Canal Insurance CO Acquires 10,000 Shares of AeroVironment, Inc. $AVAV

Posted by Francis Steltz on Oct 20th, 2026

Canal Insurance CO increased its holdings in shares of AeroVironment, Inc. (NASDAQ:AVAV – Free Report) by 14.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 80,000 shares of the aerospace company’s stock after acquiring an additional 10,000 shares during the quarter. AeroVironment makes up approximately 2.7% of Canal Insurance CO’s portfolio, making the stock its 11th largest position. Canal Insurance CO’s holdings in AeroVironment were worth $11,378,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Clark Financial Services Group Inc. BD grew its holdings in AeroVironment by 20.3% in the 3rd quarter. Clark Financial Services Group Inc. BD now owns 1,793 shares of the aerospace company’s stock valued at $255,000 after buying an additional 302 shares during the last quarter. Kercheville Advisors LLC increased its position in AeroVironment by 302.8% in the 3rd quarter. Kercheville Advisors LLC now owns 7,150 shares of the aerospace company’s stock worth $1,017,000 after buying an additional 5,375 shares during the period. New Wave Wealth Advisors LLC increased its position in AeroVironment by 13.6% in the 3rd quarter. New Wave Wealth Advisors LLC now owns 6,054 shares of the aerospace company’s stock worth $861,000 after buying an additional 725 shares during the period. IFP Advisors Inc lifted its holdings in shares of AeroVironment by 12.3% during the third quarter. IFP Advisors Inc now owns 6,834 shares of the aerospace company’s stock worth $972,000 after buying an additional 750 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC lifted its holdings in shares of AeroVironment by 8.0% during the third quarter. Robertson Stephens Wealth Management LLC now owns 4,588 shares of the aerospace company’s stock worth $653,000 after buying an additional 340 shares during the last quarter. Institutional investors own 86.38% of the company’s stock.

AeroVironment Stock Performance

Shares of NASDAQ:AVAV traded up $0.33 during trading on Tuesday, hitting $118.23. 555,055 shares of the stock were exchanged, compared to its average volume of 1,661,422. AeroVironment, Inc. has a 1-year low of $116.30 and a 1-year high of $408.25. The company has a market capitalization of $6.01 billion, a price-to-earnings ratio of -50.55, a price-to-earnings-growth ratio of 1.91 and a beta of 1.36. The company’s fifty day simple moving average is $150.93 and its 200-day simple moving average is $164.86. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.33 and a current ratio of 4.26.

AeroVironment (NASDAQ:AVAV – Get Free Report) last released its quarterly earnings data on Wednesday, September 9th. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.37. The business had revenue of $480.49 million for the quarter, compared to analysts’ expectations of $451.95 million. AeroVironment had a positive return on equity of 4.04% and a negative net margin of 5.77%. AeroVironment’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 earnings per share. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Sell-side analysts expect that AeroVironment, Inc. will post 3.26 EPS for the current fiscal year.

Insider Buying and Selling at AeroVironment

In other AeroVironment news, Director Stephen Page sold 250 shares of AeroVironment stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $152.27, for a total transaction of $38,067.50. Following the sale, the director owned 48,253 shares in the company, valued at $7,347,484.31. The trade was a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brian Shackley sold 205 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $201.86, for a total transaction of $41,381.30. Following the completion of the sale, the chief accounting officer directly owned 7,888 shares in the company, valued at $1,592,271.68. This trade represents a 2.53% decrease in their position. 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 ninety days, insiders sold 805 shares of company stock valued at $142,671. 0.79% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group reduced their price objective on AeroVironment from $280.00 to $240.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Stifel Nicolaus dropped their target price on shares of AeroVironment from $315.00 to $220.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. The Goldman Sachs Group set a $285.00 target price on shares of AeroVironment in a research report on Thursday, September 17th. Rothschild & Co Redburn began coverage on shares of AeroVironment in a research note on Tuesday, October 6th. They set a “neutral” rating and a $165.00 target price for the company. Finally, Weiss Ratings cut shares of AeroVironment from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $225.80.

Read Our Latest Stock Report on AVAV

AeroVironment Profile

(Free Report)

AeroVironment, Inc is a defense technology company that develops and supplies uncrewed aircraft systems, loitering munitions, counter-uncrewed-aircraft systems, space systems and related autonomous technologies. Its products are designed for intelligence, surveillance and reconnaissance, precision strike, tactical communications and other defense and security missions.

The company’s portfolio includes the Raven, Puma and Quantix unmanned aircraft systems; the JUMP 20 vertical-takeoff-and-landing aircraft; and the Switchblade family of loitering munitions.