EAM Investors LLC Takes $4.51 Million Position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

EAM Investors LLC bought a new stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 170,967 shares of the aerospace company's stock, valued at approximately $4,510,000. EAM Investors LLC owned approximately 0.11% of Kratos Defense & Security Solutions at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KTOS. Jones Financial Companies Lllp boosted its position in shares of Kratos Defense & Security Solutions by 90.5% during the 4th quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company's stock valued at $34,000 after acquiring an additional 610 shares in the last quarter. Hemington Wealth Management lifted its stake in Kratos Defense & Security Solutions by 86.6% during the fourth quarter. Hemington Wealth Management now owns 1,360 shares of the aerospace company's stock worth $35,000 after purchasing an additional 631 shares during the period. Capital Advisors Ltd. LLC acquired a new stake in Kratos Defense & Security Solutions during the fourth quarter valued at approximately $53,000. SBI Securities Co. Ltd. bought a new stake in shares of Kratos Defense & Security Solutions in the 4th quarter valued at approximately $55,000. Finally, MRP Capital Investments LLC raised its holdings in shares of Kratos Defense & Security Solutions by 28.6% in the 4th quarter. MRP Capital Investments LLC now owns 2,250 shares of the aerospace company's stock worth $59,000 after buying an additional 500 shares in the last quarter. 75.92% of the stock is owned by institutional investors.

Kratos Defense & Security Solutions Price Performance

Shares of KTOS stock traded down $0.18 during trading hours on Friday, reaching $33.09. 2,131,494 shares of the company were exchanged, compared to its average volume of 1,609,019. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61. The stock's fifty day moving average is $29.48 and its two-hundred day moving average is $28.31. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $17.05 and a fifty-two week high of $35.66. The company has a market cap of $5.06 billion, a price-to-earnings ratio of 330.93 and a beta of 1.01.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. StockNews.com upgraded Kratos Defense & Security Solutions from a "sell" rating to a "hold" rating in a research report on Wednesday. JMP Securities reaffirmed an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, February 4th. Robert W. Baird increased their target price on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 14th. Truist Financial boosted their price target on shares of Kratos Defense & Security Solutions from $32.00 to $38.00 and gave the company a "buy" rating in a research report on Thursday. Finally, JPMorgan Chase & Co. raised their price objective on shares of Kratos Defense & Security Solutions from $27.00 to $33.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $33.33.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, CEO Eric M. Demarco purchased 9,500 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average cost of $26.35 per share, with a total value of $250,325.00. Following the completion of the purchase, the chief executive officer now directly owns 1,267,482 shares in the company, valued at approximately $33,398,150.70. This represents a 0.76 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven S. Fendley sold 7,000 shares of the firm's stock in a transaction on Monday, January 27th. The stock was sold at an average price of $33.16, for a total value of $232,120.00. Following the completion of the transaction, the insider now owns 365,461 shares in the company, valued at $12,118,686.76. This represents a 1.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 87,168 shares of company stock worth $2,525,600. Insiders own 2.37% of the company's stock.

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.