Insider Selling: AeroVironment (NASDAQ:AVAV) Director Sells $127,475.00 in Stock

AeroVironment, Inc. (NASDAQ:AVAV) Director Stephen Page sold 500 shares of AeroVironment stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $254.95, for a total value of $127,475.00. Following the sale, the director directly owned 50,501 shares in the company, valued at approximately $12,875,229.95. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

AeroVironment Trading Up 7.8%

Shares of AeroVironment stock traded up $19.12 on Tuesday, reaching $262.99. 1,371,834 shares of the company were exchanged, compared to its average volume of 1,656,780. AeroVironment, Inc. has a fifty-two week low of $102.25 and a fifty-two week high of $417.86. The firm has a market capitalization of $13.13 billion, a price-to-earnings ratio of -210.39, a price-to-earnings-growth ratio of 3.61 and a beta of 1.23. The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16. The stock has a fifty day moving average price of $284.20 and a 200-day moving average price of $293.78.

AeroVironment (NASDAQ:AVAV) last issued its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). The business 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%. AeroVironment’s revenue for the quarter was up 150.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. On average, analysts expect that AeroVironment, Inc. will post 3.38 EPS for the current year.

Institutional Investors Weigh In On AeroVironment

Large investors have recently added to or reduced their stakes in the business. N.E.W. Advisory Services LLC lifted its position in AeroVironment by 60.0% during the third quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 30 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of AeroVironment by 100.0% during the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 40 shares during the period. AlphaQuest LLC acquired a new stake in AeroVironment during the 3rd quarter worth approximately $25,000. Vermillion Wealth Management Inc. bought a new position in AeroVironment during the 3rd quarter worth $31,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in AeroVironment during the 3rd quarter worth $31,000. Institutional investors own 86.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on AVAV shares. Weiss Ratings lowered shares of AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 9th. Royal Bank Of Canada reissued an “outperform” rating on shares of AeroVironment in a report on Tuesday, January 20th. Cantor Fitzgerald decreased their price objective on AeroVironment from $335.00 to $315.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. JPMorgan Chase & Co. initiated coverage on AeroVironment in a research report on Tuesday. They set an “overweight” rating and a $320.00 target price for the company. Finally, Needham & Company LLC reiterated a “buy” rating and set a $450.00 price target on shares of AeroVironment in a research report on Friday, January 30th. Two investment 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $373.35.

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.