Emerald Advisers LLC Has $77.94 Million Position in AeroVironment, Inc. $AVAV

Emerald Advisers LLC reduced its position in AeroVironment, Inc. (NASDAQ:AVAV) by 2.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 247,507 shares of the aerospace company’s stock after selling 5,179 shares during the quarter. AeroVironment comprises about 2.5% of Emerald Advisers LLC’s portfolio, making the stock its 3rd largest position. Emerald Advisers LLC owned about 0.50% of AeroVironment worth $77,937,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 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 stake in shares of AeroVironment in the 1st quarter valued at $191,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of 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. increased its stake in shares of AeroVironment by 57.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 8,498 shares of the aerospace company’s stock valued at $2,422,000 after purchasing an additional 3,106 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of AeroVironment during the 2nd quarter worth $267,000. 86.38% of the stock is currently owned by institutional investors and hedge funds.

AeroVironment Trading Down 3.4%

AVAV opened at $319.63 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.08 and a quick ratio of 4.29. AeroVironment, Inc. has a fifty-two week low of $102.25 and a fifty-two week high of $417.86. The company’s 50 day moving average price is $286.09 and its two-hundred day moving average price is $292.22. The firm has a market capitalization of $15.96 billion, a price-to-earnings ratio of -255.70, a PEG ratio of 4.88 and a beta of 1.16.

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

Insider Buying and Selling at AeroVironment

In related news, Director Stephen F. Page sold 1,000 shares of AeroVironment 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 transaction, the director directly owned 51,001 shares of the company’s stock, valued at $19,258,997.62. The trade was a 1.92% decrease in their ownership of the stock. 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 company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were 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 in the company, valued at $1,504,014.48. The trade was a 3.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,223 shares of company stock worth $1,092,503. Insiders own 0.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AVAV shares. Cantor Fitzgerald decreased 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, December 10th. Jefferies Financial Group reaffirmed a “buy” rating and set a $390.00 price target on shares of AeroVironment in a report on Thursday, December 11th. BTIG Research reissued a “buy” rating and issued a $415.00 price objective on shares of AeroVironment in a research note on Monday, November 24th. Canaccord Genuity Group set a $400.00 target price on shares of AeroVironment in a research report on Wednesday, December 10th. Finally, Robert W. Baird upped their price target on shares of AeroVironment from $267.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, AeroVironment currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.41.

AeroVironment 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.