Aerovironment CFO McDonnell sells $398k in shares

Aerovironment Inc (NASDAQ:AVAV) CFO Kevin Patrick McDonnell sold 998 shares of common stock on October 10, 2025, for approximately $398,940. The shares were sold at prices ranging from $390.64 to $407.72, near the stock’s 52-week high of $417.86. According to InvestingPro data, AVAV has delivered an impressive 181% return over the past six months, though technical indicators suggest the stock may be overbought.

The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted by the McDonnell Moore Living Trust on July 11, 2025. Following the transaction, McDonnell directly owns 4845 shares and indirectly owns 19324 shares through the McDonnell Moore Living Trust, where he serves as one of the trustees. With a market capitalization of nearly $20 billion, AVAV currently trades at elevated valuation multiples. Discover more insights and 17 additional ProTips with a subscription to InvestingPro.

In other recent news, AeroVironment , Inc. announced the expansion of its Switchblade loitering munition product line with three new variants, enhancing its precision strike capabilities for military forces. The new systems include the Switchblade 600 Block 2, Switchblade 400, and Switchblade 300 Block 20, each designed for different mission requirements. Additionally, AeroVironment has unveiled its VAPOR Compact Long Endurance unmanned aircraft system, an all-electric drone with a flight time of up to two hours, doubling the endurance of typical Group 2 quadrotor platforms. In another development, the company is collaborating with GrandSKY to establish counter-unmanned aerial system capabilities at Grand Forks Air Force Base in North Dakota. Furthermore, AeroVironment has appointed Mary Clum as President of its Space, Cyber & Directed Energy business segment, effective October 24, 2025. Clum previously served as Executive Vice President of Space & Directed Energy Mission Systems. Meanwhile, Draganfly Inc. has partnered with Global Ordnance to enhance the supply of unmanned aerial systems to U.S. defense agencies. This strategic partnership aims to boost manufacturing capabilities and develop mission-specific drone technologies.

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