Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) CEO Eric M. Demarco purchased 8,905 shares of the business’s stock in a transaction on Monday, August 7th. The stock was acquired at an average price of $11.19 per share, with a total value of $99,646.95. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Eric M. Demarco also recently made the following trade(s):

  • On Tuesday, May 30th, Eric M. Demarco purchased 10,000 shares of Kratos Defense & Security Solutions stock. The stock was acquired at an average price of $10.57 per share, with a total value of $105,700.00.

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ KTOS) traded up 2.1042% during midday trading on Tuesday, reaching $11.4663. The company’s stock had a trading volume of 266,955 shares. The firm’s market capitalization is $997.83 million. Kratos Defense & Security Solutions, Inc. has a 12-month low of $4.95 and a 12-month high of $12.91. The stock has a 50-day moving average of $11.77 and a 200 day moving average of $9.36.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Thursday, July 27th. The aerospace company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The business had revenue of $185.70 million during the quarter, compared to the consensus estimate of $172.78 million. Kratos Defense & Security Solutions had a negative net margin of 6.29% and a negative return on equity of 1.40%. The company’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.01 earnings per share. Equities research analysts predict that Kratos Defense & Security Solutions, Inc. will post $0.10 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently modified their holdings of KTOS. SG Capital Management LLC purchased a new position in shares of Kratos Defense & Security Solutions during the second quarter worth $15,458,000. Emerald Advisers Inc. PA increased its position in Kratos Defense & Security Solutions by 51.8% in the first quarter. Emerald Advisers Inc. PA now owns 2,059,710 shares of the aerospace company’s stock valued at $16,025,000 after buying an additional 702,505 shares during the period. State Street Corp increased its position in Kratos Defense & Security Solutions by 48.7% in the first quarter. State Street Corp now owns 2,109,740 shares of the aerospace company’s stock valued at $16,414,000 after buying an additional 691,425 shares during the period. Emerald Mutual Fund Advisers Trust increased its position in Kratos Defense & Security Solutions by 61.6% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 1,628,657 shares of the aerospace company’s stock valued at $12,671,000 after buying an additional 620,554 shares during the period. Finally, Vanguard Group Inc. increased its position in Kratos Defense & Security Solutions by 24.0% in the first quarter. Vanguard Group Inc. now owns 2,760,941 shares of the aerospace company’s stock valued at $21,480,000 after buying an additional 534,190 shares during the period. Institutional investors and hedge funds own 74.57% of the company’s stock.

A number of equities research analysts have issued reports on KTOS shares. Canaccord Genuity reiterated a “buy” rating and issued a $14.00 price target on shares of Kratos Defense & Security Solutions in a research note on Thursday, July 6th. Zacks Investment Research lowered Kratos Defense & Security Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. Jefferies Group LLC reiterated a “hold” rating and issued a $9.25 price target on shares of Kratos Defense & Security Solutions in a research note on Friday, July 14th. Noble Financial reiterated a “buy” rating on shares of Kratos Defense & Security Solutions in a research note on Saturday, May 6th. Finally, B. Riley reiterated a “buy” rating and issued a $11.00 price target on shares of Kratos Defense & Security Solutions in a research note on Tuesday, May 2nd. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $12.46.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc is a technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security. The Kratos Government Solutions segment includes the operations of Defense Rocket Support Services, Microwave Electronics Division, Technical and Training Solutions, and Modular Systems, which provide technology-based defense solutions, involving products and services, with the focus relating to the nation’s Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance requirements.

Insider Buying and Selling by Quarter for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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