B. Riley upgraded shares of Kratos Defense & Security Solutions (NASDAQ:KTOS – Free Report) from a neutral rating to a buy rating in a report released on Monday, Marketbeat.com reports. They currently have $35.00 target price on the aerospace company’s stock, up from their prior target price of $26.00. B. Riley also issued estimates for Kratos Defense & Security Solutions’ FY2026 earnings at $0.74 EPS.
Several other equities analysts have also recently issued reports on the company. Robert W. Baird lifted their price objective on Kratos Defense & Security Solutions from $22.00 to $35.00 and gave the stock an “outperform” rating in a report on Monday, September 23rd. Jefferies Financial Group lifted their price objective on Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, December 13th. StockNews.com raised Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. JMP Securities boosted their price target on Kratos Defense & Security Solutions from $27.00 to $30.00 and gave the stock a “market outperform” rating in a report on Monday, November 11th. Finally, Truist Financial reissued a “buy” rating and issued a $27.00 price target (up from $25.00) on shares of Kratos Defense & Security Solutions in a report on Thursday, September 26th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $28.30.
View Our Latest Research Report on KTOS
Kratos Defense & Security Solutions Stock Performance
Insider Activity
In other Kratos Defense & Security Solutions news, VP De Burgreen Maria Cervantes sold 19,528 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $30.00, for a total transaction of $585,840.00. Following the completion of the sale, the vice president now owns 51,121 shares of the company’s stock, valued at approximately $1,533,630. The trade was a 27.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Marie Mendoza sold 1,500 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $27.96, for a total value of $41,940.00. Following the sale, the senior vice president now directly owns 55,631 shares of the company’s stock, valued at approximately $1,555,442.76. This trade represents a 2.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 96,928 shares of company stock valued at $2,611,696 over the last quarter. Company insiders own 2.27% of the company’s stock.
Institutional Investors Weigh In On Kratos Defense & Security Solutions
Institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its position in 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 valued at $25,000 after acquiring an additional 920 shares during the period. Contravisory Investment Management Inc. boosted its position in shares of Kratos Defense & Security Solutions by 68.7% in the third quarter. Contravisory Investment Management Inc. now owns 1,090 shares of the aerospace company’s stock worth $25,000 after buying an additional 444 shares during the period. Truvestments Capital LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the third quarter worth about $39,000. Point72 Hong Kong Ltd purchased a new stake in shares of Kratos Defense & Security Solutions in the second quarter worth about $36,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Kratos Defense & Security Solutions in the third quarter worth about $53,000. Hedge funds and other institutional investors own 75.92% of the company’s stock.
Kratos Defense & Security Solutions Company Profile
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.
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