AeroVironment, Inc. $AVAV Shares Acquired by Heard Capital LLC

Heard Capital LLC raised its holdings in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 48.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 722,150 shares of the aerospace company’s stock after acquiring an additional 235,685 shares during the quarter. AeroVironment makes up 8.2% of Heard Capital LLC’s investment portfolio, making the stock its 7th biggest holding. Heard Capital LLC’s holdings in AeroVironment were worth $174,681,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in AVAV. Groupama Asset Managment acquired a new position in shares of AeroVironment during the 3rd quarter worth about $314,890,000. Norges Bank acquired a new position in shares of AeroVironment during the 4th quarter worth about $94,655,000. CIBC Private Wealth Group LLC boosted its position in shares of AeroVironment by 24,798.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 315,716 shares of the aerospace company’s stock worth $99,416,000 after acquiring an additional 314,448 shares in the last quarter. Swedbank AB boosted its position in shares of AeroVironment by 22,773.4% during the 4th quarter. Swedbank AB now owns 261,214 shares of the aerospace company’s stock worth $63,185,000 after acquiring an additional 260,072 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of AeroVironment by 4,770.1% during the 4th quarter. Marshall Wace LLP now owns 260,207 shares of the aerospace company’s stock worth $62,941,000 after acquiring an additional 254,864 shares in the last quarter. 86.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Canaccord Genuity Group lowered their price objective on AeroVironment from $330.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Clear Str raised AeroVironment to a “strong-buy” rating in a research report on Wednesday, April 29th. Wall Street Zen raised AeroVironment from a “sell” rating to a “hold” rating in a research report on Sunday, June 7th. Raymond James Financial raised AeroVironment from an “underperform” rating to a “market perform” rating in a research report on Monday, March 23rd. Finally, Royal Bank Of Canada lowered their price objective on AeroVironment from $325.00 to $250.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $318.78.

AeroVironment Stock Down 3.0%

Shares of NASDAQ AVAV opened at $166.71 on Wednesday. The stock has a market cap of $8.32 billion, a PE ratio of -38.41, a price-to-earnings-growth ratio of 2.36 and a beta of 1.35. 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 52-week low of $156.00 and a 52-week high of $417.86. The business has a 50-day moving average price of $183.60 and a 200 day moving average price of $233.10.

Insider Activity

In related news, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $174.41, for a total value of $43,602.50. Following the completion of the sale, the director directly owned 49,001 shares of the company’s stock, valued at $8,546,264.41. This represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 750 shares of company stock valued at $133,503. 0.81% of the stock is owned by corporate insiders.

Key Headlines Impacting AeroVironment

Here are the key news stories impacting AeroVironment this week:

• Negative Sentiment: Multiple law firms, including Robbins LLP, Rosen, Pomerantz, Glancy Prongay Wolke & Rotter, Faruqi & Faruqi, and Schall, announced or promoted class-action claims against AeroVironment, keeping investor focus on alleged securities fraud and the July 27, 2026 lead-plaintiff deadline. Article Title
• Negative Sentiment: Pomerantz said it filed a class action in federal court against AeroVironment and certain officers, alleging violations of federal securities laws and seeking damages for shareholders who bought during the class period. Article Title
• Negative Sentiment: Levi & Korsinsky highlighted claims that AeroVironment executives allegedly overstated a $1.7 billion contract while the U.S. Space Force was reassessing its acquisition strategy, adding to concerns around disclosure and contract credibility. Article Title
• Neutral Sentiment: AeroVironment announced it will report fourth-quarter and full fiscal 2026 results on June 29, which could become a bigger catalyst if the company provides fresh guidance or updates on demand trends. Article Title
• Neutral Sentiment: The company also unveiled a backpackable combat robot at Eurosatory 2026, showing continued expansion into ground robotics, but the product news is being overshadowed by the legal overhang. Article Title
• Neutral Sentiment: Director Stephen F. Page disclosed a small stock sale under a pre-arranged trading plan; the filing is not, by itself, a major signal but can add to cautious sentiment. Article Title

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.