BofA: Investors pour into bonds, pull back from crypto
Marie Mendoza, SVP & General Counsel at Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), sold 2000 shares of common stock on July 15, 2025, for approximately $101941. The sales were executed in multiple transactions at prices ranging from $50.9284 to $51.78.
The transaction was executed under a pre-arranged 10b5-1 trading plan that Ms. Mendoza adopted on March 17, 2025. Following the reported transactions, Ms. Mendoza directly owns 65,535 shares of Kratos Defense & Security Solutions, Inc. This includes 2,144 shares purchased through the company’s Employee Stock Purchase Plan and approximately 14,398 shares held through the company’s 401(k) Plan.
In other recent news, Kratos Defense & Security Solutions has been in the spotlight with several key developments. The U.S. Marine Corps announced that the XQ-58 Valkyrie drone, developed by Kratos, will transition into a Program of Record and move into production. This decision is expected to positively impact Kratos’ financial outlook, as noted by Raymond (NSE:RYMD) James, which reiterated its Strong Buy rating and $40 price target for the company. Additionally, Kratos successfully demonstrated an end-to-end 5G Non-Terrestrial Network in collaboration with Intelsat, highlighting advancements in integrating terrestrial and space networks.
Cantor Fitzgerald has reiterated its Overweight rating on Kratos, maintaining a $60 price target and identifying potential catalysts such as X-58 scaling and microwave electronics opportunities. Noble Capital also raised its price target for Kratos to $60, citing significant growth opportunities and the company’s recent capital raise as factors for its positive outlook. The firm maintained an Outperform rating, emphasizing Kratos’ potential in both defense and commercial sectors. Furthermore, a report from Fox News indicated an increase in drone production orders from the Pentagon, which has contributed to a surge in drone-related stocks, including Kratos.
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