Oklo stock tumbles as Financial Times scrutinizes valuation
Phillip D. Carrai, President of the STC Division at Kratos Defense & Security Solutions NASDAQ:KTOS, sold 6,000 shares of common stock on October 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold in multiple transactions with prices ranging from $95.7131 to $98.27, resulting in a total transaction value of $581388.
The filing indicates that the sales were executed under a pre-arranged 10b5-1 trading plan adopted by Carrai on November 15, 2024.
Following the transactions, Carrai directly owns 252,041 shares of Kratos common stock. The filing also states that he indirectly owns 46,644 shares held in trust. The stock currently trades at elevated multiples, with a P/E ratio of 877 and Price/Book of 7.6. For deeper insights into insider trading patterns and 15+ additional ProTips, consider accessing the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Kratos Defense & Security Solutions has been awarded a significant contract for the U.S. Navy’s AN/SPY-1 radar systems. This project, known as "Project Anaconda," has an initial projected ceiling of $175 million and is expected to support the radar systems through 2065. Meanwhile, several analysts have adjusted their ratings and price targets for Kratos. Stifel has raised its price target to $112, maintaining a Buy rating, citing the introduction of new multidecade franchises. Canaccord Genuity also increased its price target to $120, continuing to recommend a Buy rating. Conversely, B.Riley downgraded Kratos from Buy to Neutral, although it raised the price target to $105, expressing concerns over the company’s valuation. Additionally, Citizens JMP raised its price target to $105, following discussions with Kratos personnel at the Miramar Air Show. These developments reflect Kratos’s expanding opportunities and the varied perspectives of analysts regarding its financial outlook.
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