The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Kratos Defense & Security Solutions Inc shares valued at $232,092 were sold by Fendley Steven S. on Jan 27 ’25. At $33.16 per share, Fendley Steven S. sold 7,000 shares. The insider’s holdings dropped to 365,461 shares worth approximately $11.97 million following the completion of this transaction.
Also, Fendley Steven S. purchased 7,000 shares, netting a total of over 232,092 in proceeds.
Before that, Mendoza Marie had sold 1,500 shares from its account. In a trade valued at $49,950, the SVP & General Counsel traded Kratos Defense & Security Solutions Inc shares for $33.30 each. Upon closing the transaction, the insider’s holdings decreased to 1,500 shares, worth approximately $2.02 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 drop of approximately -6.29%. Over the course of the year, Kratos Defense & Security Solutions Inc shares have jumped approximately 24.15%. Shares of the company reached a 52-week high of $35.66 on 01/22/25 and a 52-week low of $26.15 on 01/02/25. A 50-day SMA is recorded $28.44, while a 200-day SMA reached $23.33. Nevertheless, trading volume fell to 2.21 million shares from 2.08 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 32.21, which, if violated, would cause prices to drop to 31.66. In the upper region, resistance lies at 33.48. The next price resistance is at 34.21. RSI (Relative Strength Index) is 60.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.25, which suggests the price will decrease in the coming days. Percent R is at 35.14%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
