a new stake in Kratos Defense & Security Solutions in the 4th quarter valued at approximately $53,000. Finally, SBI Securities Co. Ltd. bought a new stake in Kratos Defense & Security Solutions during the 4th quarter valued at $55,000. Institutional investors and hedge funds own 75.92% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on KTOS. StockNews.com cut Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, March 8th. Jefferies Financial Group raised 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 note on Friday, December 13th. Robert W. Baird upped their price target on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 14th. Truist Financial raised their price objective 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, Royal Bank of Canada cut their target price on Kratos Defense & Security Solutions from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $32.67.

Insider Buying and Selling

In related news, VP De Burgreen Maria Cervantes sold 19,528 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The shares were 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 owns 51,121 shares of the company’s stock, valued at approximately $1,533,630. This trade represents a 27.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction on Monday, December 30th. The shares were sold at an average price of $25.98, for a total value of $181,860.00. Following the completion of the sale, the insider now owns 342,407 shares of the company’s stock, valued at $8,895,733.86. The trade was a 2.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,196 shares of company stock valued at $3,144,160. 2.27% of the stock is owned by corporate insiders.

Kratos Defense & Security Solutions Stock Performance

Shares of NASDAQ KTOS opened at $30.81 on Friday. The stock’s fifty day simple moving average is $30.45 and its 200 day simple moving average is $27.02. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of 308.13 and a beta of 1.12. The company has a quick ratio of 2.61, a current ratio of 3.22 and a debt-to-equity ratio of 0.13. Kratos Defense & Security Solutions, Inc. has a 52-week low of $17.05 and a 52-week high of $35.66.

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.