Family Legacy Inc. acquired a new stake in shares of AeroVironment, Inc. (NASDAQ:AVAV – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,716 shares of the aerospace company’s stock, valued at approximately $778,000.
Other institutional investors have also modified their holdings of the company. NewEdge Wealth LLC grew its position in shares of AeroVironment by 1.1% in the fourth quarter. NewEdge Wealth LLC now owns 3,709 shares of the aerospace company’s stock valued at $897,000 after purchasing an additional 39 shares during the period. J.W. Cole Advisors Inc. grew its holdings in AeroVironment by 3.7% in the 4th quarter. J.W. Cole Advisors Inc. now owns 1,081 shares of the aerospace company’s stock valued at $261,000 after buying an additional 39 shares during the period. Parkside Financial Bank & Trust increased its stake in shares of AeroVironment by 29.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 188 shares of the aerospace company’s stock valued at $45,000 after acquiring an additional 43 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of AeroVironment by 73.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 139 shares of the aerospace company’s stock valued at $34,000 after acquiring an additional 59 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of AeroVironment by 2.3% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 2,667 shares of the aerospace company’s stock worth $645,000 after acquiring an additional 60 shares during the period. Institutional investors and hedge funds own 86.38% of the company’s stock.
Insider Transactions at AeroVironment
In related news, Director Stephen F. Page sold 250 shares of the 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 transaction, the director owned 49,001 shares of the company’s stock, valued at approximately $8,546,264.41. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brian Charles Shackley sold 205 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $201.86, for a total value of $41,381.30. Following the sale, the chief accounting officer owned 7,888 shares of the company’s stock, valued at approximately $1,592,271.68. This trade represents a 2.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.81% of the stock is currently owned by insiders.
AeroVironment Stock Performance
AeroVironment (NASDAQ:AVAV – Get Free Report) last released its quarterly earnings results on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.37. The firm had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $555.97 million. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.AeroVironment’s quarterly revenue was up 133.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.61 EPS. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. On average, sell-side analysts forecast that AeroVironment, Inc. will post 3.26 earnings per share for the current fiscal year.
Analyst Ratings Changes
AVAV has been the subject of a number of recent analyst reports. Stifel Nicolaus lowered their target price on shares of AeroVironment from $315.00 to $220.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Wedbush initiated coverage on shares of AeroVironment in a report on Tuesday, June 30th. They issued an “outperform” rating and a $250.00 price target on the stock. Canaccord Genuity Group cut their target price on AeroVironment from $280.00 to $240.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Needham & Company LLC restated a “buy” rating and set a $225.00 price target on shares of AeroVironment in a research note on Thursday, July 9th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $205.00 price objective on shares of AeroVironment in a research note on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $266.68.
View Our Latest Stock Analysis on AVAV
Trending Headlines about AeroVironment
Here are the key news stories impacting AeroVironment this week:
- Positive Sentiment: President Donald Trump signed a proclamation imposing tariffs of up to 100% on imported drones and critical components. The policy is intended to reduce dependence on foreign supply chains and could give U.S. manufacturers such as AeroVironment a competitive advantage, potentially increasing demand for domestic systems. Trump administration imposes sweeping tariffs on foreign drone imports
- Positive Sentiment: AVAV is participating in a wider rally among domestic drone and defense stocks, including Kratos, Red Cat and Ondas, as investors anticipate that tariff protection could shift business toward U.S.-based suppliers. AeroVironment, Ondas, and Kratos Rising as Trump Levies Tariffs on Drone Imports
- Positive Sentiment: Recent momentum has also been supported by strong defense demand, a reported $117.3 million Army contract and a new autonomous-systems partnership. These developments reinforce the view that AeroVironment could benefit from sustained military procurement. AVAV Outperforms Industry in the Past Month
- Neutral Sentiment: Analysts remain constructive, with Clear Street maintaining a Buy rating, but valuation models suggest the shares may be near fair value after substantial long-term gains. Investors may therefore require continued contract wins and execution to justify further appreciation. Clear Street Remains a Buy on AeroVironment
- Negative Sentiment: One updated valuation analysis lowered its implied fair value estimate from approximately $251.93 to $225.77 per share, citing execution risk, heavier investment needs and elevated valuation following sharply revised expectations. This could limit upside if tariff-related benefits take time to materialize. AeroVironment Stock Sees Fair Value Cut
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.
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