Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) CFO Deanna H. Lund acquired 6,666 shares of the stock in a transaction dated Wednesday, November 23rd. The shares were purchased at an average cost of $6.00 per share, with a total value of $39,996.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) opened at 7.32 on Thursday. Kratos Defense & Security Solutions Inc. has a one year low of $2.80 and a one year high of $7.58. The firm has a 50-day moving average of $6.32 and a 200-day moving average of $5.56. The stock’s market cap is $442.98 million.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.08. Kratos Defense & Security Solutions had a negative net margin of 9.06% and a negative return on equity of 3.73%. The firm earned $165.40 million during the quarter, compared to analysts’ expectations of $162.10 million. During the same period in the previous year, the company earned $0.07 EPS. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. On average, equities research analysts expect that Kratos Defense & Security Solutions Inc. will post ($0.13) earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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Institutional investors have recently added to or reduced their stakes in the company. S Squared Technology LLC boosted its position in Kratos Defense & Security Solutions by 89.9% in the second quarter. S Squared Technology LLC now owns 1,362,238 shares of the company’s stock worth $5,585,000 after buying an additional 645,000 shares in the last quarter. Cornerstone Capital Management Holdings LLC. boosted its position in Kratos Defense & Security Solutions by 182.9% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 474,100 shares of the company’s stock worth $3,266,000 after buying an additional 306,500 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Kratos Defense & Security Solutions by 6.6% in the second quarter. Dimensional Fund Advisors LP now owns 4,666,914 shares of the company’s stock worth $19,134,000 after buying an additional 288,109 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its position in Kratos Defense & Security Solutions by 197.9% in the third quarter. D. E. Shaw & Co. Inc. now owns 417,301 shares of the company’s stock worth $2,875,000 after buying an additional 277,226 shares in the last quarter. Finally, Spark Investment Management LLC boosted its position in Kratos Defense & Security Solutions by 93.3% in the second quarter. Spark Investment Management LLC now owns 402,147 shares of the company’s stock worth $1,648,000 after buying an additional 194,147 shares in the last quarter. 68.24% of the stock is owned by hedge funds and other institutional investors.

KTOS has been the subject of a number of research reports. Zacks Investment Research downgraded shares of Kratos Defense & Security Solutions from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 5th. B. Riley initiated coverage on shares of Kratos Defense & Security Solutions in a research note on Monday, November 7th. They issued a “buy” rating and a $9.00 price target for the company.

About Kratos Defense & Security Solutions

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.

5 Day Chart for NASDAQ:KTOS

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