Key Points
- Director Stephen Page sold 250 AeroVironment shares for $47,995 under a pre-arranged Rule 10b5-1 plan, reducing his direct ownership by 0.51% to 48,503 shares.
- AeroVironment reported quarterly EPS of $1.84, beating estimates of $1.47, while revenue rose 133.3% year over year to $641.62 million. The company issued FY 2027 EPS guidance of $3.02–$3.34.
- The stock opened at $172.74, well below its 52-week high of $417.86. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $266.68, though some have recently lowered their targets.
AeroVironment, Inc. (NASDAQ:AVAV - Get Free Report) Director Stephen Page sold 250 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $191.98, for a total transaction of $47,995.00. Following the sale, the director directly owned 48,503 shares of the company's stock, valued at $9,311,605.94. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
AeroVironment Stock Down 0.8%
NASDAQ:AVAV opened at $172.74 on Thursday. The firm has a market capitalization of $8.78 billion, a price-to-earnings ratio of -46.94, a PEG ratio of 5.92 and a beta of 1.41. AeroVironment, Inc. has a 1-year low of $135.20 and a 1-year high of $417.86. The company has a current ratio of 4.30, a quick ratio of 3.59 and a debt-to-equity ratio of 0.17. The business's fifty day moving average price is $162.49 and its 200 day moving average price is $191.61.
AeroVironment (NASDAQ:AVAV - Get Free Report) last posted its quarterly earnings results on Monday, June 29th. The aerospace company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.47 by $0.37. AeroVironment had a negative net margin of 9.00% and a positive return on equity of 3.71%. The business had revenue of $641.62 million for the quarter, compared to analysts' expectations of $555.97 million. During the same period in the previous year, the company posted $1.61 EPS. AeroVironment's revenue was up 133.3% on a year-over-year basis. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. On average, sell-side analysts forecast that AeroVironment, Inc. will post 3.26 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in AVAV. Sunbelt Securities Inc. bought a new stake in AeroVironment during the 1st quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of AeroVironment during the fourth quarter worth approximately $26,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of AeroVironment during the first quarter worth approximately $28,000. Hazlett Burt & Watson Inc. grew its stake in shares of AeroVironment by 90.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 133 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 63 shares during the last quarter. Finally, Toth Financial Advisory Corp acquired a new stake in shares of AeroVironment in the second quarter valued at approximately $33,000. 86.38% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have commented on AVAV shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 price target on shares of AeroVironment in a report on Thursday, July 9th. Piper Sandler decreased their price target on AeroVironment from $248.00 to $235.00 and set an "overweight" rating on the stock in a research note on Thursday, July 9th. Citigroup reissued a "market outperform" rating on shares of AeroVironment in a report on Tuesday, July 28th. Wolfe Research lowered shares of AeroVironment to a "buy" rating in a report on Tuesday, June 30th. Finally, Royal Bank Of Canada cut shares of AeroVironment from an "outperform" rating to a "sector perform" rating and dropped their target price for the stock from $210.00 to $180.00 in a research report on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $266.68.
Get Our Latest Stock Report on AVAV
AeroVironment Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
