SG Americas Securities LLC Has $3.31 Million Position in Kratos Defense & Security Solutions, Inc. $KTOS

SG Americas Securities LLC decreased its position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 15.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,245 shares of the aerospace company’s stock after selling 6,502 shares during the period. SG Americas Securities LLC’s holdings in Kratos Defense & Security Solutions were worth $3,312,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. State of Alaska Department of Revenue increased its holdings in shares of Kratos Defense & Security Solutions by 15.8% during the second quarter. State of Alaska Department of Revenue now owns 98,033 shares of the aerospace company’s stock worth $4,552,000 after buying an additional 13,345 shares in the last quarter. ARK Investment Management LLC grew its position in Kratos Defense & Security Solutions by 22.2% during the 2nd quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock worth $209,382,000 after acquiring an additional 818,104 shares during the last quarter. Trivium Point Advisory LLC increased its holdings in Kratos Defense & Security Solutions by 25.0% in the 2nd quarter. Trivium Point Advisory LLC now owns 22,406 shares of the aerospace company’s stock worth $1,041,000 after purchasing an additional 4,483 shares in the last quarter. Alpha Wealth Funds LLC acquired a new position in Kratos Defense & Security Solutions in the 2nd quarter worth about $227,000. Finally, Empowered Funds LLC bought a new position in Kratos Defense & Security Solutions in the second quarter valued at about $4,999,000. 75.92% of the stock is owned by institutional investors.

Kratos Defense & Security Solutions News Roundup

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Analyst upgrade and higher price target — Citizens Jmp raised its price target from $105 to $125 and reiterated a “market outperform” rating, providing an analyst-driven catalyst that likely helped lift the stock. Analyst Price Target Raise
• Neutral Sentiment: Short-interest report shows effectively zero reported short interest for the most recent period — the data reads 0 shares and a 0.0 days-to-cover ratio, which is likely a reporting anomaly and not an actionable signal by itself. (No external link provided)
• Negative Sentiment: Insider selling by Stacey G. Rock — Multiple recent filings show Rock sold 16,568 shares on Jan 12 at an average ~$116.74 and 4,000 shares on Jan 8 at ~$105.37, materially reducing her holding (one filing notes a ~38% decrease in a position). Significant insider sales can be interpreted as a cautionary signal for some investors. SEC filing: SEC Filing. Coverage of the insider sales: Insider Sells $371,920 and Insider Sells $792,468

Wall Street Analyst Weigh In

Several analysts have recently weighed in on KTOS shares. Robert W. Baird boosted their price target on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a report on Friday, September 26th. BNP Paribas Exane initiated coverage on shares of Kratos Defense & Security Solutions in a research report on Tuesday, November 18th. They set a “neutral” rating and a $80.00 target price on the stock. Canaccord Genuity Group boosted their target price on shares of Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Stifel Nicolaus raised their price target on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Finally, Jones Trading started coverage on shares of Kratos Defense & Security Solutions in a report on Monday, January 5th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.72.

Kratos Defense & Security Solutions Stock Up 3.7%

Kratos Defense & Security Solutions stock opened at $117.86 on Tuesday. The firm has a market cap of $19.90 billion, a price-to-earnings ratio of 906.69 and a beta of 1.09. Kratos Defense & Security Solutions, Inc. has a 52-week low of $23.90 and a 52-week high of $119.63. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.68 and a current ratio of 4.30. The firm has a 50 day moving average price of $78.68 and a two-hundred day moving average price of $73.66.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. The company had revenue of $347.60 million during the quarter, compared to analysts’ expectations of $323.01 million. Kratos Defense & Security Solutions had a net margin of 1.56% and a return on equity of 3.14%. Kratos Defense & Security Solutions’s revenue for the quarter was up 26.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.11 earnings per share. Equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Insider Transactions at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Jonah Adelman sold 30,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $74.80, for a total value of $2,244,000.00. Following the completion of the sale, the insider directly owned 9,348 shares in the company, valued at approximately $699,230.40. The trade was a 76.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Deanna H. Lund sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $74.08, for a total value of $2,222,400.00. Following the completion of the transaction, the chief financial officer directly owned 273,285 shares in the company, valued at approximately $20,244,952.80. This trade represents a 9.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 906,079 shares of company stock worth $73,343,943. Corporate insiders own 2.37% of the company’s stock.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.