Leonteq Securities AG Invests $943,000 in AeroVironment, Inc. $AVAV

Leonteq Securities AG bought a new position in AeroVironment, Inc. (NASDAQ:AVAV) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,898 shares of the aerospace company’s stock, valued at approximately $943,000.

Several other institutional investors and hedge funds also recently modified their holdings of AVAV. United Services Automobile Association purchased a new stake in shares of AeroVironment in the first quarter worth about $225,000. Schnieders Capital Management LLC. purchased a new stake in shares of AeroVironment in the second quarter worth about $285,000. American Century Companies Inc. purchased a new stake in shares of AeroVironment in the second quarter worth about $633,000. EverSource Wealth Advisors LLC boosted its position in shares of AeroVironment by 5,200.0% in the second quarter. EverSource Wealth Advisors LLC now owns 159 shares of the aerospace company’s stock worth $45,000 after buying an additional 156 shares during the period. Finally, Marshall Wace LLP boosted its position in shares of AeroVironment by 0.4% in the second quarter. Marshall Wace LLP now owns 24,188 shares of the aerospace company’s stock worth $6,892,000 after buying an additional 108 shares during the period. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Insider Buying and Selling at AeroVironment

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 396 shares of the company’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 sale, the chief financial officer owned 16,026 shares in the company, valued at $3,598,638.30. This represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $162.31, for a total value of $40,577.50. Following the sale, the director owned 49,251 shares in the company, valued at $7,993,929.81. The trade was a 0.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,596 shares of company stock worth $349,456 over the last quarter. 0.81% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada decreased their target price on AeroVironment from $325.00 to $250.00 and set an “outperform” rating for the company in a research 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. Needham & Company LLC reduced their price target on AeroVironment from $450.00 to $400.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. Stifel Nicolaus reduced their price target on AeroVironment from $389.00 to $315.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. Finally, Clear Str raised AeroVironment to a “strong-buy” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $318.78.

AeroVironment Trading Down 0.5%

Shares of AVAV opened at $163.09 on Friday. The company has a market capitalization of $8.14 billion, a P/E ratio of -37.58, a P/E/G ratio of 2.25 and a beta of 1.35. AeroVironment, Inc. has a one year low of $156.00 and a one year high of $417.86. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.54 and a current ratio of 5.51. The stock has a 50-day moving average price of $188.18 and a 200 day moving average price of $248.52.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings results on Tuesday, March 10th. The aerospace company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.04). The business had revenue of $408.05 million during the quarter, compared to analysts’ expectations of $487.94 million. AeroVironment had a negative net margin of 13.93% and a positive return on equity of 3.26%. The company’s revenue for the quarter was up 143.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.30 EPS. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. Sell-side analysts forecast that AeroVironment, Inc. will post 2.94 EPS for the current fiscal year.

About AeroVironment

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.