UAVS AgEagle Aerial Systems Inc.
AgEagle Aerial Systems, Inc. engages in the design, distribution and support of unmanned aerial vehicle data acquisition drones for precision agriculture industry. Its products include RX-48 and RX-60. The company was founded by Bret Chilcott in 2010 and is headquartered in Neodesha, KS.
Company profile
Ticker
UAVS
Exchange
Website
CEO
J. Michael Drozd
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Boeing • AeroVironment • Bantec • ComSovereign Holding • Xeriant • UAS Drone • Gulfstream Aerospace • Embraer ...
Former names
AURORA CORP, EnerJex Resources, Inc., MILLENIUM PLASTICS CORP, MILLENNIUM PLASTICS CORP
SEC CIK
Corporate docs
IRS number
880422242
UAVS stock data
()
Investment data
Securities sold
Number of investors
Calendar
14 Aug 20
20 Oct 20
31 Dec 20
News
Financial summary
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| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Oct 20 | Chilcott Bret | Common Stock, par value $0.001 | Sell | Dispose S | Yes | 2.2 | 50,000 | 110K | 5,700,321 |
| 30 Sep 20 | Barrett Mooney | Common Stock, par value $0.001 | Sell | Dispose S | Yes | 2.22 | 20,000 | 44.4K | 100,000 |
| 30 Sep 20 | Barrett Mooney | Common Stock, par value $0.001 | Option exercise | Aquire M | Yes | 0.62 | 20,000 | 12.4K | 120,000 |
| 30 Sep 20 | Barrett Mooney | Options to purchase common stock, par value $0.001 per share Common Stock | Option exercise | Dispose M | Yes | 0.62 | 20,000 | 12.4K | 475,000 |
| 17 Sep 20 | Nicole M. Fernandez-McGovern | Common Stock, par value $0.001 | Sell | Dispose S | Yes | 2.65 | 35,000 | 92.75K | 70,000 |
| 17 Sep 20 | Nicole M. Fernandez-McGovern | Common Stock, par value $0.001 | Option exercise | Aquire M | Yes | 0.06 | 35,000 | 2.1K | 105,000 |
| 17 Sep 20 | Nicole M. Fernandez-McGovern | Options to purchase common stock, par value $0.001 per share Common Stock | Option exercise | Dispose M | Yes | 0.06 | 35,000 | 2.1K | 707,533 |
| 15 Sep 20 | Chilcott Bret | Common Stock, par value $0.001 | Sell | Dispose S | Yes | 2.65 | 50,000 | 132.5K | 5,750,321 |
| 8 Sep 20 | Barrett Mooney | Common Stock, par value $0.001 | Sell | Dispose S | Yes | 2.59 | 40,000 | 103.6K | 100,000 |
| 8 Sep 20 | Barrett Mooney | Common Stock, par value $0.001 | Option exercise | Aquire M | Yes | 0.62 | 40,000 | 24.8K | 140,000 |
Institutional ownership Q2 2020
10.8% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 18 |
| Opened positions | 12 |
| Closed positions | 0 |
| Increased positions | 3 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 7.36M |
| Total shares | 6.18M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Financial Partners | 5.8M | $6.9M |
| Citadel Advisors | 163.87K | $195K |
| Vanguard | 61.17K | $73K |
| BCS Barclays | 37.9K | $45K |
| Jane Street | 33.96K | $40K |
| NTRS Northern Trust | 27.83K | $33K |
| Stratos Wealth Partners | 12.93K | $15K |
| Two Sigma Securities | 12.23K | $15K |
| NEU Neuberger Berman | 12.02K | $14K |
| Thoroughbred Financial Services | 10K | $12K |
Financial report summary
?Management Discussion
- For the three months ended June 30, 2020, we recorded revenues of $16,325 compared to revenues of $20,176 for the same period in 2019, a 19% decrease. The decrease for this quarter in comparison to the prior quarter was as a result of less drone related sales that were not completed as intended due to vendor delays impacted by COVID-19 shut-downs. For the six months ended June 30, 2020, we recorded revenues of $407,605 compared to revenues of $66,169 for the same period in 2019, a 516% increase. The increase was largely due to new revenues derived from purchase orders to manufacture and assemble drones and related drone delivery products designed to meet specific criteria for package delivery in urban and suburban area. In addition, revenue growth was also positively impacted by continued focus on expansion of our platforms, providing for aerial imaging and analytics solutions which serve new and emerging markets including registration, oversight and compliance of hemp fields by state departments of agriculture.
