AeroVironment (NASDAQ:AVAV) Trading Down 2.3% – What’s Next?

AeroVironment, Inc. (NASDAQ:AVAV)’s stock price fell 2.3% on Thursday . The company traded as low as $308.53 and last traded at $312.12. 1,283,592 shares were traded during trading, a decline of 37% from the average session volume of 2,041,058 shares. The stock had previously closed at $319.63.

Wall Street Analysts Forecast Growth

AVAV has been the subject of a number of recent research reports. KeyCorp set a $285.00 price objective on AeroVironment in a research report on Thursday, December 18th. Cantor Fitzgerald reduced their target price on AeroVironment from $335.00 to $315.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. BNP Paribas Exane started coverage on AeroVironment in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $355.00 price target on the stock. BTIG Research reaffirmed a “buy” rating and set a $415.00 price objective on shares of AeroVironment in a research note on Monday, November 24th. Finally, Zacks Research upgraded shares of AeroVironment from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $375.41.

AeroVironment Stock Down 2.3%

The company has a quick ratio of 4.29, a current ratio of 5.08 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $15.58 billion, a PE ratio of -249.70, a price-to-earnings-growth ratio of 4.88 and a beta of 1.16. The business’s 50-day moving average price is $286.09 and its 200-day moving average price is $292.22.

AeroVironment (NASDAQ:AVAV) last released its quarterly earnings data on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.43). The company had revenue of $472.51 million during the quarter, compared to analyst estimates of $466.16 million. AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The firm’s quarterly revenue was up 150.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, equities research analysts predict that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Stephen F. Page sold 1,000 shares of the firm’s 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 completion of the sale, the director directly owned 51,001 shares of the company’s stock, valued at $19,258,997.62. This trade represents a 1.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of AeroVironment stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $367.60, for a total value of $367,232.40. Following the sale, the chief financial officer owned 17,301 shares of the company’s stock, valued at approximately $6,359,847.60. This represents a 5.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 3,223 shares of company stock worth $1,092,503. Corporate insiders own 0.81% of the company’s stock.

Institutional Trading of AeroVironment

A number of institutional investors have recently added to or reduced their stakes in AVAV. N.E.W. Advisory Services LLC raised its holdings in shares of AeroVironment by 60.0% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 30 shares in the last quarter. AlphaQuest LLC bought a new stake in AeroVironment in the third quarter worth $25,000. Tema Etfs LLC acquired a new position in AeroVironment during the fourth quarter worth $26,000. ORG Partners LLC raised its holdings in AeroVironment by 296.0% during the second quarter. ORG Partners LLC now owns 99 shares of the aerospace company’s stock valued at $27,000 after buying an additional 74 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in shares of AeroVironment in the second quarter worth about $28,000. 86.38% of the stock is currently owned by institutional investors and hedge funds.

About AeroVironment

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.