Kratos Defense & Security Solutions Inc’s filing revealed that its Officer STACEY ROCK acquired Company’s shares for reported $0.12 million on Jan 06 ’25. In the deal valued at $28.96 per share,4,000 shares were bought.
Then, Lund Deanna H sold 6,000 shares, generating $158,875 in total proceeds. Upon selling the shares at $26.48, the EVP & CFO now owns 261,732 shares.
Before that, Carter David M sold 4,000 shares. Kratos Defense & Security Solutions Inc shares valued at $105,952 were divested by the President, DRSS Division at a price of $26.49 per share. As a result of the transaction, Carter David M now holds 103,430 shares, worth roughly $3.05 million.
B. Riley Securities downgraded its Kratos Defense & Security Solutions Inc [KTOS] rating to a Neutral from a a Buy in a research note published on October 30, 2024; the price target was increased to $26 from $24. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. JMP Securities began covering KTOS with “Mkt outperform” recommendation on May 28, 2024. Raymond James revised its rating on April 26, 2024. It rated KTOS as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of KTOS
On Monday, Kratos Defense & Security Solutions Inc [NASDAQ:KTOS] saw its stock jump 7.46% to $29.53. Over the last five days, the stock has gained 11.35%. Kratos Defense & Security Solutions Inc shares have risen nearly 11.94% since the year began. Nevertheless, the stocks have risen 59.36% over the past one year. While a 52-week high of $28.71 was reached on 01/06/25, a 52-week low of $16.71 was recorded on 01/02/25. SMA at 50 days reached $25.98, while 200 days put it at $22.23.
Levels Of Support And Resistance For KTOS Stock
The 24-hour chart illustrates a support level at 28.63, which if violated will result in even more drops to 27.74. On the upside, there is a resistance level at 30.19. A further resistance level may holdings at 30.85. The Relative Strength Index (RSI) on the 14-day chart is 67.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.70%. Stochastics %K at 64.76% indicates the stock is a holding.
How much short interest is there in Kratos Defense & Security Solutions Inc?
A steep rise in short interest was recorded in Kratos Defense & Security Solutions Inc stocks on 2024-12-13, dropping by -0.39 million shares to a total of 3.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.93 million shares. There was a decline of -11.06%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 20, 2023 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $17 price target.
