Stephen Page Sells 250 Shares of AeroVironment (NASDAQ:AVAV) Stock

AeroVironment, Inc. (NASDAQ:AVAV) Director Stephen Page sold 250 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 49,251 shares of the company’s stock, valued at $7,993,929.81. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

AeroVironment Stock Performance

NASDAQ AVAV opened at $160.23 on Wednesday. The firm has a market capitalization of $8.00 billion, a P/E ratio of -36.92, a price-to-earnings-growth ratio of 2.22 and a beta of 1.35. The company has a current ratio of 5.51, a quick ratio of 4.54 and a debt-to-equity ratio of 0.17. The firm’s fifty day moving average price is $190.62 and its two-hundred day moving average price is $251.40. AeroVironment, Inc. has a 1 year low of $156.00 and a 1 year high of $417.86.

AeroVironment (NASDAQ:AVAV) last announced its quarterly earnings data on Tuesday, March 10th. The aerospace company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.04). The firm 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 was up 143.4% on a year-over-year basis. During the same period last year, the business earned $0.30 EPS. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. As a group, research analysts anticipate that AeroVironment, Inc. will post 2.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Canaccord Genuity Group lowered their price target on AeroVironment from $330.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. BTIG Research reduced their target price on AeroVironment from $415.00 to $330.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Raymond James Financial raised AeroVironment from an “underperform” rating to a “market perform” rating in a report on Monday, March 23rd. Clear Str upgraded AeroVironment to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen raised AeroVironment from a “sell” rating to a “hold” rating in a report on Saturday. Two 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, AeroVironment has a consensus rating of “Moderate Buy” and an average target price of $318.78.

Institutional Investors Weigh In On AeroVironment

Institutional investors have recently made changes to their positions in the company. AlphaQuest LLC bought a new position in shares of AeroVironment during the third quarter worth approximately $25,000. Sunbelt Securities Inc. bought a new stake in AeroVironment in the 1st quarter valued at $25,000. Tema Etfs LLC bought a new stake in AeroVironment in the 4th quarter valued at $26,000. Hilton Head Capital Partners LLC acquired a new position in AeroVironment in the 4th quarter valued at $26,000. Finally, TD Waterhouse Canada Inc. increased its position in AeroVironment by 100.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock worth $28,000 after buying an additional 40 shares during the period. Institutional investors own 86.38% of the company’s stock.

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.