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AeroVironment (NASDAQ:AVAV) CFO Jikun Kim sold 14,649 shares of AeroVironment stock on the open market in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $34.84, for a total value of $510,371.16. Following the sale, the chief financial officer now directly owns 35,426 shares in the company, valued at approximately $1,234,242. The sale was disclosed in a legal filing with the SEC, which is available at this link.

AeroVironment (NASDAQ:AVAV) traded down 0.03% on Wednesday, hitting $34.39. The stock had a trading volume of 294,119 shares. AeroVironment has a 52 week low of $20.78 and a 52 week high of $41.67. The stock’s 50-day moving average is $32.88 and its 200-day moving average is $33.18. The company has a market cap of $783.5 million and a price-to-earnings ratio of 57.33. AeroVironment also was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 1,052,403 shares, an increase of 38.1% from the June 13th total of 762,108 shares. Based on an average daily trading volume, of 317,115 shares, the short-interest ratio is presently 3.3 days. Currently, 5.4% of the shares of the stock are short sold.

AeroVironment (NASDAQ:AVAV) last posted its quarterly earnings results on Tuesday, July 8th. The company reported $0.27 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.05. The company had revenue of $73.50 million for the quarter, compared to the consensus estimate of $69.62 million. During the same quarter last year, the company posted ($0.04) earnings per share. AeroVironment’s revenue was up 35.9% compared to the same quarter last year. Analysts expect that AeroVironment will post $0.08 EPS for the current fiscal year.

A number of analysts have recently weighed in on AVAV shares. Analysts at Jefferies Group reiterated a “hold” rating on shares of AeroVironment in a research note on Wednesday, July 9th. They now have a $30.00 price target on the stock, up previously from $29.00. Analysts at Benchmark Co. downgraded shares of AeroVironment from a “buy” rating to a “hold” rating in a research note on Tuesday, June 17th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $30.41.

AeroVironment, Inc designs, develops, produces and supports a portfolio of products and services. The Company operates in two segments: Unmanned Aircraft Systems (NASDAQ:AVAV) and Efficient Energy Systems (EES).

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