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

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Nov 02, 2024
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On November 1, 2024, Stacey Rock, President of the KTT Division at Kratos Defense & Security Solutions Inc (KTOS, Financial), sold 4,000 shares of the company. The transaction was filed with the SEC and took place at a stock price of $22.96 per share. Following this transaction, the insider now owns 51,063 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, the insider has sold a total of 19,522 shares and has not purchased any shares. This recent sale is part of a broader trend within the company, where there have been 63 insider sells and only 2 insider buys over the same period.

The stock's market cap is currently $3.453 billion. With a price-earnings ratio of 326.71, Kratos Defense & Security Solutions Inc stands well above both the industry median of 34.855 and its historical median.

According to the GF Value, the intrinsic value estimate for Kratos Defense & Security Solutions Inc is $17.33 per share, making the current price of $22.96 signify a significantly overvalued status with a price-to-GF-Value ratio of 1.32.

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This valuation and insider selling activity could be of interest to investors monitoring stock performance and insider behaviors 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.