Insider Sale at Kratos Defense & Security Solutions Inc (KTOS)

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Oct 04, 2024
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President of KTT Division, Stacey Rock, executed a sale of 4,000 shares of Kratos Defense & Security Solutions Inc (KTOS, Financial) on October 1, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 55,029 shares of the company.

Kratos Defense & Security Solutions Inc specializes in providing advanced engineering, security, and surveillance systems to government and commercial clients. The company's offerings include unmanned systems, satellite communications, cybersecurity solutions, and missile defense enhancements, catering to the United States and its allies' national security needs.

Over the past year, the insider has sold a total of 15,522 shares and has not made any purchases. This recent transaction is part of a broader trend within the company, where there have been 59 insider sells and only 2 insider buys over the past year.

Shares of Kratos Defense & Security Solutions Inc were priced at $23.67 on the day of the transaction. The company's market cap is approximately $3.80 billion. The price-earnings ratio stands at 359.71, significantly above both the industry median of 35.37 and the company's historical median.

The stock's current price relative to the GF Value of $17.55 suggests that it is Significantly Overvalued, with a price-to-GF-Value ratio of 1.35. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.