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 $172,119 were sold by Fendley Steven S. on Feb 24 ’25. At $24.59 per share, Fendley Steven S. sold 7,000 shares. The insider’s holdings dropped to 370,660 shares worth approximately $9.25 million following the completion of this transaction.
Also, Fendley Steven S. purchased 7,000 shares, netting a total of over 172,119 in proceeds.
Before that, MILLS THOMAS E IV had sold 8,637 shares from its account. In a trade valued at $234,443, the President, C5ISR Division traded Kratos Defense & Security Solutions Inc shares for $27.14 each. Upon closing the transaction, the insider’s holdings decreased to 8,637 shares, worth approximately $0.3 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 -7.04%. Over the course of the year, Kratos Defense & Security Solutions Inc shares have dropped approximately -5.38%. Shares of the company reached a 52-week high of $35.66 on 01/22/25 and a 52-week low of $23.90 on 02/24/25. A 50-day SMA is recorded $29.68, while a 200-day SMA reached $24.43. Nevertheless, trading volume fell to 2.56 million shares from 2.93 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 24.54, which, if violated, would cause prices to drop to 24.13. In the upper region, resistance lies at 25.44. The next price resistance is at 25.93. RSI (Relative Strength Index) is 28.52 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.50, which suggests the price will decrease in the coming days. Percent R is at 89.86%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
