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A company insider recently sold 4,000 shares of Kratos Defense & Security Solutions Inc [KTOS]. Should You Sale?

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Kratos Defense & Security Solutions Inc shares valued at $106,935 were sold by Rock Stacey G on Dec 02 ’24. At $26.73 per share, Rock Stacey G sold 4,000 shares. The insider’s holdings dropped to 47,007 shares worth approximately $1.28 million following the completion of this transaction.

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Also, Lund Deanna H sold 6,000 shares, netting a total of over 160,372 in proceeds. Following the sale of shares at $26.73 each, the insider now holds 267,708 shares.

Before that, Carter David M had sold 4,000 shares from its account. In a trade valued at $106,906, the President, DRSS Division traded Kratos Defense & Security Solutions Inc shares for $26.73 each. Upon closing the transaction, the insider’s holdings decreased to 4,000 shares, worth approximately $2.92 million.

As published in a research note from B. Riley Securities on October 30, 2024, Kratos Defense & Security Solutions Inc [KTOS] has been rated down from a Buy to a Neutral and the price target has been revised to $26 from $24. Analysts at BTIG Research started covering the stock with ‘”a Neutral”‘ outlook in a report released in late June. As of May 28, 2024, JMP Securities has initiated its “Mkt outperform” rating for KTOS. Earlier on April 26, 2024, Raymond James upgraded its rating. Their new recommendation was “a Strong buy” for KTOS stock which previously was a “an Outperform”.

Analyzing KTOS Stock Performance

During the last five days, there has been a surge of approximately 1.30%. Over the course of the year, Kratos Defense & Security Solutions Inc shares have jumped approximately 34.55%. Shares of the company reached a 52-week high of $28.62 on 11/13/24 and a 52-week low of $16.71 on 02/01/24. A 50-day SMA is recorded $25.10, while a 200-day SMA reached $21.34. Nevertheless, trading volume fell to 1.21 million shares from 1.16 million shares the previous day.

Support And Resistance Levels for Kratos Defense & Security Solutions Inc (KTOS)

According to the 24-hour chart, there is a support level at 27.12, which, if violated, would cause prices to drop to 26.95. In the upper region, resistance lies at 27.62. The next price resistance is at 27.95. RSI (Relative Strength Index) is 58.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.91, which suggests the price will decrease in the coming days. Percent R is at 19.95%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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