On October 1, 2024, Deanna Lund, Executive Vice President and Chief Financial Officer of Kratos Defense & Security Solutions Inc (KTOS, Financial), sold 6,000 shares of the company at a price of $23.68 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 279,775 shares of the company.
Kratos Defense & Security Solutions Inc (KTOS, Financial) 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 systems.
Over the past year, Deanna Lund has sold a total of 54,000 shares and has not made any purchases of the company's stock. The broader insider transaction trend at Kratos Defense & Security Solutions Inc shows a predominance of selling activities, with 59 insider sells and only 2 insider buys over the last year.
Shares of Kratos Defense & Security Solutions Inc were trading at $23.68 on the day of the sale, giving the company a market cap of approximately $3.80 billion. The price-earnings ratio stands at 359.71, significantly higher than both the industry median and the company's historical median.
According to the GF Value, the intrinsic value of Kratos Defense & Security Solutions Inc is estimated at $17.55 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.35.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.
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.
