Mcguire Capital Advisors Inc. Purchases Shares of 6,925 AeroVironment, Inc. $AVAV

Mcguire Capital Advisors Inc. acquired a new position in shares of AeroVironment, Inc. (NASDAQ:AVAVFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,925 shares of the aerospace company’s stock, valued at approximately $1,675,000. AeroVironment makes up 1.1% of Mcguire Capital Advisors Inc.’s holdings, making the stock its 22nd largest position.

Other institutional investors also recently modified their holdings of the company. Tema Etfs LLC acquired a new stake in AeroVironment during the 4th quarter valued at $26,000. Hilton Head Capital Partners LLC bought a new position in AeroVironment in the 4th quarter valued at $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in AeroVironment in the third quarter worth $29,000. Hazlett Burt & Watson Inc. grew its holdings in shares of AeroVironment by 90.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 133 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 63 shares during the last quarter. Finally, Huntington National Bank increased its stake in shares of AeroVironment by 72.1% in the third quarter. Huntington National Bank now owns 105 shares of the aerospace company’s stock valued at $33,000 after buying an additional 44 shares in the last quarter. Institutional investors own 86.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AVAV. Jefferies Financial Group cut their price target on AeroVironment from $390.00 to $305.00 and set a “buy” rating for the company in a report on Thursday, March 12th. Citizens Jmp lowered their price objective on shares of AeroVironment from $400.00 to $350.00 and set a “market outperform” rating for the company in a research report on Wednesday, March 11th. Robert W. Baird dropped their target price on shares of AeroVironment from $260.00 to $235.00 and set an “outperform” rating for the company in a research note on Wednesday, March 11th. UBS Group reduced their target price on shares of AeroVironment from $259.00 to $236.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. Finally, Piper Sandler decreased their price target on shares of AeroVironment from $391.00 to $290.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $318.78.

Get Our Latest Analysis on AVAV

Key Stories Impacting AeroVironment

Here are the key news stories impacting AeroVironment this week:

AeroVironment Stock Performance

AVAV stock opened at $169.61 on Friday. The business’s fifty day moving average is $182.81 and its 200-day moving average is $231.53. 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 company has a market cap of $8.47 billion, a P/E ratio of -39.08, a price-to-earnings-growth ratio of 2.29 and a beta of 1.35. AeroVironment, Inc. has a twelve month low of $156.00 and a twelve month high of $417.86.

Insider Buying and Selling

In other AeroVironment news, Director Stephen F. Page sold 250 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $174.41, for a total value of $43,602.50. Following the transaction, the director owned 49,001 shares of the company’s stock, valued at approximately $8,546,264.41. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 750 shares of company stock valued at $133,502 in the last ninety days. Corporate insiders own 0.81% of the company’s stock.

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.

See Also

Want to see what other hedge funds are holding AVAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc. (NASDAQ:AVAVFree Report).

Institutional Ownership by Quarter for AeroVironment (NASDAQ:AVAV)

Receive News & Ratings for AeroVironment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AeroVironment and related companies with MarketBeat.com's FREE daily email newsletter.