6,600 Shares in AeroVironment, Inc. $AVAV Acquired by New Mexico Educational Retirement Board

Key Points

• New Mexico Educational Retirement Board purchased a new position of 6,600 shares in AeroVironment during Q3, valued at approximately $2.08 million.
• Institutional investors own about 86.38% of AVAV, with large moves including Groupama’s new ~$314.9 million position; analysts still show a consensus "Moderate Buy" with a ~$318.78 price target despite several recent target cuts.
• AeroVironment missed Q3 estimates (EPS $0.64 vs. $0.68; revenue $408.1M vs. $487.9M), and recent insider selling plus a Pomerantz investor investigation increase execution and legal/settlement risk.

New Mexico Educational Retirement Board purchased a new position in shares of AeroVironment, Inc. (NASDAQ:AVAV - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,600 shares of the aerospace company's stock, valued at approximately $2,078,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVAV. Allworth Financial LP raised its holdings in shares of AeroVironment by 8.2% in the third quarter. Allworth Financial LP now owns 722 shares of the aerospace company's stock valued at $227,000 after buying an additional 55 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of AeroVironment by 512.4% during the third quarter. IFP Advisors Inc now owns 10,104 shares of the aerospace company's stock worth $3,200,000 after buying an additional 8,454 shares during the last quarter. Swiss Life Asset Management Ltd grew its holdings in shares of AeroVironment by 95.5% during the third quarter. Swiss Life Asset Management Ltd now owns 1,472 shares of the aerospace company's stock worth $464,000 after buying an additional 719 shares during the last quarter. Groupama Asset Managment acquired a new position in AeroVironment in the 3rd quarter valued at about $314,890,000. Finally, Strategic Advocates LLC acquired a new position in AeroVironment in the 3rd quarter valued at about $83,000. Hedge funds and other institutional investors own 86.38% of the company's stock.

More AeroVironment News

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: Canaccord Genuity reaffirmed a Buy on AeroVironment, which provides analyst support that can temper selling pressure and attract buyers. Canaccord Genuity Remains a Buy on AeroVironment (AVAV)
• Positive Sentiment: Increased media exposure (featured in coverage highlighting its counter‑drone/laser capabilities) could draw renewed investor interest around AeroVironment’s technology roadmap. This Company Promises to Shoot Down Drones with Lasers. Is Its Stock a Buy Here?
• Neutral Sentiment: Street coverage is mixed but leans constructive overall (a consensus “Moderate Buy”), meaning analyst views are supportive but varied on timing and valuation. AeroVironment, Inc. NASDAQ: AVAV Receives Consensus Recommendation of "Moderate Buy" from Analysts
• Neutral Sentiment: Management presentations (JPMorgan Industrials conference transcript) reiterate strategy and integration plans (BlueHalo/SCAR), useful for long‑term investors but not an immediate catalyst. AeroVironment, Inc. (AVAV) Presents at JPMorgan Industrials Conference 2026 Transcript
• Negative Sentiment: Reported insider selling has pressured the stock in the short term and contributed to intraday weakness. AeroVironment NASDAQ: AVAV Trading Down 3% After Insider Selling
• Negative Sentiment: Pomerantz announced an investor investigation into AeroVironment, raising legal/settlement risk and increasing uncertainty for holders. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AeroVironment, Inc. - AVAV
• Negative Sentiment: Street research and coverage point to valuation cuts and execution risk — analysts trimmed fair‑value estimates after SCAR program developments and Q3 results, while Zacks highlights supply‑chain, labor and contract risks that help explain recent multi‑week declines. How The AeroVironment (AVAV) Investment Story Is Shifting After SCAR And BlueHalo Developments AVAV Stock Declines 17.2% in 3 Months: What's Next for Investors?
• Negative Sentiment: Macro risk — rising yields and geopolitical uncertainty (Middle East war) are cited by investors as catalysts that could disproportionately pressure high‑growth, defense‑tech names including AVAV. Tesla, Palantir, AeroVironment Seen At Risk: Gary Black Says War Outcome Could Drive Sharp Rebound

Analyst Ratings Changes

A number of analysts have weighed in on the company. Canaccord Genuity Group decreased their price objective on AeroVironment from $330.00 to $300.00 and set a "buy" rating for the company in a research report on Thursday, March 12th. Weiss Ratings lowered AeroVironment from a "hold (c-)" rating to a "sell (d)" rating in a report on Monday, February 9th. Citigroup restated a "market outperform" rating on shares of AeroVironment in a research note on Monday, January 12th. Jefferies Financial Group decreased their price target on AeroVironment from $390.00 to $305.00 and set a "buy" rating for the company in a report on Thursday, March 12th. Finally, Piper Sandler lowered their price objective on shares of AeroVironment from $391.00 to $290.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $318.78.

Insider Buying and Selling

In other AeroVironment news, CAO Brian Charles Shackley sold 200 shares of the company's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $212.52, for a total transaction of $42,504.00. Following the transaction, the chief accounting officer directly owned 5,794 shares in the company, valued at approximately $1,231,340.88. This represents a 3.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Kevin Patrick Mcdonnell sold 396 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $224.55, for a total transaction of $88,921.80. Following the completion of the transaction, the chief financial officer directly owned 16,026 shares of the company's stock, valued at approximately $3,598,638.30. This trade represents a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 4,924 shares of company stock valued at $1,486,038. Corporate insiders own 0.81% of the company's stock.

AeroVironment Price Performance

AeroVironment stock opened at $197.72 on Friday. The company has a market cap of $9.87 billion, a P/E ratio of -45.56, a price-to-earnings-growth ratio of 3.68 and a beta of 1.26. AeroVironment, Inc. has a one year low of $102.25 and a one year high of $417.86. The business has a fifty day moving average of $269.32 and a two-hundred day moving average of $290.73. 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 (NASDAQ:AVAV - Get Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The aerospace company reported $0.64 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by ($0.04). The company had revenue of $408.05 million for the quarter, compared to analyst estimates of $487.94 million. AeroVironment had a positive return on equity of 3.26% and a negative net margin of 13.93%.The business's revenue for the quarter was up 143.4% compared to the same quarter last year. During the same period last year, the company earned $0.30 earnings per share. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. As a group, analysts predict that AeroVironment, Inc. will post 3.38 earnings per share 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.

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