Envestnet Asset Management Inc. Has $6.54 Million Position in AeroVironment, Inc. $AVAV

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Envestnet Asset Management Inc. reduced its stake in AeroVironment, Inc. by 47%, now holding shares valued at $6.54 million. This comes as AeroVironment missed quarterly EPS estimates but showed strong revenue growth and provided positive FY2026 guidance. The stock has experienced volatility, with a “Moderate Buy” consensus from analysts and high institutional ownership.

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