CloudAlpha Capital Management Limited Hong Kong Acquires New Holdings in AeroVironment, Inc. $AVAV

CloudAlpha Capital Management Limited Hong Kong bought a new position in AeroVironment, Inc. (NASDAQ:AVAV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,800 shares of the aerospace company’s stock, valued at approximately $5,290,000.

Other large investors also recently made changes to their positions in the company. United Services Automobile Association acquired a new stake in AeroVironment in the 1st quarter valued at approximately $225,000. KLP Kapitalforvaltning AS grew its stake in shares of AeroVironment by 1.7% in the second quarter. KLP Kapitalforvaltning AS now owns 5,900 shares of the aerospace company’s stock worth $1,681,000 after purchasing an additional 100 shares in the last quarter. US Bancorp DE increased its holdings in shares of AeroVironment by 13.5% during the second quarter. US Bancorp DE now owns 8,068 shares of the aerospace company’s stock valued at $2,299,000 after purchasing an additional 961 shares during the period. IFP Advisors Inc increased its holdings in shares of AeroVironment by 25.7% during the second quarter. IFP Advisors Inc now owns 1,650 shares of the aerospace company’s stock valued at $498,000 after purchasing an additional 337 shares during the period. Finally, Fifth Third Wealth Advisors LLC bought a new stake in shares of AeroVironment during the second quarter valued at about $290,000. Institutional investors and hedge funds own 86.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AVAV shares. BNP Paribas Exane initiated coverage on shares of AeroVironment in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $355.00 target price for the company. KeyCorp upped their price target on shares of AeroVironment from $285.00 to $330.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Weiss Ratings upgraded shares of AeroVironment from a “sell (d)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Citigroup reissued a “market outperform” rating on shares of AeroVironment in a report on Monday, January 12th. Finally, Zacks Research upgraded AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $378.06.

Insider Activity

In related news, CFO Kevin Patrick Mcdonnell sold 999 shares of the business’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $367.60, for a total transaction of $367,232.40. Following the transaction, the chief financial officer owned 17,301 shares of the company’s stock, valued at approximately $6,359,847.60. The trade was a 5.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Stephen F. Page sold 1,000 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $377.62, for a total transaction of $377,620.00. Following the transaction, the director owned 51,001 shares in the company, valued at approximately $19,258,997.62. The trade was a 1.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,710 shares of company stock valued at $922,464 over the last 90 days. 0.81% of the stock is currently owned by company insiders.

AeroVironment Stock Performance

Shares of AVAV opened at $274.35 on Tuesday. The company has a market capitalization of $13.70 billion, a PE ratio of -219.48, a PEG ratio of 3.80 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.29 and a current ratio of 5.08. The company’s 50 day moving average price is $287.31 and its 200 day moving average price is $294.61. AeroVironment, Inc. has a 52 week low of $102.25 and a 52 week high of $417.86.

AeroVironment (NASDAQ:AVAV) last issued its 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). The firm had revenue of $472.51 million during 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 revenue for the quarter was up 150.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Research analysts expect that AeroVironment, Inc. will post 3.38 EPS 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.