Kratos Defense & Security Solutions (NASDAQ:KTOS) Shares Down 5.7% - Here's What Happened

Market Beat
2025.02.16 18:09
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Kratos Defense & Security Solutions (NASDAQ:KTOS) shares fell 5.7% to $29.24 amid mid-day trading, with a significant drop in trading volume. Analysts have mixed ratings, with Jefferies raising the target price to $30 and B. Riley upgrading to a buy rating with a target of $35. Insider selling has been noted, with VP Maria Cervantes and CFO Deanna H. Lund reducing their stakes. Institutional investors hold 75.92% of the stock, reflecting ongoing interest despite recent price declines.