Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) is Attracting Smart Money

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) reported that Integrated Core Strategies (us) Llc. has picked up 2,695,415 of common stock as of 2017-03-24.

The acquisition brings the aggregate amount owned by Integrated Core Strategies (us) Llc. to a total of 2,695,415 representing a 3.1% stake in the company.

For those not familiar with the company, Kratos Defense & Security Solutions, Inc. offers various technologies, products and solutions focused on the United States and its allies’ national security. The Company’s segments include Kratos Government Solutions (KGS), Unmanned Systems (US) and Public Safety & Security (PSS). The KGS segment includes the operations of Defense Rocket Support Services (DRSS), Microwave Electronics Division (ME), Technical and Training Solutions (TTS), and Modular Systems (MS), which provide technology-based defense solutions, involving products and services, 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.

A glance at Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS)’s key stats reveals a current market capitalization of 612.88 Million based on 74.53 Million shares outstanding and a price at last close of $8.01 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-07, Carano picked up 275,862 at a purchase price of $7.25. This brings their total holding to 13,540,305 as of the date of the filing.

On the sell side, the most recent transaction saw Jarvis unload 2,500 shares at a sale price of $10.00. This brings their total holding to 604,012.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) as things move forward to see if its progress aligns with these transactions.

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