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

A number of analysts have recently commented on the company. Zacks Investment Research upgraded Kratos Defense & Security Solutions from a “hold” rating to a “strong-buy” rating and set a $6.50 price objective for the company in a research report on Wednesday, August 10th. B. Riley restated a “buy” rating and issued a $9.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Tuesday, August 9th. Finally, Jefferies Group restated a “hold” rating and issued a $5.00 price objective (up from $4.15) on shares of Kratos Defense & Security Solutions in a research report on Saturday, May 7th.

The stock has a 50 day moving average price of $4.99 and a 200 day moving average price of $4.41. The stock has a market cap of $415.19 million and a PE ratio of 22.09.

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

In other news, CEO Eric M. Demarco bought 8,904 shares of the firm’s stock in a transaction that occurred on Tuesday, August 9th. The stock was purchased at an average cost of $5.56 per share, with a total value of $49,506.24. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director William A. Hoglund acquired 150,000 shares of the firm’s stock in a transaction on Friday, August 12th. The shares were bought at an average cost of $5.89 per share, with a total value of $883,500.00. Following the completion of the transaction, the director now directly owns 325,000 shares in the company, valued at approximately $1,914,250. The disclosure for this purchase can be found here.

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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