Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) shares traded down 2.1% during trading on Friday . The stock traded as low as $7.37 and last traded at $7.39, with a volume of 621,564 shares. The stock had previously closed at $7.55.

Several research analysts have commented on the stock. B. Riley reissued a “buy” rating and set a $9.00 price target on shares of Kratos Defense & Security Solutions in a research note on Tuesday, August 9th. Zacks Investment Research downgraded shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. Finally, Jefferies Group reissued a “hold” rating and set a $5.00 price target (up from $4.15) on shares of Kratos Defense & Security Solutions in a research note on Saturday, May 7th.

The company has a 50-day moving average of $5.41 and a 200 day moving average of $4.56. The stock has a market cap of $449.64 million and a P/E ratio of 23.92.

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

In other news, Director William A. Hoglund bought 150,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Friday, August 12th. The stock was bought at an average cost of $5.89 per share, with a total value of $883,500.00. Following the acquisition, the director now owns 325,000 shares of the company’s stock, valued at approximately $1,914,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Eric M. Demarco bought 8,904 shares of Kratos Defense & Security Solutions 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 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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