Quantum Portfolio Management LLC Invests $1.63 Million in AeroVironment, Inc. $AVAV

Quantum Portfolio Management LLC acquired a new stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,165 shares of the aerospace company’s stock, valued at approximately $1,626,000.

Other hedge funds have also recently bought and sold shares of the company. US Bancorp DE lifted its holdings in shares of AeroVironment by 13.5% during the 2nd quarter. US Bancorp DE now owns 8,068 shares of the aerospace company’s stock worth $2,299,000 after acquiring an additional 961 shares during the period. Rheos Capital Works Inc. acquired a new position in AeroVironment during the third quarter worth approximately $37,787,000. Congress Asset Management Co. raised its stake in AeroVironment by 1.4% during the third quarter. Congress Asset Management Co. now owns 346,999 shares of the aerospace company’s stock worth $109,267,000 after purchasing an additional 4,745 shares during the period. Wedbush Securities Inc. acquired a new position in shares of AeroVironment in the 2nd quarter valued at $273,000. Finally, CreativeOne Wealth LLC purchased a new stake in shares of AeroVironment during the 2nd quarter valued at $309,000. Institutional investors and hedge funds own 86.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AVAV. Piper Sandler reaffirmed an “overweight” rating on shares of AeroVironment in a research report on Wednesday, December 10th. BTIG Research restated a “buy” rating and issued a $415.00 price objective on shares of AeroVironment in a report on Monday, November 24th. Canaccord Genuity Group set a $400.00 price objective on AeroVironment in a research note on Wednesday, December 10th. Citizens Jmp reissued a “market outperform” rating and set a $400.00 target price on shares of AeroVironment in a research report on Wednesday, December 10th. Finally, The Goldman Sachs Group cut 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. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, AeroVironment presently has an average rating of “Moderate Buy” and a consensus target price of $375.41.

AeroVironment Stock Performance

Shares of NASDAQ:AVAV opened at $392.86 on Monday. The business’s 50-day simple moving average is $284.93 and its 200 day simple moving average is $290.39. The company has a market cap of $19.62 billion, a P/E ratio of -314.29, a PEG ratio of 5.80 and a beta of 1.16. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.29 and a current ratio of 5.08. AeroVironment, Inc. has a one year low of $102.25 and a one year high of $417.86.

AeroVironment (NASDAQ:AVAV) last issued 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). The firm had revenue of $472.51 million during the quarter, compared to analyst estimates of $466.16 million. AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The firm’s revenue was up 150.7% compared to the same quarter last year. During the same period last year, the business earned $0.47 EPS. 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.

Insider Buying and Selling

In other AeroVironment news, Director Stephen F. Page sold 1,000 shares of the business’s 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. The trade was a 1.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of the firm’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $367.60, for a total value of $367,232.40. Following the sale, the chief financial officer owned 17,301 shares of the company’s stock, valued at $6,359,847.60. This represents a 5.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,223 shares of company stock valued at $1,092,503 in the last quarter. Company insiders own 0.81% of the company’s stock.

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.