Shares of Archer Aviation Inc. (NYSE:ACHR – Get Free Report) were down 3.2% on Tuesday after an insider sold shares in the company. The stock traded as low as $6.29 and last traded at $6.3120. Approximately 23,639,670 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 38,590,547 shares. The stock had previously closed at $6.52.
Specifically, CFO Priya Gupta sold 10,172 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $6.46, for a total transaction of $65,711.12. Following the transaction, the chief financial officer owned 171,754 shares in the company, valued at $1,109,530.84. The trade was a 5.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eric Lentell sold 37,390 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $6.46, for a total transaction of $241,539.40. Following the transaction, the insider directly owned 139,483 shares in the company, valued at approximately $901,060.18. This represents a 21.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In other Archer Aviation news, CTO Thomas Paul Muniz sold 94,725 shares of Archer Aviation stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $6.46, for a total value of $611,923.50. Following the completion of the sale, the chief technology officer directly owned 1,345,430 shares of the company’s stock, valued at approximately $8,691,477.80. The trade was a 6.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Analyst Upgrades and Downgrades
ACHR has been the topic of a number of research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Archer Aviation in a research report on Wednesday, January 21st. The Goldman Sachs Group began coverage on Archer Aviation in a research report on Monday, December 1st. They issued a “neutral” rating and a $11.00 target price for the company. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Archer Aviation in a research note on Monday, November 24th. Needham & Company LLC cut their price target on Archer Aviation from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Finally, Canaccord Genuity Group raised their price objective on Archer Aviation from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Friday, November 21st. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $12.00.
Key Stories Impacting Archer Aviation
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: White House/DOT selected Archer partners in Florida, New York and Texas for the eVTOL Integration Pilot Program (eIPP), creating structured pathways for early commercial routes and local regulatory coordination — a major step toward U.S. operations. Archer’s US Air Taxi Operations Take Major Step Forward
- Positive Sentiment: Archer received full FAA acceptance of its Means of Compliance for the Midnight eVTOL and announced a Starlink partnership for in‑flight connectivity — this reduces a key certification risk and improves product readiness. Archer FAA Milestone and Starlink Deal
- Positive Sentiment: Federal pilot program selections expanded testing of electric air taxis across many states, boosting sector attention and drove near‑term positive share reactions for Archer and peers. Flying taxis could soon take flight
- Neutral Sentiment: Several analyst pieces and long‑term features highlight the company’s milestone progress but also stress high valuation and cash‑burn — useful context for investors but not new company disclosures. Assessing Archer Aviation’s Valuation
- Negative Sentiment: Legal battle with Joby escalated this week — Archer filed suit and countersued alleging Joby hid China ties and defrauded the U.S. government. Litigation raises execution, reputational and cost risks that can weigh on the stock. Archer accuses rival Joby of illegal China ties (Reuters)
- Negative Sentiment: Needham cut its price target to $9, signaling reduced near‑term upside and contributing to negative analyst momentum. Needham Lowers Archer Price Target
- Negative Sentiment: Multiple insider sales (CFO, CTO and others) were recently filed, which can amplify investor concern about near‑term liquidity needs or dilution. CFO Form 4 (SEC)
- Negative Sentiment: Reports of planned share issuance to vendors / prospectus filings raise dilution concerns — any sizable equity issuance would further pressure the share base. Prospectus / Share Issuance
Archer Aviation Price Performance
The company has a debt-to-equity ratio of 0.05, a quick ratio of 19.89 and a current ratio of 19.89. The business has a 50 day simple moving average of $7.60 and a 200-day simple moving average of $8.70. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of -6.38 and a beta of 3.10.
Archer Aviation (NYSE:ACHR – Get Free Report) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.09). The firm had revenue of $0.30 million during the quarter, compared to analysts’ expectations of $1.40 million. Archer Aviation’s quarterly revenue was up 29900.0% compared to the same quarter last year. Equities research analysts expect that Archer Aviation Inc. will post -1.32 earnings per share for the current year.
Institutional Investors Weigh In On Archer Aviation
A number of institutional investors and hedge funds have recently bought and sold shares of ACHR. Bank of Jackson Hole Trust boosted its holdings in Archer Aviation by 45.9% during the 3rd quarter. Bank of Jackson Hole Trust now owns 3,136 shares of the company’s stock worth $30,000 after acquiring an additional 986 shares during the last quarter. Prime Capital Investment Advisors LLC raised its holdings in shares of Archer Aviation by 2.5% in the third quarter. Prime Capital Investment Advisors LLC now owns 46,262 shares of the company’s stock valued at $443,000 after purchasing an additional 1,107 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Archer Aviation by 7.0% in the fourth quarter. Farther Finance Advisors LLC now owns 18,659 shares of the company’s stock valued at $140,000 after purchasing an additional 1,220 shares during the last quarter. HighPoint Advisor Group LLC lifted its position in shares of Archer Aviation by 3.6% during the third quarter. HighPoint Advisor Group LLC now owns 35,919 shares of the company’s stock valued at $344,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its position in shares of Archer Aviation by 2.9% during the third quarter. Clear Creek Financial Management LLC now owns 44,084 shares of the company’s stock valued at $422,000 after purchasing an additional 1,254 shares in the last quarter. 59.34% of the stock is owned by hedge funds and other institutional investors.
Archer Aviation Company Profile
Archer Aviation, Inc (NYSE: ACHR) is a California-based aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft designed to serve as sustainable urban air mobility solutions. Founded in 2018 by Adam Goldstein and Brett Adcock, Archer focuses on the design, development and certification of zero-emissions air taxis aimed at reducing traffic congestion in densely populated metropolitan areas. The company’s flagship prototypes, “Maker” and “Midnight,” have been engineered to deliver quiet, efficient short-haul flights with ranges of up to 100 miles per charge.
Headquartered in Palo Alto, California, Archer operates a manufacturing facility in nearby Santa Cruz County and maintains research partnerships with automotive and energy companies, including a collaboration with Stellantis to integrate advanced battery systems.
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