Radnor Capital Management LLC Sells 1,477 Shares of AeroVironment, Inc. (NASDAQ:AVAV)

Radnor Capital Management LLC lessened its stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 20.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,855 shares of the aerospace company’s stock after selling 1,477 shares during the quarter. Radnor Capital Management LLC’s holdings in AeroVironment were worth $897,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of AVAV. Vanguard Group Inc. increased its holdings in shares of AeroVironment by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 2,915,436 shares of the aerospace company’s stock worth $367,462,000 after buying an additional 54,482 shares in the last quarter. FMR LLC raised its position in AeroVironment by 0.6% in the 3rd quarter. FMR LLC now owns 492,766 shares of the aerospace company’s stock valued at $54,958,000 after purchasing an additional 3,122 shares during the last quarter. Congress Asset Management Co. MA boosted its stake in AeroVironment by 8.8% in the first quarter. Congress Asset Management Co. MA now owns 350,733 shares of the aerospace company’s stock worth $53,760,000 after purchasing an additional 28,288 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of AeroVironment by 1.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 288,155 shares of the aerospace company’s stock worth $36,319,000 after purchasing an additional 4,728 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of AeroVironment by 3.2% in the third quarter. Northern Trust Corp now owns 280,165 shares of the aerospace company’s stock valued at $31,247,000 after buying an additional 8,666 shares in the last quarter. Institutional investors and hedge funds own 86.38% of the company’s stock.

Analyst Ratings Changes

AVAV has been the topic of a number of research analyst reports. Robert W. Baird reissued a “neutral” rating and set a $161.00 price objective on shares of AeroVironment in a report on Friday, March 8th. Royal Bank of Canada raised their price target on shares of AeroVironment from $160.00 to $165.00 and gave the company an “outperform” rating in a report on Friday, April 5th. Finally, William Blair reaffirmed an “outperform” rating on shares of AeroVironment in a report on Tuesday, March 5th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $146.50.

AeroVironment Stock Down 0.2 %

AVAV opened at $189.02 on Monday. The firm has a 50 day simple moving average of $186.49 and a 200 day simple moving average of $152.37. AeroVironment, Inc. has a fifty-two week low of $89.14 and a fifty-two week high of $224.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.66 and a quick ratio of 3.16.

AeroVironment 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.