Chairman, President and CEO, 10% Owner of AeroVironment Inc. (AVAV) Timothy E Conver sells 7,000 shares of AVAV on 04/29/2010 at an average price of $26.62 a share.

Aerovironment Inc. has a market cap of $582.4 million; its shares were traded at around $26.9 with a P/E ratio of 53.8 and P/S ratio of 2.4.

AVAV is in the portfolios of Ron Baron of Baron Funds, RS Investment Management, Kenneth Fisher of Fisher Asset Management, LLC, Jim Simons of Renaissance Technologies LLC.

This is the annual revenues and earnings per share of AVAV over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of AVAV.

CEO Recent Trades:

• Sell:: Chairman, President and CEO, 10% Owner Timothy E Conver sold 7,000 shares of AVAV stock on 04/26/2010 at the average price of 26.88, the price of the stock has increased by 0.07% since.


• Sell:: Chairman, President and CEO, 10% Owner Timothy E Conver sold 14,000 shares of AVAV stock on 04/16/2010 at the average price of 25.06, the price of the stock has increased by 7.34% since.


• Sell:: Chairman, President and CEO, 10% Owner Timothy E Conver sold 14,000 shares of AVAV stock on 03/31/2010 at the average price of 25.84, the price of the stock has increased by 4.1% since.


• Sell:: Chairman, President and CEO, 10% Owner Timothy E Conver sold 14,000 shares of AVAV stock on 02/19/2010 at the average price of 25.28, the price of the stock has increased by 6.41% since.


• Sell:: Chairman, President and CEO, 10% Owner Timothy E Conver sold 7,000 shares of AVAV stock on 02/01/2010 at the average price of 33.24, the price of the stock has decreased by 19.07% since.

This is the insider trade history vs. stock price of AVAV. For the complete insider trading history of AVAV, click here.

Directors and Officers Recent Trades:

• Sell:: Director Joseph F Alibrandi sold 602 shares of AVAV stock on 03/12/2010 at the average price of 24.45, the price of the stock has increased by 10.02% since.


• Sell:: Executive VP and GM John F Grabowsky sold 101,344 shares of AVAV stock on 01/14/2010 at the average price of 34.12, the price of the stock has decreased by 21.16% since.


• Sell:: Director Kenneth R Baker sold 3,215 shares of AVAV stock on 01/13/2010 at the average price of 31.69, the price of the stock has decreased by 15.12% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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