AeroVironment (NASDAQ:AVAV) Director Sells $40,577.50 in Stock

AeroVironment, Inc. (NASDAQ:AVAVGet Free Report) Director Stephen Page sold 250 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $162.31, for a total transaction of $40,577.50. Following the completion of the sale, the director owned 49,251 shares in the company, valued at approximately $7,993,929.81. This trade represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

AeroVironment Price Performance

Shares of AVAV stock opened at $163.87 on Thursday. The company has a quick ratio of 4.54, a current ratio of 5.51 and a debt-to-equity ratio of 0.17. AeroVironment, Inc. has a 12-month low of $156.00 and a 12-month high of $417.86. The firm has a fifty day moving average of $189.35 and a 200-day moving average of $249.97. The firm has a market capitalization of $8.18 billion, a price-to-earnings ratio of -37.76, a price-to-earnings-growth ratio of 2.20 and a beta of 1.35.

AeroVironment (NASDAQ:AVAVGet Free Report) last issued its quarterly earnings data on Tuesday, March 10th. The aerospace company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.04). AeroVironment had a positive return on equity of 3.26% and a negative net margin of 13.93%.The business had revenue of $408.05 million for the quarter, compared to analyst estimates of $487.94 million. During the same period in the previous year, the business posted $0.30 EPS. The business’s quarterly revenue was up 143.4% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. On average, equities research analysts forecast that AeroVironment, Inc. will post 2.94 earnings per share for the current year.

Institutional Investors Weigh In On AeroVironment

Several institutional investors have recently bought and sold shares of AVAV. ARK Investment Management LLC lifted its position in shares of AeroVironment by 28.9% in the third quarter. ARK Investment Management LLC now owns 400,457 shares of the aerospace company’s stock valued at $126,100,000 after buying an additional 89,697 shares during the last quarter. State of Michigan Retirement System bought a new position in shares of AeroVironment during the 3rd quarter worth approximately $2,393,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of AeroVironment by 550.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 178,204 shares of the aerospace company’s stock worth $56,115,000 after acquiring an additional 150,819 shares during the last quarter. F m Investments LLC acquired a new position in shares of AeroVironment during the 4th quarter worth approximately $1,775,000. Finally, Keystone Investors PTE Ltd. bought a new stake in AeroVironment in the 3rd quarter valued at $2,355,000. Institutional investors own 86.38% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on AVAV shares. Piper Sandler decreased their price objective on AeroVironment from $391.00 to $290.00 and set an “overweight” rating for the company in a research report on Tuesday, March 3rd. KeyCorp cut their price target on shares of AeroVironment from $330.00 to $295.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 11th. Jefferies Financial Group reduced their price target on shares of AeroVironment from $390.00 to $305.00 and set a “buy” rating for the company in a report on Thursday, March 12th. Zacks Research raised shares of AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Finally, BTIG Research dropped their price objective on shares of AeroVironment from $415.00 to $330.00 and set a “buy” rating on the stock in a report on Thursday, March 12th. Two 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $318.78.

View Our Latest Research Report on AeroVironment

About AeroVironment

(Get 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.

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