The President & CEO of Kratos Defense (KTOS) is Buying Shares


Today, the President & CEO of Kratos Defense (NASDAQ: KTOS), Eric Demarco, bought shares of KTOS for $24.99K.

This recent transaction increases Eric Demarco’s holding in the company by 2.55% to a total of $6.32 million. In addition to Eric Demarco, one other KTOS executive reported Buy trades in the last month.

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Currently, Kratos Defense has an average volume of 97.11K.

Starting in February 2018, KTOS received 16 Buy ratings in a row. Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $15.00, reflecting a -24.5% downside. Five different firms, including B.Riley FBR and Canaccord Genuity, currently also have a Buy rating on the stock.

The insider sentiment on Kratos Defense has been positive according to 54 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Eric Demarco’s trades have generated a -1.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Kratos Defense & Security Solutions, Inc. engages in the provision of technology systems to the U.S. Department of Defense. It operates through the following segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security.

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