Xponance Inc. Has $278,000 Stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Xponance Inc. raised its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 9.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,521 shares of the aerospace company’s stock after buying an additional 916 shares during the quarter. Xponance Inc.’s holdings in Kratos Defense & Security Solutions were worth $278,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its holdings 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 worth $34,000 after acquiring an additional 610 shares in the last quarter. Hemington Wealth Management boosted its holdings in shares of 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 buying an additional 631 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of Kratos Defense & Security Solutions in the 3rd quarter valued at about $39,000. Capital Advisors Ltd. LLC bought a new position in Kratos Defense & Security Solutions during the fourth quarter worth about $53,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Kratos Defense & Security Solutions during the 4th quarter worth approximately $55,000. Institutional investors and hedge funds own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock opened at $31.47 on Friday. The stock has a market capitalization of $4.81 billion, a PE ratio of 314.73 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a one year low of $17.05 and a one year high of $35.66. 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 business’s 50 day simple moving average is $30.40 and its 200 day simple moving average is $27.31.

Insider Transactions at Kratos Defense & Security Solutions

In related news, insider Phillip D. Carrai sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $26.33, for a total transaction of $526,600.00. Following the transaction, the insider now owns 263,283 shares in the company, valued at $6,932,241.39. The trade was a 7.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Marie Mendoza sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $33.30, for a total value of $49,950.00. Following the completion of the sale, the senior vice president now owns 61,782 shares of the company’s stock, valued at approximately $2,057,340.60. This represents a 2.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 110,196 shares of company stock worth $3,144,160 over the last three months. 2.27% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on KTOS. B. Riley upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and upped their price target for the company from $26.00 to $35.00 in a research note on Monday, January 13th. Royal Bank of Canada decreased 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. Truist Financial lifted their price objective on shares of Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. StockNews.com downgraded Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, March 8th. Finally, JMP Securities reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.67.

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.