AeroVironment, Inc. $AVAV Shares Purchased by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC raised its position in AeroVironment, Inc. (NASDAQ:AVAVFree Report) by 246.2% during the fourth quarter, HoldingsChannel reports. The firm owned 22,500 shares of the aerospace company’s stock after purchasing an additional 16,000 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in AeroVironment were worth $5,443,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AVAV. ARK Investment Management LLC grew its stake in AeroVironment by 28.9% during the 3rd quarter. ARK Investment Management LLC now owns 400,457 shares of the aerospace company’s stock valued at $126,100,000 after acquiring an additional 89,697 shares in the last quarter. State of Michigan Retirement System acquired a new stake in AeroVironment in the 3rd quarter valued at about $2,393,000. F m Investments LLC purchased a new position in AeroVironment in the 4th quarter worth approximately $1,775,000. Keystone Investors PTE Ltd. acquired a new position in shares of AeroVironment during the 3rd quarter worth approximately $2,355,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of AeroVironment by 92.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 20,173 shares of the aerospace company’s stock worth $5,168,000 after purchasing an additional 9,675 shares during the last quarter. Institutional investors and hedge funds own 86.38% of the company’s stock.

Insider Buying and Selling at AeroVironment

In other news, CAO Brian Charles Shackley sold 200 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $212.52, for a total transaction of $42,504.00. Following the completion of the sale, the chief accounting officer owned 5,794 shares in the company, valued at $1,231,340.88. This represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Kevin Patrick Mcdonnell sold 396 shares of AeroVironment stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $224.55, for a total transaction of $88,921.80. Following the completion of the sale, the chief financial officer directly owned 16,026 shares in the company, valued at approximately $3,598,638.30. The trade was a 2.41% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,346 shares of company stock worth $274,456. 0.81% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently commented on AVAV. Royal Bank Of Canada cut their price target on AeroVironment from $325.00 to $250.00 and set an “outperform” rating for the company in a report on Wednesday, March 11th. Needham & Company LLC dropped their target price on AeroVironment from $450.00 to $400.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. Citizens Jmp cut their target price on AeroVironment from $400.00 to $350.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 11th. Clear Str upgraded AeroVironment to a “strong-buy” rating in a report on Wednesday, April 29th. Finally, Jefferies Financial Group lowered their price target on shares of AeroVironment from $390.00 to $305.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $318.78.

Get Our Latest Stock Report on AeroVironment

Key AeroVironment News

Here are the key news stories impacting AeroVironment this week:

AeroVironment Stock Down 1.5%

Shares of AeroVironment stock opened at $204.09 on Tuesday. 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 52-week low of $156.00 and a 52-week high of $417.86. The company has a market capitalization of $10.19 billion, a P/E ratio of -47.03, a P/E/G ratio of 2.84 and a beta of 1.35. The company has a 50 day moving average of $185.17 and a 200 day moving average of $241.01.

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

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.

Featured Articles

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.