Monitor next 10-K/10-Q for any guidance revision or contract update. The US Division President's $1.93M sale is large in absolute terms but routine relative to market cap. No immediate bearish read-through — cluster sales are not predictive per academic literature.
Price Chart
Executive Summary
Three senior executives at Kratos Defense & Security Solutions sold a total of $2.14M in open-market shares over a 7-day window, led by the President of the US Division ($1.93M). The sales are notable in absolute dollar terms but represent only ~0.02% of the company's $10.6B market cap, well below the 0.1% materiality threshold. Historical calibration shows cluster sales are not amplified for informativeness, and the company has strong analyst consensus (82% bullish). The insider activity is likely liquidity-driven (blackout window, 10b5-1 plan) rather than signaling a bearish view.
Key Financial Metrics
Key Facts
- Three senior insiders sold $2.14M total in open-market sales over 7 days
- President of US Division (Fendley) sold $1.93M — 90% of total cluster value
- Sales represent ~0.02% of $10.6B market cap — below 0.1% materiality threshold
- No insider purchases in the cluster — all sales are open-market (S code)
- Company has 82% analyst bullish consensus (9 Strong Buy, 14 Buy, 5 Hold)
Financial Impact
Total open-market sales of $2.14M, ~0.02% of $10.6B market cap
Risk Factors
- Insider sales could precede negative news if part of a 10b5-1 plan with upcoming blackout
- No purchases to offset — one-sided selling pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-KTOS-1781742076344 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | Insider Cluster | $53.69 $47.02 | ▼ −12.42% | ▼ −11.91% | $43.07 (−19.78%) |
Aug 20, 2026 6w ago | Insider Cluster | $57.17 $47.46 | ▲ +16.98% | ▲ +16.71% | $43.07 (+24.66%) |
Aug 19, 2026 6w ago | Insider Cluster | $56.18 $47.46 | ▼ −15.52% | ▼ −15.52% | $43.07 (−23.34%) |
Aug 17, 2026 6w ago | 144 | $61.99 $47.59 | ▼ −23.23% | ▼ −21.92% | $43.07 (−30.52%) |
Aug 17, 2026 6w ago | Press Release | $63.29 $47.62 | ▼ −24.76% | ▼ −22.78% | $43.07 (−31.95%) |
Aug 7, 2026 7w ago | Insider Cluster | $62.42 $48.20 | ▼ −22.78% | ▼ −21.87% | $43.07 (−31.00%) |
Jul 17, 2026 10w ago | Insider Cluster | $45.94 $63.29 | ▲ +37.77% | ▲ +33.65% | $43.07 (−6.25%) |
Jul 17, 2026 10w ago | Insider Cluster | $45.94 $63.29 | ▲ +37.77% | ▲ +33.65% | $43.07 (−6.25%) |
Jul 10, 2026 11w ago | Insider Cluster | $46.96 $62.42 | ▲ +32.92% | ▲ +29.74% | $43.07 (−8.28%) |
Jul 2, 2026 13w ago | Insider Cluster | $55.35 $46.17 | ▼ −16.59% | ▼ −16.17% | $43.07 (−22.19%) |
US Market Status
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