IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 18,029 Shares of AeroVironment, Inc. $AVAV

IQ EQ FUND MANAGEMENT IRELAND Ltd raised its position in AeroVironment, Inc. (NASDAQ:AVAV) by 171.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,523 shares of the aerospace company’s stock after buying an additional 18,029 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd owned about 0.06% of AeroVironment worth $8,982,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Portside Wealth Group LLC lifted its stake in AeroVironment by 20.4% during the third quarter. Portside Wealth Group LLC now owns 2,110 shares of the aerospace company’s stock worth $664,000 after purchasing an additional 358 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of AeroVironment by 70.8% in the third quarter. SBI Securities Co. Ltd. now owns 1,858 shares of the aerospace company’s stock worth $585,000 after acquiring an additional 770 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in shares of AeroVironment during the 3rd quarter valued at approximately $328,000. Hantz Financial Services Inc. lifted its stake in AeroVironment by 2,490.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 259 shares of the aerospace company’s stock valued at $82,000 after purchasing an additional 249 shares during the last quarter. Finally, Penserra Capital Management LLC grew its stake in shares of AeroVironment by 89.9% during the third quarter. Penserra Capital Management LLC now owns 26,795 shares of the aerospace company’s stock worth $8,437,000 after buying an additional 12,684 shares during the last quarter. Institutional investors and hedge funds own 86.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on AVAV shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 target price on shares of AeroVironment in a report on Friday, January 30th. Raymond James Financial restated a “strong-buy” rating on shares of AeroVironment in a report on Tuesday, December 16th. Jefferies Financial Group reiterated a “buy” rating and issued a $390.00 target price on shares of AeroVironment in a report on Thursday, December 11th. Royal Bank Of Canada restated an “outperform” rating on shares of AeroVironment in a research note on Tuesday, January 20th. Finally, BNP Paribas Exane assumed coverage on shares of AeroVironment in a research report on Tuesday, November 18th. They set an “outperform” rating and a $355.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, AeroVironment presently has a consensus rating of “Buy” and an average price target of $378.06.

Insider Transactions at AeroVironment

In other news, Director Stephen F. Page sold 1,000 shares of AeroVironment stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $377.62, for a total value of $377,620.00. Following the completion of the transaction, the director owned 51,001 shares in the company, valued at $19,258,997.62. This trade represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $367.60, for a total transaction of $367,232.40. Following the sale, the chief financial officer owned 17,301 shares in the company, valued at $6,359,847.60. The trade was a 5.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 3,223 shares of company stock worth $1,092,503. 0.81% of the stock is owned by company insiders.

AeroVironment Stock Down 7.9%

AeroVironment stock opened at $236.88 on Friday. The firm has a 50 day moving average price of $287.45 and a 200-day moving average price of $294.31. The company has a quick ratio of 4.29, a current ratio of 5.08 and a debt-to-equity ratio of 0.16. AeroVironment, Inc. has a twelve month low of $102.25 and a twelve month high of $417.86. The company has a market capitalization of $11.83 billion, a P/E ratio of -189.50, a P/E/G ratio of 3.81 and a beta of 1.23.

AeroVironment (NASDAQ:AVAV) last posted its quarterly earnings data on Tuesday, December 9th. The aerospace company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.43). AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The firm had revenue of $472.51 million during the quarter, compared to analysts’ expectations of $466.16 million. During the same quarter in the previous year, the company posted $0.47 EPS. AeroVironment’s revenue for the quarter was up 150.7% on a year-over-year basis. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, equities analysts predict that AeroVironment, Inc. will post 3.38 EPS for the current year.

AeroVironment 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.