Kratos (NASDAQ:KTOS) stock fell 3% as CEO Eric DeMarco sold $16.1 million worth of shares, triggering concerns among investors. The shares closed at $79.97, down 2.8%. Despite this, the market seems to view the news as significant but not altering its overall perception of the business. Kratos has been volatile, with 39 moves greater than 5% in the past year. An analyst’s positive coverage had boosted the stock by 6.7% two days prior. The company is up 202% YTD but still 24.6% below its 52-week high. Consider Kratos as a potential growth opportunity in the aerospace and defense sector.

Read more at MarketWatch: Why Kratos (KTOS) Stock Is Down Today