AeroVironment (NASDAQ:AVAV) Stock Price Down 4.9% – Should You Sell?

AeroVironment, Inc. (NASDAQ:AVAV) was down 4.9% during mid-day trading on Tuesday . The company traded as low as $194.80 and last traded at $196.18. Approximately 1,239,747 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 1,951,946 shares. The stock had previously closed at $206.27.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. KeyCorp decreased their price objective on shares of AeroVironment from $330.00 to $295.00 and set an “overweight” rating for the company in a research report on Wednesday, March 11th. Jefferies Financial Group dropped their target price on shares of AeroVironment from $390.00 to $305.00 and set a “buy” rating on the stock in a report on Thursday, March 12th. Cantor Fitzgerald cut their price target on shares of AeroVironment from $335.00 to $315.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. Robert W. Baird decreased their price target on AeroVironment from $260.00 to $235.00 and set an “outperform” rating for the company in a report on Wednesday, March 11th. Finally, The Goldman Sachs Group lowered their price objective on AeroVironment from $486.00 to $429.00 and set a “buy” rating for the company in a research report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $318.78.

AeroVironment Stock Down 1.6%

The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.54 and a current ratio of 5.51. The firm’s 50 day moving average price is $259.03 and its two-hundred day moving average price is $290.46. The company has a market cap of $9.78 billion, a P/E ratio of -45.14, a price-to-earnings-growth ratio of 3.42 and a beta of 1.26.

AeroVironment (NASDAQ:AVAV) last issued its earnings results on Tuesday, March 10th. The aerospace company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.04). The company had revenue of $408.05 million for the quarter, compared to the consensus estimate of $487.94 million. AeroVironment had a positive return on equity of 3.26% and a negative net margin of 13.93%.The firm’s revenue was up 143.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.30 earnings per share. AeroVironment has set its FY 2026 guidance at 2.750-3.100 EPS. Equities research analysts anticipate that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

Insider Transactions at AeroVironment

In related news, CFO Kevin Patrick Mcdonnell sold 999 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $367.60, for a total value of $367,232.40. Following the completion of the sale, the chief financial officer directly owned 17,301 shares of the company’s stock, valued at $6,359,847.60. The trade was a 5.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Brian Charles Shackley sold 200 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $212.52, for a total value of $42,504.00. Following the transaction, the chief accounting officer directly owned 5,794 shares in the company, valued at approximately $1,231,340.88. This trade represents a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,924 shares of company stock valued at $1,486,038 in the last 90 days. 0.81% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AeroVironment

Several hedge funds and other institutional investors have recently modified their holdings of AVAV. N.E.W. Advisory Services LLC grew its position in AeroVironment by 60.0% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 30 shares during the period. AlphaQuest LLC acquired a new position in AeroVironment during the third quarter worth $25,000. Tema Etfs LLC bought a new position in shares of AeroVironment in the fourth quarter valued at $26,000. Hilton Head Capital Partners LLC bought a new position in shares of AeroVironment in the fourth quarter valued at $26,000. Finally, TD Waterhouse Canada Inc. grew its holdings in shares of AeroVironment by 100.0% during the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock valued at $28,000 after buying an additional 40 shares during the last quarter. Institutional investors own 86.38% of the company’s stock.

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.