6 days Ago By ABMN Staff
Franklin Resources Inc. grew its position in AeroVironment, Inc. ( NASDAQ:AVAV – Free Report ) by 63.
8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,898 shares of the aerospace company’s stock after acquiring an additional 3,077 shares during the quarter. Franklin Resources Inc.
’s holdings in AeroVironment were worth $1,215,000 as of its most recent SEC filing. Other institutional investors also recently modified their holdings of the company. Modus Advisors LLC bought a new position in AeroVironment in the fourth quarter worth $31,000.
Golden State Wealth Management LLC bought a new position in shares of AeroVironment during the 4th quarter worth about $31,000. Wilmington Savings Fund Society FSB boosted its position in shares of AeroVironment by 1,515.4% during the 4th quarter.
Wilmington Savings Fund Society FSB now owns 210 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 197 shares in the last quarter. Bogart Wealth LLC bought a new stake in AeroVironment in the fourth quarter valued at about $38,000. Finally, Blue Trust Inc.
increased its stake in AeroVironment by 2,950.0% in the fourth quarter. Blue Trust Inc.
now owns 305 shares of the aerospace company’s stock valued at $47,000 after acquiring an additional 295 shares during the period. Institutional investors and hedge funds own 86.38% of the company’s stock.
AeroVironment Trading Down 2.4 % Shares of AVAV opened at $142.80 on Tuesday.
The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.36 and a current ratio of 4.
61. The company has a market cap of $4.03 billion, a price-to-earnings ratio of 82.
07 and a beta of 0.74. The stock has a fifty day moving average price of $139.
40 and a two-hundred day moving average price of $171.13. AeroVironment, Inc.
has a 52-week low of $102.25 and a 52-week high of $236.60.
Wall Street Analyst Weigh In Check Out Our Latest Stock Report on AeroVironment Insider Activity at AeroVironment In other AeroVironment news, CEO Wahid Nawabi sold 29,366 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $128.20, for a total value of $3,764,721.
20. Following the completion of the sale, the chief executive officer now owns 115,174 shares in the company, valued at approximately $14,765,306.80.
This trade represents a 20.32 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink .
1.27% of the stock is currently owned by company insiders. AeroVironment Company Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding AVAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc.
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