"" Executive Insider Sale
AeroVironment Inc. Senior Vice President and Chief Accounting Officer Brian Charles Shackley sold 205 shares of the company's common stock on August 14, 2026, at a price of $201.86 per share. The sale, executed under a Rule 10b5-1 trading plan, brings Shackley's total beneficial ownership of AeroVironment common stock to 7,888 shares.
The sale comes as AeroVironment continues to secure significant contracts with the U.S. Army, underscoring its strong position in the defense sector. The company recently announced a $117.3 million contract to deliver 82 P550 electric vertical take-off and landing unmanned aerial systems for the Army's Battalion Reconnaissance effort, as well as a $400 million contract to supply counter-drone laser systems.
Analyst firms have responded to these developments, with KeyBanc reiterating an Overweight rating and a $220 price target for AeroVironment, citing increased defense demand. Citizens reiterated a Market Outperform rating with a $230 price target, highlighting the Pentagon's new "drone czar" position as a potential positive influence.
Key Figures
- Shares sold: 205
- Sale price per share: $201.86
- Total sale amount: $41,381
- Beneficial ownership: 7,888 shares
- Market capitalization: $9.55 billion
- Current stock price: $192.81
- Price target: $220 (KeyBanc), $230 (Citizens)