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Kratos Defense & Security Solutions (NASDAQ:KTOS) CEO Eric M. Demarco acquired 10,000 shares of Kratos Defense & Security Solutions stock on the open market in a transaction that occurred on Monday, May 5th. The stock was purchased at an average price of $7.29 per share, for a total transaction of $72,900.00. Following the completion of the transaction, the chief executive officer now directly owns 349,651 shares in the company, valued at approximately $2,548,956. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to an “underperform” rating in a research note on Friday. They now have a $7.00 price target on the stock. Separately, analysts at Jefferies Group cut their price target on shares of Kratos Defense & Security Solutions from $9.00 to $8.00 in a research note on Wednesday, March 12th.

Kratos Defense & Security Solutions (NASDAQ:KTOS) traded up 2.90% during mid-day trading on Tuesday, hitting $7.46. The stock had a trading volume of 264,475 shares. Kratos Defense & Security Solutions has a 1-year low of $4.96 and a 1-year high of $9.18. The stock’s 50-day moving average is $7.3 and its 200-day moving average is $7.5. The company’s market cap is $428.4 million.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Wednesday, April 30th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.15. The company had revenue of $200.10 million for the quarter, compared to the consensus estimate of $216.88 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. On average, analysts predict that Kratos Defense & Security Solutions will post $0.19 earnings per share for the current fiscal year.

Kratos Defense & Security Solutions, Inc is a United States-based company, which provides war fighter solutions and security related services.

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