<div id="readability-page-1"><p>Envestnet Asset Management Inc. lifted its holdings in  AeroVironment, Inc. (NASDAQ:AVAV - Free Report) by 121.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,846 shares of the aerospace company's stock after acquiring an additional 22,393 shares during the quarter. Envestnet Asset Management Inc. owned 0.14% of AeroVironment worth $6,286,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>AeroVironment</strong> alerts:</span></p></div><ul><li>Amprius Market Gets Amped Up on Growth Outlook</li></ul><p>Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in  AeroVironment by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 3,098,822 shares of the aerospace company's stock worth $476,878,000 after purchasing an additional 35,543 shares during the period.  Baillie Gifford &amp; Co. grew its holdings in  AeroVironment by 9.4% during the fourth quarter. Baillie Gifford &amp; Co. now owns 2,135,280 shares of the aerospace company's stock worth $328,598,000 after acquiring an additional 183,887 shares during the period.  Geode Capital Management LLC grew its holdings in  AeroVironment by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 654,024 shares of the aerospace company's stock worth $100,670,000 after acquiring an additional 19,835 shares during the period.  Stephens Investment Management Group LLC raised its position in  AeroVironment by 40.0% during the fourth quarter. Stephens Investment Management Group LLC now owns 541,541 shares of the aerospace company's stock valued at $83,338,000 after acquiring an additional 154,703 shares in the last quarter.  Finally, Congress Asset Management Co. lifted its holdings in  AeroVironment by 10.9% in the fourth quarter. Congress Asset Management Co. now owns 333,193 shares of the aerospace company's stock valued at $51,275,000 after acquiring an additional 32,663 shares during the period. Hedge funds and other institutional investors own  86.38% of the company's stock. </p><h2>AeroVironment Stock Down 2.3 %</h2><p>AVAV stock opened at $144.20 on Tuesday. AeroVironment, Inc. has a 52 week low of $102.25 and a 52 week high of $236.60. The company has a quick ratio of 3.36, a current ratio of 4.61 and a debt-to-equity ratio of 0.02. The firm has a 50-day simple moving average of $136.16 and a 200-day simple moving average of $169.03. The stock has a market capitalization of $4.07 billion, a P/E ratio of 82.87 and a beta of 0.74. </p><h2>Insider Buying and Selling</h2><ul><li>Top 3 High-Momentum Companies Analysts Are Still Bullish On</li></ul><p>In other AeroVironment news, CEO Wahid Nawabi sold 29,366 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $128.20, for a total transaction of $3,764,721.20. Following the completion of the transaction, the chief executive officer now owns 115,174 shares of the company's stock, valued at $14,765,306.80. This represents a 20.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. 1.27% of the stock is currently owned by insiders. </p><h2>Analyst Ratings Changes</h2><p>AVAV has been the subject of several recent research reports. Raymond James raised shares of AeroVironment from a &#34;market perform&#34; rating to a &#34;strong-buy&#34; rating and set a $200.00 target price for the company in a report on Tuesday, April 8th. Jefferies Financial Group cut their price objective on shares of AeroVironment from $230.00 to $190.00 and set a &#34;buy&#34; rating for the company in a report on Wednesday, March 5th. William Blair  reissued an &#34;outperform&#34; rating on shares of AeroVironment in a research note on Wednesday, March 5th. Finally, Robert W. Baird cut their price target on AeroVironment from $220.00 to $146.00 and set an &#34;outperform&#34; rating for the company in a research note on Wednesday, March 5th. Six research analysts have rated the stock with a buy rating and two have issued  a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of &#34;Buy&#34; and an average target price of $202.00.</p><ul><li>3 Underrated Robotics Stocks Poised for Major Growth</li></ul><p><b>Read Our Latest Report on AVAV</b></p><h2>About AeroVironment</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than AeroVironment</li><li>The Risks of Owning Bonds</li><li>AST SpaceMobile: 5 Reasons to Buy This Tiny Trailblazer Stock</li><li>Most Volatile Stocks, What Investors Need to Know</li><li>Why Call Option Traders Are Targeting This Dividend ETF Now</li><li>Dividend Screener: How to Evaluate Dividend Stocks Before Buying</li><li>Is Alphabet Misunderstood? Here’s Why the Bulls Are Buying</li></ul><p><strong>Want to see what other hedge funds are holding AVAV?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc. (NASDAQ:AVAV - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVZBVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVZBVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AeroVironment Right Now?</h2><p>Before you consider AeroVironment, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AeroVironment wasn't on the list.</p><p>While AeroVironment currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AVAV

<p>Envestnet Asset Management Inc. increased its stake in AeroVironment, Inc. (NASDAQ:AVAV) by 121.4% in Q4, owning 40,846 shares valued at $6.29 million. Other institutional investors also raised their positions. AeroVironment's stock is down 2.3%, trading at $144.20, with a market cap of $4.07 billion. CEO Wahid Nawabi sold 29,366 shares, reducing his ownership by 20.32%. Analysts have mixed ratings, with a consensus "Buy" and an average target price of $202.00.</p>

AeroVironment, Inc. (NASDAQ:AVAV) Shares Acquired by Envestnet Asset Management Inc.