Vista Investment Partners LLC grew its holdings in shares of AeroVironment, Inc. (NASDAQ:AVAV – Free Report) by 22.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,451 shares of the aerospace company’s stock after buying an additional 2,996 shares during the quarter. Vista Investment Partners LLC’s holdings in AeroVironment were worth $2,716,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in AVAV. United Services Automobile Association purchased a new stake in AeroVironment during the 1st quarter worth $225,000. Schnieders Capital Management LLC. purchased a new position in AeroVironment in the second quarter valued at about $285,000. American Century Companies Inc. acquired a new position in shares of AeroVironment during the second quarter worth about $633,000. EverSource Wealth Advisors LLC lifted its stake in shares of AeroVironment by 5,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 159 shares of the aerospace company’s stock worth $45,000 after purchasing an additional 156 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in shares of AeroVironment by 0.4% during the second quarter. Marshall Wace LLP now owns 24,188 shares of the aerospace company’s stock worth $6,892,000 after purchasing an additional 108 shares in the last quarter. Institutional investors and hedge funds own 86.38% of the company’s stock.
Insider Transactions at AeroVironment
In other AeroVironment news, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $174.41, for a total transaction of $43,602.50. Following the sale, the director owned 49,001 shares in the company, valued at $8,546,264.41. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.81% of the stock is owned by insiders.
AeroVironment Stock Performance
AeroVironment (NASDAQ:AVAV – Get Free Report) last released its earnings results on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.37. AeroVironment had a negative net margin of 9.00% and a positive return on equity of 3.71%. The company had revenue of $641.62 million during the quarter, compared to the consensus estimate of $555.97 million. During the same quarter in the previous year, the firm earned $1.61 EPS. The company’s revenue was up 133.3% on a year-over-year basis. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. As a group, research analysts predict that AeroVironment, Inc. will post 3.26 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on AVAV shares. Citizens Jmp lowered their target price on AeroVironment from $350.00 to $230.00 and set a “market outperform” rating for the company in a research note on Friday, July 10th. Zacks Research raised AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Piper Sandler decreased their price target on AeroVironment from $248.00 to $235.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of AeroVironment in a research report on Monday, June 8th. Finally, Royal Bank Of Canada downgraded shares of AeroVironment from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $210.00 to $180.00 in a research report on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $266.68.
Get Our Latest Analysis on AeroVironment
More AeroVironment News
Here are the key news stories impacting AeroVironment this week:
- Positive Sentiment: The U.S. Army is expected to purchase at least $400 million of AeroVironment’s anti-drone laser systems, according to a person familiar with the matter. The reported order would represent the Pentagon’s first production purchase of a directed-energy counter-drone system beyond the prototype stage, potentially validating the technology and creating a meaningful new revenue opportunity. US Army to Spend $400 Million on AeroVironment Anti-Drone Lasers
- Positive Sentiment: Investor attention is also focused on the potential for laser-based counter-drone weapons to move from testing into broader military deployment. Such an expansion could strengthen AeroVironment’s position in the growing counter-UAS market and support longer-term defense-contract momentum. AVAV Stock Jumps on Reported Army Deal
- Positive Sentiment: AeroVironment appointed Michael D. Ruppert to its board. His more than 25 years of aerospace and defense financial, strategic and corporate-development experience—including his role as ManTech’s chief financial officer—could add relevant industry and governance expertise. AeroVironment Appoints Michael D. Ruppert to Board
- Neutral Sentiment: A promotional investor article highlighted AeroVironment as a leading drone-industry company benefiting from rising military demand, autonomous systems, and increased defense budgets. The commentary supports the sector narrative but does not provide a new contract, financial forecast, or company-specific operating update. The Drone Supercycle Wall Street Still Hasn’t Priced In
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.
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