Harel Insurance Investments & Financial Services Ltd. Has $2.40 Million Stock Holdings in AeroVironment, Inc. $AVAV

Harel Insurance Investments & Financial Services Ltd. increased its position in AeroVironment, Inc. (NASDAQ:AVAV) by 28.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,632 shares of the aerospace company’s stock after buying an additional 1,712 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in AeroVironment were worth $2,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. N.E.W. Advisory Services LLC raised its stake in shares of AeroVironment by 60.0% during the third quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 30 shares during the last quarter. ORG Partners LLC increased its holdings in 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 purchasing an additional 74 shares during the period. RMG Wealth Management LLC bought a new position in AeroVironment during the 2nd quarter worth $28,000. Vermillion Wealth Management Inc. acquired a new position in AeroVironment during the 3rd quarter worth about $31,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in shares of AeroVironment in the 3rd quarter valued at about $31,000. Institutional investors own 86.38% of the company’s stock.

Insiders Place Their Bets

In other AeroVironment news, CAO Brian Charles Shackley sold 200 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $250.92, for a total value of $50,184.00. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $367.60, for a total value of $367,232.40. Following the completion of the transaction, the chief financial officer owned 17,301 shares in the company, valued at approximately $6,359,847.60. This represents a 5.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,223 shares of company stock worth $1,092,503. Corporate insiders own 0.81% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on AVAV shares. New Street Research set a $365.00 target price on AeroVironment in a report on Wednesday, October 1st. JMP Securities boosted their price target on shares of AeroVironment from $325.00 to $400.00 and gave the stock a “market outperform” rating in a research report on Friday, October 3rd. BNP Paribas upgraded shares of AeroVironment to a “strong-buy” rating in a research report on Tuesday, November 18th. Robert W. Baird lifted their target price on shares of AeroVironment from $267.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of AeroVironment in a research 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 given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $375.41.

AeroVironment Stock Up 3.8%

Shares of NASDAQ AVAV opened at $392.86 on Monday. 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 firm has a market cap of $19.62 billion, a PE ratio of -314.29, a P/E/G ratio of 5.80 and a beta of 1.16. The company’s fifty day simple moving average is $284.93 and its 200 day simple moving average is $290.39. AeroVironment, Inc. has a 12-month low of $102.25 and a 12-month high of $417.86.

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 the consensus estimate 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 company’s revenue for the quarter was up 150.7% on a year-over-year basis. During the same period last year, the firm posted $0.47 earnings per share. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, sell-side analysts forecast that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

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.