Deanna H. Lund Sells 7,500 Shares of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) CFO Deanna H. Lund sold 7,500 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $16.17, for a total value of $121,275.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Deanna H. Lund also recently made the following trade(s):

  • On Thursday, May 21st, Deanna H. Lund sold 7,492 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $16.62, for a total transaction of $124,517.04.
  • On Tuesday, April 21st, Deanna H. Lund sold 7,600 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $14.05, for a total value of $106,780.00.
  • On Monday, April 6th, Deanna H. Lund sold 6,000 shares of Kratos Defense & Security Solutions stock. The stock was sold at an average price of $14.03, for a total value of $84,180.00.

Shares of NASDAQ:KTOS opened at $16.42 on Friday. The business’s 50 day moving average is $17.18 and its 200 day moving average is $16.91. Kratos Defense & Security Solutions, Inc has a 12-month low of $5.00 and a 12-month high of $25.08. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 182.46 and a beta of 1.20. The company has a quick ratio of 2.49, a current ratio of 2.83 and a debt-to-equity ratio of 0.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data on Thursday, May 7th. The aerospace company reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.07. The firm had revenue of $168.90 million for the quarter, compared to the consensus estimate of $164.28 million. Kratos Defense & Security Solutions had a net margin of 1.27% and a return on equity of 4.24%. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.11 EPS. As a group, equities research analysts expect that Kratos Defense & Security Solutions, Inc will post 0.25 earnings per share for the current year.

Institutional investors have recently bought and sold shares of the business. Marshall Wace LLP purchased a new stake in shares of Kratos Defense & Security Solutions during the first quarter valued at approximately $35,000. Amundi Pioneer Asset Management Inc. purchased a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter valued at $81,000. Rhumbline Advisers raised its stake in shares of Kratos Defense & Security Solutions by 1.4% during the 4th quarter. Rhumbline Advisers now owns 121,575 shares of the aerospace company’s stock worth $2,190,000 after purchasing an additional 1,723 shares during the period. Swiss National Bank boosted its holdings in shares of Kratos Defense & Security Solutions by 2.1% in the 4th quarter. Swiss National Bank now owns 172,600 shares of the aerospace company’s stock worth $3,109,000 after buying an additional 3,600 shares during the last quarter. Finally, State Street Corp grew its position in Kratos Defense & Security Solutions by 1.3% during the fourth quarter. State Street Corp now owns 5,519,889 shares of the aerospace company’s stock valued at $99,413,000 after buying an additional 72,319 shares during the period. 85.50% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on KTOS shares. Zacks Investment Research upgraded Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Monday. SunTrust Banks raised shares of Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday, March 11th. BidaskClub downgraded shares of Kratos Defense & Security Solutions from a “buy” rating to a “hold” rating in a research note on Friday, June 19th. Finally, Benchmark initiated coverage on shares of Kratos Defense & Security Solutions in a research report on Wednesday, March 18th. They set a “buy” rating and a $19.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $21.78.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services.

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