Rheos Capital Works Inc. Buys Shares of 120,000 AeroVironment, Inc. $AVAV

Rheos Capital Works Inc. bought a new position in shares of AeroVironment, Inc. (NASDAQ:AVAV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 120,000 shares of the aerospace company’s stock, valued at approximately $37,787,000. AeroVironment comprises 2.1% of Rheos Capital Works Inc.’s portfolio, making the stock its 19th largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of AeroVironment by 14.3% during the 2nd quarter. Vanguard Group Inc. now owns 3,478,114 shares of the aerospace company’s stock worth $991,089,000 after purchasing an additional 433,830 shares in the last quarter. Geode Capital Management LLC grew its holdings in AeroVironment by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 678,431 shares of the aerospace company’s stock valued at $193,342,000 after buying an additional 6,475 shares during the last quarter. Invesco Ltd. increased its position in AeroVironment by 75.6% during the second quarter. Invesco Ltd. now owns 609,019 shares of the aerospace company’s stock worth $173,540,000 after buying an additional 262,239 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of AeroVironment by 16.4% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 531,122 shares of the aerospace company’s stock worth $151,309,000 after acquiring an additional 74,636 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of AeroVironment by 17.2% in the second quarter. Ameriprise Financial Inc. now owns 504,270 shares of the aerospace company’s stock valued at $143,692,000 after acquiring an additional 73,963 shares in the last quarter. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Insider Buying and Selling at AeroVironment

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 998 shares of the company’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $399.74, for a total transaction of $398,940.52. Following the completion of the sale, the chief financial officer directly owned 19,324 shares in the company, valued at $7,724,575.76. This represents a 4.91% 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, CAO Brian Charles Shackley sold 200 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $250.92, for a total value of $50,184.00. Following the completion of the transaction, the chief accounting officer owned 5,994 shares in the company, valued at approximately $1,504,014.48. This trade represents a 3.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,222 shares of company stock worth $746,592 over the last ninety days. Corporate insiders own 0.81% of the company’s stock.

AeroVironment Price Performance

AVAV opened at $317.03 on Wednesday. AeroVironment, Inc. has a 1 year low of $102.25 and a 1 year high of $417.86. The company’s 50 day simple moving average is $283.76 and its 200 day simple moving average is $283.61. The stock has a market capitalization of $15.83 billion, a PE ratio of -253.62, a P/E/G ratio of 4.39 and a beta of 1.16. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.29 and a current ratio of 5.08.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings results on Tuesday, December 9th. The aerospace company reported $0.44 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 analyst estimates 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% on a year-over-year basis. During the same period last year, the company posted $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, sell-side analysts expect that AeroVironment, Inc. will post 3.38 EPS for the current year.

Analyst Upgrades and Downgrades

AVAV has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating and set a $390.00 price objective on shares of AeroVironment in a research report on Thursday, December 11th. New Street Research set a $365.00 price target on shares of AeroVironment in a report on Wednesday, October 1st. Canaccord Genuity Group set a $400.00 price objective on shares of AeroVironment in a research report on Wednesday, December 10th. William Blair restated an “outperform” rating on shares of AeroVironment in a research report on Tuesday, September 16th. Finally, Royal Bank Of Canada lowered their target price on shares of AeroVironment from $440.00 to $400.00 and set an “outperform” rating for the company in a research note on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $375.41.

About AeroVironment

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.