{
  "id": 2270870,
  "title": "Kratos Defense director Scot Jarvis sells $634,961 in KTOS",
  "url": "https://urgent.news/2026/08/21/kratos-defense-director-scot-jarvis-sells-634-961-in-ktos",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T01:31:01.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/kratos-defense-director-scot-jarvis-sells-634961-in-ktos-93CH-4870740"
  },
  "original_language": "en",
  "account": "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.\n\nNow, 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.",
  "summary": null,
  "key_points": [
    "Scot Jarvis sold 10,000 KTOS shares for $634,961 on August 18, 2026",
    "KTOS stock value declined 41% to $56.18 since the sale",
    "Analysts revise Kratos' full-year organic revenue growth forecast to 19%-23%"
  ],
  "editors_take": "The sale of shares by Kratos Defense director Scot Jarvis comes as analysts revise upward their growth forecasts for the company following its strong quarterly results that exceeded market expectations.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}