Marie Mendoza Sells 884 Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) SVP Marie Mendoza sold 884 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $25.53, for a total transaction of $22,568.52. Following the transaction, the senior vice president now directly owns 57,038 shares in the company, valued at $1,456,180.14. The trade was a 1.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, October 15th, Marie Mendoza sold 1,355 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $24.96, for a total transaction of $33,820.80.
• On Tuesday, October 1st, Marie Mendoza sold 2,423 shares of Kratos Defense & Security Solutions stock. The stock was sold at an average price of $25.00, for a total transaction of $60,575.00.
• On Monday, September 16th, Marie Mendoza sold 1,355 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $22.12, for a total value of $29,972.60.

Kratos Defense & Security Solutions Stock Down 3.4 %

KTOS stock opened at $24.42 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 company has a 50-day moving average of $24.07 and a two-hundred day moving average of $21.97. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 244.22 and a beta of 1.02. Kratos Defense & Security Solutions, Inc. has a 52-week low of $16.71 and a 52-week high of $28.62.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on KTOS shares. JMP Securities raised their price target on Kratos Defense & Security Solutions from $27.00 to $30.00 and gave the stock a “market outperform” rating in a research note on Monday, November 11th. Robert W. Baird lifted their target price on shares of Kratos Defense & Security Solutions from $22.00 to $35.00 and gave the company an “outperform” rating in a research note on Monday, September 23rd. Benchmark reissued a “buy” rating and issued a $25.00 target price on shares of Kratos Defense & Security Solutions in a research report on Friday, September 13th. B. Riley downgraded shares of Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and raised their price target for the company from $24.00 to $26.00 in a report on Wednesday, October 30th. Finally, StockNews.com lowered shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Kratos Defense & Security Solutions has a consensus rating of “Moderate Buy” and an average price target of $25.40.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Sei Investments Co. increased its stake in Kratos Defense & Security Solutions by 113.1% during the first quarter. Sei Investments Co. now owns 311,594 shares of the aerospace company’s stock valued at $5,727,000 after acquiring an additional 165,356 shares during the period. Comerica Bank increased its holdings in Kratos Defense & Security Solutions by 627.9% in the 1st quarter. Comerica Bank now owns 49,636 shares of the aerospace company’s stock valued at $912,000 after buying an additional 42,817 shares during the period. Swiss National Bank lifted its holdings in shares of Kratos Defense & Security Solutions by 13.2% during the 1st quarter. Swiss National Bank now owns 287,600 shares of the aerospace company’s stock worth $5,286,000 after acquiring an additional 33,500 shares during the period. Vanguard Group Inc. boosted its position in shares of Kratos Defense & Security Solutions by 14.9% during the 1st quarter. Vanguard Group Inc. now owns 13,972,406 shares of the aerospace company’s stock valued at $256,813,000 after acquiring an additional 1,807,580 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in Kratos Defense & Security Solutions by 272.8% in the second quarter. Assenagon Asset Management S.A. now owns 432,526 shares of the aerospace company’s stock valued at $8,655,000 after acquiring an additional 316,500 shares during the period. 75.92% of the stock is owned by institutional investors.

About Kratos Defense & Security Solutions

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.