Harsh Rungta Sells 22,826 Shares of Archer Aviation (NYSE:ACHR) Stock

Archer Aviation Inc. (NYSE:ACHR) CAO Harsh Rungta sold 22,826 shares of Archer Aviation stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $6.46, for a total transaction of $147,455.96. Following the completion of the transaction, the chief accounting officer directly owned 65,458 shares of the company’s stock, valued at $422,858.68. This trade represents a 25.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Archer Aviation Trading Down 3.2%

NYSE:ACHR opened at $6.31 on Wednesday. The company’s 50 day moving average price is $7.60 and its 200-day moving average price is $8.70. Archer Aviation Inc. has a 52 week low of $5.48 and a 52 week high of $14.62. The company has a quick ratio of 19.89, a current ratio of 19.89 and a debt-to-equity ratio of 0.05. The stock 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) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.09). The company had revenue of $0.30 million for the quarter, compared to the consensus estimate of $1.40 million. The firm’s revenue for the quarter was up 29900.0% compared to the same quarter last year. On average, equities research analysts forecast that Archer Aviation Inc. will post -1.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ACHR. Canaccord Genuity Group upped their price target on Archer Aviation from $12.00 to $13.00 and gave the company a “buy” rating in a report on Friday, November 21st. Cantor Fitzgerald reiterated an “overweight” rating on shares of Archer Aviation in a report on Monday, November 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research note on Wednesday, January 21st. The Goldman Sachs Group assumed coverage on shares of Archer Aviation in a report on Monday, December 1st. They set a “neutral” rating and a $11.00 price target on the stock. Finally, Needham & Company LLC reduced their price target on shares of Archer Aviation from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.00.

Hedge Funds Weigh In On Archer Aviation

A number of institutional investors and hedge funds have recently modified their holdings of ACHR. Gould Capital LLC grew its holdings in shares of Archer Aviation by 238.1% in the fourth quarter. Gould Capital LLC now owns 3,560 shares of the company’s stock worth $27,000 after acquiring an additional 2,507 shares during the period. Strs Ohio purchased a new stake in Archer Aviation during the first quarter valued at $27,000. Caitong International Asset Management Co. Ltd lifted its holdings in Archer Aviation by 840.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,732 shares of the company’s stock valued at $28,000 after acquiring an additional 3,335 shares during the period. Johnson Investment Counsel Inc. bought a new position in Archer Aviation in the third quarter valued at about $29,000. Finally, Modus Advisors LLC purchased a new position in Archer Aviation in the fourth quarter worth about $29,000. 59.34% of the stock is currently owned by hedge funds and other institutional investors.

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

About Archer Aviation

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.