Engaged Capital Sends Letter to Board of AeroVironment, Inc.
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- S&P 500, Dow on course for slim gains at open as Iran tensions clash with AI optimism
- Oil retreats from one-month high as traders weigh supply risks
- Dell again lifts annual forecasts as AI demand powers record results
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
- Uber stock gains 2% as tech giant cuts 3,300 jobs in major restructuring
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- S&P Global shares rise on report of possible CapIQ spinoff
Canaccord Genuity Reiterates Hold Following AeroVironment's (AVAV) 4Q15 Results
July 1, 2015 9:05 AM EDTCanaccord Genuity reiterates a Hold ratingand $30.00 price target on AeroVironment (NASDAQ: AVAV) following 4Q15 results. AVAV reported revenues of $86.5M compared to consensus of $85.7M. EPS was reported at $0.31 versus $0.18 consensus. Management provided initial fiscal 2016 guidance of $260M to $280M in revenues.
Analyst... More
Engaged Capital Sends Letter to AeroVironment (AVAV), Calls for Declassification of Board
June 29, 2015 4:02 PM EDTEngaged Capital, an investment firm specializing in enhancing the value of small and mid-cap North American equities, today sent a letter to the AeroVironment, Inc. (NASDAQ: AVAV) Board of Directors .
The full text of the letter follows:
June 29, 2015
Members of the Board of DirectorsAeroVironment, Inc.181 W. Huntington Drive, Suite 202Monrovia, CA 91016
Dear Members of the Board,
Engaged Capital, LLC (together with its affiliates, Engaged Capital or we) has been a shareholder of AeroVironment, Inc. (AVAV or the Company) and has publicly sought to improve its corporate governance since July 2013.
As you... More
