Amalgamated Bank Boosts Position in AeroVironment, Inc. $AVAV

Amalgamated Bank increased its stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 72.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,869 shares of the aerospace company’s stock after acquiring an additional 5,846 shares during the period. Amalgamated Bank’s holdings in AeroVironment were worth $4,367,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. United Services Automobile Association acquired a new stake in shares of AeroVironment during the 1st quarter worth approximately $225,000. Strs Ohio acquired a new position in shares of AeroVironment during the first quarter valued at approximately $191,000. Wealth Enhancement Advisory Services LLC lifted its holdings in AeroVironment by 23.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 27,385 shares of the aerospace company’s stock valued at $7,803,000 after purchasing an additional 5,215 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in AeroVironment by 57.6% during the second quarter. Assenagon Asset Management S.A. now owns 8,498 shares of the aerospace company’s stock worth $2,422,000 after acquiring an additional 3,106 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new stake in shares of AeroVironment in the second quarter valued at approximately $267,000. 86.38% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at AeroVironment

In other AeroVironment news, Director Stephen F. Page sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $377.62, for a total value of $377,620.00. Following the completion of the transaction, the director owned 51,001 shares in the company, valued at $19,258,997.62. This represents a 1.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brian Charles Shackley sold 200 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $250.92, for a total value of $50,184.00. Following the sale, the chief accounting officer owned 5,994 shares of the company’s stock, valued at $1,504,014.48. This represents a 3.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,223 shares of company stock valued at $1,092,503 over the last quarter. Company insiders own 0.81% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on AVAV. BNP Paribas Exane assumed coverage on shares of AeroVironment in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $355.00 target price on the stock. New Street Research set a $365.00 price objective on AeroVironment in a research report on Wednesday, October 1st. Canaccord Genuity Group set a $400.00 target price on AeroVironment in a report on Wednesday, December 10th. Zacks Research upgraded shares of AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $390.00 target price on shares of AeroVironment in a report on Thursday, December 11th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $375.41.

AeroVironment Stock Performance

NASDAQ:AVAV opened at $319.63 on Thursday. The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average price of $286.09 and a two-hundred day moving average price of $292.22. AeroVironment, Inc. has a twelve month low of $102.25 and a twelve month high of $417.86. The company has a market capitalization of $15.96 billion, a P/E ratio of -255.70, a price-to-earnings-growth ratio of 4.88 and a beta of 1.16.

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). The firm had revenue of $472.51 million for the quarter, compared to analysts’ expectations of $466.16 million. AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The business’s quarterly revenue was up 150.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, research analysts expect that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal 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.