New York State Teachers Retirement System Purchases 3,116 Shares of AeroVironment, Inc. $AVAV

New York State Teachers Retirement System lifted its position in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 18.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 20,383 shares of the aerospace company’s stock after acquiring an additional 3,116 shares during the quarter. New York State Teachers Retirement System’s holdings in AeroVironment were worth $6,418,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AVAV. ORG Partners LLC lifted its holdings in AeroVironment by 296.0% during the second quarter. ORG Partners LLC now owns 99 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 74 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of AeroVironment in the second quarter valued at approximately $28,000. Vermillion Wealth Management Inc. bought a new stake in shares of AeroVironment in the third quarter valued at approximately $31,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of AeroVironment during the 3rd quarter valued at approximately $31,000. Finally, Bessemer Group Inc. boosted its holdings in AeroVironment by 60.3% in the 2nd quarter. Bessemer Group Inc. now owns 117 shares of the aerospace company’s stock worth $33,000 after buying an additional 44 shares during the period. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on AVAV shares. BTIG Research reissued a “buy” rating and set a $415.00 target price on shares of AeroVironment in a report on Monday, November 24th. Canaccord Genuity Group set a $400.00 price objective on AeroVironment in a research note on Wednesday, December 10th. Piper Sandler reissued an “overweight” rating on shares of AeroVironment in a report on Wednesday, December 10th. KeyCorp set a $285.00 target price on AeroVironment in a research note on Thursday, December 18th. Finally, Zacks Research upgraded AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. Two investment 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $375.41.

Insiders Place Their Bets

In related news, CAO Brian Charles Shackley sold 200 shares of the stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $250.92, for a total value of $50,184.00. Following the transaction, the chief accounting officer owned 5,994 shares of the company’s stock, valued at $1,504,014.48. This represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of the firm’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $367.60, for a total value of $367,232.40. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,223 shares of company stock worth $714,883 in the last three months. Insiders own 0.81% of the company’s stock.

AeroVironment Stock Performance

NASDAQ:AVAV opened at $378.57 on Friday. The stock has a market cap of $18.90 billion, a P/E ratio of -302.86, a PEG ratio of 5.63 and a beta of 1.16. The company has a quick ratio of 4.29, a current ratio of 5.08 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $283.66 and its two-hundred day moving average price is $289.07. AeroVironment, Inc. has a twelve month low of $102.25 and a twelve month high of $417.86.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings data 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 business had revenue of $472.51 million for the quarter, compared to analysts’ expectations of $466.16 million. AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.The firm’s revenue for the quarter was up 150.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, equities analysts predict that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

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.