Generali Investments Management Co LLC Has $351,000 Holdings in AeroVironment, Inc. $AVAV

Generali Investments Management Co LLC trimmed its position in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 68.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,125 shares of the aerospace company’s stock after selling 4,596 shares during the quarter. Generali Investments Management Co LLC’s holdings in AeroVironment were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of AVAV. Legacy Bridge LLC boosted its holdings in shares of AeroVironment by 1.0% in the 4th quarter. Legacy Bridge LLC now owns 4,046 shares of the aerospace company’s stock worth $979,000 after acquiring an additional 39 shares in the last quarter. NewEdge Wealth LLC grew its position in AeroVironment by 1.1% during the 4th quarter. NewEdge Wealth LLC now owns 3,709 shares of the aerospace company’s stock worth $897,000 after acquiring an additional 39 shares during the last quarter. J.W. Cole Advisors Inc. increased its holdings in AeroVironment by 3.7% during the 4th quarter. J.W. Cole Advisors Inc. now owns 1,081 shares of the aerospace company’s stock valued at $261,000 after purchasing an additional 39 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in AeroVironment by 29.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 188 shares of the aerospace company’s stock valued at $45,000 after purchasing an additional 43 shares in the last quarter. Finally, Signaturefd LLC raised its position in AeroVironment by 10.5% in the 4th quarter. Signaturefd LLC now owns 495 shares of the aerospace company’s stock valued at $120,000 after purchasing an additional 47 shares during the last quarter. Institutional investors and hedge funds own 86.38% of the company’s stock.

AeroVironment Stock Up 1.3%

Shares of NASDAQ:AVAV opened at $189.15 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.30 and a quick ratio of 3.59. The stock has a market cap of $9.57 billion, a price-to-earnings ratio of -51.40, a P/E/G ratio of 6.35 and a beta of 1.41. The company has a 50 day moving average of $162.89 and a 200-day moving average of $197.61. AeroVironment, Inc. has a one year low of $135.20 and a one year high of $417.86.

AeroVironment (NASDAQ:AVAV) last posted its quarterly earnings results on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.37. The company had revenue of $641.62 million for the quarter, compared to the consensus estimate of $555.97 million. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.The firm’s quarterly revenue was up 133.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.61 EPS. 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 year.

Insider Activity

In other news, Director Stephen F. Page sold 250 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $174.41, for a total transaction of $43,602.50. Following the completion of the sale, the director owned 49,001 shares of the company’s stock, valued at $8,546,264.41. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.81% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AVAV has been the topic of a number of recent analyst reports. Citigroup reissued a “market outperform” rating on shares of AeroVironment in a research note on Tuesday, July 28th. Jefferies Financial Group lowered their target price on AeroVironment from $305.00 to $229.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Zacks Research raised AeroVironment from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. BTIG Research reiterated a “buy” rating and set a $205.00 price target on shares of AeroVironment in a research report on Thursday, July 9th. Finally, Canaccord Genuity Group decreased their price objective on shares of AeroVironment from $280.00 to $240.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Two investment 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’s stock. Based on data from MarketBeat.com, AeroVironment has a consensus rating of “Moderate Buy” and a consensus price target of $266.68.

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.