Wealth Enhancement Advisory Services LLC Sells 5,966 Shares of AeroVironment, Inc. $AVAV

Wealth Enhancement Advisory Services LLC reduced its holdings in AeroVironment, Inc. (NASDAQ:AVAVFree Report) by 3.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 172,238 shares of the aerospace company’s stock after selling 5,966 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.34% of AeroVironment worth $41,663,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of AVAV. N.E.W. Advisory Services LLC grew its stake in shares of AeroVironment by 60.0% in the third quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 30 shares during the last quarter. AlphaQuest LLC acquired a new position in AeroVironment during the 3rd quarter worth about $25,000. TD Waterhouse Canada Inc. grew its position in shares of AeroVironment by 100.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock valued at $28,000 after buying an additional 40 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of AeroVironment in the third quarter valued at about $29,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in shares of AeroVironment in the third quarter valued at about $31,000. Institutional investors own 86.38% of the company’s stock.

Key Headlines Impacting AeroVironment

Here are the key news stories impacting AeroVironment this week:

Analysts Set New Price Targets

Several analysts recently commented on AVAV shares. KeyCorp reduced their target price on AeroVironment from $330.00 to $295.00 and set an “overweight” rating on the stock in a report on Wednesday, March 11th. Canaccord Genuity Group dropped their price target on shares of AeroVironment from $330.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. JPMorgan Chase & Co. initiated coverage on shares of AeroVironment in a research note on Tuesday, February 17th. They issued an “overweight” rating and a $320.00 price objective on the stock. Robert W. Baird lowered their target price on shares of AeroVironment from $260.00 to $235.00 and set an “outperform” rating for the company in a research note on Wednesday, March 11th. Finally, Citigroup restated a “market outperform” rating on shares of AeroVironment in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $318.78.

Check Out Our Latest Stock Report on AeroVironment

AeroVironment Price Performance

Shares of AVAV opened at $206.27 on Tuesday. AeroVironment, Inc. has a 52-week low of $102.25 and a 52-week high of $417.86. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.54 and a current ratio of 5.51. The business’s 50 day moving average price is $266.04 and its two-hundred day moving average price is $291.32. The firm has a market cap of $10.30 billion, a PE ratio of -47.53, a price-to-earnings-growth ratio of 3.44 and a beta of 1.26.

AeroVironment (NASDAQ:AVAVGet Free Report) last announced its quarterly earnings data on Tuesday, March 10th. The aerospace company reported $0.64 EPS for the quarter, missing the consensus estimate 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 quarterly revenue was up 143.4% compared to the same quarter last year. During the same period last year, the business earned $0.30 EPS. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. On average, equities analysts anticipate that AeroVironment, Inc. will post 3.38 EPS for the current year.

Insider Buying and Selling

In other 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 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen F. Page sold 1,000 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $377.62, for a total transaction of $377,620.00. Following the transaction, the director directly owned 51,001 shares in the company, valued at $19,258,997.62. This trade represents a 1.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,924 shares of company stock valued at $1,486,038 over the last ninety days. 0.81% of the stock is owned by corporate insiders.

AeroVironment Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for AeroVironment (NASDAQ:AVAV)

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