Marie Mendoza Sells 1,500 Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) SVP Marie Mendoza sold 1,500 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $27.12, for a total value of $40,680.00. Following the transaction, the senior vice president now directly owns 60,443 shares of the company's stock, valued at $1,639,214.16. This represents a 2.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Marie Mendoza also recently made the following trade(s):

• On Wednesday, January 15th, Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock. The stock was sold at an average price of $33.30, for a total transaction of $49,950.00.
• On Monday, December 16th, Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $27.96, for a total value of $41,940.00.

Kratos Defense & Security Solutions Stock Performance

Shares of Kratos Defense & Security Solutions stock traded down $0.90 during trading on Monday, reaching $24.39. The company's stock had a trading volume of 2,328,950 shares, compared to its average volume of 2,263,560. The company has a current ratio of 3.22, a quick ratio of 2.61 and a debt-to-equity ratio of 0.13. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $16.78 and a fifty-two week high of $35.66. The company has a 50-day moving average price of $29.98 and a two-hundred day moving average price of $26.10. The firm has a market cap of $3.70 billion, a PE ratio of 243.92 and a beta of 1.10.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its position in Kratos Defense & Security Solutions by 582.3% during the third quarter. Farther Finance Advisors LLC now owns 1,078 shares of the aerospace company's stock valued at $25,000 after acquiring an additional 920 shares during the period. Jones Financial Companies Lllp increased its holdings in 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 buying an additional 610 shares during the last quarter. Hemington Wealth Management raised its holdings in shares of 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 valued at $35,000 after buying an additional 631 shares during the last quarter. Truvestments Capital LLC acquired a new position in shares of Kratos Defense & Security Solutions during the third quarter valued at $39,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Kratos Defense & Security Solutions during the 3rd quarter worth about $53,000. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. B. Riley raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $26.00 to $35.00 in a report on Monday, January 13th. JMP Securities reissued an "outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 4th. StockNews.com upgraded Kratos Defense & Security Solutions from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. Truist Financial boosted their price objective on shares of Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the stock a "buy" rating in a research note on Tuesday, January 14th. Finally, Robert W. Baird upped their price objective on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an "outperform" rating in a report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Kratos Defense & Security Solutions currently has an average rating of "Moderate Buy" and an average price target of $30.67.

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.