On September 3, 2024, Deanna Lund, Executive Vice President and Chief Financial Officer of Kratos Defense & Security Solutions Inc (NASDAQ:KTOS), sold 6,000 shares of the company. The transaction was executed at a price of $22.41 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 285,905 shares of the company.
Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) specializes in the advanced engineering and manufacturing of defense and security solutions, including unmanned systems, satellite communications, cyber security, and warfare, as well as missile and radar systems for national security and defense purposes.
Over the past year, Deanna Lund has sold a total of 48,000 shares and has not purchased any shares. This recent transaction follows a pattern observed in the insider transaction history for Kratos Defense & Security Solutions Inc, which shows a predominance of insider selling over buying. In the past year, there have been 54 insider sells and only 2 insider buys.
Shares of Kratos Defense & Security Solutions Inc were trading at $22.41 on the day of the sale, giving the company a market cap of approximately $3.30 billion. The price-earnings ratio of the company stands at 312.00, significantly above both the industry median of 33.83 and the company’s historical median.
The stock’s valuation, according to the GF Value, is set at $17.76, indicating that Kratos Defense & Security Solutions Inc is currently modestly overvalued with a price-to-GF-Value ratio of 1.26.
The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus based on the company’s past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors, especially in the context of the company’s valuation metrics and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
