Kratos SVP Mendoza sells $137k in shares

Published 16/08/2025, 01:38
Kratos SVP Mendoza sells $137k in shares

Marie Mendoza, SVP & General Counsel at Kratos Defense & Security Solutions (NASDAQ:KTOS), sold 2,000 shares of common stock on August 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, executed under a pre-arranged 10b5-1 trading plan, totaled $136,708.

The shares were sold in three separate transactions. In the first transaction, 300 shares were sold at a weighted average price of $67.63, in a range from $67.13 to $68.09. The second transaction involved the sale of 1,600 shares at a weighted average price of $68.4259, in a range from $68.14 to $68.73. The final transaction saw 100 shares sold at $69.38. According to InvestingPro analysis, KTOS currently trades at a P/E ratio of 722x, suggesting significant premium valuation.

Following the transactions, Mendoza directly owns 63,357 shares of Kratos Defense & Security Solutions. This includes 2,144 shares purchased through the company’s Employee Stock Purchase Plan and approximately 14,220 shares held through the company’s 401(k) Plan.

In other recent news, Kratos Defense & Security Solutions reported impressive second-quarter financial results, with revenue reaching $351.5 million, surpassing analyst expectations of $306.5 million by 15%. The company also achieved organic growth of 15.2%, contrasting with the flat growth anticipated by Wall Street analysts, and reported adjusted EBITDA of $28.3 million, exceeding forecasts of $24 million. Following these strong earnings, Raymond James doubled its price target for Kratos Defense to $80.00 from $40.00 and maintained a Strong Buy rating. In addition, BTIG upgraded Kratos Defense from Neutral to Buy, citing the company’s involvement in the Marine Corps’ MUX TACAIR program as a significant development. Noble Capital also raised its price target for the company to $75.00 from $60.00, highlighting the strong performance of Kratos shares this year. In other developments, Kratos Defense launched a redesigned corporate website, introducing a new brand tagline, "Readiness Delivered," which emphasizes the company’s focus on providing affordable defense systems. These recent updates reflect the company’s ongoing strategic initiatives and financial performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.