Walleye Capital 13F: Adds $2M to AeroVironment (AVAV) Stake

Walleye Capital has significantly increased its investment in AeroVironment, Inc. (NasdaqGS: AVAV), according to its latest 13F filing with the SEC. The fund added 11,859 shares, boosting its position by 66.9% to a total of 29,592 shares, valued at approximately $4.88 million as of the reporting period.

What Changed in Walleye Capital's AeroVironment Position

Walleye Capital grew its stake in AeroVironment from 17,733 shares to 29,592 shares, adding 11,859 shares during the period. This marks a 66.9% increase in its holdings, valued at about $4.88 million.

Other Institutional Activity in AeroVironment

Several other institutional investors also made notable moves in AeroVironment. BlackRock, Inc. reduced its holdings by 708,485 shares, ending with 4,959,699 shares valued at $907.87 million, marking a 12.5% decrease. State Street Corp increased its position by 307,712 shares, reaching a total of 2,289,357 shares worth around $419.07 million, a 15.5% increase. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, acquiring 1,693,775 and 1,616,315 shares respectively, with values of $310.05 million and $295.87 million. Mirae Asset Global ETFs Holdings Ltd. increased its stake by 217,652 shares, a 30.2% increase, finishing with 937,460 shares valued at $171.52 million.

AeroVironment, Inc. Stock Up 36.9%

Shares of AeroVironment, Inc. traded near $165.07 on Wednesday. The company has a market capitalization of approximately $8.35 billion and a forward P/E ratio of 30.6. Its stock has a 52-week range between $135.20 and $417.86, with a 50-day moving average of $177.09 and a 200-day moving average of $255.36. AeroVironment maintains a strong balance sheet with a current ratio of 5.51 and a quick ratio of 4.396, alongside a debt-to-equity ratio of 19.335.

Recent Earnings

AeroVironment reported revenue of $1.61 billion, with a modest revenue growth of 1.4%. Despite this, the company has a negative net margin of -13.9% and a return on equity of -8.7%, reflecting ongoing profitability challenges. The next earnings report is scheduled for September 2, 2026.

Insider Buying and Selling at AeroVironment, Inc.

Insider activity at AeroVironment included various transactions on June 29, 2026. CEO Wahid Nawabi sold 28,265 shares at an average price of $139.00. Stevenson Trace, President of Autonomous Systems, sold 1,710 shares at the same price but also acquired 4,765 shares. Melissa Ann Brown, EVP and Chief Legal Officer, purchased 9,175 shares. CFO Sean Thomas Woodward sold 855 shares at $139.00.

Analysts Set New Price Targets

On June 30, 2026, UBS maintained its hold rating with a $166 price target. Needham, Stifel, and RBC Capital all maintained buy ratings with price targets of $225, $220, and $210 respectively. Keybanc and Piper Sandler also maintained buy ratings with targets of $220 and $248. The consensus among 16 analysts is a buy rating, with a mean price target of $286.

About AeroVironment, Inc.

AeroVironment, Inc., headquartered in Arlington, Virginia, specializes in designing and producing robotic systems for government and commercial clients. The company operates in the aerospace and defense sector, offering uncrewed aircraft systems, counter-UAS solutions, and precision strike capabilities. It also develops technologies for autonomous systems and provides cyber solutions for national security.

Bottom Line

Walleye Capital's increased stake in AeroVironment highlights continued institutional interest in the company. AeroVironment operates in the dynamic aerospace and defense sector, which remains a focus for investors. As always, remember that 13F filings are backward-looking and may not reflect current positions.