84,673 Shares in AeroVironment, Inc. $AVAV Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 84,673 shares of the aerospace company’s stock, valued at approximately $13,977,000.

A number of other hedge funds have also modified their holdings of AVAV. Sunbelt Securities Inc. purchased a new position in AeroVironment in the first quarter valued at about $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of AeroVironment during the 4th quarter worth about $26,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of AeroVironment during the 1st quarter valued at about $28,000. Hazlett Burt & Watson Inc. lifted its holdings in shares of AeroVironment by 90.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 133 shares of the aerospace company’s stock valued at $32,000 after buying an additional 63 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its stake in shares of AeroVironment by 73.8% in the 4th quarter. TD Waterhouse Canada Inc. now owns 139 shares of the aerospace company’s stock valued at $34,000 after buying an additional 59 shares in the last quarter. 86.38% of the stock is owned by institutional investors and hedge funds.

More AeroVironment News

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: International expansion: AeroVironment announced plans to establish an industrial presence in Greece through AV Eagle, a joint venture with Eyeonix SA. The venture has received Foreign Direct Investment approval and builds on more than a decade of cooperation, potentially strengthening AVAV’s European defense footprint and access to regional opportunities. AeroVironment to Establish Industrial Presence in Greece Through AV Eagle
• Positive Sentiment: Analyst support: Clear Street initiated or reiterated a “Buy” view on AVAV, adding to generally favorable analyst sentiment. The company’s latest quarter also showed strong momentum, with revenue up 133.3% year over year and earnings exceeding consensus estimates. AeroVironment Gets a Buy from Clear Street
• Neutral Sentiment: Propulsion growth opportunity: AeroVironment is expanding propulsion capabilities across electric, hybrid and unmanned aircraft technologies. The work could support future aviation applications, but the article does not identify a specific contract or near-term financial impact. Can AeroVironment’s Propulsion Capabilities Support Future Growth?
• Negative Sentiment: Legal overhang: Berger Montague and Grabar Law Office announced shareholder investigations into whether AeroVironment’s board adequately disclosed potential competition for SCAR program work. The investigations could increase litigation, disclosure and reputational risks, although no wrongdoing has been established. Berger Montague Investigation of AeroVironment Grabar Law Office Investigation
• Negative Sentiment: Insider selling: Director Stephen Page sold 250 shares worth approximately $48,000. The transaction represented only 0.51% of his holdings and was executed under a pre-arranged Rule 10b5-1 plan, limiting its significance but still adding modest negative sentiment. AeroVironment Director Sells 250 Shares

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on AVAV shares. Clear Str upgraded shares of AeroVironment to a “strong-buy” rating in a report on Wednesday, April 29th. Zacks Research upgraded shares of AeroVironment from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. William Blair reissued an “outperform” rating on shares of AeroVironment in a research report on Wednesday, July 15th. Canaccord Genuity Group cut their target price on AeroVironment from $280.00 to $240.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Finally, Jefferies Financial Group reduced their price target on AeroVironment from $305.00 to $229.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Two investment 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 company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $266.68.

Insider Transactions at AeroVironment

In other news, CAO Brian Charles Shackley sold 205 shares of AeroVironment stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $201.86, for a total value of $41,381.30. Following the completion of the transaction, the chief accounting officer owned 7,888 shares in the company, valued at approximately $1,592,271.68. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen F. Page sold 250 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $191.98, for a total value of $47,995.00. Following the completion of the transaction, the director directly owned 48,503 shares in the company, valued at approximately $9,311,605.94. This represents a 0.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 705 shares of company stock valued at $132,979 in the last quarter. 0.81% of the stock is currently owned by corporate insiders.

AeroVironment Stock Performance

NASDAQ AVAV opened at $159.79 on Friday. The company’s fifty day moving average is $162.01 and its two-hundred day moving average is $190.77. AeroVironment, Inc. has a 52-week low of $135.20 and a 52-week high of $417.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.30 and a quick ratio of 3.59. The firm has a market capitalization of $8.12 billion, a price-to-earnings ratio of -43.42, a P/E/G ratio of 5.87 and a beta of 1.41.

AeroVironment (NASDAQ:AVAV) last announced its quarterly earnings data on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.37. The company had revenue of $641.62 million for the quarter, compared to analyst estimates of $555.97 million. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.AeroVironment’s revenue for the quarter was up 133.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.61 EPS. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Equities research analysts forecast that AeroVironment, Inc. will post 3.26 EPS for the current year.

About AeroVironment

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.