AeroVironment (NASDAQ:AVAV) Trading 3.4% Higher – What’s Next?

AeroVironment, Inc. (NASDAQ:AVAV)’s stock price traded up 3.4% during trading on Tuesday . The stock traded as high as $185.00 and last traded at $183.05. 1,316,503 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 1,883,946 shares. The stock had previously closed at $176.97.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AVAV. Needham & Company LLC decreased their price objective on AeroVironment from $450.00 to $400.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. Citizens Jmp cut their target price on AeroVironment from $400.00 to $350.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 11th. BTIG Research reduced their price objective on AeroVironment from $415.00 to $330.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Raymond James Financial raised AeroVironment from an “underperform” rating to a “market perform” rating in a report on Monday, March 23rd. Finally, Piper Sandler decreased their price target on AeroVironment from $391.00 to $290.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 3rd. One 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $318.78.

AeroVironment Trading Up 3.4%

The company has a quick ratio of 4.54, a current ratio of 5.51 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $246.89 and its two-hundred day simple moving average is $289.69. The firm has a market cap of $9.14 billion, a PE ratio of -42.18, a PEG ratio of 3.21 and a beta of 1.26.

AeroVironment (NASDAQ:AVAV) last issued its 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). AeroVironment had a positive return on equity of 3.26% and a negative net margin of 13.93%.The business had revenue of $408.05 million during the quarter, compared to analysts’ expectations of $487.94 million. During the same period last year, the firm posted $0.30 EPS. AeroVironment’s quarterly revenue was up 143.4% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. On average, sell-side analysts forecast that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

Insider Activity at AeroVironment

In other news, Director Stephen F. Page sold 1,000 shares of the stock in a transaction on 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 owned 51,001 shares of the company’s stock, valued at approximately $19,258,997.62. This represents a 1.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Brian Charles Shackley sold 200 shares of AeroVironment stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $212.52, for a total value of $42,504.00. Following the completion of the transaction, the chief accounting officer owned 5,794 shares in the company, valued at $1,231,340.88. This trade represents a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 4,724 shares of company stock valued at $1,435,854. 0.81% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AVAV. Groupama Asset Managment purchased a new stake in shares of AeroVironment during the third quarter worth approximately $314,890,000. Norges Bank acquired a new position in AeroVironment during the 4th quarter worth about $94,655,000. CIBC Private Wealth Group LLC boosted its position in AeroVironment by 24,798.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 315,716 shares of the aerospace company’s stock valued at $99,416,000 after buying an additional 314,448 shares during the period. Invesco Ltd. increased its stake in shares of AeroVironment by 75.6% during the second quarter. Invesco Ltd. now owns 609,019 shares of the aerospace company’s stock worth $173,540,000 after buying an additional 262,239 shares during the period. Finally, Swedbank AB increased its holdings in AeroVironment by 22,773.4% in the fourth quarter. Swedbank AB now owns 261,214 shares of the aerospace company’s stock valued at $63,185,000 after buying an additional 260,072 shares during the last quarter. 86.38% of the stock is currently owned by hedge funds and other institutional investors.

AeroVironment Company Profile

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.