391,316 Shares in AeroVironment, Inc. $AVAV Acquired by Norges Bank

Norges Bank acquired a new position in AeroVironment, Inc. (NASDAQ:AVAV) in the 4th quarter, Holdings Channel reports. The firm acquired 391,316 shares of the aerospace company’s stock, valued at approximately $94,655,000.

Several other hedge funds have also modified their holdings of AVAV. ARK Investment Management LLC raised its holdings in AeroVironment by 28.9% during the third quarter. ARK Investment Management LLC now owns 400,457 shares of the aerospace company’s stock worth $126,100,000 after buying an additional 89,697 shares during the last quarter. State of Michigan Retirement System acquired a new stake in shares of AeroVironment in the 3rd quarter worth about $2,393,000. F m Investments LLC bought a new position in AeroVironment in the 4th quarter valued at about $1,775,000. Keystone Investors PTE Ltd. acquired a new position in AeroVironment during the 3rd quarter valued at about $2,355,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in AeroVironment by 92.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 20,173 shares of the aerospace company’s stock worth $5,168,000 after purchasing an additional 9,675 shares in the last quarter. 86.38% of the stock is currently owned by institutional investors and hedge funds.

AeroVironment Stock Performance

NASDAQ:AVAV opened at $185.92 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.51 and a quick ratio of 4.54. The company has a market capitalization of $9.28 billion, a P/E ratio of -42.84, a P/E/G ratio of 2.80 and a beta of 1.35. AeroVironment, Inc. has a 1 year low of $156.00 and a 1 year high of $417.86. The business has a fifty day simple moving average of $184.91 and a two-hundred day simple moving average of $238.46.

AeroVironment (NASDAQ:AVAV) last posted 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 business had revenue of $408.05 million during the quarter, compared to analysts’ expectations of $487.94 million. During the same quarter in the previous year, the business earned $0.30 EPS. AeroVironment’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, analysts expect that AeroVironment, Inc. will post 2.94 earnings per share for the current year.

Insider Activity at AeroVironment

In other news, CAO Brian Charles Shackley sold 200 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $212.52, for a total value of $42,504.00. Following the transaction, the chief accounting officer owned 5,794 shares of the company’s stock, valued at approximately $1,231,340.88. This represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Kevin Patrick Mcdonnell sold 396 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $224.55, for a total value of $88,921.80. Following the transaction, the chief financial officer directly owned 16,026 shares of the company’s stock, valued at $3,598,638.30. The trade was a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,346 shares of company stock valued at $274,456. Corporate insiders own 0.81% of the company’s stock.

AeroVironment News Summary

Here are the key news stories impacting AeroVironment this week:

• Negative Sentiment: Multiple law firms announced or reiterated securities class-action claims against AeroVironment, saying investors who bought shares between June 25, 2025 and March 10, 2026 may pursue recovery, with a lead-plaintiff deadline of July 27, 2026. Article: AVAV Investors Have Opportunity to Lead AeroVironment, Inc. Securities Fraud Lawsuit with the Schall Law Firm
• Negative Sentiment: The complaints allege AeroVironment and certain executives made false or misleading statements, including claims tied to the company’s $1.7 billion SCAR contract, which raises uncertainty and potential legal costs. Article: SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of July 27, 2026 in AeroVironment, Inc. Lawsuit – AVAV
• Neutral Sentiment: Additional firms, including Faruqi & Faruqi, Rosen, Pomerantz, Robbins Geller, Berger Montague, and others, issued investor alerts about the same lawsuit, extending the news flow but adding little new business information. Article: AVAV INVESTOR ACTION: Faruqi & Faruqi, LLP Reminds AeroVironment (AVAV) Investors of Securities Class Action Deadline on July 27, 2026
• Neutral Sentiment: A market note also said AeroVironment and peer Kratos Defense were trading lower, likely reflecting broader weakness in defense-drone names alongside the lawsuit headlines. Article: AeroVironment and Kratos stocks trade down, what you need to know

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AVAV. Clear Str upgraded AeroVironment to a “strong-buy” rating in a report on Wednesday, April 29th. Needham & Company LLC lowered their target price on shares of AeroVironment from $450.00 to $400.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. Citizens Jmp dropped their price target on shares of AeroVironment from $400.00 to $350.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 11th. Canaccord Genuity Group reduced their price objective on shares of AeroVironment from $330.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Finally, JPMorgan Chase & Co. initiated coverage on shares of AeroVironment in a research note on Tuesday, February 17th. They issued an “overweight” rating and a $320.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $318.78.

AeroVironment Company Profile

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.