ORG Partners LLC Has $870,000 Stock Position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

ORG Partners LLC lifted its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,975 shares of the aerospace company’s stock after buying an additional 621 shares during the period. ORG Partners LLC’s holdings in Kratos Defense & Security Solutions were worth $870,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of KTOS. Farther Finance Advisors LLC grew its position in Kratos Defense & Security Solutions by 582.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,078 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 920 shares during the last quarter. Contravisory Investment Management Inc. grew its holdings in shares of Kratos Defense & Security Solutions by 68.7% during the third quarter. Contravisory Investment Management Inc. now owns 1,090 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 444 shares during the last quarter. Truvestments Capital LLC acquired a new position in shares of Kratos Defense & Security Solutions in the third quarter valued at approximately $39,000. Point72 Hong Kong Ltd bought a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at approximately $36,000. Finally, Meeder Asset Management Inc. bought a new position in Kratos Defense & Security Solutions in the 3rd quarter valued at approximately $53,000. 75.92% of the stock is currently owned by institutional investors.

Kratos Defense & Security Solutions Trading Up 1.5 %

NASDAQ KTOS opened at $29.37 on Friday. The stock has a market capitalization of $4.44 billion, a P/E ratio of 293.73 and a beta of 1.07. The business has a 50 day simple moving average of $26.59 and a 200 day simple moving average of $23.79. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61. Kratos Defense & Security Solutions, Inc. has a one year low of $16.71 and a one year high of $30.39.

Insiders Place Their Bets

In other news, VP De Burgreen Maria Cervantes sold 19,528 shares of the stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $30.00, for a total transaction of $585,840.00. Following the transaction, the vice president now owns 51,121 shares of the company’s stock, valued at $1,533,630. This represents a 27.64 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Thomas E. Iv Mills sold 6,603 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $24.88, for a total value of $164,282.64. Following the completion of the sale, the insider now directly owns 23,848 shares of the company’s stock, valued at $593,338.24. The trade was a 21.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,886 shares of company stock worth $2,809,800. Corporate insiders own 2.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on KTOS. StockNews.com upgraded shares of Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. JMP Securities raised their target price on Kratos Defense & Security Solutions from $27.00 to $30.00 and gave the stock a “market outperform” rating in a research report on Monday, November 11th. Jefferies Financial Group upped their price target on Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, December 13th. Truist Financial reissued a “buy” rating and issued a $27.00 price target (up previously from $25.00) on shares of Kratos Defense & Security Solutions in a research note on Thursday, September 26th. Finally, Robert W. Baird lifted their price objective on Kratos Defense & Security Solutions from $22.00 to $35.00 and gave the stock an “outperform” rating in a research note on Monday, September 23rd. Six equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $26.40.

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter.