Jump Financial LLC Buys New Position in AeroVironment, Inc. $AVAV

Key Points

• Jump Financial LLC acquired a new position in AeroVironment, purchasing 1,848 shares valued at approximately $220,000 during the first quarter.
• AeroVironment reported a significant increase in quarterly revenue, reaching $275.05 million, and earnings per share of $1.61, exceeding the consensus estimate by $0.20.
• Several investment firms have recently raised their ratings on AeroVironment's stock, with Target prices ranging from $240.00 to $335.00, indicating strong demand and favorable expectations for the company.

Jump Financial LLC bought a new stake in shares of AeroVironment, Inc. (NASDAQ:AVAV - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,848 shares of the aerospace company's stock, valued at approximately $220,000.

Other large investors also recently added to or reduced their stakes in the company. CoreCap Advisors LLC grew its position in AeroVironment by 120.2% during the fourth quarter. CoreCap Advisors LLC now owns 185 shares of the aerospace company's stock valued at $28,000 after buying an additional 101 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in AeroVironment by 171.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 244 shares of the aerospace company's stock valued at $29,000 after buying an additional 154 shares during the period. Spirit of America Management Corp NY bought a new stake in AeroVironment during the first quarter valued at approximately $36,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in AeroVironment during the first quarter valued at approximately $40,000. Finally, Signaturefd LLC grew its position in AeroVironment by 56.1% during the first quarter. Signaturefd LLC now owns 398 shares of the aerospace company's stock valued at $47,000 after buying an additional 143 shares during the period. 86.38% of the stock is currently owned by institutional investors.

AeroVironment Trading Down 4.8%

Shares of AVAV opened at $226.76 on Friday. The company's fifty day moving average is $254.31 and its 200 day moving average is $189.54. AeroVironment, Inc. has a fifty-two week low of $102.25 and a fifty-two week high of $295.90. The stock has a market capitalization of $11.32 billion, a PE ratio of 146.30 and a beta of 1.02. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.69 and a current ratio of 3.52.

AeroVironment (NASDAQ:AVAV - Get Free Report) last announced its quarterly earnings results on Tuesday, June 24th. The aerospace company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.20. AeroVironment had a net margin of 5.32% and a return on equity of 10.68%. The company had revenue of $275.05 million for the quarter, compared to analysts' expectations of $242.69 million. During the same quarter in the previous year, the business posted $0.43 earnings per share. AeroVironment's quarterly revenue was up 39.6% on a year-over-year basis. AeroVironment has set its FY 2026 guidance at 2.800-3.000 EPS. Sell-side analysts expect that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other AeroVironment news, CEO Wahid Nawabi sold 17,300 shares of the business's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $263.05, for a total transaction of $4,550,765.00. Following the transaction, the chief executive officer owned 122,233 shares in the company, valued at $32,153,390.65. The trade was a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.81% of the stock is owned by company insiders.

Analyst Ratings Changes

AVAV has been the subject of several recent research reports. Stifel Nicolaus initiated coverage on shares of AeroVironment in a research report on Tuesday, June 24th. They set a "buy" rating and a $240.00 target price for the company. Wedbush raised shares of AeroVironment to an "outperform" rating in a report on Wednesday, June 25th. Robert W. Baird lifted their price target on shares of AeroVironment from $210.00 to $267.00 and gave the company an "outperform" rating in a report on Monday, August 4th. Wall Street Zen raised shares of AeroVironment from a "sell" rating to a "hold" rating in a report on Sunday, June 22nd. Finally, Cantor Fitzgerald started coverage on shares of AeroVironment in a report on Tuesday, July 8th. They set an "overweight" rating and a $335.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $292.33.

AeroVironment Company Profile

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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