Leonteq Securities AG Acquires 3,303 Shares of AeroVironment, Inc. $AVAV

Leonteq Securities AG lifted its holdings in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 84.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 7,201 shares of the aerospace company’s stock after buying an additional 3,303 shares during the period. Leonteq Securities AG’s holdings in AeroVironment were worth $1,318,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AVAV. United Services Automobile Association acquired a new position in AeroVironment during the first quarter valued at approximately $225,000. Schnieders Capital Management LLC. acquired a new position in shares of AeroVironment during the 2nd quarter worth approximately $285,000. American Century Companies Inc. acquired a new position in shares of AeroVironment during the 2nd quarter worth approximately $633,000. EverSource Wealth Advisors LLC raised its stake in shares of AeroVironment by 5,200.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 159 shares of the aerospace company’s stock worth $45,000 after purchasing an additional 156 shares in the last quarter. Finally, Marshall Wace LLP raised its stake in shares of AeroVironment by 0.4% during the 2nd quarter. Marshall Wace LLP now owns 24,188 shares of the aerospace company’s stock worth $6,892,000 after purchasing an additional 108 shares in the last quarter. Institutional investors own 86.38% of the company’s stock.

AeroVironment Price Performance

Shares of AVAV opened at $190.89 on Friday. The firm has a market capitalization of $9.66 billion, a PE ratio of -51.87, a PEG ratio of 2.86 and a beta of 1.39. The company’s 50-day moving average is $174.86 and its 200-day moving average is $223.52. AeroVironment, Inc. has a fifty-two week low of $135.20 and a fifty-two week high of $417.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.30 and a quick ratio of 4.54.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings data on Monday, June 29th. The aerospace company reported $1.84 earnings per share (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 firm had revenue of $641.62 million during the quarter, compared to the consensus estimate of $555.97 million. During the same period last year, the business posted $1.61 earnings per share. The business’s revenue for the quarter was up 133.3% compared to the same quarter last year. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Equities analysts forecast that AeroVironment, Inc. will post 3.43 EPS for the current year.

Analyst Upgrades and Downgrades

AVAV has been the subject of several analyst reports. Wedbush assumed coverage on shares of AeroVironment in a research note on Tuesday. They issued an “outperform” rating and a $250.00 target price for the company. Clear Str raised shares of AeroVironment to a “strong-buy” rating in a research report on Wednesday, April 29th. KeyCorp cut their price target on shares of AeroVironment from $295.00 to $220.00 and set an “overweight” rating for the company in a research note on Friday, June 26th. Wolfe Research downgraded shares of AeroVironment to a “buy” rating in a research report on Tuesday. Finally, UBS Group lowered their price objective on shares of AeroVironment from $172.00 to $166.00 and set a “neutral” rating on the stock in a research note on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $277.37.

More AeroVironment News

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: AeroVironment won a $500 million U.S. Army / Department of Defense contract for counter-drone systems, which traders see as a major validation of its anti-drone technology and a meaningful revenue opportunity. Why Is AeroVironment (AVAV) Stock Rocketing Higher Today
• Positive Sentiment: The company also recently posted blockbuster fiscal Q4 results, which reinforced the bullish view that demand for its drones and counter-drone systems is accelerating. AVAV Stock Skyrockets as AeroVironment Reports Blockbuster Q4 Earnings Results
• Positive Sentiment: Analysts and market commentators are highlighting the company’s geopolitical tailwind from the ongoing Russia-Ukraine war and rising military demand for anti-drone tools, which supports the stock’s longer-term growth story. A Longlasting Russia-Ukraine War Creates a Catalyst to Buy AeroVironment Stock Now
• Positive Sentiment: Brokerage sentiment has also improved, with Wedbush upgrading AVAV and Piper Sandler reiterating an overweight rating with a higher target, suggesting Wall Street sees more upside after the contract win. Wedbush upgrade news
• Neutral Sentiment: There was also unusual call-option buying in AVAV, which signals heightened trader interest but does not by itself change fundamentals. Traders Purchase Large Volume of AeroVironment Call Options (NASDAQ:AVAV)
• Negative Sentiment: Multiple law firms announced securities-fraud class action deadlines tied to prior disclosures, adding legal noise and a potential liability overhang for investors. AVAV FINAL DEADLINE: ROSEN… Securities Class Action

Insiders Place Their Bets

In related news, Director Stephen F. Page sold 250 shares of AeroVironment stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $174.41, for a total transaction of $43,602.50. Following the completion of the sale, the director directly owned 49,001 shares of the company’s stock, valued at approximately $8,546,264.41. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 750 shares of company stock worth $133,502. Company insiders own 0.81% 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.