AeroVironment, Inc. $AVAV Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in AeroVironment, Inc. (NASDAQ:AVAV) by 92.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,173 shares of the aerospace company’s stock after purchasing an additional 9,675 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in AeroVironment were worth $5,168,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AVAV. Groupama Asset Managment acquired a new stake in AeroVironment in the third quarter valued at approximately $314,890,000. CIBC Private Wealth Group LLC grew its holdings in AeroVironment by 24,798.7% in the third quarter. CIBC Private Wealth Group LLC now owns 315,716 shares of the aerospace company’s stock valued at $99,416,000 after purchasing an additional 314,448 shares during the period. Franklin Resources Inc. grew its holdings in AeroVironment by 3,880.9% in the third quarter. Franklin Resources Inc. now owns 206,607 shares of the aerospace company’s stock valued at $65,058,000 after purchasing an additional 201,417 shares during the period. Ghisallo Capital Management LLC acquired a new stake in AeroVironment in the third quarter valued at approximately $62,978,000. Finally, Bank of America Corp DE grew its holdings in AeroVironment by 2,668.1% in the third quarter. Bank of America Corp DE now owns 148,927 shares of the aerospace company’s stock valued at $46,896,000 after purchasing an additional 154,726 shares during the period. 86.38% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Kevin Patrick Mcdonnell sold 396 shares of AeroVironment stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $224.55, for a total transaction of $88,921.80. Following the transaction, the chief financial officer owned 16,026 shares in the company, valued at approximately $3,598,638.30. This trade represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Stephen F. Page sold 500 shares of AeroVironment stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $254.95, for a total value of $127,475.00. Following the transaction, the director owned 50,501 shares in the company, valued at approximately $12,875,229.95. The trade was a 0.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,096 shares of company stock worth $505,103. 0.81% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

AVAV has been the topic of several research analyst reports. Raymond James Financial raised AeroVironment from an “underperform” rating to a “market perform” rating in a report on Monday, March 23rd. KeyCorp dropped their price objective on AeroVironment from $330.00 to $295.00 and set an “overweight” rating on the stock in a report on Wednesday, March 11th. Citizens Jmp decreased their target price on AeroVironment from $400.00 to $350.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 11th. UBS Group decreased their target price on AeroVironment from $259.00 to $236.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. Finally, Weiss Ratings downgraded AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 9th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, AeroVironment has an average rating of “Moderate Buy” and a consensus price target of $318.78.

AeroVironment Stock Performance

NASDAQ AVAV opened at $166.45 on Tuesday. The company has a market cap of $8.31 billion, a PE ratio of -38.35, a price-to-earnings-growth ratio of 2.31 and a beta of 1.35. The stock’s 50 day simple moving average is $198.44 and its 200-day simple moving average is $260.30. AeroVironment, Inc. has a 1-year low of $158.30 and a 1-year high of $417.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.51 and a quick ratio of 4.54.

AeroVironment (NASDAQ:AVAV) last released 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). The firm had revenue of $408.05 million during the quarter, compared to analysts’ expectations of $487.94 million. AeroVironment had a negative net margin of 13.93% and a positive return on equity of 3.26%. The business’s revenue was up 143.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.30 EPS. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. As a group, equities research analysts anticipate that AeroVironment, Inc. will post 2.94 EPS for the current fiscal year.

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.