Brookwood Investment Group LLC Takes Position in AeroVironment, Inc. $AVAV

Brookwood Investment Group LLC bought a new position in shares of AeroVironment, Inc. (NASDAQ:AVAV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,027 shares of the aerospace company’s stock, valued at approximately $638,000.

Other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC increased its holdings in shares of AeroVironment by 296.0% in the 2nd quarter. ORG Partners LLC now owns 99 shares of the aerospace company’s stock worth $27,000 after buying an additional 74 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of AeroVironment during the second quarter worth approximately $28,000. Bessemer Group Inc. raised its position in AeroVironment by 60.3% during the 2nd quarter. Bessemer Group Inc. now owns 117 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 44 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in AeroVironment by 5,200.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 159 shares of the aerospace company’s stock worth $45,000 after acquiring an additional 156 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in AeroVironment during the second quarter valued at approximately $46,000. 86.38% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AeroVironment

In other AeroVironment news, CAO Brian Charles Shackley sold 200 shares of the firm’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $250.92, for a total transaction of $50,184.00. Following the completion of the transaction, the chief accounting officer owned 5,994 shares of the company’s stock, valued at approximately $1,504,014.48. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Trace E. Stevenson sold 1,717 shares of AeroVironment stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $381.00, for a total value of $654,177.00. Following the sale, the insider owned 4,907 shares of the company’s stock, valued at approximately $1,869,567. This represents a 25.92% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 3,939 shares of company stock valued at $1,400,769. Insiders own 0.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on AVAV shares. Citizens Jmp restated a “market outperform” rating and set a $400.00 price objective on shares of AeroVironment in a report on Wednesday, December 10th. Piper Sandler reaffirmed an “overweight” rating on shares of AeroVironment in a research report on Wednesday, December 10th. Bank of America assumed coverage on shares of AeroVironment in a report on Thursday, September 18th. They set a “buy” rating and a $300.00 target price for the company. Citigroup restated an “outperform” rating on shares of AeroVironment in a research report on Friday, October 3rd. Finally, BNP Paribas upgraded AeroVironment to a “strong-buy” rating in a report on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $375.41.

AeroVironment Price Performance

Shares of AVAV opened at $256.19 on Friday. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $417.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.08 and a quick ratio of 4.29. The stock has a market cap of $12.79 billion, a PE ratio of -204.95, a price-to-earnings-growth ratio of 3.78 and a beta of 1.16. The firm has a fifty day moving average price of $286.67 and a 200 day moving average price of $281.32.

AeroVironment (NASDAQ:AVAV) last announced its quarterly earnings data on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.43). AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The firm had revenue of $472.51 million during the quarter, compared to analyst estimates of $466.16 million. During the same period in the prior year, the firm posted $0.47 earnings per share. The business’s quarterly revenue was up 150.7% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, sell-side analysts anticipate that AeroVironment, Inc. will post 3.38 EPS for the current year.

AeroVironment Company Profile

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.