BLKBRD Asset Management LP Cuts Stock Holdings in Archer Aviation Inc. $ACHR

BLKBRD Asset Management LP decreased its stake in shares of Archer Aviation Inc. (NYSE:ACHR) by 58.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 129,287 shares of the company’s stock after selling 183,995 shares during the period. Archer Aviation comprises about 1.3% of BLKBRD Asset Management LP’s holdings, making the stock its 21st largest position. BLKBRD Asset Management LP’s holdings in Archer Aviation were worth $972,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of ACHR. AQR Capital Management LLC purchased a new position in shares of Archer Aviation during the first quarter valued at approximately $293,000. Integrated Wealth Concepts LLC boosted its position in shares of Archer Aviation by 11.1% during the first quarter. Integrated Wealth Concepts LLC now owns 13,770 shares of the company’s stock valued at $98,000 after buying an additional 1,373 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Archer Aviation by 44.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 192,164 shares of the company’s stock valued at $1,366,000 after buying an additional 59,317 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Archer Aviation by 5.1% in the first quarter. NewEdge Advisors LLC now owns 35,739 shares of the company’s stock valued at $254,000 after acquiring an additional 1,738 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Archer Aviation by 51.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 844,017 shares of the company’s stock valued at $6,001,000 after acquiring an additional 285,414 shares in the last quarter. Hedge funds and other institutional investors own 59.34% of the company’s stock.

Insider Transactions at Archer Aviation

In related news, CTO Thomas Paul Muniz sold 91,839 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $5.95, for a total value of $546,442.05. Following the transaction, the chief technology officer owned 1,462,314 shares in the company, valued at approximately $8,700,768.30. This represents a 5.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Priya Gupta sold 9,860 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $5.95, for a total value of $58,667.00. Following the completion of the transaction, the chief financial officer owned 189,050 shares in the company, valued at approximately $1,124,847.50. The trade was a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 250,743 shares of company stock worth $1,497,672 in the last ninety days. Company insiders own 5.55% of the company’s stock.

Archer Aviation Stock Performance

ACHR stock opened at $5.44 on Wednesday. The firm has a market cap of $4.13 billion, a PE ratio of -4.94 and a beta of 3.14. The company has a quick ratio of 18.06, a current ratio of 18.06 and a debt-to-equity ratio of 0.06. The business has a 50 day moving average of $5.98 and a 200-day moving average of $6.87. Archer Aviation Inc. has a 12-month low of $4.80 and a 12-month high of $14.62.

Archer Aviation (NYSE:ACHR) last released its earnings results on Monday, May 11th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.03). The firm had revenue of $1.60 million during the quarter, compared to the consensus estimate of $1.66 million. During the same period in the previous year, the company posted ($0.17) earnings per share. As a group, sell-side analysts expect that Archer Aviation Inc. will post -1.47 earnings per share for the current year.

Key Archer Aviation News

Here are the key news stories impacting Archer Aviation this week:

• Positive Sentiment: Momentum improved as air-taxi stocks rallied broadly, with Archer benefiting from stronger sentiment across the sector and hopes that certification and commercialization are getting closer. EHang Rockets 18%, Archer Zooms 10%, Joby Rises 7% as Air Taxi Stocks Fly Higher With the Broader Market
• Positive Sentiment: Analysts and commentary highlighted Archer’s potential to double if FAA certification nears, reinforcing the bullish thesis that regulatory progress could unlock significant upside. Archer Aviation Could Double as FAA Certification Nears
• Positive Sentiment: Investors are still weighing Archer’s large conditional order book, including a multibillion-dollar commitment from United Airlines, which supports the long-term growth story versus other aerospace names. Archer Aviation vs. Karman: Which Aerospace Stock Is a Better Buy in 2026?
• Neutral Sentiment: Flight-testing updates show Archer is continuing technical validation work, but these developments are more about execution than an immediate financial catalyst. How Is Archer Aviation Advancing Through Flight-Testing Activities?
• Neutral Sentiment: Recent insider selling by Eric Lentell appears tied to tax withholding on vested equity awards, which is not necessarily a bearish signal, but it can still weigh on sentiment. Archer Aviation (NYSE:ACHR) Insider Eric Lentell Sells 3,754 Shares
• Negative Sentiment: The company remains unprofitable and recently missed quarterly expectations on both earnings and revenue, reminding investors that execution risk is still high. Archer Aviation stock performance and earnings details

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Canaccord Genuity Group reduced their target price on Archer Aviation from $13.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Archer Aviation in a report on Monday, April 20th. Finally, Needham & Company LLC reduced their target price on Archer Aviation from $10.00 to $9.00 and set a “buy” rating for the company in a report 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $11.83.

Archer Aviation 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.