Seven Grand Managers LLC Sells 60,000 Shares of AeroVironment, Inc. $AVAV

Seven Grand Managers LLC decreased its stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 50.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 60,000 shares of the aerospace company’s stock after selling 60,000 shares during the quarter. AeroVironment comprises 1.1% of Seven Grand Managers LLC’s investment portfolio, making the stock its 27th biggest position. Seven Grand Managers LLC’s holdings in AeroVironment were worth $14,513,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of AeroVironment by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 3,530,073 shares of the aerospace company’s stock worth $1,111,585,000 after buying an additional 51,959 shares during the period. Groupama Asset Managment bought a new stake in shares of AeroVironment during the 3rd quarter worth about $314,890,000. Geode Capital Management LLC boosted its holdings in shares of AeroVironment by 8.8% during the 4th quarter. Geode Capital Management LLC now owns 884,395 shares of the aerospace company’s stock worth $213,956,000 after buying an additional 71,903 shares during the period. Van ECK Associates Corp boosted its holdings in shares of AeroVironment by 17.4% during the 3rd quarter. Van ECK Associates Corp now owns 686,273 shares of the aerospace company’s stock worth $216,101,000 after buying an additional 101,713 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of AeroVironment by 15.7% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 614,444 shares of the aerospace company’s stock worth $193,390,000 after buying an additional 83,322 shares during the period. Institutional investors own 86.38% of the company’s stock.

Key Stories Impacting AeroVironment

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: AeroVironment announced a $20.2 million government-backed investment to expand its Huntsville, Alabama facility, supporting higher production of its Freedom Eagle-1 interceptor and accelerating future full-rate production of next-generation counter-drone missiles. Investors viewed the funding as a sign of growing demand and program support for AVAV’s defense business. Article Title
• Positive Sentiment: The company also gained attention for expanding its software and sensing capabilities, including AV Halo upgrades and a new Department of War contract, reinforcing the view that AeroVironment is becoming a more software-centric defense platform. Article Title
• Neutral Sentiment: Several investor-alert and class-action notices were published, stating that lawsuits have been filed over alleged misleading statements tied to competition risks in a satellite communications program. These headlines do not change fundamentals immediately, but they add legal uncertainty and can weigh on sentiment. Article Title
• Negative Sentiment: The newly announced securities-fraud investigation and class-action filings create a legal overhang for AVAV and may pressure the stock if investors worry about potential disclosures, costs, or reputational damage. Article Title

Insider Transactions at AeroVironment

In other news, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $162.31, for a total transaction of $40,577.50. Following the completion of the sale, the director owned 49,251 shares of the company’s stock, valued at approximately $7,993,929.81. This represents a 0.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin Patrick Mcdonnell sold 396 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $224.55, for a total transaction of $88,921.80. Following the sale, the chief financial officer directly owned 16,026 shares of the company’s stock, valued at approximately $3,598,638.30. This trade represents a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,596 shares of company stock valued at $349,456. Company insiders own 0.81% of the company’s stock.

AeroVironment Stock Performance

NASDAQ AVAV opened at $181.28 on Thursday. 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 company has a market capitalization of $9.05 billion, a P/E ratio of -41.77, a P/E/G ratio of 2.50 and a beta of 1.35. AeroVironment, Inc. has a 12-month low of $156.00 and a 12-month high of $417.86. The firm has a 50-day moving average price of $185.65 and a two-hundred day moving average price of $243.59.

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

Analysts Set New Price Targets

AVAV has been the subject of several research analyst reports. Piper Sandler reduced their target price on shares of AeroVironment from $391.00 to $290.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. UBS Group cut their price objective on shares of AeroVironment from $259.00 to $236.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Weiss Ratings downgraded shares of AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 9th. Raymond James Financial raised shares of AeroVironment from an “underperform” rating to a “market perform” rating in a report on Monday, March 23rd. Finally, JPMorgan Chase & Co. assumed coverage on shares of AeroVironment in a report on Tuesday, February 17th. They issued an “overweight” rating and a $320.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $318.78.

AeroVironment 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.