Harsh Rungta Sells 13,880 Shares of Archer Aviation (NYSE:ACHR) Stock

Archer Aviation Inc. (NYSE:ACHRGet Free Report) CAO Harsh Rungta sold 13,880 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $6.41, for a total value of $88,970.80. Following the completion of the sale, the chief accounting officer owned 110,847 shares of the company’s stock, valued at $710,529.27. This trade represents a 11.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Archer Aviation Stock Up 2.1%

ACHR stock opened at $6.46 on Thursday. Archer Aviation Inc. has a fifty-two week low of $4.30 and a fifty-two week high of $14.62. The company has a debt-to-equity ratio of 0.06, a current ratio of 10.21 and a quick ratio of 10.21. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of -5.98 and a beta of 3.20. The business’s fifty day moving average price is $5.26 and its two-hundred day moving average price is $5.90.

Archer Aviation (NYSE:ACHRGet Free Report) last announced its earnings results on Monday, August 10th. The company reported ($0.34) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.34). The business had revenue of $5.00 million during the quarter, compared to the consensus estimate of $1.94 million. On average, equities analysts anticipate that Archer Aviation Inc. will post -1.4 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Barclays upgraded Archer Aviation to a “hold” rating in a research note on Wednesday, July 29th. Wells Fargo & Company set a $18.00 target price on shares of Archer Aviation in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Archer Aviation in a research note on Friday, July 17th. UBS Group reaffirmed an “overweight” rating on shares of Archer Aviation in a research report on Tuesday, August 11th. Finally, Canaccord Genuity Group dropped their price target on shares of Archer Aviation from $13.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Archer Aviation has a consensus rating of “Hold” and an average target price of $11.50.

Read Our Latest Research Report on Archer Aviation

Key Stories Impacting Archer Aviation

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

  • Positive Sentiment: Archer’s Halo program expands its dual-use aircraft strategy, allowing technology developed for commercial air taxis to also serve defense applications. This could broaden Archer’s addressable market and create additional government or military revenue opportunities. Can Halo Expand Archer Aviation’s Dual-Use Aircraft Opportunity?
  • Positive Sentiment: During its second-quarter earnings call, CEO Adam Goldstein discussed Archer’s strategy involving Boeing and outlined a roadmap toward autonomous flight. Boeing’s support and progress toward autonomous eVTOL aircraft strengthen Archer’s long-term commercialization narrative, though certification, production and execution remain significant hurdles. Archer Aviation Q2 2026 Earnings Call Transcript
  • Neutral Sentiment: Brokerage data shows an average recommendation equivalent to Buy, but the usefulness of analyst ratings may be limited by Wall Street’s generally optimistic bias. MarketBeat data cited a broader consensus of Hold, with a target price well above the recent trading level, indicating upside potential but also substantial uncertainty. Brokers Suggest Investing in Archer Aviation
  • Negative Sentiment: Several executives sold shares at approximately $6.41, including the chief legal officer, CFO and chief accounting officer. The combined sales totaled roughly $491,000 in the reported transactions and reduced their holdings, which can weigh on investor sentiment. However, the filings stated the sales were primarily to cover tax obligations on vested equity awards, making them less concerning than discretionary sales. Archer Aviation Insider Stock Sales

Institutional Investors Weigh In On Archer Aviation

Institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC raised its stake 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 worth $140,000 after purchasing an additional 1,220 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in 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 purchasing an additional 1,373 shares during the period. Choreo LLC boosted its position in Archer Aviation by 8.1% during the fourth quarter. Choreo LLC now owns 20,802 shares of the company’s stock worth $157,000 after purchasing an additional 1,555 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Archer Aviation by 105.3% in the second quarter. Geneos Wealth Management Inc. now owns 3,318 shares of the company’s stock valued at $36,000 after purchasing an additional 1,702 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position 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 during the period. Institutional investors and hedge funds own 59.34% of the company’s stock.

Archer Aviation Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Archer Aviation (NYSE:ACHR)

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