Sentiment for Aerovironment Inc (NASDAQ:AVAV)
Aerovironment Inc (NASDAQ:AVAV) institutional sentiment increased to 1.32 in 2015 Q3. Its up 0.22, from 1.1 in 2015Q2. The ratio is more positive, as 58 active investment managers opened new or increased holdings, while 44 decreased and sold stakes in Aerovironment Inc. The active investment managers in our partner’s database reported: 24.25 million shares, up from 14.21 million shares in 2015Q2. Also, the number of active investment managers holding Aerovironment Inc in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 18 Reduced: 26 Increased: 55 New Position: 3.
AeroVironment, Inc. designs, develops, produces, supports and operates a portfolio of services and products for Government agencies, businesses and consumers. The company has a market cap of $612.82 million. The Firm supplies unmanned aircraft systems, tactical missile systems and related services primarily to organizations within the United States Department of Defense . It has 91.2 P/E ratio. The Firm operates through two divisions: Unmanned Aircraft Systems, which focuses primarily on the design, development, production, support and operation of UAS and tactical missile systems that provide situational awareness, multi-band communications, force protection and other mission effects to the activities of the Company’s customers, and Efficient Energy Systems (EES), which focuses primarily on the design, development, production, marketing, support and operation of electric energy systems.
The stock increased 0.31% or $0.08 during the last trading session, hitting $25.73. AeroVironment, Inc. (NASDAQ:AVAV) has declined 1.94% since July 29, 2015 and is downtrending. It has outperformed by 3.52% the S&P500.
According to Zacks Investment Research, “Building on a history of technological innovation, AEROVIRONMENT INC., designs, develops, produces, and supports an advanced portfolio of Unmanned Aircraft Systems and efficient electric energy systems. The company’s small UAS are used extensively by agencies of the U.S. Department of Defense and increasingly by allied military services to provide situational awareness to tactical operating units through real-time, airborne reconnaissance, surveillance, and target acquisition. AV’s PosiCharge fast charge systems eliminate battery changing for electric industrial vehicles in factories, airports, and distribution centers.”
Hcsf Management Llc holds 10.8% of its portfolio in AeroVironment, Inc. for 510,000 shares. Black Creek Investment Management Inc. owns 834,182 shares or 2.2% of their US portfolio. Moreover, Awm Investment Company Inc. has 1.82% invested in the company for 467,909 shares. The New York-based American Capital Management Inc has invested 1.4% in the stock. Sophrosyne Capital Llc, a New York-based fund reported 6,000 shares.#img1#
Since April 8, 2015, the stock had 0 buys, and 3 insider sales for $51,665 net activity. Nawabi Wahid sold 558 shares worth $11,830. Scott Douglas E sold 1,663 shares worth $35,256. Cline Cathleen S sold 216 shares worth $4,579. Minson Roy E. sold 838 shares worth $22,458.
Ratings analysis reveals 33% of AeroVironment’s analysts are positive. Out of 6 Wall Street analysts rating AeroVironment, 3 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $24 while the high is $36. The stock’s average target of $31.33 is 10.10% above today’s ($25.73) share price. AVAV was included in 7 notes of analysts from August 21, 2015. Piper Jaffray maintained the shares of AeroVironment in a note on December 9 with “Overweight” rating. Canaccord Genuity maintained AeroVironment’s stock on September 2 with “Hold” rating.
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