Director Jarvis Scot B of Kratos Defense & Security Solutions executed sales of common stock on January 28, 2026, disposing of 5,000 shares in multiple transactions, according to a recent SEC filing.
The shares traded at prices ranging from $117.67 to $118.93. The filing breaks the sales into two weighted averages: 4,100 shares at a weighted average price of $118.1368, and 900 shares at a weighted average price of $118.9103. The combined proceeds from the disposals total $591,380.
Following the transactions, Jarvis Scot B directly holds 100,417 shares of Kratos Defense & Security Solutions. The sales were conducted pursuant to a 10b5-1 trading plan that the reporting person adopted on September 15, 2025.
Separately from the insider activity, the company has expanded its physical manufacturing capacity. Kratos opened a new 55,000-square-foot manufacturing and payload integration facility in Princess Anne, Maryland. The company said the facility will support hypersonic testing operations for the Multi-Service Advanced Capability Hypersonics Test Bed (MACH-TB) 2.0 program. The facility is also intended to serve other customers, including the U.S. Navy, U.S. Air Force, the Defense Advanced Research Projects Agency (DARPA), and the Missile Defense Agency.
Market analysts have adjusted their price targets for Kratos in light of order momentum and program progress. Stifel raised its price target to $134 from $112 and maintained a Buy rating, citing order momentum in the company’s Valkyrie drone business and progress on the MACH-TB program. Citizens lifted its target to $125 from $105 and kept a Market Outperform rating, noting Kratos’s role as a key subcontractor on Northrop Grumman’s U.S. Marine Corps Collaborative Combat Aircraft contract.
The reporting also notes that Northrop Grumman, in collaboration with Kratos, secured the Marine Air-Ground Task Force Uncrewed Expeditionary Tactical Aircraft contract, a program to develop uncrewed aircraft designed to operate alongside crewed fighters.
On corporate policy, Kratos has signaled support for prioritizing defense capability investments over share buybacks. The company emphasized a preference to reinvest profits into technology development rather than execute stock buybacks or pay dividends, aligning with President Trump’s defense reinvestment policy referenced in company communications.
Valuation data included in the filing materials shows a divergence of views: according to InvestingPro, KTOS appears significantly overvalued relative to its Fair Value estimate, with the stock trading at an extremely high price-to-earnings ratio of 813.
This combination of insider sales under a pre-established plan, capital expenditure in manufacturing and integration, analyst price-target increases, and noted valuation metrics provides a cross-section of corporate activity and market assessment for Kratos at this point in the company’s operating cycle.