AeroVironment, Inc. $AVAV Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 177.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,300 shares of the aerospace company’s stock after acquiring an additional 4,030 shares during the quarter. International Assets Investment Management LLC’s holdings in AeroVironment were worth $884,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of AVAV. Pekin Hardy Strauss Inc. increased its stake in AeroVironment by 37.9% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 56,811 shares of the aerospace company’s stock worth $8,080,000 after purchasing an additional 15,606 shares during the period. Kestra Advisory Services LLC lifted its position in AeroVironment by 52.4% in the third quarter. Kestra Advisory Services LLC now owns 14,469 shares of the aerospace company’s stock valued at $2,058,000 after purchasing an additional 4,976 shares during the last quarter. B&D White Capital Company LLC boosted its stake in shares of AeroVironment by 759.4% during the third quarter. B&D White Capital Company LLC now owns 59,300 shares of the aerospace company’s stock valued at $8,434,000 after purchasing an additional 52,400 shares during the period. Southern Financial Group LLC boosted its stake in shares of AeroVironment by 20.0% during the third quarter. Southern Financial Group LLC now owns 1,479 shares of the aerospace company’s stock valued at $210,000 after purchasing an additional 246 shares during the period. Finally, Integrity Alliance LLC. purchased a new stake in shares of AeroVironment during the third quarter valued at approximately $290,000. 86.38% of the stock is currently owned by institutional investors.

Key Headlines Impacting AeroVironment

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: AeroVironment announced a multiyear IDIQ contract with a ceiling of $940 million, including an initial award of about $315 million for product deliveries and support through its AxS segment. The initial award provides near-term business, while the full contract ceiling represents potential orders rather than guaranteed revenue. Contract announcement
• Positive Sentiment: The award helped lift AVAV and other drone stocks, with investors viewing it as evidence of continued demand for defense and unmanned-system capabilities after a difficult period for the stock. Coverage of the stock reaction
• Neutral Sentiment: Investors are also looking ahead to AeroVironment’s next earnings report. A Zacks article cites the company’s earnings-surprise history and current screening indicators as favorable, but this is an estimate—not a reported result or assurance of a beat. Earnings outlook

Wall Street Analyst Weigh In

Several research analysts recently commented on AVAV shares. Rothschild & Co Redburn assumed coverage on shares of AeroVironment in a research note on Tuesday, October 6th. They issued a “neutral” rating and a $165.00 target price on the stock. Bank of America lowered their price target on shares of AeroVironment from $225.00 to $185.00 and set a “buy” rating for the company in a report on Friday, September 11th. Citigroup reissued a “market outperform” rating on shares of AeroVironment in a research report on Monday, November 2nd. Citizens Jmp cut their price target on shares of AeroVironment from $230.00 to $170.00 and set a “market outperform” rating on the stock in a report on Monday, October 19th. Finally, William Blair reissued an “outperform” rating on shares of AeroVironment in a report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $223.86.

AeroVironment Trading Up 12.6%

AVAV opened at $126.96 on Tuesday. The business has a 50 day simple moving average of $137.12 and a two-hundred day simple moving average of $179.98. The firm has a market capitalization of $6.45 billion, a price-to-earnings ratio of -54.26, a PEG ratio of 1.78 and a beta of 1.42. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.26 and a quick ratio of 3.33. AeroVironment, Inc. has a one year low of $100.40 and a one year high of $408.25.

AeroVironment (NASDAQ:AVAV) last released its quarterly earnings data on Wednesday, September 9th. The aerospace company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.37. The business had revenue of $480.49 million during the quarter, compared to analysts’ expectations of $451.95 million. AeroVironment had a positive return on equity of 4.04% and a negative net margin of 5.77%. The business’s revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $0.32 EPS. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Analysts predict that AeroVironment, Inc. will post 3.26 EPS for the current year.

Insider Buying and Selling

In related news, CAO Brian Shackley sold 205 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $201.86, for a total value of $41,381.30. Following the completion of the sale, the chief accounting officer owned 7,888 shares of the company’s stock, valued at $1,592,271.68. This trade represents a 2.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen Page sold 250 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $152.27, for a total value of $38,067.50. Following the completion of the sale, the director directly owned 48,253 shares of the company’s stock, valued at $7,347,484.31. The trade was a 0.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 805 shares of company stock valued at $142,671. 0.79% of the stock is owned by corporate insiders.

AeroVironment Company Profile

AeroVironment, Inc develops uncrewed aircraft systems and other technology for defense, government and commercial customers. Its products include small drones used for reconnaissance and surveillance, as well as the Switchblade family of loitering munitions. The company also provides counter-drone systems, training, support and related services.

Founded in 1971 by engineer and inventor Paul MacCready, AeroVironment has a history of developing aircraft and uncrewed systems. Its customers include U.S.