KTOS President Phillip D Carrai Sells $259K of Stock
Kratos Defense & Security Solutions, Inc. president Phillip D Carrai sold 6,500 shares on October 15, 2026, lowering his stake by about 3.7%.
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Phillip D Carrai, President, STC Division at Kratos Defense & Security Solutions, Inc. ($KTOS), sold 6,500 shares at an average price of $39.86, worth about $259,116.65, on October 15, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $KTOS is down 0.8% to date (from the $40.74 close on Oct 15, 2026).
KTOS
Kratos Defense & Security Solutions, Inc.
Key Points
- Kratos Defense & Security Solutions, Inc. president Phillip D Carrai sold 6,500 shares on October 15, 2026, at an average price of $39.86.
- After the trade, Phillip D Carrai holds 169,196 $KTOS shares, down 3.70% from before the trade.
- Institutional investors adjusted positions earlier in the year, with First Trust Advisors LP growing its stake to over 6 million shares.
- Wall Street firms including Guggenheim, Jefferies, Rothschild & Co, Barclays, and Goldman Sachs maintain upbeat ratings ahead of November earnings.
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On October 15, 2026, Phillip D Carrai, President of the STC Division at Kratos Defense & Security Solutions, Inc. (NasdaqGS: KTOS), sold 6,500 shares of company stock. According to a Form 4 filed with the SEC, the transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Inside Phillip D Carrai's Kratos Defense Trade
Carrai sold the shares at an average price of $39.86, for a total value of $259,116.65. Following this planned sale, he directly holds 169,196 shares, which represents a 3.7% reduction in his personal holding. The stock closed at $40.74 on the transaction date. Kratos shares recently traded around $40.42.
Other Institutional Activity in Kratos Defense & Security Solutions, Inc.
Large financial firms have been shifting their holdings in the defense technology provider. First Trust Advisors LP grew its holdings by 3,314,284 shares, ending with 6,016,073 shares worth about $243,169,659. ARK Investment Management, LLC added 1,181,408 shares to finish with 4,672,566 shares valued at roughly $188,865,109. Hood River Capital Management LLC increased its stake by 423,195 shares, finishing with 3,137,727 shares worth approximately $126,826,919. Van Eck Associates Corporation trimmed its position by 114,764 shares, leaving it with 2,978,610 shares valued at about $120,395,410.
Kratos Defense & Security Solutions, Inc. Stock Up 2.8%
The company has a market cap of about $7.65 billion and a trailing P/E ratio of 239.65. Kratos is scheduled to report its next financial results on November 3, 2026.
Recent Earnings
The business generated $1.52 billion in trailing twelve-month revenue alongside basic trailing earnings per share of $0.17. It posted a net profit margin of 2.0% and a return on equity of 1.1%, while year-over-year revenue grew by 30.5%.
Insider Buying and Selling at Kratos Defense & Security Solutions, Inc.
Insiders executed several transactions prior to October. Officer Steven S Fendley sold 7,000 shares on August 24, 2026, for $393,120. Phillip D Carrai previously sold 6,500 shares on September 15, 2026, for $310,901. General Counsel Marie C Mendoza sold 1,000 shares on September 15, 2026, valued at $48,500. Chief Financial Officer Deanna Hom Lund sold 7,000 shares on September 21, 2026, totaling $341,474.
Analysts Set New Price Targets
Wall Street firms updated their views on the defense contractor ahead of its upcoming updates. On September 15, 2026, Guggenheim initiated a buy rating with a $74 price target. Jefferies maintained a buy rating on October 1, 2026, moving its target from $80 to $68. Rothschild & Co initiated a buy rating on October 6, 2026, with a $70 target. Barclays initiated an overweight rating on October 9, 2026, setting a $90 target. Goldman Sachs maintained a buy rating on October 12, 2026, adjusting its target from $88 to $77. The stock holds a strong buy consensus overall from 24 analysts, with a mean price target of $98.33.
About Kratos Defense & Security Solutions, Inc.
Headquartered in San Diego, California, Kratos builds specialized technology, hardware, and software for national security, defense, and commercial clients. Its operations span unmanned systems and government solutions.
Bottom Line
Carrai's planned sale reduces his direct stake slightly while broader institutional interest remains active. Investors will look toward the November 3 earnings release for further updates on the company's financial trajectory.
Related Filing Alerts
Source: Phillip D Carrai's Form 4 filing on $KTOS (Oct 15, 2026). Read the original filing: Form 4 filing on SEC EDGAR. Written by software, not financial advice. How we make alerts