AeroVironment, Inc. $AVAV Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 86.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 7,374 shares of the aerospace company’s stock after purchasing an additional 3,421 shares during the quarter. Jones Financial Companies Lllp’s holdings in AeroVironment were worth $2,221,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. United Services Automobile Association bought a new stake in AeroVironment during the first quarter worth approximately $225,000. Truist Financial Corp increased its stake in AeroVironment by 22.1% in the 2nd quarter. Truist Financial Corp now owns 5,610 shares of the aerospace company’s stock worth $1,599,000 after purchasing an additional 1,014 shares in the last quarter. KLP Kapitalforvaltning AS raised its holdings in AeroVironment by 1.7% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 5,900 shares of the aerospace company’s stock worth $1,681,000 after buying an additional 100 shares during the period. US Bancorp DE lifted its stake in AeroVironment by 13.5% during the second quarter. US Bancorp DE now owns 8,068 shares of the aerospace company’s stock valued at $2,299,000 after buying an additional 961 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of AeroVironment by 25.7% in the second quarter. IFP Advisors Inc now owns 1,650 shares of the aerospace company’s stock worth $498,000 after buying an additional 337 shares during the period. Institutional investors own 86.38% of the company’s stock.

AeroVironment Trading Up 8.6%

Shares of NASDAQ:AVAV opened at $257.20 on Monday. The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $12.84 billion, a PE ratio of -205.76, a P/E/G ratio of 3.80 and a beta of 1.23. AeroVironment, Inc. has a 1 year low of $102.25 and a 1 year high of $417.86. The firm has a fifty day moving average price of $286.98 and a 200 day moving average price of $294.59.

AeroVironment (NASDAQ:AVAV) last posted its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.43). The company had revenue of $472.51 million for the quarter, compared to the consensus estimate of $466.16 million. AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. AeroVironment’s quarterly revenue was up 150.7% on a year-over-year basis. During the same quarter last year, the business earned $0.47 earnings per share. 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.

Insiders Place Their Bets

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 999 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $367.60, for a total transaction of $367,232.40. Following the transaction, the chief financial officer owned 17,301 shares in the company, valued at $6,359,847.60. This trade represents a 5.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Brian Charles Shackley sold 200 shares of AeroVironment stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $250.92, for a total transaction of $50,184.00. Following the completion of the transaction, the chief accounting officer directly owned 5,994 shares in the company, valued at approximately $1,504,014.48. This represents a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,710 shares of company stock valued at $922,464 over the last 90 days. 0.81% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. The Goldman Sachs Group reduced their price target on shares of AeroVironment from $486.00 to $429.00 and set a “buy” rating for the company in a research report on Friday, December 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 target price on shares of AeroVironment in a research report on Friday, January 30th. Jefferies Financial Group reissued a “buy” rating and set a $390.00 price target on shares of AeroVironment in a research report on Thursday, December 11th. Raymond James Financial restated a “strong-buy” rating on shares of AeroVironment in a research report on Tuesday, December 16th. Finally, Zacks Research raised shares of AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $378.06.

AeroVironment Company 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.