Royce & Associates LP Sells 11,589 Shares of AeroVironment, Inc. $AVAV

Royce & Associates LP reduced its position in AeroVironment, Inc. (NASDAQ:AVAVFree Report) by 57.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,417 shares of the aerospace company’s stock after selling 11,589 shares during the period. Royce & Associates LP’s holdings in AeroVironment were worth $2,036,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AlphaQuest LLC bought a new stake in AeroVironment in the 3rd quarter valued at about $25,000. Tema Etfs LLC bought a new stake in AeroVironment in the 4th quarter valued at about $26,000. TD Waterhouse Canada Inc. raised its stake in AeroVironment by 100.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock valued at $28,000 after acquiring an additional 40 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in AeroVironment in the 3rd quarter valued at about $29,000. Finally, Smithfield Trust Co bought a new stake in AeroVironment in the 3rd quarter valued at about $31,000. 86.38% of the stock is currently owned by institutional investors.

Insider Transactions at AeroVironment

In other news, CFO Kevin Patrick Mcdonnell sold 396 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $224.55, for a total transaction of $88,921.80. Following the completion of the transaction, the chief financial officer owned 16,026 shares of the company’s stock, valued at approximately $3,598,638.30. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephen F. Page sold 250 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $212.52, for a total value of $53,130.00. Following the transaction, the director directly owned 49,751 shares of the company’s stock, valued at $10,573,082.52. The trade was a 0.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,596 shares of company stock valued at $349,456. 0.81% of the stock is owned by corporate insiders.

AeroVironment Stock Down 3.3%

AVAV stock opened at $207.24 on Friday. The company has a quick ratio of 4.54, a current ratio of 5.51 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $10.35 billion, a PE ratio of -47.75, a PEG ratio of 2.84 and a beta of 1.35. AeroVironment, Inc. has a twelve month low of $156.00 and a twelve month high of $417.86. The stock has a 50-day simple moving average of $185.32 and a two-hundred day simple moving average of $242.53.

AeroVironment (NASDAQ:AVAVGet Free Report) last posted its earnings results on Tuesday, March 10th. The aerospace company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.04). The company had revenue of $408.05 million for the quarter, compared to analysts’ expectations of $487.94 million. AeroVironment had a negative net margin of 13.93% and a positive return on equity of 3.26%. The firm’s quarterly revenue was up 143.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.30 EPS. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. On average, equities analysts predict that AeroVironment, Inc. will post 2.94 EPS for the current fiscal year.

Analyst Ratings Changes

AVAV has been the topic of a number of research reports. Canaccord Genuity Group lowered their price objective on AeroVironment from $330.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday, March 12th. Royal Bank Of Canada reduced their target price on AeroVironment from $325.00 to $250.00 and set an “outperform” rating for the company in a report on Wednesday, March 11th. Needham & Company LLC reduced their target price on AeroVironment from $450.00 to $400.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. KeyCorp reduced their target price on AeroVironment from $330.00 to $295.00 and set an “overweight” rating for the company in a report on Wednesday, March 11th. Finally, Robert W. Baird reduced their target price on AeroVironment from $260.00 to $235.00 and set an “outperform” rating for the company in a report on Wednesday, March 11th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, AeroVironment presently has a consensus rating of “Moderate Buy” and an average target price of $318.78.

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AeroVironment Profile

(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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