Sowell Financial Services LLC Purchases Shares of 936 AeroVironment, Inc. $AVAV

Key Points

• Sowell Financial Services LLC acquired 936 shares of AeroVironment, Inc. for approximately $267,000 during the 2nd quarter, as reported in their Form 13F filing.
• CEO Wahid Nawabi sold 17,300 shares for over $4.55 million, reducing his ownership by 12.40% to 122,233 shares.
• Analysts have given AeroVironment a consensus rating of Buy with a price target of $295.23, indicating strong investor confidence.

Sowell Financial Services LLC purchased a new stake in AeroVironment, Inc. (NASDAQ:AVAV - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 936 shares of the aerospace company's stock, valued at approximately $267,000.

Several other large investors have also recently bought and sold shares of AVAV. Mackenzie Financial Corp boosted its holdings in AeroVironment by 5.5% in the 4th quarter. Mackenzie Financial Corp now owns 1,601 shares of the aerospace company's stock valued at $246,000 after purchasing an additional 83 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in AeroVironment in the 4th quarter valued at $4,872,000. Wealth Enhancement Advisory Services LLC bought a new position in AeroVironment in the 4th quarter valued at $251,000. MassMutual Private Wealth & Trust FSB boosted its holdings in AeroVironment by 171.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 244 shares of the aerospace company's stock valued at $29,000 after purchasing an additional 154 shares during the period. Finally, M & L Capital Management Ltd bought a new position in AeroVironment in the 1st quarter valued at $167,000. 86.38% of the stock is owned by institutional investors.

Insider Activity

In other AeroVironment news, CEO Wahid Nawabi sold 17,300 shares of the business's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $263.05, for a total value of $4,550,765.00. Following the transaction, the chief executive officer owned 122,233 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.81% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AVAV shares. Wedbush raised shares of AeroVironment to an "outperform" rating in a report on Wednesday, June 25th. BTIG Research reaffirmed a "buy" rating and set a $300.00 price objective on shares of AeroVironment in a report on Friday, September 19th. JMP Securities reaffirmed a "market outperform" rating and set a $325.00 price objective on shares of AeroVironment in a report on Monday, August 18th. Royal Bank Of Canada lifted their price objective on shares of AeroVironment from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday. Finally, Wall Street Zen raised shares of AeroVironment from a "sell" rating to a "hold" rating in a report on Sunday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $295.23.

AeroVironment Price Performance

Shares of NASDAQ:AVAV opened at $301.20 on Friday. The stock has a market cap of $15.04 billion, a PE ratio of -470.62, a PEG ratio of 5.11 and a beta of 1.02. The company's fifty day moving average is $257.27 and its 200 day moving average is $202.97. AeroVironment, Inc. has a 52 week low of $102.25 and a 52 week high of $307.11. The company has a quick ratio of 5.12, a current ratio of 5.96 and a debt-to-equity ratio of 0.16.

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

AeroVironment 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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