Fuller & Thaler Asset Management Inc. Buys 172,030 Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Fuller & Thaler Asset Management Inc. lifted its position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,079,022 shares of the aerospace company's stock after purchasing an additional 172,030 shares during the period. Fuller & Thaler Asset Management Inc. owned 1.38% of Kratos Defense & Security Solutions worth $54,845,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling at Kratos Defense & Security Solutions

In other news, insider Steven S. Fendley sold 7,000 shares of the 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 directly owns 365,461 shares in the company, valued at approximately $12,118,686.76. This represents a 1.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Marie Mendoza sold 1,500 shares of the business's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $27.12, for a total value of $40,680.00. Following the sale, the senior vice president now owns 60,443 shares in the company, valued at $1,639,214.16. This represents a 2.42 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 87,168 shares of company stock worth $2,525,600 over the last quarter. Corporate insiders own 2.37% of the company's stock.

Kratos Defense & Security Solutions Price Performance

Shares of Kratos Defense & Security Solutions stock traded up $0.30 during midday trading on Friday, hitting $33.59. 1,461,844 shares of the company traded hands, compared to its average volume of 1,620,482. The firm's fifty day moving average price is $29.94 and its 200-day moving average price is $28.60. The stock has a market cap of $5.15 billion, a price-to-earnings ratio of 335.93 and a beta of 1.01. Kratos Defense & Security Solutions, Inc. has a 12 month low of $17.76 and a 12 month high of $35.66. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.61 and a current ratio of 3.22.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on KTOS shares. Royal Bank of Canada reduced their price target on Kratos Defense & Security Solutions from $37.00 to $32.00 and set an "outperform" rating on the stock in a research report on Thursday, February 27th. B. Riley raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and increased their target price for the stock from $26.00 to $35.00 in a report on Monday, January 13th. Truist Financial raised their price target on Kratos Defense & Security Solutions from $32.00 to $38.00 and gave the stock a "buy" rating in a research report on Thursday, April 17th. Robert W. Baird upped their price objective 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. Finally, JMP Securities restated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $34.13.

Kratos Defense & Security Solutions Company 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.