NewEdge Advisors LLC Has $327,000 Position in AeroVironment, Inc. $AVAV

NewEdge Advisors LLC lessened its position in AeroVironment, Inc. (NASDAQ:AVAVFree Report) by 90.2% in the first quarter, HoldingsChannel.com reports. The fund owned 1,789 shares of the aerospace company’s stock after selling 16,489 shares during the period. NewEdge Advisors LLC’s holdings in AeroVironment were worth $327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. NewEdge Wealth LLC raised its holdings in shares of AeroVironment by 1.1% in the 4th quarter. NewEdge Wealth LLC now owns 3,709 shares of the aerospace company’s stock valued at $897,000 after purchasing an additional 39 shares during the period. J.W. Cole Advisors Inc. lifted its stake in AeroVironment by 3.7% in the 4th quarter. J.W. Cole Advisors Inc. now owns 1,081 shares of the aerospace company’s stock valued at $261,000 after purchasing an additional 39 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in AeroVironment by 29.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 188 shares of the aerospace company’s stock worth $45,000 after purchasing an additional 43 shares during the period. Family Legacy Inc. grew its holdings in AeroVironment by 2.2% during the fourth quarter. Family Legacy Inc. now owns 2,326 shares of the aerospace company’s stock worth $563,000 after purchasing an additional 51 shares during the period. Finally, TD Waterhouse Canada Inc. increased its position in AeroVironment by 73.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 139 shares of the aerospace company’s stock worth $34,000 after buying an additional 59 shares during the last quarter. 86.38% of the stock is currently owned by institutional investors and hedge funds.

AeroVironment Stock Performance

Shares of AeroVironment stock opened at $160.22 on Monday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.59 and a current ratio of 4.30. The firm has a 50-day moving average of $161.80 and a 200-day moving average of $190.00. AeroVironment, Inc. has a 52-week low of $135.20 and a 52-week high of $417.86. The stock has a market cap of $8.14 billion, a PE ratio of -43.54, a PEG ratio of 5.45 and a beta of 1.41.

AeroVironment (NASDAQ:AVAVGet Free Report) last issued its quarterly earnings data on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.37. The business had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $555.97 million. AeroVironment had a negative net margin of 9.00% and a positive return on equity of 3.71%. The business’s revenue was up 133.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.61 EPS. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. As a group, sell-side analysts forecast that AeroVironment, Inc. will post 3.26 EPS for the current year.

Insider Buying and Selling

In other news, CAO Brian Charles Shackley sold 205 shares of AeroVironment stock in a transaction that occurred on Friday, August 14th. The shares were 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 directly owned 7,888 shares in the company, valued at approximately $1,592,271.68. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen F. Page sold 250 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $191.98, for a total value of $47,995.00. Following the completion of the sale, the director owned 48,503 shares of the company’s stock, valued at approximately $9,311,605.94. This trade represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 705 shares of company stock valued at $132,979. 0.79% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have issued reports on AVAV shares. Canaccord Genuity Group dropped their price objective on AeroVironment from $280.00 to $240.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Wedbush initiated coverage on AeroVironment in a research note on Tuesday, June 30th. They set an “outperform” rating and a $250.00 target price for the company. UBS Group reissued a “buy” rating on shares of AeroVironment in a report on Thursday, July 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price objective on shares of AeroVironment in a research report on Thursday, July 9th. Finally, Piper Sandler decreased their price objective on shares of AeroVironment from $248.00 to $235.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $266.68.

View Our Latest Stock Report on AVAV

AeroVironment News Summary

Here are the key news stories impacting AeroVironment this week:

  • Positive Sentiment: New U.S. drone tariffs could benefit AVAV. President Trump’s August 13 proclamation imposes broad tariffs on foreign drone imports, potentially steering demand toward U.S. manufacturers such as AeroVironment and supporting domestic pricing, production and market share. Trump’s New Drone Tariffs Give AeroVironment, Kratos and Red Cat a Policy Tailwind
  • Positive Sentiment: Greek joint venture expands AeroVironment’s European footprint. AV Eagle, formed with Eyeonix SA, will establish localized production and technology capabilities in Greece after receiving foreign-investment approval. The venture could improve access to European defense programs, strengthen supply-chain resilience and position AVAV to participate in the region’s growing counter-drone market. AeroVironment to Establish Industrial Presence in Greece Through AV Eagle
  • Positive Sentiment: Propulsion investments support longer-term growth. AeroVironment is expanding electric, hybrid and unmanned-aircraft propulsion capabilities, potentially broadening its addressable markets beyond current defense platforms. Clear Street also initiated coverage with a Buy rating, adding to generally favorable analyst sentiment. Can AeroVironment’s Propulsion Capabilities Support Future Growth?
  • Neutral Sentiment: Recent operating momentum remains strong, but valuation is demanding. The latest reported quarter included $641.6 million in revenue, up 133.3% year over year, and EPS of $1.84 versus a $1.47 consensus estimate. However, AVAV remains unprofitable on a trailing basis, trades below its 200-day moving average and carries a high PEG ratio, leaving the stock sensitive to execution and future-growth expectations.
  • Negative Sentiment: Shareholder-law-firm investigations add headline risk. Berger Montague and Grabar Law Office are investigating whether AeroVironment’s board properly disclosed potential competition for U.S. Space Force SCAR program work. The claims are allegations, but any litigation, disclosure findings or related costs could pressure investor confidence. Berger Montague investigates AeroVironment’s board
  • Negative Sentiment: A director’s stock sale is a minor cautionary signal. Director Stephen Page sold 250 shares worth approximately $48,000 under a pre-arranged Rule 10b5-1 plan. Because the sale was small relative to his remaining holdings and scheduled in advance, its direct impact is likely limited.

AeroVironment Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding AVAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc. (NASDAQ:AVAVFree Report).

Institutional Ownership by Quarter for AeroVironment (NASDAQ:AVAV)

Receive News & Ratings for AeroVironment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AeroVironment and related companies with MarketBeat.com's FREE daily email newsletter.