SG Americas Securities LLC Acquires 8,159 Shares of AeroVironment, Inc. $AVAV

SG Americas Securities LLC lifted its holdings in AeroVironment, Inc. (NASDAQ:AVAV) by 94.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,787 shares of the aerospace company’s stock after buying an additional 8,159 shares during the quarter. SG Americas Securities LLC’s holdings in AeroVironment were worth $4,061,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of AVAV. Groupama Asset Managment acquired a new position in AeroVironment in the 3rd quarter worth $314,890,000. CIBC Private Wealth Group LLC raised its stake in shares of AeroVironment by 24,798.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 315,716 shares of the aerospace company’s stock valued at $99,416,000 after purchasing an additional 314,448 shares during the period. Norges Bank bought a new stake in shares of AeroVironment in the second quarter valued at about $75,690,000. Invesco Ltd. lifted its holdings in shares of AeroVironment by 75.6% in the second quarter. Invesco Ltd. now owns 609,019 shares of the aerospace company’s stock valued at $173,540,000 after purchasing an additional 262,239 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of AeroVironment by 3,880.9% during the third quarter. Franklin Resources Inc. now owns 206,607 shares of the aerospace company’s stock worth $65,058,000 after buying an additional 201,417 shares during the period. 86.38% of the stock is owned by institutional investors.

AeroVironment Price Performance

NASDAQ:AVAV opened at $184.36 on Friday. The company has a market cap of $9.21 billion, a P/E ratio of -42.48, a P/E/G ratio of 3.20 and a beta of 1.38. The firm’s fifty day moving average price is $238.65 and its two-hundred day moving average price is $287.81. AeroVironment, Inc. has a one year low of $102.25 and a one year high of $417.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.51 and a quick ratio of 4.54.

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

Analysts Set New Price Targets

A number of research firms recently issued reports on AVAV. KeyCorp decreased their price objective on AeroVironment from $330.00 to $295.00 and set an “overweight” rating for the company in a report on Wednesday, March 11th. Weiss Ratings downgraded AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 9th. Raymond James Financial raised shares of AeroVironment from an “underperform” rating to a “market perform” rating in a research note on Monday, March 23rd. BTIG Research lowered their price objective on shares of AeroVironment from $415.00 to $330.00 and set a “buy” rating on the stock in a report on Thursday, March 12th. Finally, JPMorgan Chase & Co. started coverage on shares of AeroVironment in a research report on Tuesday, February 17th. They issued an “overweight” rating and a $320.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $318.78.

Insiders Place Their Bets

In other news, CFO Kevin Patrick Mcdonnell sold 396 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $224.55, for a total transaction of $88,921.80. Following the completion of the sale, the chief financial officer owned 16,026 shares in the company, valued at $3,598,638.30. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $212.52, for a total value of $53,130.00. Following the completion of the transaction, the director directly owned 49,751 shares in the company, valued at $10,573,082.52. The trade was a 0.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,724 shares of company stock worth $1,435,854 over the last three months. Insiders own 0.81% of the company’s stock.

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.