New Mexico Educational Retirement Board bought a new stake in AeroVironment, Inc. (NASDAQ:AVAV – Free Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 6,600 shares of the aerospace company’s stock, valued at approximately $2,078,000.
A number of other hedge funds have also made changes to their positions in the company. Allworth Financial LP raised its stake in shares of AeroVironment by 8.2% during the 3rd quarter. Allworth Financial LP now owns 722 shares of the aerospace company’s stock worth $227,000 after buying an additional 55 shares during the last quarter. IFP Advisors Inc boosted its position in shares of AeroVironment by 512.4% in the 3rd quarter. IFP Advisors Inc now owns 10,104 shares of the aerospace company’s stock worth $3,200,000 after buying an additional 8,454 shares in the last quarter. Swiss Life Asset Management Ltd grew its stake in AeroVironment by 95.5% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 1,472 shares of the aerospace company’s stock valued at $464,000 after acquiring an additional 719 shares during the last quarter. Groupama Asset Managment purchased a new position in AeroVironment during the 3rd quarter valued at about $314,890,000. Finally, Strategic Advocates LLC purchased a new position in AeroVironment during the 3rd quarter valued at about $83,000. Hedge funds and other institutional investors own 86.38% of the company’s stock.
Insiders Place Their Bets
In other news, Director Stephen F. Page sold 250 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $212.52, for a total transaction of $53,130.00. Following the transaction, the director directly owned 49,751 shares in the company, valued at $10,573,082.52. This represents a 0.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Kevin Patrick Mcdonnell sold 396 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $224.55, for a total transaction of $88,921.80. Following the completion of the sale, the chief financial officer directly owned 16,026 shares in the company, valued at $3,598,638.30. This represents a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 4,924 shares of company stock valued at $1,486,038. Insiders own 0.81% of the company’s stock.
AeroVironment Trading Down 6.4%
AeroVironment (NASDAQ:AVAV – Get Free Report) last announced its quarterly earnings data on Tuesday, March 10th. The aerospace company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.04). The business had revenue of $408.05 million during the quarter, compared to analysts’ expectations of $487.94 million. AeroVironment had a negative net margin of 13.93% and a positive return on equity of 3.26%. AeroVironment’s revenue for the quarter was up 143.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 EPS. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. Analysts anticipate that AeroVironment, Inc. will post 3.38 earnings per share for the current year.
Trending Headlines about AeroVironment
Here are the key news stories impacting AeroVironment this week:
- Positive Sentiment: Canaccord Genuity reaffirmed a Buy on AeroVironment, which provides analyst support that can temper selling pressure and attract buyers. Canaccord Genuity Remains a Buy on AeroVironment (AVAV)
- Positive Sentiment: Increased media exposure (featured in coverage highlighting its counter‑drone/laser capabilities) could draw renewed investor interest around AeroVironment’s technology roadmap. This Company Promises to Shoot Down Drones with Lasers. Is Its Stock a Buy Here?
- Neutral Sentiment: Street coverage is mixed but leans constructive overall (a consensus “Moderate Buy”), meaning analyst views are supportive but varied on timing and valuation. AeroVironment, Inc. (NASDAQ:AVAV) Receives Consensus Recommendation of “Moderate Buy” from Analysts
- Neutral Sentiment: Management presentations (JPMorgan Industrials conference transcript) reiterate strategy and integration plans (BlueHalo/SCAR), useful for long‑term investors but not an immediate catalyst. AeroVironment, Inc. (AVAV) Presents at JPMorgan Industrials Conference 2026 Transcript
- Negative Sentiment: Reported insider selling has pressured the stock in the short term and contributed to intraday weakness. AeroVironment (NASDAQ:AVAV) Trading Down 3% After Insider Selling
- Negative Sentiment: Pomerantz announced an investor investigation into AeroVironment, raising legal/settlement risk and increasing uncertainty for holders. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AeroVironment, Inc. – AVAV
- Negative Sentiment: Street research and coverage point to valuation cuts and execution risk — analysts trimmed fair‑value estimates after SCAR program developments and Q3 results, while Zacks highlights supply‑chain, labor and contract risks that help explain recent multi‑week declines. How The AeroVironment (AVAV) Investment Story Is Shifting After SCAR And BlueHalo Developments AVAV Stock Declines 17.2% in 3 Months: What’s Next for Investors?
- Negative Sentiment: Macro risk — rising yields and geopolitical uncertainty (Middle East war) are cited by investors as catalysts that could disproportionately pressure high‑growth, defense‑tech names including AVAV. Tesla, Palantir, AeroVironment Seen At Risk: Gary Black Says War Outcome Could Drive Sharp Rebound
Wall Street Analyst Weigh In
A number of brokerages have issued reports on AVAV. Robert W. Baird cut their target price on shares of AeroVironment from $260.00 to $235.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. BTIG Research dropped their price objective on shares of AeroVironment from $415.00 to $330.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. KeyCorp cut their price objective on AeroVironment from $330.00 to $295.00 and set an “overweight” rating for the company in a research report on Wednesday, March 11th. Raymond James Financial reaffirmed an “underperform” rating on shares of AeroVironment in a research note on Monday, March 2nd. Finally, Needham & Company LLC lowered their target price on AeroVironment from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $318.78.
Get Our Latest Analysis on AVAV
About AeroVironment
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.
Further Reading
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