Insider Sell: President of US Division Steven Fendley Sells 7,000 Shares of Kratos Defense ...
Steven Fendley, President of the US Division at Kratos Defense & Security Solutions Inc (NASDAQ:KTOS), sold 7,000 shares of the company on February 26, 2024, according to a recent SEC filing.Kratos Defense & Security Solutions Inc is a company that specializes in advanced engineering, manufacturing, and national security solutions. It focuses on developing transformative, affordable technology, platforms, and systems for United States National Security related customers, allies, and commercial enterprises.Steven Fendleys transaction history over the past year shows that the insider has sold a total of 109,000 shares and has not made any purchases of the company's stock.The insider transaction history for Kratos Defense & Security Solutions Inc indicates a pattern of insider sales, with 39 insider sells recorded over the past year and no insider buys during the same period.
On the day of the insider's recent sale, shares of Kratos Defense & Security Solutions Inc were trading at $18.24, giving the company a market cap of $2.737 billion.The stock's valuation, according to the GuruFocus Value, stands at $18.52 per share, resulting in a price-to-GF-Value ratio of 0.98. This suggests that Kratos Defense & Security Solutions Inc is fairly valued based on its GF Value.
The GF Value is determined by considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
