Key Points
- AeroVironment director Stephen Page sold 250 shares on May 15 at an average price of $162.31, totaling about $40,578. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- AVAV shares were up 2.2% and opened at $161.52, near the stock’s 1-year low of $156.00 but well below its 1-year high of $417.86. The company’s shares also remain below both their 50-day and 200-day moving averages.
- Analysts remain cautiously positive on AeroVironment despite mixed earnings results, with a consensus rating of “Moderate Buy” and an average price target of $318.78. The company recently missed EPS and revenue estimates but posted 143.4% year-over-year revenue growth.
AeroVironment, Inc. (NASDAQ:AVAV - Get Free Report) Director Stephen Page sold 250 shares of AeroVironment stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $162.31, for a total value of $40,577.50. Following the completion of the transaction, the director directly owned 49,251 shares in the company, valued at $7,993,929.81. This represents a 0.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
AeroVironment Trading Up 2.2%
Shares of AVAV opened at $161.52 on Tuesday. The business's 50-day moving average price is $192.01 and its 200 day moving average price is $252.95. The stock has a market capitalization of $8.06 billion, a P/E ratio of -37.22, a P/E/G ratio of 2.17 and a beta of 1.35. AeroVironment, Inc. has a 1-year low of $156.00 and a 1-year high of $417.86. The company has a current ratio of 5.51, a quick ratio of 4.54 and a debt-to-equity ratio of 0.17.
AeroVironment (NASDAQ:AVAV - Get Free Report) last issued 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 company had revenue of $408.05 million during the quarter, compared to analysts' expectations 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 for the quarter was up 143.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. Analysts expect that AeroVironment, Inc. will post 2.94 earnings per share for the current year.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. JPMorgan Chase & Co. assumed coverage on AeroVironment in a research report on Tuesday, February 17th. They set an "overweight" rating and a $320.00 price objective for the company. Jefferies Financial Group decreased their price objective on AeroVironment from $390.00 to $305.00 and set a "buy" rating for the company in a research report on Thursday, March 12th. Raymond James Financial upgraded AeroVironment from an "underperform" rating to a "market perform" rating in a research report on Monday, March 23rd. BTIG Research decreased their price objective on AeroVironment from $415.00 to $330.00 and set a "buy" rating for the company in a research report on Thursday, March 12th. Finally, Zacks Research upgraded AeroVironment from a "strong sell" rating to a "hold" rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $318.78.
View Our Latest Stock Report on AeroVironment
Institutional Investors Weigh In On AeroVironment
A number of institutional investors have recently bought and sold shares of AVAV. Vanguard Group Inc. lifted its holdings in shares of AeroVironment by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 3,530,073 shares of the aerospace company's stock valued at $1,111,585,000 after buying an additional 51,959 shares during the last quarter. Groupama Asset Managment acquired a new stake in shares of AeroVironment during the 3rd quarter valued at about $314,890,000. Geode Capital Management LLC lifted its holdings in shares of AeroVironment by 8.8% during the 4th quarter. Geode Capital Management LLC now owns 884,395 shares of the aerospace company's stock valued at $213,956,000 after buying an additional 71,903 shares during the last quarter. Heard Capital LLC lifted its holdings in shares of AeroVironment by 48.4% during the 4th quarter. Heard Capital LLC now owns 722,150 shares of the aerospace company's stock valued at $174,681,000 after buying an additional 235,685 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of AeroVironment by 17.4% during the 3rd quarter. Van ECK Associates Corp now owns 686,273 shares of the aerospace company's stock valued at $216,101,000 after buying an additional 101,713 shares during the last quarter. 86.38% of the stock is currently owned by institutional investors and hedge funds.
About AeroVironment
(
Get Free Report)
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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