AeroVironment, Inc. (NASDAQ:AVAV – Get Free Report) Director Stephen Page sold 250 shares of the stock in a transaction 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 sale, the director directly owned 48,503 shares in the company, valued at $9,311,605.94. This trade represents a 0.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
AeroVironment Trading Down 7.5%
AVAV opened at $159.79 on Friday. The firm has a market cap of $8.12 billion, a price-to-earnings ratio of -43.42, a PEG ratio of 5.87 and a beta of 1.41. The company has a current ratio of 4.30, a quick ratio of 3.59 and a debt-to-equity ratio of 0.17. AeroVironment, Inc. has a 12 month low of $135.20 and a 12 month high of $417.86. The stock has a fifty day moving average price of $162.01 and a 200-day moving average price of $190.77.
AeroVironment (NASDAQ:AVAV – Get 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 analysts’ consensus estimates of $1.47 by $0.37. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.The firm had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $555.97 million. During the same period in the prior year, the business posted $1.61 EPS. The firm’s quarterly revenue was up 133.3% on a year-over-year basis. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. As a group, equities research analysts anticipate that AeroVironment, Inc. will post 3.26 earnings per share for the current fiscal year.
Hedge Funds Weigh In On AeroVironment
Analyst Ratings Changes
Several research analysts recently commented on AVAV shares. Canaccord Genuity Group reduced their price objective on shares of AeroVironment from $280.00 to $240.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Jefferies Financial Group cut their price target on shares of AeroVironment from $305.00 to $229.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price target on shares of AeroVironment in a research report on Thursday, July 9th. Citigroup reiterated a “market outperform” rating on shares of AeroVironment in a report on Tuesday, July 28th. Finally, Wall Street Zen raised AeroVironment from a “sell” rating to a “hold” rating in a research report on Sunday, July 5th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $266.68.
Check Out Our Latest Research Report on AeroVironment
Key Headlines Impacting AeroVironment
Here are the key news stories impacting AeroVironment this week:
- Positive Sentiment: International expansion: AeroVironment announced plans to establish an industrial presence in Greece through AV Eagle, a joint venture with Eyeonix SA. The venture has received Foreign Direct Investment approval and builds on more than a decade of cooperation, potentially strengthening AVAV’s European defense footprint and access to regional opportunities. AeroVironment to Establish Industrial Presence in Greece Through AV Eagle
- Positive Sentiment: Analyst support: Clear Street initiated or reiterated a “Buy” view on AVAV, adding to generally favorable analyst sentiment. The company’s latest quarter also showed strong momentum, with revenue up 133.3% year over year and earnings exceeding consensus estimates. AeroVironment Gets a Buy from Clear Street
- Neutral Sentiment: Propulsion growth opportunity: AeroVironment is expanding propulsion capabilities across electric, hybrid and unmanned aircraft technologies. The work could support future aviation applications, but the article does not identify a specific contract or near-term financial impact. Can AeroVironment’s Propulsion Capabilities Support Future Growth?
- Negative Sentiment: Legal overhang: Berger Montague and Grabar Law Office announced shareholder investigations into whether AeroVironment’s board adequately disclosed potential competition for SCAR program work. The investigations could increase litigation, disclosure and reputational risks, although no wrongdoing has been established. Berger Montague Investigation of AeroVironment Grabar Law Office Investigation
- Negative Sentiment: Insider selling: Director Stephen Page sold 250 shares worth approximately $48,000. The transaction represented only 0.51% of his holdings and was executed under a pre-arranged Rule 10b5-1 plan, limiting its significance but still adding modest negative sentiment. AeroVironment Director Sells 250 Shares
About AeroVironment
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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