Insider Sale: EVP & CFO Deanna Lund Sells 6,000 Shares of Kratos Defense & Security Solutions Inc (KTOS)

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Nov 02, 2024
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On November 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. The transaction was executed at a price of $22.96 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 273,881 shares of the company.

Kratos Defense & Security Solutions Inc (KTOS, Financial) 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 advanced technological applications.

Over the past year, Deanna Lund has sold a total of 60,000 shares and has not made any purchases. The insider transaction history for Kratos Defense & Security Solutions Inc (KTOS, Financial) shows a trend with 2 insider buys and 63 insider sells over the past year.

On the valuation front, Kratos Defense & Security Solutions Inc (KTOS, Financial) has a market cap of $3.453 billion. The stock's price-earnings ratio stands at 326.71, significantly higher than both the industry median and the company’s historical median. Additionally, with a current stock price of $22.96 and a GF Value of $17.33, the price-to-GF-Value ratio is 1.32, indicating that the stock is Significantly Overvalued.

The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.

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This recent insider sale by the EVP & CFO might be of interest to current and potential investors, providing them with insights into insider confidence and valuation perspectives at Kratos Defense & Security Solutions Inc (KTOS, Financial).

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.