AeroVironment (AVAV)

Company Profile

AeroVironmentprovides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Celebrating 50 years of innovation, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers.

Company profile

Ticker

AVAV

Exchange

NASDAQ

Website

www.avinc.com

CEO

Wahid Nawabi

Incorporated

Delaware

Location

Virginia

Fiscal year end

Apr 30

Sector

Manufacturing > Small Arms Ammunition Manufacturing

Industry (SIC)

Aircraft

Boeing • Joby Aviation • Lilium • Vertical Aerospace • AgEagle Aerial Systems • Archer Aviation • Bantec • Eve Holding • PONO Capital • UAS Drone ...

SEC CIK

0001368622

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Arcturus UAV, Inc. • Telerob Gesellschaft für Fernhantierungstechnik mbH • Telerob USA, Inc. ...

IRS number

952705790

AVAV stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$102.50

Low target

$100.00

High target

$105.00

Latest filings (excl ownership)

View all

6 Dec 22

AeroVironment Announces Fiscal 2023 Second Quarter Results

6 Dec 22

8-K

Entry into a Material Definitive Agreement

9 Nov 22

8-K

AeroVironment, Inc. to Present at Investor and Analyst Event

5 Oct 22

8-K

Submission of Matters to a Vote of Security Holders

29 Sep 22

S-3ASR

Automatic shelf registration

7 Sep 22

AeroVironment Announces Fiscal 2023 First Quarter Results

7 Sep 22

DEFA14A

Additional proxy soliciting materials

6 Sep 22

DEF 14A

Definitive proxy

8 Aug 22

Transcripts

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AVAV

Earnings call transcript

2023 Q2

7 Dec 22

AVAV

Earnings call transcript

2023 Q1

7 Sep 22

AVAV

Earnings call transcript

2022 Q4

29 Jun 22

AVAV

Earnings call transcript

2022 Q3

4 Mar 22

AVAV

Earnings call transcript

2022 Q2

8 Dec 21

AVAV

Earnings call transcript

2022 Q1

9 Sep 21

AVAV

Earnings call transcript

2021 Q4

30 Jun 21

AVAV

Earnings call transcript

2021 Q3

10 Mar 21

AVAV

Earnings call transcript

2021 Q2

8 Dec 20

AVAV

Earnings call transcript

2021 Q1

9 Sep 20

Latest ownership filings

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Charles Thomas Burbage

19 Sep 22

Brian Charles Shackley

13 Sep 22

4/A

Kevin Patrick McDonnell

Financial summary

Financial statements Chart AVAV financial data

Quarter (USD)	Oct 22	Jul 22	Apr 22	Jan 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Apr 22	Apr 21	Apr 20	Apr 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	101.42 mm	101.42 mm	101.42 mm	101.42 mm	101.42 mm	101.42 mm
Cash burn (monthly)	(no burn)	431.33 k	5.27 mm	1.85 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	1.36 mm	16.61 mm	5.83 mm	n/a	n/a
Cash remaining	n/a	100.06 mm	84.80 mm	95.58 mm	n/a	n/a
Runway (months of cash)	n/a	232.0	16.1	51.6	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

AVAV institutional ownership history Ownership history

87.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	266	235	+13.2%
Opened positions	43	32	+34.4%
Closed positions	12	25	-52.0%
Increased positions	95	74	+28.4%
Reduced positions	73	72	+1.4%

13F shares	Current	Prev Q	Change
Total value	1.83 bn	1.90 bn	-3.6%
Total shares	21.95 mm	22.97 mm	-4.4%
Total puts	202.60 k	380.10 k	-46.7%
Total calls	288.00 k	275.65 k	+4.5%
Total put/call ratio	0.7	1.4	-49.0%

Largest owners	Shares	Value	Change
BLK Blackrock	4.18 mm	$348.47 mm	+5.6%
Vanguard	2.58 mm	$215.33 mm	+3.2%
American Capital Management	1.46 mm	$121.38 mm	-3.6%
Conver Timothy E	1.04 mm	$90.57 mm	0.0%
CMTDF Sumitomo Mitsui Trust	842.79 k	$70.26 mm	-16.0%
Nikko Asset Management Americas	841.89 k	$66.72 mm	-16.1%
ARK Investment Management	750.19 k	$62.54 mm	-25.3%
Baillie Gifford & Co	724.84 k	$60.42 mm	-5.5%
Dimensional Fund Advisors	670.40 k	$55.88 mm	-0.1%
Stephens Investment Management	576.59 k	$48.07 mm	+13.0%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-1.41 mm	EXIT
ARK Investment Management	750.19 k	-253.69 k	-25.3%
BLK Blackrock	4.18 mm	+221.65 k	+5.6%
Massachusetts Financial Services	208.11 k	+208.11 k	NEW
Millennium Management	8.21 k	-182.06 k	-95.7%
Congress Asset Management	171.15 k	+171.15 k	NEW
Nikko Asset Management Americas	841.89 k	-161.23 k	-16.1%
CMTDF Sumitomo Mitsui Trust	842.79 k	-160.69 k	-16.0%
Mirae Asset Global Investments	184.71 k	-124.31 k	-40.2%
Citadel Advisors	100.38 k	+100.38 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AVAV insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Jan 23	Page Stephen F	Common Stock	Sell	Dispose S	No	No	88.47	5,089	450.22 k	34,837
12 Jan 23	Page Stephen F	Common Stock	Option exercise	Acquire M	No	No	18.57	10,000	185.70 k	39,926
12 Jan 23	Page Stephen F	Option to Purchase Common Stock Common Stock	Option exercise	Dispose M	No	No	18.57	10,000	185.70 k	10,000
12 Jan 23	Page Stephen F	Common Stock	Sell	Dispose S	No	No	88.47	2,100	185.79 k	37,826
15 Sep 22	Burbage Charles Thomas	Common Stock	Sell	Dispose S	No	No	94.68	7,324	693.44 k	47,602
15 Sep 22	Burbage Charles Thomas	Common Stock	Option exercise	Acquire M	No	No	27.27	25,000	681.75 k	54,926
15 Sep 22	Burbage Charles Thomas	Option to Purchase Common Stock Common Stock	Option exercise	Dispose M	No	No	27.27	25,000	681.75 k	0
12 Sep 22	Brian Charles Shackley	Common Stock	Sell	Dispose S	No	No	100.39	500	50.20 k	3,382
14 Jul 22	Edward R Muller	Common Stock	Other	Acquire J	Yes	No	0	1,667	0.00	27,007
14 Jul 22	Edward R Muller	Common Stock	Other	Dispose J	No	No	0	1,667	0.00	2,919