Kratos Defense Shares Rise After Analyst Upgrades Amid CFO Insider Sale

Chief Financial Officer Deanna Lund of Kratos Defense & Security Solutions sold 5,000 shares for $242,750 under a pre‑arranged Rule 10b5‑1 trading plan, cutting her stake by about 1.75% to 280,487 shares. The company reported a strong quarter, posting earnings of $0.21 per share versus the $0.14 consensus and revenue of $458.8 million, up 30.5% year‑over‑year.

Following the earnings release, Kratos stock climbed about 3.7% after BTIG Research raised its price target to $104 and issued a buy rating. Other analysts also upgraded the stock: ClearStr moved to a strong‑buy, Piper Sandler upgraded to overweight with a $75 target, Canaccord Genuity raised its target to $130, BNP Paribas Exane lifted its target to $85, and Citigroup reaffirmed a market‑outperform rating. Trading volume surged, with the share price reaching as high as $59.10 during the session.