AeroVironment (NASDAQ:AVAV) Director Stephen Page Sells 250 Shares of Stock

AeroVironment, Inc. (NASDAQ:AVAV) Director Stephen Page sold 250 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 49,251 shares in the company, valued at $7,993,929.81. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

AeroVironment Price Performance

Shares of AVAV opened at $161.52 on Tuesday. The firm has a market capitalization of $8.06 billion, a price-to-earnings ratio of -37.22, a price-to-earnings-growth ratio of 2.17 and a beta of 1.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.54 and a current ratio of 5.51. AeroVironment, Inc. has a one year low of $156.00 and a one year high of $417.86. The stock’s fifty day moving average is $192.01 and its 200-day moving average is $252.95.

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 for the quarter, compared to analyst estimates of $487.94 million. AeroVironment had a negative net margin of 13.93% and a positive return on equity of 3.26%. AeroVironment’s revenue for the quarter was up 143.4% on a year-over-year basis. During the same period last year, the business posted $0.30 earnings per share. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. Equities analysts anticipate that AeroVironment, Inc. will post 2.94 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Stifel Nicolaus decreased their target price on AeroVironment from $389.00 to $315.00 and set a “buy” rating for the company in a research note on Wednesday, March 11th. KeyCorp dropped their price target on shares of AeroVironment from $330.00 to $295.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 11th. Zacks Research raised shares of AeroVironment from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Royal Bank Of Canada cut their price target on shares of AeroVironment from $325.00 to $250.00 and set an “outperform” rating for the company in a report on Wednesday, March 11th. Finally, UBS Group cut their price target on shares of AeroVironment from $259.00 to $236.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $318.78.

Institutional Investors Weigh In On AeroVironment

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AlphaQuest LLC purchased a new position in AeroVironment in the 3rd quarter worth about $25,000. Sunbelt Securities Inc. purchased a new position in AeroVironment in the 1st quarter worth about $25,000. Tema Etfs LLC purchased a new position in AeroVironment in the 4th quarter worth about $26,000. Hilton Head Capital Partners LLC purchased a new position in AeroVironment in the 4th quarter worth about $26,000. Finally, TD Waterhouse Canada Inc. increased its stake in AeroVironment by 100.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 40 shares in the last quarter. 86.38% of the stock is owned by institutional investors and hedge funds.

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.