Kratos Defense & Security Solutions, Inc. $KTOS Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC cut its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 44.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 13,816 shares of the aerospace company’s stock after selling 11,019 shares during the quarter. NewEdge Wealth LLC’s holdings in Kratos Defense & Security Solutions were worth $1,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Amalgamated Bank raised its position in Kratos Defense & Security Solutions by 57.7% during the third quarter. Amalgamated Bank now owns 73,673 shares of the aerospace company’s stock valued at $6,732,000 after acquiring an additional 26,946 shares in the last quarter. Mission Wealth Management LP acquired a new stake in Kratos Defense & Security Solutions in the 3rd quarter valued at $1,828,000. Baillie Gifford & Co. acquired a new stake in Kratos Defense & Security Solutions in the 3rd quarter valued at $19,048,000. WCM Investment Management LLC purchased a new position in Kratos Defense & Security Solutions during the third quarter valued at $17,922,000. Finally, New York State Teachers Retirement System lifted its holdings in Kratos Defense & Security Solutions by 59.4% during the third quarter. New York State Teachers Retirement System now owns 108,525 shares of the aerospace company’s stock valued at $9,916,000 after purchasing an additional 40,440 shares in the last quarter. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Stifel Nicolaus upped their price target on shares of Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. KeyCorp boosted their price objective on Kratos Defense & Security Solutions from $90.00 to $130.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Jefferies Financial Group restated a “hold” rating and issued a $85.00 target price on shares of Kratos Defense & Security Solutions in a research report on Thursday, November 6th. B. Riley Financial boosted their price target on Kratos Defense & Security Solutions from $105.00 to $128.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Finally, BNP Paribas Exane set a $80.00 price objective on Kratos Defense & Security Solutions in a research note on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Kratos Defense & Security Solutions has an average rating of “Moderate Buy” and a consensus price target of $93.83.

Insiders Place Their Bets

In other news, CFO Deanna H. Lund sold 5,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $96.87, for a total transaction of $484,350.00. Following the transaction, the chief financial officer owned 274,983 shares of the company’s stock, valued at approximately $26,637,603.21. The trade was a 1.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Phillip D. Carrai sold 6,500 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $90.91, for a total transaction of $590,915.00. Following the completion of the sale, the insider directly owned 213,325 shares of the company’s stock, valued at $19,393,375.75. This represents a 2.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 911,907 shares of company stock worth $74,908,183. 2.37% of the stock is currently owned by company insiders.

Kratos Defense & Security Solutions Price Performance

NASDAQ:KTOS opened at $96.08 on Monday. Kratos Defense & Security Solutions, Inc. has a one year low of $23.90 and a one year high of $134.00. The stock has a market cap of $16.37 billion, a PE ratio of 739.13 and a beta of 1.09. 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 stock has a 50 day moving average price of $96.38 and a 200 day moving average price of $84.40.

More Kratos Defense & Security Solutions News

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

• Positive Sentiment: Prometheus Energetics (a JV that includes Kratos) broke ground on a new solid rocket motor campus in Indiana—this expands Kratos’ propulsion/energetics capability and supports longer‑term revenue potential. Prometheus Energetics Breaks Ground
• Positive Sentiment: Kratos announced expanded roles in hypersonics, satellites and autonomy programs—operational wins in high‑priority defense segments that support multi‑year growth expectations. Kratos Expands Role In Hypersonics
• Positive Sentiment: Kratos won a contract to streamline hypersonic materials development—a technical contract that reinforces its addressable market in hypersonics. Hypersonic Materials Contract
• Neutral Sentiment: Reported short‑interest figures are effectively zero/ambiguous (likely a reporting/data quirk) and are unlikely to be a material driver of today’s move.
• Negative Sentiment: UBS initiated coverage with a “neutral” rating and a $79 price target—this published target sits well below recent trading levels and can directly weaken sentiment and trigger selling pressure. UBS Initiates Coverage
• Negative Sentiment: Two insiders disclosed sales (SVP Marie Mendoza sold 1,500 shares at ~$88.08; Phillip D. Carrai sold 6,500 shares at ~$90.91). While both still hold large positions, the filings read as near‑term profit taking and likely added to downward pressure. Insider Sale Filings Insider Sale Filings 2

Kratos Defense & Security Solutions Profile

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.