Leonteq Securities AG Acquires Shares of 3,898 AeroVironment, Inc. $AVAV

Leonteq Securities AG purchased a new position in shares of AeroVironment, Inc. (NASDAQ:AVAVFree Report) during the fourth quarter, Holdings Channel.com reports. The fund purchased 3,898 shares of the aerospace company’s stock, valued at approximately $943,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. TD Waterhouse Canada Inc. raised its position in shares of AeroVironment by 100.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 40 shares during the period. AlphaQuest LLC acquired a new stake in shares of AeroVironment during the 3rd quarter worth approximately $25,000. Smithfield Trust Co acquired a new stake in shares of AeroVironment during the 3rd quarter worth approximately $31,000. Root Financial Partners LLC acquired a new stake in shares of AeroVironment during the 3rd quarter worth approximately $32,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of AeroVironment during the 3rd quarter worth approximately $29,000. 86.38% of the stock is currently owned by institutional investors and hedge funds.

AeroVironment Stock Down 0.5%

AVAV opened at $163.09 on Friday. AeroVironment, Inc. has a 12 month low of $156.00 and a 12 month high of $417.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.51 and a quick ratio of 4.54. The stock has a market cap of $8.14 billion, a P/E ratio of -37.58, a P/E/G ratio of 2.25 and a beta of 1.35. The stock’s 50 day moving average price is $188.18 and its 200 day moving average price is $248.52.

AeroVironment (NASDAQ:AVAVGet Free Report) last posted its earnings results on Tuesday, March 10th. The aerospace company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.04). AeroVironment had a negative net margin of 13.93% and a positive return on equity of 3.26%. The business had revenue of $408.05 million during the quarter, compared to analyst estimates of $487.94 million. During the same quarter in the prior year, the business earned $0.30 earnings per share. The firm’s revenue was up 143.4% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. As a group, research analysts predict that AeroVironment, Inc. will post 2.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Jefferies Financial Group dropped their price target on AeroVironment from $390.00 to $305.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. JPMorgan Chase & Co. assumed coverage on AeroVironment in a research report on Tuesday, February 17th. They set an “overweight” rating and a $320.00 price target on the stock. Royal Bank Of Canada dropped their price target on AeroVironment from $325.00 to $250.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 11th. Zacks Research upgraded AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Finally, UBS Group dropped their price target on AeroVironment from $259.00 to $236.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, AeroVironment has a consensus rating of “Moderate Buy” and a consensus target price of $318.78.

Read Our Latest Analysis on AeroVironment

Insider Activity at AeroVironment

In related news, Director Stephen F. Page sold 250 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $162.31, for a total value of $40,577.50. Following the sale, the director directly owned 49,251 shares in the company, valued at $7,993,929.81. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brian Charles Shackley sold 200 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $212.52, for a total value of $42,504.00. Following the completion of the sale, the chief accounting officer owned 5,794 shares in the company, valued at approximately $1,231,340.88. This represents a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,596 shares of company stock worth $349,456 in the last three months. 0.81% of the stock is owned by company insiders.

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

Want to see what other hedge funds are holding AVAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc. (NASDAQ:AVAVFree Report).

Institutional Ownership by Quarter for AeroVironment (NASDAQ:AVAV)

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