Steven Fendley, President of the US Division at Kratos Defense & Security Solutions Inc (KTOS, Financial), sold 7,000 shares of the company on October 28, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 356,414 shares of the company.
Kratos Defense & Security Solutions Inc specializes in advanced defense technology, providing innovative solutions and products in unmanned systems, satellite communications, cyber security, and missile defense among other areas. The company plays a crucial role in national security and defense infrastructures.
Over the past year, Steven Fendley has sold a total of 123,000 shares and has not purchased any shares. This recent sale is part of a broader trend within the company, which has seen 60 insider sells and only 2 insider buys over the past year.
On the day of the sale, shares of Kratos Defense & Security Solutions Inc were trading at $24.01, giving the company a market cap of approximately $3.56 billion. The price-earnings ratio of the company stands at 337.00, significantly higher than both the industry median and the company's historical median.
The stock's current price of $24.01 compared to the GF Value of $17.35 indicates that Kratos Defense & Security Solutions Inc is significantly overvalued with a price-to-GF-Value ratio of 1.38.
The GF Value is calculated considering historical trading multiples like price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors as an indicator of the company's future performance and valuation adjustments.
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.
