MarketBeat Earnings
Insider Selling: Kratos Defense & Security Solutions (NASDAQ:KTOS) CEO Sells 300,000 Shares of Stock
Kratos Defense & Security Solutions (NASDAQ:KTOS) CEO Eric DeMarco sold 300,000 shares of the company's stock for approximately $19.3 million on August 14th. This transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his direct ownership by 28.26%. The sale occurred after Kratos reported stronger-than-expected quarterly results, with revenue up 30.5% year over year and EPS of $0.21.