Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) shares were up 2.1% on Friday . The stock traded as high as $6.84 and last traded at $6.82, with a volume of 482,449 shares traded. The stock had previously closed at $6.68.

Several research analysts have recently weighed in on KTOS shares. Zacks Investment Research raised shares of Kratos Defense & Security Solutions from a “sell” rating to a “buy” rating and set a $4.75 target price on the stock in a research report on Tuesday, May 10th. Jefferies Group reissued a “neutral” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, July 5th. Finally, B. Riley reissued a “buy” rating and issued a $9.00 target price on shares of Kratos Defense & Security Solutions in a research report on Tuesday, August 9th.

The company has a 50 day moving average of $4.99 and a 200-day moving average of $4.41. The company has a market capitalization of $415.19 million and a price-to-earnings ratio of 22.09.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings data on Thursday, August 4th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.10. The firm earned $168.20 million during the quarter, compared to the consensus estimate of $158.93 million. During the same period in the previous year, the firm posted ($0.02) earnings per share. The company’s revenue was up 4.8% compared to the same quarter last year. On average, equities analysts anticipate that Kratos Defense & Security Solutions Inc. will post ($0.14) EPS for the current year.

In related news, Director William A. Hoglund acquired 150,000 shares of the business’s stock in a transaction dated Friday, August 12th. The stock was bought at an average price of $5.89 per share, with a total value of $883,500.00. Following the acquisition, the director now owns 325,000 shares in the company, valued at approximately $1,914,250. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Eric M. Demarco acquired 8,904 shares of the business’s stock in a transaction dated Tuesday, August 9th. The stock was bought at an average cost of $5.56 per share, with a total value of $49,506.24. The disclosure for this purchase can be found here.

A hedge fund recently raised its stake in Kratos Defense & Security Solutions stock. Argent Capital Management LLC raised its stake in shares of Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) by 25.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 0.58% of Kratos Defense & Security Solutions worth $1,417,000 as of its most recent filing with the SEC.

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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