AeroVironment, Inc. $AVAV Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of AeroVironment, Inc. (NASDAQ:AVAVFree Report) by 22.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,788 shares of the aerospace company’s stock after selling 9,411 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of AeroVironment worth $10,010,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in AeroVironment by 14.3% during the second quarter. Vanguard Group Inc. now owns 3,478,114 shares of the aerospace company’s stock worth $991,089,000 after purchasing an additional 433,830 shares in the last quarter. Norges Bank purchased a new position in shares of AeroVironment during the 2nd quarter valued at approximately $75,690,000. Invesco Ltd. grew its stake in AeroVironment by 75.6% in the 2nd quarter. Invesco Ltd. now owns 609,019 shares of the aerospace company’s stock valued at $173,540,000 after acquiring an additional 262,239 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in AeroVironment by 550.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 178,204 shares of the aerospace company’s stock worth $56,115,000 after acquiring an additional 150,819 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in AeroVironment by 54.0% during the second quarter. Bank of New York Mellon Corp now owns 398,772 shares of the aerospace company’s stock worth $113,630,000 after acquiring an additional 139,880 shares during the period. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Analyst Ratings Changes

AVAV has been the topic of several research analyst reports. Piper Sandler reiterated an “overweight” rating on shares of AeroVironment in a research report on Wednesday, December 10th. New Street Research set a $365.00 price objective on AeroVironment in a report on Wednesday, October 1st. Cantor Fitzgerald reduced their target price on AeroVironment from $335.00 to $315.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Robert W. Baird lifted their price target on AeroVironment from $267.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Finally, BTIG Research reiterated a “buy” rating and set a $415.00 price target on shares of AeroVironment in a research report on Monday, November 24th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $375.41.

Get Our Latest Stock Report on AeroVironment

Insider Transactions at AeroVironment

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 999 shares of AeroVironment 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 transaction, the chief financial officer directly owned 17,301 shares of the company’s stock, valued at $6,359,847.60. The trade was a 5.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen F. Page sold 1,000 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $377.62, for a total transaction of $377,620.00. Following the completion of the transaction, the director owned 51,001 shares in the company, valued at $19,258,997.62. The trade was a 1.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,223 shares of company stock worth $1,092,503 in the last quarter. Company insiders own 0.81% of the company’s stock.

AeroVironment Trading Down 1.4%

AVAV opened at $307.75 on Friday. The firm has a market capitalization of $15.36 billion, a price-to-earnings ratio of -246.20, a price-to-earnings-growth ratio of 4.55 and a beta of 1.16. The company’s 50 day simple moving average is $286.75 and its two-hundred day simple moving average is $293.21. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $417.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.08 and a quick ratio of 4.29.

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

More AeroVironment News

Here are the key news stories impacting AeroVironment this week:

About AeroVironment

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AVAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc. (NASDAQ:AVAVFree Report).

Institutional Ownership by Quarter for AeroVironment (NASDAQ:AVAV)

Receive News & Ratings for AeroVironment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AeroVironment and related companies with MarketBeat.com's FREE daily email newsletter.