Copperleaf Capital LLC Buys Shares of 1,882 AeroVironment, Inc. $AVAV

Copperleaf Capital LLC purchased a new position in AeroVironment, Inc. (NASDAQ:AVAV) in the third quarter, Holdings Channel reports. The institutional investor purchased 1,882 shares of the aerospace company’s stock, valued at approximately $593,000.

Several other hedge funds also recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB lifted its holdings in AeroVironment by 98.9% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,609 shares of the aerospace company’s stock worth $507,000 after purchasing an additional 800 shares in the last quarter. Magnus Financial Group LLC increased its position in shares of AeroVironment by 52.7% during the third quarter. Magnus Financial Group LLC now owns 2,546 shares of the aerospace company’s stock valued at $802,000 after buying an additional 879 shares during the period. Stephens Inc. AR lifted its holdings in shares of AeroVironment by 52.5% in the third quarter. Stephens Inc. AR now owns 6,334 shares of the aerospace company’s stock worth $1,995,000 after buying an additional 2,180 shares in the last quarter. Eastern Bank bought a new position in shares of AeroVironment in the third quarter valued at approximately $407,000. Finally, Moseley Investment Management Inc. lifted its stake in AeroVironment by 38.7% in the 3rd quarter. Moseley Investment Management Inc. now owns 1,362 shares of the aerospace company’s stock worth $429,000 after purchasing an additional 380 shares in the last quarter. 86.38% of the stock is currently owned by hedge funds and other institutional investors.

AeroVironment Price Performance

Shares of AeroVironment stock opened at $378.57 on Friday. The firm has a market capitalization of $18.90 billion, a PE ratio of -302.86, a price-to-earnings-growth ratio of 5.63 and a beta of 1.16. The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16. AeroVironment, Inc. has a 12 month low of $102.25 and a 12 month high of $417.86. The business’s 50-day moving average price is $283.66 and its 200-day moving average price is $289.07.

AeroVironment (NASDAQ:AVAV) last issued its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.43). AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.The firm had revenue of $472.51 million during the quarter, compared to analysts’ expectations of $466.16 million. During the same period in the prior year, the company earned $0.47 EPS. The firm’s quarterly revenue was up 150.7% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Sell-side analysts forecast that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

Insiders Place Their Bets

In other AeroVironment news, CAO Brian Charles Shackley sold 200 shares of the business’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $250.92, for a total value of $50,184.00. Following the completion of the sale, the chief accounting officer directly owned 5,994 shares of the company’s stock, valued at $1,504,014.48. The trade was a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $367.60, for a total transaction of $367,232.40. Following the sale, the chief financial officer owned 17,301 shares of the company’s stock, valued at approximately $6,359,847.60. The trade was a 5.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,223 shares of company stock valued at $714,883 in the last ninety days. 0.81% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AVAV has been the subject of a number of recent analyst reports. Cantor Fitzgerald reduced their price target on shares of AeroVironment from $335.00 to $315.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. BNP Paribas upgraded AeroVironment to a “strong-buy” rating in a research report on Tuesday, November 18th. Jefferies Financial Group restated a “buy” rating and issued a $390.00 target price on shares of AeroVironment in a research note on Thursday, December 11th. New Street Research set a $365.00 price target on AeroVironment in a research report on Wednesday, October 1st. Finally, Royal Bank Of Canada cut their price objective on AeroVironment from $440.00 to $400.00 and set an “outperform” rating for the company in a report on Monday, December 8th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $375.41.

AeroVironment Profile

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.