Canvas Wealth Advisors LLC Has $1.26 Million Stock Position in AeroVironment, Inc. $AVAV

Canvas Wealth Advisors LLC lifted its position in AeroVironment, Inc. (NASDAQ:AVAV) by 706.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,199 shares of the aerospace company’s stock after buying an additional 4,554 shares during the period. Canvas Wealth Advisors LLC’s holdings in AeroVironment were worth $1,258,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in AVAV. N.E.W. Advisory Services LLC grew its stake in AeroVironment by 60.0% in 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 period. AlphaQuest LLC acquired a new stake in shares of AeroVironment during the third quarter worth about $25,000. TD Waterhouse Canada Inc. raised its position in shares of AeroVironment by 100.0% during the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 40 shares during the period. KERR FINANCIAL PLANNING Corp bought a new position in shares of AeroVironment during the 3rd quarter valued at about $29,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of AeroVironment during the 3rd quarter valued at about $31,000. Institutional investors and hedge funds own 86.38% of the company’s stock.

AeroVironment Stock Up 1.4%

Shares of AeroVironment stock opened at $199.02 on Thursday. The firm has a market cap of $9.94 billion, a PE ratio of -45.86, a P/E/G ratio of 3.42 and a beta of 1.26. The business’s 50 day simple moving average is $259.03 and its 200 day simple moving average is $290.46. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.54 and a current ratio of 5.51. AeroVironment, Inc. has a 52-week low of $102.25 and a 52-week high of $417.86.

AeroVironment (NASDAQ:AVAV) last released its quarterly earnings results on Tuesday, March 10th. The aerospace company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.04). The firm had revenue of $408.05 million for the quarter, compared to analyst estimates of $487.94 million. AeroVironment had a positive return on equity of 3.26% and a negative net margin of 13.93%.The company’s revenue was up 143.4% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. On average, analysts predict that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

Key AeroVironment News

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: Raymond James upgraded AeroVironment to Market Perform; the bump in analyst sentiment helped support buying interest. Raymond James upgrade article
• Positive Sentiment: Zacks highlights expansion and upgrades across AVAV’s tactical UAS portfolio, arguing this positions the company to capture rising defense demand and drive long-term revenue growth. Can AeroVironment’s Tactical UAS Portfolio Drive Revenue Growth?
• Positive Sentiment: AVAV formally launched LOCUST® X3, a third‑generation high‑energy laser system (20–35+ kW, modular/AI-enabled) aimed at counter‑drone defense—an important product for defense customers and longer‑term backlog potential. LOCUST X3 press release
• Neutral Sentiment: Broader market and geopolitics have boosted defense names in recent sessions (a pause in military action news helped the group); this macro support likely aided AVAV’s move but is not company‑specific. Defense sector lift article
• Neutral Sentiment: Multiple short‑interest reports showed zero or NaN changes (data appears unreliable/glitched); no actionable short‑interest signal emerged from the recent filings. (Data source aggregated)
• Negative Sentiment: Despite the LOCUST X3 announcement, some headlines noted an immediate share pullback and intraday slip (~low-single-digit percent moves), suggesting investors wanted clearer near‑term contracts/backlog or were digesting the company’s recent earnings miss. Stock reaction to LOCUST X3

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Citigroup reissued a “market outperform” rating on shares of AeroVironment in a research note on Monday, January 12th. Needham & Company LLC cut their price target on shares of AeroVironment from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Jefferies Financial Group reduced their price target on shares of AeroVironment from $390.00 to $305.00 and set a “buy” rating for the company in a report on Thursday, March 12th. Raymond James Financial raised shares of AeroVironment from an “underperform” rating to a “market perform” rating in a research report on Monday. Finally, Stifel Nicolaus dropped their price objective on shares of AeroVironment from $389.00 to $315.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $318.78.

Insider Buying and Selling

In related news, Director Stephen F. Page sold 1,000 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were 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 approximately $19,258,997.62. This trade represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Brian Charles Shackley sold 200 shares of AeroVironment stock in a transaction on Monday, March 16th. The shares were sold at an average price of $212.52, for a total transaction of $42,504.00. Following the completion of the sale, the chief accounting officer owned 5,794 shares in the company, valued at $1,231,340.88. The trade was a 3.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 4,924 shares of company stock worth $1,486,038. 0.81% of the stock is owned by insiders.

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.