Capital Advisors Ltd. LLC Makes New $53,000 Investment in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Capital Advisors Ltd. LLC purchased a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,000 shares of the aerospace company’s stock, valued at approximately $53,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC lifted its stake in shares of Kratos Defense & Security Solutions by 6.1% during the 3rd quarter. FMR LLC now owns 4,032,888 shares of the aerospace company’s stock valued at $93,966,000 after buying an additional 233,051 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Kratos Defense & Security Solutions by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 3,556,544 shares of the aerospace company’s stock valued at $82,883,000 after buying an additional 29,278 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Kratos Defense & Security Solutions by 12.2% during the 3rd quarter. Franklin Resources Inc. now owns 2,798,859 shares of the aerospace company’s stock valued at $70,951,000 after buying an additional 304,088 shares in the last quarter. American Capital Management Inc. lifted its stake in shares of Kratos Defense & Security Solutions by 12.8% during the 3rd quarter. American Capital Management Inc. now owns 2,694,948 shares of the aerospace company’s stock valued at $62,792,000 after buying an additional 305,925 shares in the last quarter. Finally, Portolan Capital Management LLC lifted its stake in shares of Kratos Defense & Security Solutions by 9.0% during the 3rd quarter. Portolan Capital Management LLC now owns 1,776,740 shares of the aerospace company’s stock valued at $41,398,000 after buying an additional 146,319 shares in the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Stock Performance

Shares of NASDAQ:KTOS opened at $24.39 on Tuesday. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 243.92 and a beta of 1.10. Kratos Defense & Security Solutions, Inc. has a 12 month low of $16.78 and a 12 month high of $35.66. The firm’s 50-day moving average is $29.90 and its 200 day moving average is $26.14. The company has a current ratio of 3.22, a quick ratio of 2.61 and a debt-to-equity ratio of 0.13.

Wall Street Analyst Weigh In

Several analysts have commented on KTOS shares. B. Riley upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $26.00 to $35.00 in a research note on Monday, January 13th. StockNews.com upgraded shares of Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. Truist Financial upped their target price 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. JMP Securities restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 4th. Finally, 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. Four 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.67.

Insider Activity at Kratos Defense & Security Solutions

In related news, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $25.98, for a total transaction of $181,860.00. Following the transaction, the insider now directly owns 342,407 shares in the company, valued at approximately $8,895,733.86. This represents a 2.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Deanna H. Lund sold 6,000 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $26.73, for a total transaction of $160,380.00. Following the transaction, the chief financial officer now owns 267,708 shares in the company, valued at $7,155,834.84. The trade was a 2.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 92,181 shares of company stock worth $2,665,856. Insiders own 2.27% of the company’s stock.

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.