Xcel Wealth Management LLC Makes New $1.18 Million Investment in AeroVironment, Inc. $AVAV

Xcel Wealth Management LLC purchased a new stake in shares of AeroVironment, Inc. (NASDAQ:AVAVFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,736 shares of the aerospace company’s stock, valued at approximately $1,176,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. N.E.W. Advisory Services LLC lifted its position 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 valued at $25,000 after buying an additional 30 shares in the last quarter. ORG Partners LLC raised its position in shares of AeroVironment by 296.0% during the 2nd 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 period. RMG Wealth Management LLC purchased a new position in shares of AeroVironment during the 2nd quarter valued at $28,000. Vermillion Wealth Management Inc. bought a new position in AeroVironment in the 3rd quarter worth $31,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in AeroVironment in the 3rd quarter worth $31,000. Hedge funds and other institutional investors own 86.38% of the company’s stock.

AeroVironment Price Performance

Shares of AeroVironment stock opened at $392.86 on Monday. The stock has a market cap of $19.62 billion, a price-to-earnings ratio of -314.29, a price-to-earnings-growth ratio of 5.80 and a beta of 1.16. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.29 and a current ratio of 5.08. The stock has a 50 day moving average price of $284.93 and a 200-day moving average price of $290.39. AeroVironment, Inc. has a one year low of $102.25 and a one year high of $417.86.

AeroVironment (NASDAQ:AVAVGet Free Report) last released its quarterly 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 analysts’ expectations of $466.16 million. AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The business’s quarterly revenue was up 150.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Equities analysts expect that AeroVironment, Inc. will post 3.38 EPS for the current year.

Insider Transactions at AeroVironment

In other AeroVironment news, 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 completion of the sale, the chief financial officer owned 17,301 shares of the company’s stock, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Brian Charles Shackley sold 200 shares of the business’s stock in a transaction that occurred 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 transaction, the chief accounting officer owned 5,994 shares of the company’s stock, valued at $1,504,014.48. This trade represents a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 3,223 shares of company stock worth $1,092,503. 0.81% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have weighed in on AVAV. Canaccord Genuity Group set a $400.00 price target on AeroVironment in a research note on Wednesday, December 10th. Citigroup restated a “market outperform” rating on shares of AeroVironment in a research report on Monday, January 12th. Jefferies Financial Group reiterated a “buy” rating and issued a $390.00 target price on shares of AeroVironment in a research report on Thursday, December 11th. Royal Bank Of Canada cut their price target on AeroVironment from $440.00 to $400.00 and set an “outperform” rating for the company in a report on Monday, December 8th. Finally, KeyCorp set a $285.00 price objective on AeroVironment in a report on Thursday, December 18th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, AeroVironment currently has a consensus rating of “Moderate Buy” and a consensus target price of $375.41.

Check Out Our Latest Report on AVAV

AeroVironment Company Profile

(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

Institutional Ownership by Quarter for AeroVironment (NASDAQ:AVAV)

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