Generali Investments Management Co LLC Has $351,000 Position in AeroVironment, Inc. $AVAV

Generali Investments Management Co LLC reduced its holdings in AeroVironment, Inc. (NASDAQ:AVAV) by 68.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,125 shares of the aerospace company’s stock after selling 4,596 shares during the period. Generali Investments Management Co LLC’s holdings in AeroVironment were worth $351,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Legacy Bridge LLC grew its holdings in shares of AeroVironment by 1.0% in the 4th quarter. Legacy Bridge LLC now owns 4,046 shares of the aerospace company’s stock valued at $979,000 after acquiring an additional 39 shares in the last quarter. NewEdge Wealth LLC increased its position in shares of AeroVironment by 1.1% in the fourth quarter. NewEdge Wealth LLC now owns 3,709 shares of the aerospace company’s stock valued at $897,000 after acquiring an additional 39 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in AeroVironment by 3.7% during the fourth quarter. J.W. Cole Advisors Inc. now owns 1,081 shares of the aerospace company’s stock worth $261,000 after acquiring an additional 39 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in AeroVironment by 29.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 188 shares of the aerospace company’s stock worth $45,000 after acquiring an additional 43 shares in the last quarter. Finally, Signaturefd LLC boosted its position in AeroVironment by 10.5% during the fourth quarter. Signaturefd LLC now owns 495 shares of the aerospace company’s stock valued at $120,000 after purchasing an additional 47 shares during the last quarter. 86.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AVAV has been the subject of a number of analyst reports. Clear Str upgraded AeroVironment to a “strong-buy” rating in a research note on Wednesday, April 29th. William Blair reiterated an “outperform” rating on shares of AeroVironment in a research note on Wednesday, July 15th. Wolfe Research downgraded AeroVironment to a “buy” rating in a report on Tuesday, June 30th. Weiss Ratings restated a “sell (d)” rating on shares of AeroVironment in a report on Monday, June 8th. Finally, UBS Group reaffirmed a “buy” rating on shares of AeroVironment in a research report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AeroVironment currently has an average rating of “Moderate Buy” and an average target price of $266.68.

AeroVironment Stock Up 1.3%

AVAV opened at $189.15 on Tuesday. The stock’s fifty day simple moving average is $162.89 and its 200 day simple moving average is $197.61. AeroVironment, Inc. has a 1-year low of $135.20 and a 1-year high of $417.86. The stock has a market cap of $9.57 billion, a PE ratio of -51.40, a price-to-earnings-growth ratio of 6.35 and a beta of 1.41. The company has a current ratio of 4.30, a quick ratio of 3.59 and a debt-to-equity ratio of 0.17.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings data on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.37. The company had revenue of $641.62 million for the quarter, compared to analyst estimates of $555.97 million. AeroVironment had a negative net margin of 9.00% and a positive return on equity of 3.71%. The company’s revenue was up 133.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.61 earnings per share. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. As a group, research analysts expect that AeroVironment, Inc. will post 3.26 earnings per share for the current year.

Insiders Place Their Bets

In other AeroVironment news, Director Stephen F. Page sold 250 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $174.41, for a total transaction of $43,602.50. Following the completion of the sale, the director directly owned 49,001 shares in the company, valued at $8,546,264.41. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.81% of the stock is currently owned by corporate insiders.

AeroVironment Company 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.