AeroVironment (NASDAQ:AVAV) CFO Kevin Patrick Mcdonnell Sells 879 Shares

AeroVironment, Inc. (NASDAQ:AVAVGet Free Report) CFO Kevin Patrick Mcdonnell sold 879 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $267.60, for a total value of $235,220.40. Following the completion of the transaction, the chief financial officer directly owned 16,422 shares of the company’s stock, valued at approximately $4,394,527.20. This trade represents a 5.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Kevin Patrick Mcdonnell also recently made the following trade(s):

  • On Monday, January 12th, Kevin Patrick Mcdonnell sold 999 shares of AeroVironment stock. The shares were sold at an average price of $367.60, for a total transaction of $367,232.40.
  • On Wednesday, December 10th, Kevin Patrick Mcdonnell sold 511 shares of AeroVironment stock. The stock was sold at an average price of $249.37, for a total transaction of $127,428.07.

AeroVironment Price Performance

NASDAQ AVAV traded down $19.84 during trading on Wednesday, reaching $243.42. 1,592,069 shares of the company traded hands, compared to its average volume of 1,718,454. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $417.86. The company has a market cap of $12.15 billion, a price-to-earnings ratio of -194.74, a P/E/G ratio of 4.06 and a beta of 1.23. The stock’s 50 day moving average price is $287.28 and its two-hundred day moving average price is $294.54. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.29 and a current ratio of 5.08.

AeroVironment (NASDAQ:AVAVGet Free Report) last issued its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 positive return on equity of 3.42% and a negative net margin of 5.08%.The company’s quarterly revenue was up 150.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 earnings per share. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, analysts anticipate that AeroVironment, Inc. will post 3.38 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on AVAV shares. Citizens Jmp reiterated a “market outperform” rating and issued a $400.00 target price on shares of AeroVironment in a research note on Wednesday, December 10th. Zacks Research upgraded shares of AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. Piper Sandler reissued an “overweight” rating on shares of AeroVironment in a report on Wednesday, December 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $450.00 price target on shares of AeroVironment in a research note on Friday, January 30th. Finally, BTIG Research reiterated a “buy” rating and issued a $415.00 price objective on shares of AeroVironment in a research report on Monday, January 26th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $378.06.

Check Out Our Latest Stock Analysis on AeroVironment

Hedge Funds Weigh In On AeroVironment

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. United Services Automobile Association bought a new stake in shares of AeroVironment in the 1st quarter valued at about $225,000. US Bancorp DE grew its holdings 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 purchasing an additional 961 shares during the period. IFP Advisors Inc increased its stake in AeroVironment by 25.7% in the second quarter. IFP Advisors Inc now owns 1,650 shares of the aerospace company’s stock valued at $498,000 after purchasing an additional 337 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in AeroVironment in the second quarter worth $290,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in AeroVironment in the second quarter worth $420,000. Institutional investors own 86.38% of the company’s stock.

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About AeroVironment

(Get 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.

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Insider Buying and Selling by Quarter for AeroVironment (NASDAQ:AVAV)

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