Clare Market Investments LLC Invests $1.26 Million in AeroVironment, Inc. $AVAV

Clare Market Investments LLC bought a new position in shares of AeroVironment, Inc. (NASDAQ:AVAV) during the first quarter, HoldingsChannel reports. The institutional investor bought 6,908 shares of the aerospace company’s stock, valued at approximately $1,265,000.

Other institutional investors have also modified their holdings of the company. Swedbank AB boosted its stake in shares of AeroVironment by 4.6% during the 1st quarter. Swedbank AB now owns 273,349 shares of the aerospace company’s stock valued at $50,037,000 after buying an additional 12,135 shares during the last quarter. Canvas Wealth Advisors LLC raised its holdings in shares of AeroVironment by 74.7% during the first quarter. Canvas Wealth Advisors LLC now owns 9,083 shares of the aerospace company’s stock worth $1,663,000 after purchasing an additional 3,884 shares during the period. Whittier Trust Co. of Nevada Inc. bought a new position in shares of AeroVironment in the 1st quarter worth about $28,000. Berger Financial Group Inc lifted its position in shares of AeroVironment by 62.1% in the 1st quarter. Berger Financial Group Inc now owns 1,349 shares of the aerospace company’s stock worth $247,000 after buying an additional 517 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its stake in AeroVironment by 18.8% during the first quarter. Stephens Investment Management Group LLC now owns 490,426 shares of the aerospace company’s stock worth $89,772,000 after acquiring an additional 77,619 shares during the period. Institutional investors and hedge funds own 86.38% of the company’s stock.

Insider Buying and Selling

In other AeroVironment news, Director Stephen F. Page sold 250 shares of AeroVironment stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $174.41, for a total transaction of $43,602.50. Following the transaction, the director owned 49,001 shares of the company’s stock, valued at $8,546,264.41. The trade was a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 750 shares of company stock worth $133,502. Company insiders own 0.81% of the company’s stock.

Trending Headlines about AeroVironment

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: AeroVironment won major new defense business, including a three-year, $500 million IDIQ contract for the JIATF-401 Domestic Shield Program and an $80.5 million Titan MS award, which supports the company’s long-term revenue outlook. Article: AV Awarded $500 million IDIQ for Support of JIATF-401 Domestic Shield Program
• Positive Sentiment: Recent earnings were strong, with fiscal Q4 revenue of $641.6 million and adjusted EPS of $1.84, reinforcing the company’s operational momentum. Article: AeroVironment Posted Solid Earnings and the Stock Reacted Sharply Higher. If You Can Tolerate Risk, Buy Here.
• Neutral Sentiment: Wall Street commentary remains constructive overall, with several buy/overweight ratings and a median price target around $229, suggesting analysts still see upside despite the recent volatility. Article: AeroVironment Slides as Investors Weigh Recent Rally Against Softer FY2027 Profit Outlook
• Negative Sentiment: Investor sentiment is being hurt by the securities class action and related investigations, which allege AeroVironment misled investors about the SCAR program and helped trigger a sharp share-price drop. Article: AVAV Investment Deadline: AeroVironment Securities Fraud Class Action Focuses on SCAR Contract Cancellation
• Negative Sentiment: The stock also faces near-term caution after a strong rally, with traders questioning FY2027 profit guidance, integration risk from the BlueHalo deal, and prior accounting-restatement concerns. Article: AeroVironment Slides as Investors Weigh Recent Rally Against Softer FY2027 Profit Outlook

AeroVironment Trading Down 2.4%

Shares of AVAV opened at $172.60 on Tuesday. The business’s 50-day moving average price is $174.35 and its 200 day moving average price is $223.03. The company has a current ratio of 4.30, a quick ratio of 3.59 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $8.74 billion, a P/E ratio of -47.09, a P/E/G ratio of 2.86 and a beta of 1.39. AeroVironment, Inc. has a 1-year low of $135.20 and a 1-year high of $417.86.

AeroVironment (NASDAQ:AVAV) last announced its earnings results on Monday, June 29th. The aerospace company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.47 by $0.37. AeroVironment had a negative net margin of 9.00% and a positive return on equity of 3.71%. The company had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $555.97 million. During the same period last year, the company posted $1.61 earnings per share. The business’s revenue for the quarter was up 133.3% on a year-over-year basis. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Analysts expect that AeroVironment, Inc. will post 3.43 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on AVAV. BTIG Research reaffirmed a “buy” rating and set a $205.00 target price on shares of AeroVironment in a report on Tuesday, June 30th. Wedbush assumed coverage on shares of AeroVironment in a research report on Tuesday, June 30th. They issued an “outperform” rating and a $250.00 target price for the company. Citizens Jmp reaffirmed a “market outperform” rating and set a $350.00 target price on shares of AeroVironment in a research note on Tuesday, June 30th. UBS Group decreased their price target on AeroVironment from $172.00 to $166.00 and set a “neutral” rating for the company in a research note on Tuesday, June 30th. Finally, Canaccord Genuity Group reduced their price target on shares of AeroVironment from $300.00 to $280.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $277.37.

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.