AeroVironment, Inc. (NASDAQ:AVAV – Get Free Report) CFO Kevin Patrick Mcdonnell sold 999 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $367.60, for a total transaction of $367,232.40. Following the transaction, the chief financial officer directly owned 17,301 shares in the company, valued at $6,359,847.60. The trade was a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Kevin Patrick Mcdonnell also recently made the following trade(s):
- On Wednesday, December 10th, Kevin Patrick Mcdonnell sold 511 shares of AeroVironment stock. The stock was sold at an average price of $249.37, for a total value of $127,428.07.
- On Monday, November 10th, Kevin Patrick Mcdonnell sold 513 shares of AeroVironment stock. The shares were sold at an average price of $331.46, for a total value of $170,038.98.
AeroVironment Stock Performance
AVAV traded down $6.82 on Tuesday, hitting $363.86. The company had a trading volume of 1,587,273 shares, compared to its average volume of 1,937,180. The company’s fifty day moving average price is $282.06 and its 200 day moving average price is $287.19. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $417.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.08 and a quick ratio of 4.29. The stock has a market cap of $18.17 billion, a price-to-earnings ratio of -291.09, a price-to-earnings-growth ratio of 5.39 and a beta of 1.16.
Hedge Funds Weigh In On AeroVironment
Several large investors have recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC grew 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 worth $25,000 after purchasing an additional 30 shares in the last quarter. Rothschild Investment LLC raised its stake in shares of AeroVironment by 7.8% in the third quarter. Rothschild Investment LLC now owns 498 shares of the aerospace company’s stock valued at $157,000 after purchasing an additional 36 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in AeroVironment by 100.0% in 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. Thurston Springer Miller Herd & Titak Inc. boosted its stake in AeroVironment by 21.5% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 237 shares of the aerospace company’s stock worth $68,000 after buying an additional 42 shares in the last quarter. Finally, Amalgamated Bank increased its holdings in AeroVironment by 0.6% in the 2nd quarter. Amalgamated Bank now owns 8,023 shares of the aerospace company’s stock valued at $2,286,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds own 86.38% of the company’s stock.
Analyst Upgrades and Downgrades
AVAV has been the subject of a number of research analyst reports. William Blair reissued an “outperform” rating on shares of AeroVironment in a research report on Tuesday, September 16th. Robert W. Baird boosted their price objective on AeroVironment from $267.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. BNP Paribas upgraded AeroVironment to a “strong-buy” rating in a research note on Tuesday, November 18th. Canaccord Genuity Group set a $400.00 price target on AeroVironment in a research report on Wednesday, December 10th. Finally, Citigroup reiterated a “market outperform” rating on shares of AeroVironment in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, AeroVironment presently has an average rating of “Moderate Buy” and a consensus price target of $375.41.
Check Out Our Latest Report on AeroVironment
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.
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