AeroVironment (NASDAQ:AVAV) Trading Up 6.6% – Here’s Why

Shares of AeroVironment, Inc. (NASDAQ:AVAV) traded up 6.6% during trading on Tuesday . The company traded as high as $318.23 and last traded at $317.03. 1,923,722 shares were traded during trading, an increase of 11% from the average session volume of 1,736,285 shares. The stock had previously closed at $297.41.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Citizens Jmp reaffirmed a “market outperform” rating and issued a $400.00 price target on shares of AeroVironment in a research note on Wednesday, December 10th. Zacks Research raised AeroVironment from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 2nd. Royal Bank Of Canada lowered their price target on AeroVironment from $440.00 to $400.00 and set an “outperform” rating on the stock in a research note on Monday, December 8th. William Blair reiterated an “outperform” rating on shares of AeroVironment in a research report on Tuesday, September 16th. Finally, BTIG Research reissued a “buy” rating and issued a $415.00 price objective on shares of AeroVironment in a research note on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $375.41.

AeroVironment Trading Up 6.6%

The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16. The company has a fifty day moving average price of $285.02 and a two-hundred day moving average price of $282.72. The firm has a market capitalization of $15.83 billion, a price-to-earnings ratio of -253.62, a PEG ratio of 3.78 and a beta of 1.16.

AeroVironment (NASDAQ:AVAV) last announced its quarterly earnings data on Tuesday, December 9th. The aerospace company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). The company had revenue of $472.51 million for the quarter, compared to analysts’ expectations of $466.16 million. AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.The business’s quarterly revenue was up 150.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, research analysts forecast that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Brian Charles Shackley sold 200 shares of the business’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $250.92, for a total transaction of $50,184.00. Following the transaction, the chief accounting officer owned 5,994 shares of the company’s stock, valued at approximately $1,504,014.48. The trade was a 3.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kevin Patrick Mcdonnell sold 998 shares of the firm’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $399.74, for a total transaction of $398,940.52. Following the sale, the chief financial officer owned 19,324 shares of the company’s stock, valued at approximately $7,724,575.76. The trade was a 4.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,222 shares of company stock worth $746,592. Corporate insiders own 0.81% of the company’s stock.

Institutional Trading of AeroVironment

Several institutional investors have recently made changes to their positions in the company. Miller Global Investments LLC purchased a new position in AeroVironment in the fourth quarter worth approximately $270,000. PVG Asset Management Corp acquired a new position in shares of AeroVironment in the 3rd quarter valued at $332,000. FNY Investment Advisers LLC purchased a new position in shares of AeroVironment during the 3rd quarter worth $629,000. New Mexico Educational Retirement Board acquired a new stake in shares of AeroVironment during the 3rd quarter worth about $2,078,000. Finally, Allworth Financial LP increased its position in shares of AeroVironment by 8.2% during the 3rd quarter. Allworth Financial LP now owns 722 shares of the aerospace company’s stock worth $227,000 after purchasing an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 86.38% of the company’s stock.

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.