Stock of The Day: Could Kratos Defense & Security Solutions, Inc Decline After Today’s Significant Increase?

Stock of The Day: Could Kratos Defense & Security Solutions, Inc Decline After Today's Significant Increase?

The stock of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) is a huge mover today! The stock increased 10.50% or $0.57 during the last trading session, hitting $6. About 1.04M shares traded hands or 191.70% up from the average. Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has risen 7.74% since April 1, 2016 and is uptrending. It has outperformed by 6.52% the S&P500.
The move comes after 6 months positive chart setup for the $362.62M company. It was reported on Nov, 3 by Barchart.com. We have $14.94 PT which if reached, will make NASDAQ:KTOS worth $540.30 million more.

According to Zacks Investment Research, “Kratos Defense & Security Solutions, Inc. is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs.”

Insitutional Activity: The institutional sentiment decreased to 1.1 in 2016 Q2. Its down 0.54, from 1.64 in 2016Q1. The ratio worsened, as 14 funds sold all Kratos Defense & Security Solutions, Inc shares owned while 27 reduced positions. 14 funds bought stakes while 31 increased positions. They now own 28.01 million shares or 5.63% more from 26.52 million shares in 2016Q1.
Rhumbline Advisers holds 0% or 55,102 shares in its portfolio. Morgan Stanley holds 0% or 29,471 shares in its portfolio. Catalyst Llc has 185,000 shares for 0.14% of their US portfolio. Price T Rowe Associate Md holds 0% or 53,377 shares in its portfolio. Moreover, Millennium Limited Com has 0.02% invested in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 2.35 million shares. Managed Asset Portfolios Lc, a Michigan-based fund reported 1.36 million shares. Blackrock Institutional Tru Na has 1.48 million shares for 0% of their US portfolio. Great West Life Assurance Com Can last reported 11,200 shares in the company. Jacobs Levy Equity Inc holds 192,100 shares or 0.02% of its portfolio. American Interest Grp, a New York-based fund reported 26,678 shares. The Delaware-based Blackrock Advsr Limited Liability Co has invested 0% in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Guggenheim Limited owns 39,936 shares or 0% of their US portfolio. Benchmark Advsr has 0.13% invested in the company for 37,500 shares. New York State Common Retirement Fund has invested 0% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). The California-based California Pub Employees Retirement Systems has invested 0% in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS).

Insider Transactions: Since August 9, 2016, the stock had 3 insider buys, and 0 selling transactions for $1.21 million net activity. $49,470 worth of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) shares were bought by DEMARCO ERIC M. Shares for $884,010 were bought by HOGLUND WILLIAM A.

More notable recent Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) news were published by: Fool.com which released: “Why Kratos Defense & Security Solutions, Inc Stock Surged 58% Higher in August” on September 08, 2016, also Fool.com with their article: “Better Buy: Kratos Defense & Security Solutions, Inc. vs. Leidos” published on July 22, 2016, Investorplace.com published: “Kratos Defense & Security Solutions, Inc (KTOS) Skids on Keybanc Downgrade” on August 29, 2016. More interesting news about Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) were released by: Fool.com and their article: “Can Kratos Defense & Security Solutions, Inc. Ever Break Into the Big Leagues?” published on November 09, 2015 as well as Fool.com‘s news article titled: “Why Shares of Kratos Defense & Security Solutions, Inc. Jumped 22% Today” with publication date: August 05, 2016.

KTOS Company Profile

Kratos Defense & Security Solutions, Inc., incorporated on July 7, 1997, offers various technologies, products and solutions focused on the United States and its allies’ national security. The Company’s divisions include Kratos Government Solutions (KGS), Unmanned Systems (US) and Public Safety & Security (PSS). The KGS segment includes the activities of Defense Rocket Support Services (DRSS), Microwave Electronics Division (ME), Technical and Training Solutions (TTS), and Modular Systems (MS), which provide technology defense solutions, involving services and products, primarily for the United States National Security priorities. The US segment includes its unmanned aerial, ground, seaborne and command, control and communications system business. The PSS segment provides independent integrated solutions for homeland security, public safety, critical infrastructure, and security and surveillance systems for government and commercial applications.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment