1,639 Shares in AeroVironment, Inc. $AVAV Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in AeroVironment, Inc. (NASDAQ:AVAV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,639 shares of the aerospace company’s stock, valued at approximately $467,000.

Other hedge funds have also modified their holdings of the company. Stephens Investment Management Group LLC boosted its position in shares of AeroVironment by 41.0% in the first quarter. Stephens Investment Management Group LLC now owns 763,489 shares of the aerospace company’s stock worth $91,000,000 after acquiring an additional 221,948 shares during the last quarter. Penserra Capital Management LLC lifted its position in AeroVironment by 35.4% during the first quarter. Penserra Capital Management LLC now owns 17,873 shares of the aerospace company’s stock valued at $2,130,000 after buying an additional 4,669 shares in the last quarter. Stephens Inc. AR lifted its position in AeroVironment by 94.8% during the first quarter. Stephens Inc. AR now owns 4,415 shares of the aerospace company’s stock valued at $526,000 after buying an additional 2,148 shares in the last quarter. Vontobel Holding Ltd. acquired a new position in AeroVironment during the first quarter valued at approximately $1,142,000. Finally, Principal Financial Group Inc. lifted its position in AeroVironment by 2.3% during the first quarter. Principal Financial Group Inc. now owns 139,835 shares of the aerospace company’s stock valued at $16,667,000 after buying an additional 3,183 shares in the last quarter. 86.38% of the stock is owned by institutional investors and hedge funds.

AeroVironment Trading Up 2.5%

NASDAQ AVAV opened at $308.69 on Tuesday. The company’s fifty day simple moving average is $258.00 and its 200-day simple moving average is $205.34. AeroVironment, Inc. has a 52 week low of $102.25 and a 52 week high of $317.11. The company has a current ratio of 5.96, a quick ratio of 5.12 and a debt-to-equity ratio of 0.16. The stock has a market cap of $15.41 billion, a P/E ratio of -482.32, a PEG ratio of 5.11 and a beta of 1.03.

AeroVironment (NASDAQ:AVAV) last posted its earnings results on Tuesday, September 9th. The aerospace company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The firm had revenue of $454.68 million for the quarter, compared to analyst estimates of $446.16 million. AeroVironment had a positive return on equity of 4.67% and a negative net margin of 4.14%.The company’s revenue for the quarter was up 140.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.89 earnings per share. AeroVironment has set its FY 2026 guidance at 3.600-3.70 EPS. Equities research analysts predict that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Canaccord Genuity Group assumed coverage on shares of AeroVironment in a research report on Monday, August 11th. They set a “buy” rating and a $305.00 price target on the stock. Raymond James Financial lifted their price target on shares of AeroVironment from $300.00 to $348.00 and gave the company a “strong-buy” rating in a research report on Monday. BTIG Research reaffirmed a “buy” rating and set a $300.00 price target on shares of AeroVironment in a research report on Friday, September 19th. Royal Bank Of Canada lifted their price target on shares of AeroVironment from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, September 25th. Finally, Citizens Jmp initiated coverage on shares of AeroVironment in a research report on Monday, August 4th. They set a “strong-buy” rating and a $325.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, AeroVironment has a consensus rating of “Buy” and an average price target of $304.69.

Insider Activity

In related news, CEO Wahid Nawabi sold 17,300 shares of AeroVironment stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $263.05, for a total value of $4,550,765.00. Following the completion of the sale, the chief executive officer owned 122,233 shares in the company, valued at approximately $32,153,390.65. The trade was a 12.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.81% of the company’s stock.

AeroVironment Company Profile

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.