Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) was down 4% during trading on Tuesday . The company traded as low as $6.42 and last traded at $6.51, with a volume of 752,274 shares. The stock had previously closed at $6.78.

A number of equities research analysts recently commented on KTOS shares. B. Riley reaffirmed a “buy” rating and issued a $9.00 price target on shares of Kratos Defense & Security Solutions in a report on Monday, May 2nd. Zacks Investment Research cut shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $5.00 price target (up previously from $4.15) on shares of Kratos Defense & Security Solutions in a report on Saturday, May 7th.

The firm’s 50-day moving average price is $4.83 and its 200-day moving average price is $4.37. The firm has a market capitalization of $403.10 million and a price-to-earnings ratio of 21.45.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Thursday, August 4th. The company reported ($0.17) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.10. During the same quarter in the previous year, the business posted ($0.02) EPS. The business had revenue of $168.20 million for the quarter, compared to analyst estimates of $158.93 million. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Equities research analysts predict that Kratos Defense & Security Solutions Inc. will post ($0.14) earnings per share for the current fiscal year.

In other news, Director William A. Hoglund purchased 150,000 shares of the business’s stock in a transaction dated Friday, August 12th. The shares were purchased at an average price of $5.89 per share, for a total transaction of $883,500.00. Following the completion of the acquisition, the director now directly owns 325,000 shares in the company, valued at approximately $1,914,250. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director William A. Hoglund purchased 50,000 shares of the business’s stock in a transaction dated Wednesday, August 10th. The shares were purchased at an average price of $5.59 per share, for a total transaction of $279,500.00. Following the acquisition, the director now owns 250,000 shares of the company’s stock, valued at $1,397,500. The disclosure for this purchase can be found here.

An institutional investor recently raised its position in Kratos Defense & Security Solutions stock. Argent Capital Management LLC boosted its position in shares of Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) by 25.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 345,639 shares of the company’s stock after buying an additional 69,300 shares during the period. Argent Capital Management LLC owned approximately 0.58% of Kratos Defense & Security Solutions worth $1,417,000 as of its most recent SEC filing.

Kratos Defense & Security Solutions, Inc offers various technologies, products and solutions focused on the United States and its allies’ national security. The Company’s segments include Kratos Government Solutions (KGS), Unmanned Systems (US) and Public Safety & Security (PSS). The KGS segment includes the operations of Defense Rocket Support Services (DRSS), Microwave Electronics Division (ME), Technical and Training Solutions (TTS), and Modular Systems (MS), which provide technology-based defense solutions, involving products and services, primarily for the United States National Security priorities.

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