Canvas Wealth Advisors LLC Has $1.26 Million Stock Holdings in AeroVironment, Inc. $AVAV

Canvas Wealth Advisors LLC raised its stake in AeroVironment, Inc. (NASDAQ:AVAV) by 706.0% in the fourth quarter, Holdings Channel reports. The firm owned 5,199 shares of the aerospace company’s stock after acquiring an additional 4,554 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in AeroVironment were worth $1,258,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. N.E.W. Advisory Services LLC raised its stake in shares of AeroVironment by 60.0% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 30 shares in the last quarter. Rothschild Investment LLC grew its stake in shares of AeroVironment by 7.8% in the third quarter. Rothschild Investment LLC now owns 498 shares of the aerospace company’s stock valued at $157,000 after buying an additional 36 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of AeroVironment by 100.0% in the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock valued at $28,000 after buying an additional 40 shares in the last quarter. Huntington National Bank increased its holdings in AeroVironment by 72.1% during the third quarter. Huntington National Bank now owns 105 shares of the aerospace company’s stock worth $33,000 after buying an additional 44 shares during the last quarter. Finally, Ballentine Partners LLC increased its holdings in AeroVironment by 3.9% during the third quarter. Ballentine Partners LLC now owns 1,247 shares of the aerospace company’s stock worth $393,000 after buying an additional 47 shares during the last quarter. Institutional investors and hedge funds own 86.38% of the company’s stock.

AeroVironment Stock Up 1.4%

Shares of AVAV opened at $199.02 on Thursday. The firm has a market cap of $9.94 billion, a P/E ratio of -45.86, a price-to-earnings-growth ratio of 3.42 and a beta of 1.26. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.54 and a current ratio of 5.51. AeroVironment, Inc. has a 52 week low of $102.25 and a 52 week high of $417.86. The firm’s 50-day simple moving average is $259.03 and its 200 day simple moving average is $290.46.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings data on Tuesday, March 10th. The aerospace company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.04). AeroVironment had a positive return on equity of 3.26% and a negative net margin of 13.93%.The company had revenue of $408.05 million for the quarter, compared to analyst estimates of $487.94 million. During the same quarter last year, the business earned $0.30 earnings per share. The company’s revenue was up 143.4% on a year-over-year basis. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. On average, analysts forecast that AeroVironment, Inc. will post 3.38 earnings per share for the current year.

Key Headlines Impacting AeroVironment

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: Raymond James upgraded AeroVironment to Market Perform; the bump in analyst sentiment helped support buying interest. Raymond James upgrade article
• Positive Sentiment: Zacks highlights expansion and upgrades across AVAV’s tactical UAS portfolio, arguing this positions the company to capture rising defense demand and drive long-term revenue growth. Can AeroVironment’s Tactical UAS Portfolio Drive Revenue Growth?
• Positive Sentiment: AVAV formally launched LOCUST® X3, a third‑generation high‑energy laser system (20–35+ kW, modular/AI-enabled) aimed at counter‑drone defense—an important product for defense customers and longer‑term backlog potential. LOCUST X3 press release
• Neutral Sentiment: Broader market and geopolitics have boosted defense names in recent sessions (a pause in military action news helped the group); this macro support likely aided AVAV’s move but is not company‑specific. Defense sector lift article
• Neutral Sentiment: Multiple short‑interest reports showed zero or NaN changes (data appears unreliable/glitched); no actionable short‑interest signal emerged from the recent filings. (Data source aggregated)
• Negative Sentiment: Despite the LOCUST X3 announcement, some headlines noted an immediate share pullback and intraday slip (~low-single-digit percent moves), suggesting investors wanted clearer near‑term contracts/backlog or were digesting the company’s recent earnings miss. Stock reaction to LOCUST X3

Insider Transactions at AeroVironment

In other AeroVironment news, Director Stephen F. Page sold 1,000 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $377.62, for a total value of $377,620.00. Following the transaction, the director directly owned 51,001 shares of the company’s stock, valued at $19,258,997.62. This represents a 1.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $367.60, for a total value of $367,232.40. Following the transaction, the chief financial officer owned 17,301 shares in the company, valued at $6,359,847.60. The trade was a 5.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 4,924 shares of company stock worth $1,486,038. Company insiders own 0.81% of the company’s stock.

Analysts Set New Price Targets

AVAV has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 9th. Robert W. Baird lowered their price objective on shares of AeroVironment from $260.00 to $235.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 11th. Citizens Jmp dropped their target price on shares of AeroVironment from $400.00 to $350.00 and set a “market outperform” rating on the stock in a report on Wednesday, March 11th. UBS Group cut their target price on shares of AeroVironment from $259.00 to $236.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. Finally, Cantor Fitzgerald reduced their price target on AeroVironment from $335.00 to $315.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $318.78.

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.