Stephen Page Sells 1,000 Shares of AeroVironment (NASDAQ:AVAV) Stock

AeroVironment, Inc. (NASDAQ:AVAV) Director Stephen Page sold 1,000 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $377.62, for a total value of $377,620.00. Following the transaction, the director directly owned 51,001 shares of the company’s stock, valued at $19,258,997.62. This trade represents a 1.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

AeroVironment Stock Up 3.8%

NASDAQ:AVAV opened at $392.86 on Friday. AeroVironment, Inc. has a twelve month low of $102.25 and a twelve month high of $417.86. The firm has a market capitalization of $19.62 billion, a price-to-earnings ratio of -314.29, a price-to-earnings-growth ratio of 5.80 and a beta of 1.16. The company has a quick ratio of 4.29, a current ratio of 5.08 and a debt-to-equity ratio of 0.16. The stock’s 50 day moving average price is $284.93 and its two-hundred day moving average price is $290.09.

AeroVironment (NASDAQ:AVAV) last released its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share 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 the consensus estimate of $466.16 million. During the same period in the prior year, the business posted $0.47 earnings per share. AeroVironment’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. Equities research analysts expect that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

Hedge Funds Weigh In On AeroVironment

Institutional investors and hedge funds have recently modified their holdings of the business. N.E.W. Advisory Services LLC raised its stake in AeroVironment by 60.0% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 30 shares in the last quarter. AlphaQuest LLC acquired a new stake in shares of AeroVironment in the third quarter valued at approximately $25,000. Tema Etfs LLC bought a new stake in shares of AeroVironment in the fourth quarter valued at approximately $26,000. ORG Partners LLC boosted its stake in shares of AeroVironment by 296.0% in the second quarter. ORG Partners LLC now owns 99 shares of the aerospace company’s stock valued at $27,000 after buying an additional 74 shares during the period. Finally, RMG Wealth Management LLC acquired a new stake in AeroVironment during the second quarter worth approximately $28,000. 86.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AVAV shares. Raymond James Financial reiterated a “strong-buy” rating on shares of AeroVironment in a research note on Tuesday, December 16th. The Goldman Sachs Group cut their price objective on AeroVironment from $486.00 to $429.00 and set a “buy” rating for the company in a research report on Friday, December 12th. KeyCorp set a $285.00 target price on AeroVironment in a report on Thursday, December 18th. Cantor Fitzgerald cut their price target on AeroVironment from $335.00 to $315.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Finally, Piper Sandler reiterated an “overweight” rating on shares of AeroVironment in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $375.41.

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.