AeroVironment, Inc. $AVAV Position Increased by GAMMA Investing LLC

GAMMA Investing LLC raised its holdings in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 27.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 863 shares of the aerospace company’s stock after purchasing an additional 186 shares during the period. GAMMA Investing LLC’s holdings in AeroVironment were worth $246,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in AeroVironment by 21.5% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 237 shares of the aerospace company’s stock valued at $68,000 after purchasing an additional 42 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of AeroVironment by 171.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 244 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 154 shares during the last quarter. Spirit of America Management Corp NY bought a new position in shares of AeroVironment during the first quarter worth about $36,000. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of AeroVironment during the first quarter worth about $40,000. Finally, Signaturefd LLC grew its position in shares of AeroVironment by 56.1% during the first quarter. Signaturefd LLC now owns 398 shares of the aerospace company’s stock worth $47,000 after acquiring an additional 143 shares during the last quarter. Institutional investors own 86.38% of the company’s stock.

Insiders Place Their Bets

In other AeroVironment news, CEO Wahid Nawabi sold 17,300 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 122,233 shares of the company’s stock, valued at approximately $32,153,390.65. This represents a 12.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.81% of the company’s stock.

AeroVironment Stock Performance

Shares of AVAV opened at $301.20 on Friday. The firm has a 50-day moving average price of $257.27 and a 200 day moving average price of $203.53. The firm has a market capitalization of $15.04 billion, a PE ratio of -470.62, a P/E/G ratio of 5.11 and a beta of 1.02. 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, Inc. has a 52-week low of $102.25 and a 52-week high of $307.11.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings results on Tuesday, September 9th. The aerospace company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). AeroVironment had a negative net margin of 4.14% and a positive return on equity of 4.67%. The business had revenue of $454.68 million during the quarter, compared to analyst estimates of $446.16 million. During the same period in the previous year, the company posted $0.89 earnings per share. AeroVironment’s 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. On average, sell-side analysts anticipate that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AVAV. JMP Securities restated a “market outperform” rating and set a $325.00 price target on shares of AeroVironment in a research report on Monday, August 18th. Citizens Jmp began coverage on shares of AeroVironment in a research report on Monday, August 4th. They set a “strong-buy” rating and a $325.00 price target for the company. Raymond James Financial set a $225.00 price target on shares of AeroVironment and gave the stock a “strong-buy” rating in a research report on Wednesday, June 25th. Cantor Fitzgerald initiated coverage on shares of AeroVironment in a research report on Tuesday, July 8th. They set an “overweight” rating and a $335.00 price target for the company. Finally, Robert W. Baird increased their target price on shares of AeroVironment from $210.00 to $267.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $295.23.

AeroVironment Company 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.