Kratos Defense director Scot Jarvis sells $634,961 in KTOS

On August 18, 2026, Scot B. Jarvis, a director at Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), sold 10,000 shares of the company's common stock for a total of $634,961. The transaction, an open market sale in line with the company's trading protocols, took place at a weighted average price of $63.4961 per share, with individual trades priced between $63.49 and $63.50. Since the sale, the stock's value has dropped to $56.18, marking a decline of over 41% over the past six months, as per InvestingPro data.

Now, Mr. Jarvis personally owns 65,123 shares of the company. Meanwhile, Kratos Defense & Security Solutions reported robust second-quarter results that exceeded market expectations. The company posted adjusted earnings per share of $0.21, surpassing consensus estimates of $0.16, and reported revenue of approximately $459 million, reflecting a 19.1% organic growth compared to the previous year.

This strong performance has prompted analysts to revise their full-year organic revenue growth forecast upward to 19% to 23%, from the previous range of 15% to 20%. Canaccord raised its price target to $135, while maintaining a Buy rating, noting significant margin overestimates in revenue and adjusted EBITDA. Stifel lowered its price target to $115, citing foreign exchange challenges, but also kept a Buy rating due to strong revenue forecasts.

Citizens maintained a Market Outperform rating with a $105 target, acknowledging the company's solid performance. Piper Sandler upgraded Kratos to Overweight from Neutral, noting improved visibility on near-term growth and confidence in the company's trajectory for the next year. The company's plans for expanding production capacity and its $15 billion bid-and-proposal pipeline were highlighted as positive factors for future success.