Core Insights - The focus on autonomous vehicles and robotics is increasing, with Tesla making headlines by shifting its production towards humanoid robots [1] - Aerovironment (NASDAQ: AVAV) is gaining attention from Wall Street insiders as its stock has dropped over 30% from its 2025 high, presenting a potential buying opportunity [2] Investment Activity - Notable billionaire investors, including John Overdeck and Ray Dalio, have recently acquired shares in Aerovironment, with Overdeck's Two Sigma hedge fund purchasing 27,327 shares for $8.6 million and Dalio's Bridgewater Associates buying 11,349 shares for $3.6 million [4] - Cathie Wood's ARK Invest has also invested in Aerovironment, with the ARK Space & Defense Innovation ETF taking a $1.6 million position and the ARK Autonomous Technology & Robotics ETF acquiring $3.9 million in shares [5] Stock Performance - Aerovironment's shares experienced a significant decline after a stop-work order on a government contract for satellite antenna systems, losing more than two-thirds of their year-to-date gains [6] - Despite a 57% gain last year, the recent pullback is viewed by some Wall Street insiders as an opportunity to buy [6]