AeroVironmentAVAV
Market Cap: $5.06B
About: AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide eyes in the sky without needing an actual person, or driver in the sky.
Employees: 1,428
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
82% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 44
35% more call options, than puts
Call options by funds: $166M | Put options by funds: $122M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
22% more capital invested
Capital invested by funds: $3.72B [Q1] → $4.56B (+$835M) [Q2]
10% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 120
10% more funds holding
Funds holding: 363 [Q1] → 399 (+36) [Q2]
2.27% more ownership
Funds ownership: 86.69% [Q1] → 88.97% (+2.27%) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
RBC Capital Ken Herbert 81% 1-year accuracy 50 / 62 met price target | 20%upside $215 | Outperform Maintained | 5 Sept 2024 |
Alembic Global Peter Skibitski 60% 1-year accuracy 3 / 5 met price target | 20%upside $216 | Overweight Upgraded | 28 Aug 2024 |
Baird Peter Arment 76% 1-year accuracy 16 / 21 met price target | 23%upside $220 | Outperform Upgraded | 28 Aug 2024 |
BTIG Andre Madrid 62% 1-year accuracy 8 / 13 met price target | 37%upside $245 | Buy Maintained | 1 Jul 2024 |
RBC Capital Ken Herbert 81% 1-year accuracy 50 / 62 met price target | 11%upside $200 | Outperform Reiterated | 28 Jun 2024 |
Financial journalist opinion
Based on 17 articles about AVAV published over the past 30 days