Vontobel Holding Ltd. Increases Position in AeroVironment, Inc. $AVAV

Vontobel Holding Ltd. increased its position in shares of AeroVironment, Inc. (NASDAQ:AVAVFree Report) by 49.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,679 shares of the aerospace company’s stock after acquiring an additional 2,860 shares during the quarter. Vontobel Holding Ltd.’s holdings in AeroVironment were worth $2,733,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in AeroVironment by 21.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 237 shares of the aerospace company’s stock valued at $68,000 after acquiring an additional 42 shares during the last quarter. Amalgamated Bank grew its position in shares of AeroVironment by 0.6% in the second quarter. Amalgamated Bank now owns 8,023 shares of the aerospace company’s stock valued at $2,286,000 after purchasing an additional 44 shares during the period. Bessemer Group Inc. increased its stake in AeroVironment by 60.3% in the second quarter. Bessemer Group Inc. now owns 117 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 44 shares during the last quarter. Ameritas Investment Partners Inc. lifted its position in AeroVironment by 1.7% during the second quarter. Ameritas Investment Partners Inc. now owns 2,885 shares of the aerospace company’s stock worth $822,000 after buying an additional 48 shares during the period. Finally, ORG Partners LLC lifted its position in AeroVironment by 296.0% during the second quarter. ORG Partners LLC now owns 99 shares of the aerospace company’s stock worth $27,000 after buying an additional 74 shares during the period. 86.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on AVAV. Cantor Fitzgerald lowered their price target on AeroVironment from $335.00 to $315.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Royal Bank Of Canada decreased their target price on shares of AeroVironment from $440.00 to $400.00 and set an “outperform” rating on the stock in a research report on Monday, December 8th. Weiss Ratings restated a “sell (d+)” rating on shares of AeroVironment in a report on Monday. Stifel Nicolaus upped their price target on shares of AeroVironment from $295.00 to $389.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Finally, BTIG Research reiterated a “buy” rating and issued a $415.00 price target on shares of AeroVironment in a report on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, AeroVironment presently has a consensus rating of “Moderate Buy” and an average target price of $375.41.

Read Our Latest Report on AeroVironment

Insider Buying and Selling at AeroVironment

In other AeroVironment news, 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 transaction, the chief financial officer directly owned 18,300 shares of the company’s stock, valued at $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 SEC, which is available through this hyperlink. Also, insider Trace E. Stevenson sold 1,717 shares of the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $381.00, for a total value of $654,177.00. Following the transaction, the insider owned 4,907 shares in the company, valued at approximately $1,869,567. This represents a 25.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 3,739 shares of company stock valued at $1,350,585. 0.81% of the stock is owned by insiders.

AeroVironment Stock Down 2.2%

AVAV opened at $255.00 on Friday. AeroVironment, Inc. has a 1 year low of $102.25 and a 1 year high of $417.86. The firm has a 50 day moving average price of $298.80 and a 200 day moving average price of $278.72. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.29 and a current ratio of 5.08. The company has a market cap of $12.73 billion, a PE ratio of -204.00, a price-to-earnings-growth ratio of 3.85 and a beta of 1.13.

AeroVironment (NASDAQ:AVAVGet Free Report) last released its quarterly earnings data on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $472.51 million for the quarter, compared to analysts’ expectations of $466.16 million. During the same quarter in the prior year, the firm earned $0.47 earnings per share. AeroVironment’s quarterly revenue was up 150.7% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Sell-side analysts expect that AeroVironment, Inc. will post 3.38 earnings per share for the current year.

About AeroVironment

(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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Institutional Ownership by Quarter for AeroVironment (NASDAQ:AVAV)

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