AeroVironment (NASDAQ:AVAV) CFO Kevin Patrick Mcdonnell Sells 511 Shares

AeroVironment, Inc. (NASDAQ:AVAV) CFO Kevin Patrick Mcdonnell sold 511 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $249.37, for a total value of $127,428.07. Following the sale, the chief financial officer directly owned 18,300 shares in the company, valued at approximately $4,563,471. This trade represents a 2.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Kevin Patrick Mcdonnell also recently made the following trade(s):

• On Monday, November 10th, Kevin Patrick Mcdonnell sold 513 shares of AeroVironment stock. The shares were sold at an average price of $331.46, for a total value of $170,038.98.
• On Friday, October 10th, Kevin Patrick Mcdonnell sold 998 shares of AeroVironment stock. The stock was sold at an average price of $399.74, for a total transaction of $398,940.52.

AeroVironment Price Performance

NASDAQ:AVAV opened at $239.00 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.08 and a quick ratio of 5.12. The company has a 50 day moving average price of $327.59 and a 200-day moving average price of $274.27. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $417.86. The firm has a market cap of $11.93 billion, a price-to-earnings ratio of -191.20, a price-to-earnings-growth ratio of 3.69 and a beta of 1.13.

AeroVironment (NASDAQ:AVAV) last announced its quarterly earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.The firm had revenue of $472.51 million for the quarter, compared to analysts’ expectations of $466.16 million. During the same period last year, the company posted $0.47 earnings per share. The business’s quarterly revenue was up 150.7% on a year-over-year basis. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Equities research analysts forecast that AeroVironment, Inc. will post 3.38 EPS for the current year.

Hedge Funds Weigh In On AeroVironment

Institutional investors have recently modified their holdings of the business. Cetera Investment Advisers increased its position in shares of AeroVironment by 6.3% during the first quarter. Cetera Investment Advisers now owns 4,512 shares of the aerospace company’s stock worth $538,000 after acquiring an additional 266 shares during the period. Atria Wealth Solutions Inc. acquired a new position in AeroVironment during the 1st quarter worth $326,000. Charles Schwab Investment Management Inc. raised its position in AeroVironment by 0.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 265,102 shares of the aerospace company’s stock valued at $31,598,000 after purchasing an additional 1,029 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in AeroVironment by 4.1% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,438 shares of the aerospace company’s stock valued at $1,125,000 after purchasing an additional 375 shares in the last quarter. Finally, Nuveen LLC purchased a new position in shares of AeroVironment in the 1st quarter valued at about $23,501,000. Institutional investors and hedge funds own 86.38% of the company’s stock.

Wall Street Analyst Weigh In

AVAV has been the topic of several research reports. The Goldman Sachs Group decreased their target price on AeroVironment from $486.00 to $429.00 and set a “buy” rating on the stock in a research report on Friday. Robert W. Baird raised their price objective on AeroVironment from $267.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Canaccord Genuity Group set a $400.00 price target on shares of AeroVironment in a research note on Wednesday. Citigroup reaffirmed an “outperform” rating on shares of AeroVironment in a research report on Friday, October 3rd. Finally, BTIG Research reiterated a “buy” rating and issued a $415.00 target price on shares of AeroVironment in a report on Monday, November 24th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, AeroVironment currently has an average rating of “Moderate Buy” and an average target price of $381.06.

AeroVironment Company Profile

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.