Kingsview Wealth Management LLC Invests $1.37 Million in AeroVironment, Inc. $AVAV

Kingsview Wealth Management LLC bought a new position in AeroVironment, Inc. (NASDAQ:AVAV) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,293 shares of the aerospace company’s stock, valued at approximately $1,369,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. F m Investments LLC bought a new position in shares of AeroVironment in the 4th quarter valued at about $1,775,000. Norges Bank purchased a new position in AeroVironment in the fourth quarter worth about $94,655,000. GW&K Investment Management LLC increased its stake in AeroVironment by 289.9% during the fourth quarter. GW&K Investment Management LLC now owns 222,055 shares of the aerospace company’s stock worth $53,714,000 after acquiring an additional 165,106 shares during the last quarter. MYDA Advisors LLC bought a new stake in AeroVironment during the fourth quarter worth approximately $3,628,000. Finally, BlackRock Inc. purchased a new stake in AeroVironment during the second quarter valued at approximately $574,566,000. 86.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on AVAV shares. Canaccord Genuity Group dropped their target price on AeroVironment from $280.00 to $240.00 and set a “buy” rating for the company in a report on Friday, July 10th. Jefferies Financial Group dropped their price objective on shares of AeroVironment from $305.00 to $229.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. BTIG Research restated a “buy” rating and set a $205.00 target price on shares of AeroVironment in a report on Thursday, July 9th. KeyCorp reaffirmed an “overweight” rating on shares of AeroVironment in a research report on Tuesday, July 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price target on shares of AeroVironment in a report on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued 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 company currently has an average rating of “Moderate Buy” and a consensus target price of $266.68.

Insider Transactions at AeroVironment

In other AeroVironment news, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $191.98, for a total transaction of $47,995.00. Following the completion of the sale, the director directly owned 48,503 shares in the company, valued at $9,311,605.94. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brian Charles Shackley sold 205 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $201.86, for a total transaction of $41,381.30. Following the transaction, the chief accounting officer directly owned 7,888 shares in the company, valued at approximately $1,592,271.68. The trade was a 2.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 705 shares of company stock valued at $132,979. 0.79% of the stock is owned by company insiders.

AeroVironment Stock Down 2.9%

AeroVironment stock opened at $147.94 on Friday. The stock’s 50 day moving average price is $159.76 and its 200 day moving average price is $186.61. The company has a market cap of $7.52 billion, a PE ratio of -40.20, a price-to-earnings-growth ratio of 5.05 and a beta of 1.41. AeroVironment, Inc. has a 1-year low of $135.20 and a 1-year high of $417.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.30 and a quick ratio of 3.59.

AeroVironment (NASDAQ:AVAV) last posted its earnings results on Monday, June 29th. The aerospace company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.37. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.The company had revenue of $641.62 million for the quarter, compared to the consensus estimate of $555.97 million. During the same period in the previous year, the business earned $1.61 earnings per share. AeroVironment’s quarterly revenue was up 133.3% compared to the same quarter last year. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. On average, sell-side analysts predict that AeroVironment, Inc. will post 3.25 EPS for the current fiscal year.

AeroVironment News Summary

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: AeroVironment received a $51 million U.S. Army order for additional Switchblade 600 loitering munitions. The award reinforces demand for the company’s autonomous weapons systems and supports production expansion ahead of first-quarter earnings. AVAV Stock Rises Overnight: AeroVironment Pockets $51M Army Contract Ahead Of Q1 Earnings
• Positive Sentiment: NASA’s Jet Propulsion Laboratory selected AeroVironment to co-design and co-manufacture three helicopters for the SkyFall Mars mission, potentially launching in 2028. The project broadens AVAV’s unmanned-systems expertise beyond defense and has moved into a formally funded science program. AeroVironment to co-manufacture helicopters for Mars with NASA
• Positive Sentiment: William Blair reiterated a Buy rating, citing strong loitering-munitions demand and the potential for an Army E-HEL laser contract to offset near-term revenue pressure. Analysts also point to AVAV’s multibillion-dollar backlog and international expansion as longer-term supports. Louie DiPalma Reiterates Buy on AeroVironment
• Neutral Sentiment: Management will present at the Jefferies Global Industrials Conference on September 10, giving investors a potential update on orders, production capacity and the outlook.
• Negative Sentiment: Shares have declined from their 52-week peak and trade below both their 50-day and 200-day moving averages, signaling continued bearish momentum. Investors may also be concerned that AVAV’s high-growth outlook is already reflected in its valuation.
• Negative Sentiment: Recent insider activity shows 11 sales and no purchases over six months, including sales by the CFO and other executives. That pattern can weigh on sentiment, although it does not necessarily indicate deteriorating business fundamentals.

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.