Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Kratos Defense & Security Solutions Inc shares valued at $49,950 were purchased by MARIE C MENDOZA on Jan 15 ’25. At $33.30 per share, MARIE C MENDOZA acquired 1,500 shares.
Also, Rock Stacey G sold 4,000 shares, netting a total of over 115,837 in proceeds. Following the sale of shares at $28.96 each, the insider now holds 57,267 shares.
Before that, Cervantes de Burgreen Maria had sold 19,528 shares from its account. In a trade valued at $585,840, the VP & Corp. Controller traded Kratos Defense & Security Solutions Inc shares for $30.00 each. Upon closing the transaction, the insider’s holdings decreased to 19,528 shares, worth approximately $1.74 million.
As published in a research note from B. Riley Securities on January 13, 2025, Kratos Defense & Security Solutions Inc [KTOS] has been rated up from a Neutral to a Buy and the price target has been revised to $35 from $26. Analysts at B. Riley Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late October. As of June 26, 2024, BTIG Research has initiated its “Neutral” rating for KTOS. Earlier on May 28, 2024, JMP Securities initiated its rating. Their recommendation was “a Mkt outperform” for KTOS stock.
Analyzing KTOS Stock Performance
During the last five days, there has been a surge of approximately 19.01%. Over the course of the year, Kratos Defense & Security Solutions Inc shares have jumped approximately 29.08%. Shares of the company reached a 52-week high of $34.33 on 01/15/25 and a 52-week low of $26.15 on 01/02/25. A 50-day SMA is recorded $26.82, while a 200-day SMA reached $22.62. Nevertheless, trading volume fell to 4.03 million shares from 2.92 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 33.14, which, if violated, would cause prices to drop to 32.24. In the upper region, resistance lies at 34.64. The next price resistance is at 35.24. RSI (Relative Strength Index) is 78.31 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.94, which suggests the price will increase in the coming days. Percent R is at 3.22%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
