AeroVironment, Inc. $AVAV Position Increased by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. boosted its position in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 199.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,632 shares of the aerospace company’s stock after purchasing an additional 5,747 shares during the period. Ameritas Investment Partners Inc.’s holdings in AeroVironment were worth $2,718,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC lifted its holdings in shares of AeroVironment by 60.0% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock valued at $25,000 after buying an additional 30 shares during the last quarter. Rothschild Investment LLC raised its position in AeroVironment by 7.8% during the third quarter. Rothschild Investment LLC now owns 498 shares of the aerospace company’s stock valued at $157,000 after acquiring an additional 36 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in AeroVironment by 100.0% in the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock valued at $28,000 after acquiring an additional 40 shares during the last quarter. Amalgamated Bank lifted its stake in AeroVironment by 0.6% in the second quarter. Amalgamated Bank now owns 8,023 shares of the aerospace company’s stock valued at $2,286,000 after acquiring an additional 44 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in AeroVironment by 60.3% in the second quarter. Bessemer Group Inc. now owns 117 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AVAV shares. Citizens Jmp reaffirmed a “market outperform” rating and issued a $400.00 price objective on shares of AeroVironment in a research note on Thursday, February 12th. BTIG Research restated a “buy” rating and set a $415.00 target price on shares of AeroVironment in a report on Monday, January 26th. Weiss Ratings downgraded AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 9th. Canaccord Genuity Group set a $400.00 price objective on AeroVironment in a report on Wednesday, December 10th. Finally, Citigroup restated a “market outperform” rating on shares of AeroVironment in a report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $367.00.

Insider Activity 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 of the company’s stock, 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 SEC, which is available at this link. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $367.60, for a total value of $367,232.40. Following the sale, 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. Insiders have sold 4,339 shares of company stock worth $1,353,910 over the last three months. Company insiders own 0.81% of the company’s stock.

AeroVironment Price Performance

NASDAQ:AVAV opened at $261.33 on Tuesday. 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 one year low of $102.25 and a one year high of $417.86. The company has a fifty day moving average price of $285.91 and a 200 day moving average price of $293.92. The stock has a market cap of $13.05 billion, a P/E ratio of -209.06, a PEG ratio of 3.99 and a beta of 1.23.

AeroVironment (NASDAQ:AVAV) last posted 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 company had revenue of $472.51 million for the quarter, compared to the consensus estimate of $466.16 million. AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.The business’s revenue for the quarter was up 150.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Analysts anticipate that AeroVironment, Inc. will post 3.38 earnings per share for the current year.

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.