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B. Riley Securities upgrades Kratos Defense & Security Solutions Inc (KTOS) stock to a Buy

Kratos Defense & Security Solutions Inc’s filing revealed that its SVP & General Counsel Mendoza Marie unloaded Company’s shares for reported $49950.0 on Jan 15 ’25. In the deal valued at $33.30 per share,1,500 shares were sold. As a result of this transaction, Mendoza Marie now holds 61,782 shares worth roughly $2.11 million.

Then, MARIE C MENDOZA bought 1,500 shares, generating $49,950 in total proceeds.

Before that, Rock Stacey G sold 4,000 shares. Kratos Defense & Security Solutions Inc shares valued at $115,837 were divested by the President, KTT Division at a price of $28.96 per share. As a result of the transaction, Rock Stacey G now holds 57,267 shares, worth roughly $1.95 million.

B. Riley Securities upgraded its Kratos Defense & Security Solutions Inc [KTOS] rating to a Buy from a a Neutral in a research note published on January 13, 2025; the price target was increased to $35 from $26. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Neutral”. BTIG Research began covering KTOS with “Neutral” recommendation on June 26, 2024. JMP Securities started covering the stock on May 28, 2024. It rated KTOS as “a Mkt outperform”.

Price Performance Review of KTOS

On Friday, Kratos Defense & Security Solutions Inc [NASDAQ:KTOS] saw its stock fall -1.27% to $34.13. Over the last five days, the stock has gained 1.55%. Kratos Defense & Security Solutions Inc shares have risen nearly 29.38% since the year began. Nevertheless, the stocks have risen 88.98% over the past one year. While a 52-week high of $35.66 was reached on 01/22/25, a 52-week low of $16.71 was recorded on 01/02/25. SMA at 50 days reached $28.08, while 200 days put it at $23.10.

Levels Of Support And Resistance For KTOS Stock

The 24-hour chart illustrates a support level at 33.80, which if violated will result in even more drops to 33.46. On the upside, there is a resistance level at 34.66. A further resistance level may holdings at 35.18. The Relative Strength Index (RSI) on the 14-day chart is 70.45, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.57, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.52%. Stochastics %K at 88.18% indicates the stock is a selling.

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 2024-12-31, growing by 0.45 million shares to a total of 3.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.45 million shares. There was a rise of 11.65%, which implies that there is a positive sentiment for the stock.

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