AWM Investment Company Inc. Trims Position in AeroVironment, Inc. $AVAV

AWM Investment Company Inc. decreased its position in AeroVironment, Inc. (NASDAQ:AVAV) by 12.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 113,893 shares of the aerospace company’s stock after selling 15,900 shares during the period. AeroVironment makes up 3.6% of AWM Investment Company Inc.’s portfolio, making the stock its 5th largest position. AWM Investment Company Inc. owned approximately 0.23% of AeroVironment worth $32,454,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Canada Pension Plan Investment Board bought a new position in AeroVironment during the second quarter worth about $171,000. Bayesian Capital Management LP bought a new stake in shares of AeroVironment in the second quarter worth about $2,084,000. Quantinno Capital Management LP acquired a new stake in shares of AeroVironment during the second quarter worth about $322,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of AeroVironment by 16.4% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 531,122 shares of the aerospace company’s stock valued at $151,309,000 after purchasing an additional 74,636 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in AeroVironment by 7.4% during the 2nd quarter. Alliancebernstein L.P. now owns 477,055 shares of the aerospace company’s stock worth $135,937,000 after buying an additional 32,721 shares during the period. Institutional investors own 86.38% of the company’s stock.

AeroVironment Stock Performance

AVAV opened at $239.00 on Friday. The business’s 50-day simple moving average is $327.59 and its 200 day simple moving average is $274.27. AeroVironment, Inc. has a 52-week low of $102.25 and a 52-week high of $417.86. The company has a debt-to-equity ratio of 0.16, a quick ratio of 5.12 and a current ratio of 5.08. The firm has a market capitalization of $11.93 billion, a PE ratio of -191.20, a PEG ratio of 3.69 and a beta of 1.13.

AeroVironment (NASDAQ:AVAV) last posted its quarterly earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). The company had revenue of $472.51 million during the quarter, compared to the consensus estimate 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 for the quarter was up 150.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.47 earnings per share. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, sell-side analysts expect that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of AeroVironment in a research report on Monday. New Street Research set a $365.00 price target on AeroVironment in a research note on Wednesday, October 1st. BNP Paribas Exane began coverage on AeroVironment in a research report on Tuesday, November 18th. They set an “outperform” rating and a $355.00 price objective for the company. Royal Bank Of Canada decreased their price objective on AeroVironment from $440.00 to $400.00 and set an “outperform” rating for the company in a report on Monday, December 8th. Finally, Cantor Fitzgerald dropped their target price on AeroVironment from $335.00 to $315.00 and set an “overweight” rating on the stock in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, AeroVironment has a consensus rating of “Moderate Buy” and an average price target of $381.06.

Insider Buying and Selling at AeroVironment

In related news, insider Trace E. Stevenson sold 1,717 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $381.00, for a total transaction of $654,177.00. Following the transaction, the insider directly owned 4,907 shares in the company, valued at approximately $1,869,567. The trade was a 25.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kevin Patrick Mcdonnell sold 998 shares of the company’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $399.74, for a total transaction of $398,940.52. Following the sale, the chief financial officer directly owned 19,324 shares in the company, valued at $7,724,575.76. This trade represents a 4.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,739 shares of company stock valued at $1,350,585 over the last three months. 0.81% of the stock is owned by company insiders.

AeroVironment 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.