Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) saw some unusual options trading activity on Monday. Stock traders bought 15,080 put options on the stock. This is an increase of approximately 24,223% compared to the typical daily volume of 62 put options.

Several equities analysts recently commented on KTOS shares. BidaskClub raised shares of Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating in a report on Friday, August 24th. Noble Financial reissued a “buy” rating and set a $20.00 price target on shares of Kratos Defense & Security Solutions in a research report on Friday, August 3rd. Zacks Investment Research cut shares of Kratos Defense & Security Solutions from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 18th. Canaccord Genuity reissued a “buy” rating and set a $15.00 price target on shares of Kratos Defense & Security Solutions in a research report on Tuesday, July 10th. Finally, ValuEngine cut shares of Kratos Defense & Security Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, June 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $14.00.

Shares of KTOS opened at $14.48 on Tuesday. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 362.00, a PEG ratio of 16.35 and a beta of 2.28. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.89 and a quick ratio of 2.59. Kratos Defense & Security Solutions has a twelve month low of $8.90 and a twelve month high of $14.87.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings results on Thursday, August 2nd. The aerospace company reported $0.02 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.02. The business had revenue of $151.20 million during the quarter, compared to analysts’ expectations of $147.00 million. Kratos Defense & Security Solutions had a negative net margin of 5.26% and a positive return on equity of 2.54%. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.01 EPS. equities research analysts forecast that Kratos Defense & Security Solutions will post 0.12 EPS for the current fiscal year.

In related news, insider Thomas E. Iv Mills sold 73,372 shares of the stock in a transaction on Thursday, August 9th. The shares were sold at an average price of $13.19, for a total transaction of $967,776.68. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Bandel L. Carano bought 10,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Tuesday, August 7th. The shares were acquired at an average cost of $12.70 per share, for a total transaction of $127,000.00. The disclosure for this purchase can be found here. 15.60% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. IFP Advisors Inc lifted its position in shares of Kratos Defense & Security Solutions by 1,824.7% in the 1st quarter. IFP Advisors Inc now owns 9,758 shares of the aerospace company’s stock worth $100,000 after purchasing an additional 9,251 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $112,000. WINTON GROUP Ltd purchased a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $119,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the 2nd quarter worth about $196,000. Finally, Royal Bank of Canada lifted its position in shares of Kratos Defense & Security Solutions by 119.3% in the 1st quarter. Royal Bank of Canada now owns 20,425 shares of the aerospace company’s stock worth $210,000 after purchasing an additional 11,112 shares during the period. 89.56% of the stock is owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through three segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services.

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