<div id="readability-page-1"><p>Fire Capital Management LLC acquired a new position in  AeroVironment, Inc. (NASDAQ:AVAV - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund acquired 1,351 shares of the aerospace company's stock, valued at approximately $385,000.</p><ul><li>The Drone Arms Race: From Battlefield to Balance Sheet</li></ul><p>A number of other large investors also recently bought and sold shares of AVAV. GAMMA Investing LLC raised its stake in  AeroVironment by 49.8% in the first quarter. GAMMA Investing LLC now owns 677 shares of the aerospace company's stock worth $81,000 after buying an additional 225 shares in the last quarter.  Cambridge Investment Research Advisors Inc. raised its stake in  AeroVironment by 5.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,302 shares of the aerospace company's stock worth $751,000 after buying an additional 349 shares in the last quarter.  Sumitomo Mitsui Trust Group Inc. raised its stake in  AeroVironment by 4.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 198,288 shares of the aerospace company's stock worth $23,634,000 after buying an additional 8,330 shares in the last quarter.  Vontobel Holding Ltd. bought a new position in  AeroVironment in the first quarter worth approximately $1,142,000.  Finally, Private Trust Co. NA raised its stake in  AeroVironment by 43.5% in the first quarter. Private Trust Co. NA now owns 1,650 shares of the aerospace company's stock worth $197,000 after buying an additional 500 shares in the last quarter. Institutional investors own  86.38% of the company's stock. </p><div><p><span></span><span>Get <strong>AeroVironment</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><p>AVAV has been the subject of a number of recent research reports. Citigroup  reissued an &#34;outperform&#34; rating on shares of AeroVironment in a research note on Friday, October 3rd. The Goldman Sachs Group upped their price target on AeroVironment from $300.00 to $333.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, October 2nd. Canaccord Genuity Group upped their price target on AeroVironment from $305.00 to $430.00 and gave the stock a &#34;buy&#34; rating in a research report on Tuesday, October 7th. New Street Research  set a $365.00 price target on AeroVironment in a research report on Wednesday, October 1st. Finally, JMP Securities upped their price target on AeroVironment from $325.00 to $400.00 and gave the stock a &#34;market outperform&#34; rating in a research report on Friday, October 3rd. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued  a Buy rating, one  has issued  a Hold rating and one  has assigned  a Sell rating to the company. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $356.07.</p><ul><li>3 of the Most Overbought Stocks in the Market Right Now</li></ul><p><b>Check Out Our Latest Analysis on AVAV</b></p><h2>AeroVironment Stock Performance</h2><p>Shares of AVAV stock opened at $379.93 on Wednesday. The company has a market cap of $18.97 billion, a PE ratio of -593.63, a PEG ratio of 5.36 and a beta of 0.99. The company has a current ratio of 5.96, a quick ratio of 5.12 and a debt-to-equity ratio of 0.16. AeroVironment, Inc. has a 12-month low of $102.25 and a 12-month high of $417.86. The business's fifty day simple moving average is $307.12 and its 200-day simple moving average is $242.25. </p><ul><li>AeroVironment Is a Hot Buy With a Double-Digit Upside</li></ul><p>AeroVironment (NASDAQ:AVAV - Get Free Report) last announced its quarterly earnings data on Monday, August 28th. The aerospace company reported $0.12 earnings per share for the quarter. The firm had revenue of $132.62 million for the quarter. AeroVironment had a negative net margin of 4.14% and a positive return on equity of 4.67%.  Analysts expect that  AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><p>In other news, CFO Kevin Patrick Mcdonnell sold 998 shares of the business's stock in a transaction on Friday, October 10th. The shares were sold at an average price of $399.74, for a total transaction of $398,940.52. Following the sale, the chief financial officer directly owned 19,324 shares of the company's stock, valued at $7,724,575.76. The trade was a 4.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, insider Trace E. Stevenson sold 1,717 shares of the business's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $381.00, for a total transaction of $654,177.00. Following the sale, the insider directly owned 4,907 shares in the company, valued at $1,869,567. This trade represents a 25.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.81% of the stock is owned by insiders. </p><h2>AeroVironment Company Profile</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>Featured Stories</h2><ul><li>Five stocks we like better than AeroVironment</li><li>Quiet Period Expirations Explained</li><li>The Drone Arms Race: From Battlefield to Balance Sheet</li><li>Large Cap Stock Definition and How to Invest</li><li>Why Wall Street Is Backing These 3 Comeback Stocks</li><li>3 Healthcare Dividend Stocks to Buy</li><li>Intel's Breakout Quarter: More Than a Beat, It's a Declaration</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 Moderate 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>Fire Capital Management LLC acquired 1,351 shares of AeroVironment, Inc. (NASDAQ:AVAV) valued at approximately $385,000 in Q2, as per their Form 13F filing. Other investors, including GAMMA Investing LLC and Cambridge Investment Research Advisors, also increased their stakes. Analysts have given AeroVironment a consensus rating of "Moderate Buy" with an average target price of $356.07. The stock opened at $379.93, with a market cap of $18.97 billion. CFO Kevin Mcdonnell sold 998 shares recently, reducing his ownership by 4.91%.</p>

1,351 Shares in AeroVironment, Inc. $AVAV Acquired by Fire Capital Management LLC