Content analysis
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H.S. junior Avg
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New words:
aimed, Albeck, ample, BCF, centered, commerce, comparison, component, constrained, CTO, deferral, dissolution, distancing, exposure, external, feature, forgivable, founder, fractional, free, government, hedge, ineligible, Landlord, loan, local, modification, nonrecourse, occupancy, owner, Paycheck, portion, post, PPP, Prefunded, recommendation, recruiting, relationship, Relief, Restated, retroactive, room, round, safety, SBA, scaling, Secretary, stemming, strain, true, unforgiven, unsecured
Removed:
achieve, apparent, binding, charged, commitment, conservation, Denver, distressed, DPR, easier, expanded, failure, formal, fundamental, funding, green, inform, infrastructure, innovator, involving, itsFarmLensplatform, making, marketing, marketplace, minimum, municipal, ofhempoverview, ofParkView, ourParkView, outdoor, placement, preservation, pro, promoting, prospective, rata, recreation, recreational, redevelopment, registrable, revive, robust, scope, season, setting, shown, supporting, targeting, technologically, termdisclosure, thefarmlensplatform, training, utilization, vegetative, vertical, worldwide
Financial reports
10-Q
2020 Q2
Quarterly report
14 Aug 20
10-Q
2020 Q1
Quarterly report
14 May 20
10-K
2019 FY
Annual report
13 Apr 20
NT 10-K
Notice of late annual filing
30 Mar 20
10-Q
2019 Q3
Quarterly report
14 Nov 19
10-Q
2019 Q2
Quarterly report
13 Aug 19
10-Q
2019 Q1
Quarterly report
15 May 19
10-K
2018 FY
Annual report
28 Mar 19
10-Q
2018 Q3
Quarterly report
14 Nov 18
10-K/A
2017 FY
Annual report (amended)
28 Sep 18
Current reports
8-K/A
Entry into a Material Definitive Agreement
19 Oct 20
8-K
AgEagle Aerial Systems Partners with Valqari to
16 Oct 20
8-K
Regulation FD Disclosure
9 Sep 20
8-K
Entry into a Material Definitive Agreement
1 Sep 20
8-K
AgEagle Aerial Systems Announces Details for New
10 Aug 20
8-K/A
Entry into a Material Definitive Agreement
10 Aug 20
8-K
AgEagle Aerial Systems Announces Pricing of
6 Aug 20
8-K
Departure of Directors or Certain Officers
24 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
20 Jul 20
8-K
AgEagle Aerial Systems Announces Pricing of
26 Jun 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
6 Aug 20
424B5
Prospectus supplement for primary offering
26 Jun 20
S-3
Shelf registration
12 Jun 20
424B5
Prospectus supplement for primary offering
13 May 20
S-3/A
Shelf registration (amended)
5 May 20
S-3/A
Shelf registration (amended)
4 May 20
S-3
Shelf registration
27 Apr 20
D
$1.05M in equity / securities to be acquired, sold $1.05M, 1 investor
14 Apr 20
D
$2M in equity / securities to be acquired, sold $2M, 1 investor
10 Jan 19
424B3
Prospectus supplement
19 Sep 18
Proxies
DEF 14A
Definitive proxy
28 May 20
DEF 14A
Definitive proxy
21 May 19
PRE 14A
Preliminary proxy
10 May 19
DEFA14A
Additional proxy soliciting materials
30 Nov 18
DEF 14A
Definitive proxy
29 Nov 18
DEF 14A
Definitive proxy
7 Apr 17
PRER14A
Preliminary revised proxy
3 Apr 17
DEFA14A
Additional proxy soliciting materials
31 Mar 17
PRE 14A
Preliminary proxy
23 Feb 17
DEFA14A
Additional proxy soliciting materials
14 Feb 17
Other
EFFECT
Notice of effectiveness
22 Jun 20
CORRESP
Correspondence with SEC
17 Jun 20
UPLOAD
Letter from SEC
17 Jun 20
EFFECT
Notice of effectiveness
7 May 20
CORRESP
Correspondence with SEC
4 May 20
UPLOAD
Letter from SEC
1 May 20
EFFECT
Notice of effectiveness
17 Sep 18
EFFECT
Notice of effectiveness
14 Feb 18
CORRESP
Correspondence with SEC
12 Feb 18
CORRESP
Correspondence with SEC
8 Feb 18
Ownership
4
AgEagle Aerial Systems / Bret Chilcott ownership change
2 Oct 20
4
AgEagle Aerial Systems / Barrett Mooney ownership change
2 Oct 20
4
AgEagle Aerial Systems / Nicole M. Fernandez-McGovern ownership change
26 Sep 20
4/A
AgEagle Aerial Systems / Luisa Ingargiola ownership change
25 Sep 20
4
AgEagle Aerial Systems / Bret Chilcott ownership change
25 Sep 20
4
AgEagle Aerial Systems / Thomas J Gardner ownership change
21 Sep 20
4
AgEagle Aerial Systems / Grant A Begley ownership change
16 Sep 20
4
AgEagle Aerial Systems / Luisa Ingargiola ownership change
16 Sep 20
4/A
AgEagle Aerial Systems / Nicole M. Fernandez-McGovern ownership change
12 Sep 20
4
AgEagle Aerial Systems / Barrett Mooney ownership change
11 Sep 20