Marie Mendoza Sells 1,500 Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) SVP Marie Mendoza sold 1,500 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $27.12, for a total transaction of $40,680.00. Following the completion of the sale, the senior vice president now owns 60,443 shares in the company, valued at approximately $1,639,214.16. This trade represents a 2.42 % 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 link.

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

• On Wednesday, January 15th, Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $33.30, for a total transaction of $49,950.00.
• On Monday, December 16th, Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock. The stock was sold at an average price of $27.96, for a total value of $41,940.00.

Kratos Defense & Security Solutions Trading Down 2.8 %

Shares of KTOS opened at $25.26 on Friday. The firm has a market capitalization of $3.83 billion, a price-to-earnings ratio of 252.63 and a beta of 1.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61. Kratos Defense & Security Solutions, Inc. has a 1-year low of $16.78 and a 1-year high of $35.66. The company has a 50-day moving average of $30.01 and a 200 day moving average of $25.99.

Institutional Trading of Kratos Defense & Security Solutions

Institutional investors and hedge funds have recently modified their holdings of the stock. Summit Investment Advisors Inc. grew its stake in Kratos Defense & Security Solutions by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,479 shares of the aerospace company’s stock worth $408,000 after purchasing an additional 490 shares in the last quarter. MRP Capital Investments LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 28.6% in the 4th quarter. MRP Capital Investments LLC now owns 2,250 shares of the aerospace company’s stock worth $59,000 after buying an additional 500 shares during the period. Wealth Quarterback LLC grew its position in shares of Kratos Defense & Security Solutions by 3.9% during the 3rd quarter. Wealth Quarterback LLC now owns 13,998 shares of the aerospace company’s stock worth $326,000 after buying an additional 528 shares in the last quarter. Arizona State Retirement System increased its stake in shares of Kratos Defense & Security Solutions by 1.4% during the fourth quarter. Arizona State Retirement System now owns 43,807 shares of the aerospace company’s stock valued at $1,156,000 after buying an additional 586 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of Kratos Defense & Security Solutions by 90.5% in the fourth quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company’s stock valued at $34,000 after acquiring an additional 610 shares in the last quarter. Institutional investors own 75.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. B. Riley upgraded Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $26.00 to $35.00 in a report on Monday, January 13th. Robert W. Baird lifted their price objective 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. JMP Securities boosted their price objective on shares of Kratos Defense & Security Solutions from $30.00 to $40.00 and gave the company a “market outperform” rating in a research report on Tuesday, February 4th. StockNews.com upgraded shares of Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Finally, Jefferies Financial Group lifted their price target on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $30.67.

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.