AeroVironment, Inc. (NASDAQ:AVAV) Stock Holdings Lessened by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 600,862 shares of the aerospace company’s stock after selling 11,094 shares during the quarter. Dimensional Fund Advisors LP owned 2.14% of AeroVironment worth $75,734,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Arcadia Investment Management Corp MI raised its stake in AeroVironment by 44.1% during the 4th quarter. Arcadia Investment Management Corp MI now owns 327 shares of the aerospace company’s stock valued at $41,000 after purchasing an additional 100 shares during the period. RiverPark Advisors LLC raised its stake in AeroVironment by 77.2% during the 4th quarter. RiverPark Advisors LLC now owns 388 shares of the aerospace company’s stock valued at $49,000 after purchasing an additional 169 shares during the period. Amalgamated Bank raised its stake in AeroVironment by 1.7% during the 3rd quarter. Amalgamated Bank now owns 11,666 shares of the aerospace company’s stock valued at $1,301,000 after purchasing an additional 190 shares during the period. Bfsg LLC acquired a new stake in AeroVironment during the 4th quarter valued at $25,000. Finally, Daiwa Securities Group Inc. raised its stake in AeroVironment by 1.3% during the 4th quarter. Daiwa Securities Group Inc. now owns 19,001 shares of the aerospace company’s stock valued at $2,395,000 after purchasing an additional 244 shares during the period. 86.38% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other AeroVironment news, SVP Melissa Ann Brown sold 1,000 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $176.77, for a total transaction of $176,770.00. Following the completion of the sale, the senior vice president now directly owns 12,339 shares in the company, valued at $2,181,165.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other AeroVironment news, VP Trace E. Stevenson sold 1,913 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $183.00, for a total transaction of $350,079.00. Following the completion of the sale, the vice president now directly owns 2,570 shares in the company, valued at $470,310. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Melissa Ann Brown sold 1,000 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $176.77, for a total transaction of $176,770.00. Following the sale, the senior vice president now owns 12,339 shares of the company’s stock, valued at $2,181,165.03. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Royal Bank of Canada upped their price target on shares of AeroVironment from $160.00 to $165.00 and gave the stock an “outperform” rating in a research note on Friday, April 5th. William Blair reaffirmed an “outperform” rating on shares of AeroVironment in a research note on Tuesday, March 5th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $161.00 price target on shares of AeroVironment in a research note on Friday, March 8th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, AeroVironment currently has an average rating of “Moderate Buy” and a consensus price target of $140.20.

AeroVironment Trading Up 1.3 %

Shares of NASDAQ:AVAV opened at $199.77 on Friday. The stock has a market capitalization of $5.62 billion, a PE ratio of -46.35 and a beta of 0.44. AeroVironment, Inc. has a 1 year low of $88.24 and a 1 year high of $200.08. The firm has a fifty day moving average price of $163.53 and a 200 day moving average price of $141.49. The company has a current ratio of 4.66, a quick ratio of 3.16 and a debt-to-equity ratio of 0.04.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings data on Monday, March 4th. The aerospace company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.30. The firm had revenue of $186.60 million during the quarter, compared to analysts’ expectations of $170.62 million. AeroVironment had a negative net margin of 15.14% and a positive return on equity of 13.93%. AeroVironment’s revenue for the quarter was up 38.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.33 earnings per share. Analysts expect that AeroVironment, Inc. will post 2.8 EPS for the current fiscal year.

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.