IQ EQ FUND MANAGEMENT IRELAND Ltd Increases Holdings in AeroVironment, Inc. $AVAV

IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 171.8% during the third quarter, HoldingsChannel.com reports. The firm owned 28,523 shares of the aerospace company’s stock after purchasing an additional 18,029 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in AeroVironment were worth $8,982,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC increased its position in shares of AeroVironment by 60.0% during the third 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 during the period. AlphaQuest LLC purchased a new position in AeroVironment during the third quarter valued at approximately $25,000. TD Waterhouse Canada Inc. increased its holdings in 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 acquiring an additional 40 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new stake in AeroVironment in the 3rd quarter worth approximately $31,000. Finally, Vermillion Wealth Management Inc. bought a new position in AeroVironment in the 3rd quarter valued at $31,000. Institutional investors own 86.38% of the company’s stock.

AeroVironment Stock Performance

Shares of NASDAQ AVAV opened at $236.88 on Friday. The stock has a market cap of $11.83 billion, a price-to-earnings ratio of -189.50, a P/E/G ratio of 3.81 and a beta of 1.23. The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $417.86. The stock’s 50-day moving average is $287.45 and its 200 day moving average is $294.31.

AeroVironment (NASDAQ:AVAV) last issued its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.43). The firm had revenue of $472.51 million during the quarter, compared to analysts’ expectations of $466.16 million. AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.The firm’s quarterly revenue was up 150.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. On average, sell-side analysts anticipate that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

Insider Activity at AeroVironment

In other news, Director Stephen F. Page sold 1,000 shares of AeroVironment stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $377.62, for a total value of $377,620.00. Following the transaction, the director owned 51,001 shares in the company, valued at approximately $19,258,997.62. The trade was a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kevin Patrick Mcdonnell sold 999 shares of the 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 sale, the chief financial officer owned 17,301 shares of the company’s stock, valued at $6,359,847.60. This represents a 5.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 3,223 shares of company stock valued at $1,092,503. Insiders own 0.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AVAV shares. Zacks Research raised shares of AeroVironment from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 2nd. KeyCorp boosted their target price on AeroVironment from $285.00 to $330.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 price target on shares of AeroVironment in a report on Friday, January 30th. Jefferies Financial Group reiterated a “buy” rating and set a $390.00 price target on shares of AeroVironment in a research report on Thursday, December 11th. Finally, Canaccord Genuity Group set a $400.00 price objective on shares of AeroVironment in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, AeroVironment presently has a consensus rating of “Buy” and a consensus price target of $378.06.

AeroVironment 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.