Magnus Financial Group LLC Invests $475,000 in AeroVironment, Inc. $AVAV

Magnus Financial Group LLC acquired a new stake in AeroVironment, Inc. (NASDAQ:AVAV) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,667 shares of the aerospace company’s stock, valued at approximately $475,000.

A number of other hedge funds have also made changes to their positions in AVAV. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of AeroVironment by 21.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 237 shares of the aerospace company’s stock worth $68,000 after buying an additional 42 shares in the last quarter. Portside Wealth Group LLC raised its position in AeroVironment by 4.3% during the first quarter. Portside Wealth Group LLC now owns 1,741 shares of the aerospace company’s stock worth $208,000 after acquiring an additional 71 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in shares of AeroVironment by 5.5% in the fourth quarter. Mackenzie Financial Corp now owns 1,601 shares of the aerospace company’s stock valued at $246,000 after purchasing an additional 83 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in shares of AeroVironment by 2.7% in the first quarter. Kestra Private Wealth Services LLC now owns 3,199 shares of the aerospace company’s stock valued at $381,000 after purchasing an additional 83 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of AeroVironment by 9.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,374 shares of the aerospace company’s stock worth $167,000 after purchasing an additional 119 shares in the last quarter. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Insider Buying and Selling at AeroVironment

In related news, CEO Wahid Nawabi sold 17,300 shares of the firm’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $263.05, for a total value of $4,550,765.00. Following the sale, the chief executive officer directly owned 122,233 shares of the company’s stock, valued at approximately $32,153,390.65. This trade represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.81% of the stock is currently owned by insiders.

AeroVironment Price Performance

AVAV stock opened at $301.79 on Friday. The stock has a market capitalization of $15.07 billion, a price-to-earnings ratio of -471.54, a price-to-earnings-growth ratio of 5.11 and a beta of 1.02. The stock’s fifty day simple moving average is $256.73 and its 200-day simple moving average is $201.75. AeroVironment, Inc. has a 52-week low of $102.25 and a 52-week high of $307.11. The company has a quick ratio of 5.12, a current ratio of 5.96 and a debt-to-equity ratio of 0.16.

AeroVironment (NASDAQ:AVAV) last released its earnings results on Tuesday, September 9th. The aerospace company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). AeroVironment had a positive return on equity of 4.67% and a negative net margin of 4.14%.The business had revenue of $454.68 million for the quarter, compared to analysts’ expectations of $446.16 million. During the same quarter last year, the company posted $0.89 earnings per share. The business’s quarterly revenue was up 140.0% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.600-3.70 EPS. Equities research analysts expect that AeroVironment, Inc. will post 3.38 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on AVAV shares. Jefferies Financial Group lifted their price objective on AeroVironment from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, July 2nd. Stifel Nicolaus began coverage on AeroVironment in a report on Tuesday, June 24th. They issued a “buy” rating and a $240.00 price target for the company. Citigroup started coverage on AeroVironment in a research report on Monday, August 4th. They issued an “outperform” rating on the stock. Bank of America initiated coverage on AeroVironment in a research report on Thursday, September 18th. They set a “buy” rating and a $300.00 price objective for the company. Finally, Robert W. Baird boosted their target price on shares of AeroVironment from $210.00 to $267.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $295.23.

AeroVironment Profile

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.