Northwestern Mutual Investment Management Company LLC Buys New Shares in AeroVironment, Inc. $AVAV

Northwestern Mutual Investment Management Company LLC purchased a new position in AeroVironment, Inc. (NASDAQ:AVAV) during the 3rd quarter, Holdings Channel reports. The firm purchased 7,092 shares of the aerospace company’s stock, valued at approximately $2,233,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. N.E.W. Advisory Services LLC raised its position in shares of AeroVironment by 60.0% during the third quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock valued at $25,000 after buying an additional 30 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in 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 acquiring an additional 40 shares during the period. AlphaQuest LLC acquired a new position in AeroVironment in the 3rd quarter valued at approximately $25,000. Vermillion Wealth Management Inc. bought a new stake in shares of AeroVironment in the 3rd quarter worth approximately $31,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in shares of AeroVironment during the 3rd quarter worth approximately $31,000. Institutional investors own 86.38% of the company’s stock.

Insider Buying and Selling

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 879 shares of AeroVironment stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $267.60, for a total value of $235,220.40. Following the completion of the transaction, the chief financial officer owned 16,422 shares in the company, valued at approximately $4,394,527.20. The trade was a 5.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Brian Charles Shackley sold 200 shares of the business’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $250.92, for a total value of $50,184.00. Following the completion of the transaction, the chief accounting officer directly owned 5,994 shares in the company, valued at approximately $1,504,014.48. This represents a 3.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,589 shares of company stock worth $1,157,685 in the last three months. Insiders own 0.81% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on AVAV shares. Needham & Company LLC restated a “buy” rating and issued a $450.00 target price on shares of AeroVironment in a research note on Friday, January 30th. Cantor Fitzgerald lowered their price target on shares of AeroVironment from $335.00 to $315.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Weiss Ratings downgraded shares of AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 9th. Royal Bank Of Canada reiterated an “outperform” rating on shares of AeroVironment in a research report on Tuesday, January 20th. Finally, The Goldman Sachs Group lowered their target price on shares of AeroVironment from $486.00 to $429.00 and set a “buy” rating on the stock in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $378.06.

AeroVironment Stock Up 3.7%

AVAV opened at $243.87 on Tuesday. The firm has a market cap of $12.18 billion, a price-to-earnings ratio of -195.10, a PEG ratio of 3.61 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.29 and a current ratio of 5.08. The firm’s 50-day simple moving average is $284.20 and its 200-day simple moving average is $293.78. AeroVironment, Inc. has a twelve month low of $102.25 and a twelve month high of $417.86.

AeroVironment (NASDAQ:AVAV) last released its quarterly earnings results on Tuesday, December 9th. The aerospace company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). The firm had revenue of $472.51 million during the quarter, compared to analyst estimates of $466.16 million. AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. AeroVironment’s quarterly revenue was up 150.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.47 earnings per share. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Equities research analysts anticipate that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

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.