AeroVironment (NASDAQ:AVAV) Director Stephen Page Sells 250 Shares

AeroVironment, Inc. (NASDAQ:AVAV) Director Stephen Page sold 250 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $162.31, for a total value of $40,577.50. Following the sale, the director directly owned 49,251 shares of the company’s stock, valued at approximately $7,993,929.81. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

AeroVironment Stock Up 2.2%

AVAV stock traded up $3.53 during mid-day trading on Monday, hitting $161.53. The stock had a trading volume of 663,059 shares, compared to its average volume of 1,611,258. The company has a current ratio of 5.51, a quick ratio of 4.54 and a debt-to-equity ratio of 0.17. AeroVironment, Inc. has a 1-year low of $156.00 and a 1-year high of $417.86. The company has a fifty day moving average of $193.20 and a 200 day moving average of $254.49. The stock has a market capitalization of $8.07 billion, a price-to-earnings ratio of -37.22, a PEG ratio of 2.17 and a beta of 1.35.

AeroVironment (NASDAQ:AVAV) last issued its earnings results on Tuesday, March 10th. The aerospace company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.04). AeroVironment had a positive return on equity of 3.26% and a negative net margin of 13.93%.The firm had revenue of $408.05 million during the quarter, compared to analyst estimates of $487.94 million. During the same period in the previous year, the company earned $0.30 earnings per share. The business’s revenue for the quarter was up 143.4% on a year-over-year basis. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. On average, equities analysts expect that AeroVironment, Inc. will post 2.94 EPS for the current fiscal year.

Institutional Trading of AeroVironment

Hedge funds have recently added to or reduced their stakes in the business. AlphaQuest LLC bought a new stake in AeroVironment during the 3rd quarter valued at approximately $25,000. Tema Etfs LLC bought a new stake in AeroVironment during the 4th quarter valued at approximately $26,000. Hilton Head Capital Partners LLC bought a new stake in AeroVironment during the 4th quarter valued at approximately $26,000. TD Waterhouse Canada Inc. boosted its stake in AeroVironment by 100.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 40 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in AeroVironment during the 1st quarter valued at approximately $28,000. Institutional investors own 86.38% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AVAV. Jefferies Financial Group dropped their target price on AeroVironment from $390.00 to $305.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. Needham & Company LLC lowered their price objective on AeroVironment from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. UBS Group lowered their price objective on AeroVironment from $259.00 to $236.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Weiss Ratings lowered AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 9th. Finally, Canaccord Genuity Group lowered their price objective on AeroVironment from $330.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, March 12th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $318.78.

About AeroVironment

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.