Insider Acquisition: Scot Jarvis Obtained 25,000 Shares of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS)

November 28, 2016 - By Hazel Jackson

Insider Acquisition: Scot Jarvis Obtained 25,000 Shares of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS)

Scot Jarvis Insider Buy

As shown in an electronic report that has been filled with the U.S. Security and Exchange Commission on November 28, 2016, Scot Jarvis, director of Kratos Defense & Security Solutions Inc and a well informed person, made a purchase of 25,000 shares of the firm for around $150,000 U.S. Dollars based on an average price per share of $6.0. Now, he holds 85,200 shares or 0.14% of the company’s market cap (share price times the number of shares outstanding).

Insitutional Activity: The institutional sentiment increased to 1.36 in Q2 2016. Its up 0.26, from 1.1 in 2016Q1. The ratio improved, as 14 funds sold all Kratos Defense & Security Solutions, Inc shares owned while 27 reduced positions. 14 funds bought stakes while 31 increased positions. They now own 28.01 million shares or 5.63% more from 26.52 million shares in 2016Q1.

Manufacturers Life The, a Ontario – Canada-based fund reported 34,105 shares. Citigroup reported 9,441 shares or 0% of all its holdings. Invesco Ltd has 284,027 shares for 0% of their US portfolio. Weber Alan W has invested 0.44% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Swiss State Bank holds 76,100 shares or 0% of its portfolio. Pacific Ridge Cap Prtnrs Limited Liability Company, a Oregon-based fund reported 54,220 shares. Stevens Cap Mngmt Ltd Partnership accumulated 0% or 11,031 shares. Moreover, Great West Life Assurance Co Can has 0% invested in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 11,200 shares. Washington Trust National Bank & Trust holds 0% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 4,311 shares. D E Shaw And Company accumulated 0% or 140,075 shares. Moreover, Bogle Inv Mngmt L P De has 0.04% invested in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 143,788 shares. Moreover, Ladenburg Thalmann Financial Serv has 0% invested in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 150 shares. Springbok Capital Management Limited Liability has 31,076 shares for 0.02% of their US portfolio. Moreover, Kcg has 0% invested in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 21,874 shares. Dimensional Fund Advisors L P accumulated 4.67M shares or 0.01% of the stock.

Insider Transactions: Since August 9, 2016, the stock had 3 buys, and 0 sales for $1.21 million net activity. HOGLUND WILLIAM A also bought $884,010 worth of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) on Thursday, August 11. $49,470 worth of shares were bought by DEMARCO ERIC M on Tuesday, August 9.

The stock decreased 1.95% or $0.14 on November 25, hitting $7.04. Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has risen 37.50% since April 25, 2016 and is uptrending. It has outperformed by 31.49% the S&P500.

Kratos Defense & Security Solutions, Inc. offers various technologies, products and solutions focused on the United States and its allies’ national security. The company has a market cap of $498.34 million. The Company’s divisions include Kratos Government Solutions , Unmanned Systems (US) and Public Safety & Security (PSS). It currently has negative earnings. The KGS segment includes the activities of Defense Rocket Support Services (DRSS), Microwave Electronics Division (ME), Technical and Training Solutions (TTS), and Modular Systems (MS), which provide technology defense solutions, involving services and products, primarily for the United States National Security priorities.

According to Zacks Investment Research, “Kratos Defense & Security Solutions, Inc. is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs.”

Analysts await Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) to report earnings on March, 9. They expect $-0.05 EPS, down 600.00% or $0.06 from last year’s $0.01 per share. After $0.01 actual EPS reported by Kratos Defense & Security Solutions, Inc for the previous quarter, Wall Street now forecasts -600.00% negative EPS growth.

More notable recent Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) news were published by: Globenewswire.com which released: “Kratos Defense & Security Solutions, Inc. Announces Proposed Public Offering ..” on November 17, 2016, also Fool.com with their article: “Why Kratos Defense & Security Solutions, Inc Stock Surged 58% Higher in August” published on September 08, 2016, Fool.com published: “Better Buy: Kratos Defense & Security Solutions, Inc. vs. Leidos” on July 22, 2016. More interesting news about Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) were released by: Fool.com and their article: “Why Shares of Kratos Defense & Security Solutions, Inc. Popped 16.5% Today” published on July 11, 2016 as well as Fool.com‘s news article titled: “Why Shares of Kratos Defense & Security Solutions, Inc. Jumped 22% Today” with publication date: August 05, 2016.

KTOS Company Profile

Kratos Defense & Security Solutions, Inc., incorporated on July 7, 1997, offers various technologies, products and solutions focused on the United States and its allies’ national security. The Company’s divisions include Kratos Government Solutions (KGS), Unmanned Systems (US) and Public Safety & Security (PSS). The KGS segment includes the activities of Defense Rocket Support Services (DRSS), Microwave Electronics Division (ME), Technical and Training Solutions (TTS), and Modular Systems (MS), which provide technology defense solutions, involving services and products, primarily for the United States National Security priorities. The US segment includes its unmanned aerial, ground, seaborne and command, control and communications system business. The PSS segment provides independent integrated solutions for homeland security, public safety, critical infrastructure, and security and surveillance systems for government and commercial applications.

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