AeroVironment (NASDAQ:AVAV) Director Sells $49,322.50 in Stock

AeroVironment, Inc. (NASDAQ:AVAV) Director Stephen Page sold 250 shares of AeroVironment stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $197.29, for a total transaction of $49,322.50. Following the sale, the director owned 49,501 shares in the company, valued at approximately $9,766,052.29. This represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

AeroVironment Price Performance

AVAV traded up $5.22 on Monday, reaching $196.64. The company had a trading volume of 691,630 shares, compared to its average volume of 1,728,087. The company has a fifty day moving average of $218.26 and a 200-day moving average of $279.70. The company has a market capitalization of $9.82 billion, a P/E ratio of -45.31, a PEG ratio of 3.33 and a beta of 1.38. 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 one year low of $141.09 and a one year high of $417.86.

AeroVironment (NASDAQ:AVAV) last released its quarterly earnings results on Tuesday, March 10th. The aerospace company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.04). The company had revenue of $408.05 million for the quarter, compared to the consensus estimate of $487.94 million. AeroVironment had a positive return on equity of 3.26% and a negative net margin of 13.93%.The firm’s quarterly revenue was up 143.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.30 earnings per share. 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 3.38 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. KeyCorp decreased their price target on AeroVironment from $330.00 to $295.00 and set an “overweight” rating for the company in a research note on Wednesday, March 11th. JPMorgan Chase & Co. assumed coverage on AeroVironment in a report on Tuesday, February 17th. They issued an “overweight” rating and a $320.00 price objective for the company. Citizens Jmp decreased their target price on AeroVironment from $400.00 to $350.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 11th. BTIG Research lowered their target price on AeroVironment from $415.00 to $330.00 and set a “buy” rating on the stock in a report on Thursday, March 12th. Finally, Jefferies Financial Group dropped their price target on shares of AeroVironment from $390.00 to $305.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, AeroVironment has an average rating of “Moderate Buy” and an average target price of $318.78.

Institutional Investors Weigh In On AeroVironment

A number of institutional investors and hedge funds have recently modified their holdings of AVAV. N.E.W. Advisory Services LLC grew its holdings in shares of AeroVironment by 60.0% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 30 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of AeroVironment by 100.0% during the third 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 last quarter. AlphaQuest LLC acquired a new position in shares of AeroVironment in the 3rd quarter valued at $25,000. Vermillion Wealth Management Inc. purchased a new position in AeroVironment in the 3rd quarter worth about $31,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in AeroVironment during the 3rd quarter worth about $31,000. Institutional investors and hedge funds own 86.38% of the company’s stock.

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.