Kevin Patrick Mcdonnell Sells 999 Shares of AeroVironment (NASDAQ:AVAV) Stock

AeroVironment, Inc. (NASDAQ:AVAV) CFO Kevin Patrick Mcdonnell sold 999 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $367.60, for a total transaction of $367,232.40. Following the sale, the chief financial officer owned 17,301 shares of the company’s stock, valued at $6,359,847.60. The trade was a 5.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Kevin Patrick Mcdonnell also recently made the following trade(s):

• On Wednesday, December 10th, Kevin Patrick Mcdonnell sold 511 shares of AeroVironment stock. The stock was sold at an average price of $249.37, for a total value of $127,428.07.
• On Monday, November 10th, Kevin Patrick Mcdonnell sold 513 shares of AeroVironment stock. The stock was sold at an average price of $331.46, for a total value of $170,038.98.

AeroVironment Trading Down 1.8%

Shares of NASDAQ AVAV traded down $6.82 during mid-day trading on Tuesday, hitting $363.86. 1,587,273 shares of the company traded hands, compared to its average volume of 1,937,180. The company has a quick ratio of 4.29, a current ratio of 5.08 and a debt-to-equity ratio of 0.16. AeroVironment, Inc. has a 1 year low of $102.25 and a 1 year high of $417.86. The stock has a market capitalization of $18.17 billion, a price-to-earnings ratio of -291.09, a PEG ratio of 5.39 and a beta of 1.16. The business has a 50 day moving average of $282.06 and a two-hundred day moving average of $287.19.

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AVAV. Stifel Nicolaus lifted their price objective on shares of AeroVironment from $295.00 to $389.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. BTIG Research reaffirmed a “buy” rating and issued a $415.00 target price on shares of AeroVironment in a research report on Monday, November 24th. Robert W. Baird upped their price target on AeroVironment from $267.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, October 1st. New Street Research set a $365.00 price objective on AeroVironment in a research note on Wednesday, October 1st. Finally, Piper Sandler restated an “overweight” rating on shares of AeroVironment in a research report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $375.41.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. N.E.W. Advisory Services LLC grew its stake 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 valued at $25,000 after buying an additional 30 shares in the last quarter. Rothschild Investment LLC lifted its stake in AeroVironment by 7.8% in the third quarter. Rothschild Investment LLC now owns 498 shares of the aerospace company’s stock valued at $157,000 after acquiring an additional 36 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in AeroVironment by 100.0% in the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 40 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of AeroVironment by 21.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 237 shares of the aerospace company’s stock worth $68,000 after purchasing an additional 42 shares during the last quarter. Finally, Amalgamated Bank raised its holdings in shares of AeroVironment by 0.6% during the 2nd quarter. Amalgamated Bank now owns 8,023 shares of the aerospace company’s stock valued at $2,286,000 after purchasing an additional 44 shares in the last quarter. 86.38% of the stock is owned by institutional investors and hedge funds.

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.