Key insights
- AeroVironment director Stephen F. Page sold $40,577 worth of shares. The sale occurred as AVAV trades near its 52-week low, down 44% in six months. Despite the insider selling, analysts maintain a bullish outlook. Recent positive news includes a $43 million government contract and successful FAA testing of its laser system. RBC Capital reiterated its Outperform rating. The insider selling near 52 week lows outweighs the positive news.
Stephen F. Page, a director at AeroVironment Inc. (NASDAQ:AVAV), sold 250 shares of the company’s common stock on May 15, 2026. The transaction totaled $40,577, with shares sold at a price of $162.31 each. The sale comes as AVAV shares trade near their 52-week low of $156, down 44% over the past six months to a current price of $161.37.
The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by the Stephen F. Page Living Trust on September 30, 2025. Following this transaction, Mr. Page indirectly holds 49,251 shares through the Stephen F. Page Living Trust, for which he serves as trustee. Mr. Page disclaims beneficial ownership of any securities in which he does not have a pecuniary interest. Additionally, Mr. Page directly holds 1,705 shares of AeroVironment common stock.Analysts maintain a bullish outlook with price targets ranging from $235 to $450. InvestingPro offers 14 additional exclusive tips for AVAV, including insights on profitability expectations and valuation metrics.
In other recent news, AeroVironment Inc. secured a significant three-year contract valued at $43 million from the Department of War Test Resource Management Center. This contract involves integrating AeroVironment’s PANTHER phased array antenna system on DoW SkyRange platforms to enhance weapons testing capabilities. Additionally, AeroVironment’s laser system passed a Federal Aviation Administration airspace safety test, showcasing its LOCUST high-energy laser system’s automated safety features and precision protocols. In a separate development, RBC Capital reiterated its Outperform rating on AeroVironment, maintaining a price target of $250.00, following discussions with the company’s management about its focus on unmanned aircraft systems. Furthermore, Ukraine and the United States are nearing an agreement to test Ukrainian drones in the U.S., a move that could influence future American military requirements. These developments highlight AeroVironment’s active role in advancing defense technologies and maintaining strong relationships with defense stakeholders.
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