Todd Booth, Chief Financial Officer at AEVEX Corp. (AVEX), bought 13,000 shares at $20.00 ($260K) on 2026-04-16, disclosed to the SEC on 2026-04-21.
AEVEX Corp. CFO Todd Booth purchased 13,000 shares at $20.00, marking the largest purchase of his career and signaling confidence in the defense contractor's recent growth trajectory. This insider buying comes amidst a backdrop of strong Q1 earnings and new government contracts, suggesting the stock may be undervalued relative to its recent performance.
The stock is currently trading at $35.99, sitting 15% below its 52-week high of $42.34 but 56% above its 52-week low of $23.00, indicating a volatile post-IPO range.
The company reported a Q1 earnings beat on May 21 with revenue more than quadrupling to $216.7 million and EPS of $0.22. Additionally, AEVEX secured two new U.S. Air Force contracts totaling $34.1 million on May 24 to advance unmanned aircraft capabilities. Finally, a cluster of 4 other insiders bought shares in the last 30 days, adding to the bullish momentum.
The stock carries a high valuation risk with a P/E ratio of 76.11, which may limit upside if growth slows. Additionally, the short interest represents 4.62% of the float, indicating potential volatility if the bullish thesis falters.
Something here stands out, but not much.