Kratos Defense & Security Solutions, Inc. $KTOS Shares Sold by Canal Insurance CO

Canal Insurance CO cut its holdings in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 36.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 110,000 shares of the aerospace company’s stock after selling 63,800 shares during the period. Kratos Defense & Security Solutions accounts for 2.0% of Canal Insurance CO’s portfolio, making the stock its 17th biggest position. Canal Insurance CO’s holdings in Kratos Defense & Security Solutions were worth $8,350,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. First Trust Advisors LP increased its position in shares of Kratos Defense & Security Solutions by 29.5% during the third quarter. First Trust Advisors LP now owns 3,068,863 shares of the aerospace company’s stock worth $280,402,000 after purchasing an additional 698,778 shares in the last quarter. Invesco Ltd. increased its position in shares of Kratos Defense & Security Solutions by 7.4% during the third quarter. Invesco Ltd. now owns 3,046,194 shares of the aerospace company’s stock worth $278,331,000 after purchasing an additional 209,189 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Kratos Defense & Security Solutions by 1,389.0% during the third quarter. Alliancebernstein L.P. now owns 2,707,776 shares of the aerospace company’s stock worth $247,409,000 after purchasing an additional 2,525,921 shares in the last quarter. Northern Trust Corp increased its position in shares of Kratos Defense & Security Solutions by 13.6% during the third quarter. Northern Trust Corp now owns 2,072,700 shares of the aerospace company’s stock worth $189,383,000 after purchasing an additional 247,652 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Kratos Defense & Security Solutions by 40.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,539,840 shares of the aerospace company’s stock worth $140,695,000 after purchasing an additional 444,956 shares in the last quarter. 75.92% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Kratos Defense & Security Solutions

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Q1 results beat expectations — adjusted EPS $0.16 vs. $0.13 est., revenue $371M (+22.6% YoY), and management raised FY‑2026 revenue guidance to $1.70B–$1.76B and adjusted EBITDA to $170M–$176M; backlog and bookings also strengthened, supporting medium‑term growth. Kratos Reports First Quarter 2026 Financial Results and Increases Fiscal FY26 Financial Guidance
• Positive Sentiment: Production ramp visibility: Kratos is projecting roughly 40 Valkyrie unmanned aircraft annually by early 2028, boosting revenue runway for the Unmanned Systems segment. Kratos projects $1.7B-$1.760B 2026 revenue as it plans ~40 Valkyries annually by early 2028
• Positive Sentiment: Analyst thesis: some analysts highlight meaningful upside from continued Pentagon defense spending momentum and Kratos’s exposure to unmanned and missile‑support markets. KTOS stock in spotlight: Analyst sees 37% upside on Pentagon’s defense spending momentum
• Neutral Sentiment: Some analysts updated targets: BNP Paribas Exane raised its price target to $85 while keeping a “neutral” rating — a modest positive signal but not a buy endorsement. Benzinga
• Neutral Sentiment: BTIG and other firms revised targets/rating mixes (BTIG’s target changed but maintained buy) — reflecting differing views on growth vs. valuation that may sustain intraday volatility. Benzinga
• Neutral Sentiment: Full earnings/management commentary is available in the Q1 call transcript for investors wanting detail on backlog, book‑to‑bill and the $14B opportunity pipeline cited by management. Kratos Q1 2026 Earnings Call Transcript
• Negative Sentiment: Piper Sandler cut its price target to $75 (neutral rating) and other shops trimmed targets — downward revisions increase near‑term downside risk if sentiment shifts. Benzinga
• Negative Sentiment: Market reaction drivers: despite beats, the stock pulled back today as investors flagged continued cash burn and a Q2 revenue guide ($400M–$410M) that was roughly flat-to-slightly below some expectations — prompting profit‑taking. Why Kratos Stock Just Dropped Kratos Delivers Strong Q1 — Next Quarter Guidance Slightly Below Expectations
• Negative Sentiment: Insider selling: Kratos CFO sold 5,000 shares under a pre‑arranged 10b5‑1 plan — a small disclosed sale that some traders interpret as a cautionary signal. SEC Filing: Insider Sale

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on KTOS shares. The Goldman Sachs Group upped their price target on Kratos Defense & Security Solutions from $93.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Citigroup reissued a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 24th. Truist Financial raised Kratos Defense & Security Solutions to a “strong-buy” rating in a research report on Friday, May 1st. Cantor Fitzgerald reissued an “overweight” rating and issued a $115.00 target price on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 24th. Finally, Stifel Nicolaus upped their target price on Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $97.67.

Kratos Defense & Security Solutions Price Performance

NASDAQ KTOS opened at $57.00 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.06 and a quick ratio of 3.46. The stock’s fifty day moving average price is $76.46 and its 200 day moving average price is $84.41. Kratos Defense & Security Solutions, Inc. has a 1 year low of $32.85 and a 1 year high of $134.00. The company has a market cap of $10.68 billion, a price-to-earnings ratio of 335.29 and a beta of 1.06.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. Kratos Defense & Security Solutions had a return on equity of 3.33% and a net margin of 2.08%.The firm had revenue of $371.00 million for the quarter, compared to the consensus estimate of $345.00 million. During the same period in the prior year, the firm earned $0.12 EPS. The firm’s revenue was up 22.6% on a year-over-year basis. As a group, equities research analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.58 earnings per share for the current year.

Insider Activity at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $61.64, for a total transaction of $431,480.00. Following the sale, the insider directly owned 351,039 shares of the company’s stock, valued at approximately $21,638,043.96. This trade represents a 1.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Stacey G. Rock sold 4,000 shares of the stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $61.03, for a total value of $244,120.00. Following the sale, the insider directly owned 17,897 shares in the company, valued at $1,092,253.91. This represents a 18.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 169,027 shares of company stock worth $13,522,040 in the last three months. Company insiders own 1.50% of the company’s stock.

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.