AeroVironment (NASDAQ:AVAV) Director Stephen Page Sells 1,000 Shares

AeroVironment, Inc. (NASDAQ:AVAV) Director Stephen Page sold 1,000 shares of AeroVironment stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $377.62, for a total value of $377,620.00. Following the transaction, the director owned 51,001 shares in the company, valued at $19,258,997.62. This represents a 1.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

AeroVironment Stock Up 3.8%

NASDAQ:AVAV opened at $392.86 on Friday. The business’s fifty day moving average price is $284.93 and its 200 day moving average price is $289.82. The firm has a market capitalization of $19.62 billion, a price-to-earnings ratio of -314.29, a PEG ratio of 5.59 and a beta of 1.16. The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $417.86.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. JMP Securities increased their target price on shares of AeroVironment from $325.00 to $400.00 and gave the stock a “market outperform” rating in a research report on Friday, October 3rd. The Goldman Sachs Group lowered their price target on shares of AeroVironment from $486.00 to $429.00 and set a “buy” rating on the stock in a report on Friday, December 12th. Stifel Nicolaus increased their price objective on AeroVironment from $295.00 to $389.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Raymond James Financial reissued a “strong-buy” rating on shares of AeroVironment in a research report on Tuesday, December 16th. Finally, Needham & Company LLC restated a “buy” rating and issued a $450.00 target price on shares of AeroVironment in a research note on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $375.41.

Hedge Funds Weigh In On AeroVironment

Hedge funds have recently bought and sold shares of the business. United Services Automobile Association acquired a new stake in shares of AeroVironment in the first quarter worth about $225,000. Strs Ohio acquired a new position in shares of AeroVironment during the 1st quarter valued at about $191,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of 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 in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in AeroVironment by 23.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 27,385 shares of the aerospace company’s stock worth $7,803,000 after purchasing an additional 5,215 shares during the last quarter. Finally, Clare Market Investments LLC lifted its holdings in AeroVironment by 9.2% in the 2nd quarter. Clare Market Investments LLC now owns 2,286 shares of the aerospace company’s stock worth $651,000 after purchasing an additional 192 shares during the last quarter. 86.38% of the stock is owned by institutional investors and hedge funds.

AeroVironment Company Profile

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.