Stephen Page Sells 1,000 Shares of AeroVironment (NASDAQ:AVAV) Stock

AeroVironment, Inc. (NASDAQ:AVAV) Director Stephen Page sold 1,000 shares of the company’s stock in a transaction that occurred 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 directly owned 51,001 shares of the company’s stock, valued at approximately $19,258,997.62. This represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

AeroVironment Stock Performance

Shares of AVAV traded up $17.35 on Friday, reaching $395.92. 1,653,138 shares of the company’s stock traded hands, compared to its average volume of 1,863,717. The stock’s 50 day simple moving average is $283.66 and its two-hundred day simple moving average is $289.07. The stock has a market cap of $19.77 billion, a PE ratio of -316.73, a PEG ratio of 5.63 and a beta of 1.16. AeroVironment, Inc. has a 52-week low of $102.25 and a 52-week high of $417.86. The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.The company had revenue of $472.51 million during the quarter, compared to analysts’ expectations of $466.16 million. During the same period last year, the firm posted $0.47 earnings per share. AeroVironment’s quarterly revenue was up 150.7% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. On average, analysts forecast that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AVAV has been the subject of several research reports. New Street Research set a $365.00 price target on AeroVironment in a research note on Wednesday, October 1st. KeyCorp set a $285.00 target price on shares of AeroVironment in a research note on Thursday, December 18th. Citigroup restated a “market outperform” rating on shares of AeroVironment in a research note on Monday. Cantor Fitzgerald cut their price objective on shares of AeroVironment from $335.00 to $315.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Finally, Bank of America assumed coverage on shares of AeroVironment in a report on Thursday, September 18th. They set a “buy” rating and a $300.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $375.41.

Hedge Funds Weigh In On AeroVironment

A number of institutional investors have recently added to or reduced their stakes in AVAV. N.E.W. Advisory Services LLC grew its holdings in shares of AeroVironment by 60.0% during the third 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. TD Waterhouse Canada Inc. raised 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 purchasing an additional 40 shares in the last quarter. AlphaQuest LLC bought a new stake in AeroVironment during the third quarter valued at approximately $25,000. ORG Partners LLC grew its stake in AeroVironment by 296.0% in the 2nd quarter. ORG Partners LLC now owns 99 shares of the aerospace company’s stock worth $27,000 after buying an additional 74 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new position in shares of AeroVironment in the 2nd quarter worth $28,000. 86.38% of the stock is currently owned by institutional investors.

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.