JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
SAN DIEGO—Thomas E. Mills IV, President of the C5ISR Division at Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), sold 5,786 shares of the company’s common stock on May 14. The shares were sold at an average price of $33.11, amounting to a total transaction value of $191,587. Following this sale, Mills holds 15,332 shares, including approximately 3,816 shares through the company’s 401(k) plan. The transaction was conducted as an open market sale in accordance with Kratos’ trading policies. The $5.4 billion market cap company maintains strong financial health with a current ratio of 2.84, though InvestingPro analysis suggests the stock is currently trading above its Fair Value. Investors can access 15 additional key insights and a comprehensive Pro Research Report covering KTOS on InvestingPro.
In other recent news, Kratos Defense & Security Solutions has reported its first quarter 2025 earnings, revealing a significant revenue achievement of $302.6 million, which surpassed the projected range of $285 million to $295 million. The company’s adjusted EBITDA also exceeded forecasts, reaching $26.7 million. Kratos has seen notable progress in its hypersonic and drone segments, which are expected to drive future growth. The company anticipates a 10% organic revenue growth for the remainder of 2025, with projections increasing to 13-15% for 2026.
Analysts have taken note of Kratos’ performance, with discussions around their strategic partnerships and new opportunities in air defense and missile systems. The company has highlighted its strong demand in these areas, supported by a robust opportunity pipeline valued at $12.6 billion. Despite these positive financial results, Kratos’ stock experienced a minor decline in both regular and aftermarket trading. Looking forward, the company remains focused on its hypersonic franchise as a primary growth driver, with CEO Eric DeMarco emphasizing its importance for Kratos’ future financial performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.