AeroVironment (NASDAQ:AVAV) Insider Trace Stevenson Sells 1,717 Shares

Key Points

• Trace Stevenson, an insider at AeroVironment, sold 1,717 shares at an average price of $381.00, totaling approximately $654,177, which resulted in a 25.92% decrease in his ownership.
• AeroVironment reported a 140.0% increase in quarterly revenue compared to the same quarter last year, although it missed earnings estimates with $0.32 EPS versus the expected $0.34 EPS.
• Analysts are optimistic about AeroVironment's future, with a consensus rating of "Moderate Buy" and a new average price target of $356.07, reflecting strong institutional interest in the company.

AeroVironment, Inc. (NASDAQ:AVAV - Get Free Report) insider Trace Stevenson sold 1,717 shares of the company's stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $381.00, for a total transaction of $654,177.00. Following the completion of the sale, the insider directly owned 4,907 shares in the company, valued at approximately $1,869,567. The trade was a 25.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

AeroVironment Price Performance

NASDAQ AVAV traded up $3.25 during trading on Tuesday, reaching $395.13. 1,458,023 shares of the company traded hands, compared to its average volume of 897,636. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $400.01. The company has a market cap of $19.73 billion, a price-to-earnings ratio of -617.38, a P/E/G ratio of 6.35 and a beta of 0.99. The stock's 50 day moving average price is $266.76 and its two-hundred day moving average price is $213.46. The company has a debt-to-equity ratio of 0.16, a quick ratio of 5.12 and a current ratio of 5.96.

AeroVironment (NASDAQ:AVAV - Get Free Report) last posted its earnings results on Tuesday, September 9th. The aerospace company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). AeroVironment had a positive return on equity of 4.67% and a negative net margin of 4.14%.The company had revenue of $454.68 million for the quarter, compared to the consensus estimate of $446.16 million. During the same quarter last year, the business earned $0.89 EPS. AeroVironment's quarterly revenue was up 140.0% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.600-3.70 EPS. As a group, analysts anticipate that AeroVironment, Inc. will post 3.38 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on AVAV shares. William Blair reissued an "outperform" rating on shares of AeroVironment in a report on Tuesday, September 16th. Wedbush upgraded shares of AeroVironment to an "outperform" rating in a research note on Wednesday, June 25th. Zacks Research downgraded AeroVironment from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 23rd. Canaccord Genuity Group raised their price target on AeroVironment from $305.00 to $430.00 and gave the company a "buy" rating in a report on Tuesday. Finally, BTIG Research lifted their price objective on AeroVironment from $300.00 to $415.00 and gave the company a "buy" rating in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $356.07.

Institutional Investors Weigh In On AeroVironment

A number of institutional investors and hedge funds have recently made changes to their positions in the company. ORG Partners LLC lifted its stake in shares of AeroVironment by 296.0% during the second quarter. ORG Partners LLC now owns 99 shares of the aerospace company's stock valued at $27,000 after acquiring an additional 74 shares during the period. RMG Wealth Management LLC bought a new stake in AeroVironment during the 2nd quarter worth about $28,000. Bessemer Group Inc. boosted its stake in shares of AeroVironment by 60.3% in the 2nd quarter. Bessemer Group Inc. now owns 117 shares of the aerospace company's stock valued at $33,000 after purchasing an additional 44 shares during the last quarter. Spirit of America Management Corp NY acquired a new stake in shares of AeroVironment during the 1st quarter worth approximately $36,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of AeroVironment during the 1st quarter worth approximately $40,000. Institutional investors own 86.38% of the company's stock.

About AeroVironment

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.

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