Sequoia Financial Advisors LLC Acquires 4,738 Shares of AeroVironment, Inc. $AVAV

Sequoia Financial Advisors LLC raised its holdings in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 267.2% during the 4th quarter, HoldingsChannel reports. The fund owned 6,511 shares of the aerospace company’s stock after acquiring an additional 4,738 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in AeroVironment were worth $1,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. N.E.W. Advisory Services LLC increased its stake in shares of AeroVironment by 60.0% in the 3rd 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 in the last quarter. AlphaQuest LLC purchased a new position in AeroVironment during the third quarter valued at $25,000. Tema Etfs LLC purchased a new position in AeroVironment during the fourth quarter valued at $26,000. TD Waterhouse Canada Inc. grew its holdings in AeroVironment by 100.0% during the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 40 shares during the period. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in AeroVironment during the third quarter valued at about $29,000. Institutional investors own 86.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on AVAV shares. Citigroup reaffirmed a “market outperform” rating on shares of AeroVironment in a research note on Monday, January 12th. Stifel Nicolaus reduced their target price on shares of AeroVironment from $389.00 to $315.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. Raymond James Financial upgraded shares of AeroVironment from an “underperform” rating to a “market perform” rating in a research note on Monday, March 23rd. Robert W. Baird lowered their price target on shares of AeroVironment from $260.00 to $235.00 and set an “outperform” rating on the stock in a report on Wednesday, March 11th. Finally, Weiss Ratings lowered shares of AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, AeroVironment currently has a consensus rating of “Moderate Buy” and an average price target of $318.78.

AeroVironment Stock Performance

NASDAQ AVAV opened at $166.45 on Tuesday. The company has a quick ratio of 4.54, a current ratio of 5.51 and a debt-to-equity ratio of 0.17. AeroVironment, Inc. has a twelve month low of $158.30 and a twelve month high of $417.86. The business has a 50-day moving average price of $198.44 and a 200-day moving average price of $260.30. The firm has a market cap of $8.31 billion, a price-to-earnings ratio of -38.35, a price-to-earnings-growth ratio of 2.31 and a beta of 1.35.

AeroVironment (NASDAQ:AVAV) last issued its earnings results on Tuesday, March 10th. The aerospace company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.04). AeroVironment had a negative net margin of 13.93% and a positive return on equity of 3.26%. The business had revenue of $408.05 million for the quarter, compared to the consensus estimate of $487.94 million. During the same period last year, the business posted $0.30 EPS. The firm’s revenue for the quarter was up 143.4% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. As a group, equities research analysts predict that AeroVironment, Inc. will post 2.94 EPS for the current fiscal year.

Insider Buying and Selling at AeroVironment

In related news, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $197.29, for a total transaction of $49,322.50. Following the completion of the transaction, the director owned 49,501 shares in the company, valued at approximately $9,766,052.29. This represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brian Charles Shackley sold 200 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $1,231,340.88. The trade was a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,096 shares of company stock valued at $505,103 in the last three months. 0.81% of the stock is currently owned by corporate insiders.

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.