Archer Aviation Inc. (NYSE:ACHR – Get Free Report) dropped 3.2% during trading on Tuesday after an insider sold shares in the company. The company traded as low as $6.29 and last traded at $6.3120. Approximately 23,639,670 shares were traded during 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 Archer Aviation stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $6.46, for a total value of $65,711.12. Following the transaction, the chief financial officer owned 171,754 shares in the company, valued at approximately $1,109,530.84. The trade was a 5.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Eric Lentell sold 37,390 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $6.46, for a total value of $241,539.40. Following the sale, the insider directly owned 139,483 shares in the company, valued at $901,060.18. This trade represents a 21.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In other Archer Aviation news, CTO Thomas Paul Muniz sold 94,725 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $6.46, for a total transaction of $611,923.50. Following the sale, the chief technology officer owned 1,345,430 shares in the company, valued at approximately $8,691,477.80. The trade was a 6.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Analyst Ratings Changes
Several analysts have recently commented on the company. The Goldman Sachs Group initiated 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 reissued an “overweight” rating on shares of Archer Aviation in a research note on Monday, November 24th. Canaccord Genuity Group raised their price objective on Archer Aviation from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Friday, November 21st. Needham & Company LLC lowered their target price on Archer Aviation from $10.00 to $9.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Archer Aviation in a report on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Archer Aviation presently has a consensus 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: Full FAA acceptance of Archer’s Means of Compliance for the Midnight eVTOL and a Starlink connectivity partnership reduce regulatory and operational risk and advance near‑term commercialization prospects. Archer FAA Milestone and Starlink Deal
- Positive Sentiment: Archer’s partners in Florida, New York and Texas were chosen for the White House eVTOL Integration Pilot Program (eIPP), creating a formal pathway to begin early commercial operations in key U.S. markets. White House eIPP Selection
- Positive Sentiment: Market reaction to the pilot‑program selections briefly lifted sentiment across the eVTOL group, supporting near‑term interest in ACHR shares. Archer, Joby Stocks Jump After Inclusion
- Neutral Sentiment: Analyst and media commentary highlight milestone progress but flag high valuation, execution risk and extended cash burn — useful context for long‑term investors but not a new company disclosure. Is Archer Offering An Opportunity?
- Negative Sentiment: Legal battle escalates — Archer filed countersuits accusing Joby of hiding China ties and defrauding the U.S. government; the dispute raises regulatory, reputational and litigation‑cost risks that could distract management and spook investors. Air‑taxi maker Archer accuses rival Joby of illegal China ties
- Negative Sentiment: Needham cut its price target to $9, signaling lower near‑term upside and contributing to bearish analyst pressure. Needham Lowers Archer Aviation Price Target
- Negative Sentiment: Several insiders sold shares in early March (CFO, CTO and others), which, together with a filed prospectus to issue shares to vendors, raises dilution and governance‑signal concerns for investors focused on ownership and near‑term capital needs. Insider Sale SEC Filing
- Negative Sentiment: Archer filed a prospectus planning share issuance to vendors — signals ongoing capital needs and potential future dilution if equity is used to fund operations. Prospectus / Share Issuance
Archer Aviation Stock Performance
The stock has a fifty day moving average price of $7.62 and a 200 day moving average price of $8.72. The company has a current ratio of 19.89, a quick ratio of 19.89 and a debt-to-equity ratio of 0.05. 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 announced its earnings results on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.09). The company had revenue of $0.30 million for the quarter, compared to analysts’ expectations of $1.40 million. The company’s quarterly revenue was up 29900.0% on a year-over-year basis. As a group, analysts predict that Archer Aviation Inc. will post -1.32 earnings per share for the current year.
Institutional Trading of Archer Aviation
Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Archer Aviation by 45.8% during the 3rd quarter. Vanguard Group Inc. now owns 52,363,259 shares of the company’s stock worth $501,640,000 after buying an additional 16,452,398 shares during the period. Norges Bank bought a new stake in Archer Aviation in the fourth quarter valued at $58,494,000. Man Group plc grew its position in Archer Aviation by 13,793.3% in the second quarter. Man Group plc now owns 4,212,722 shares of the company’s stock valued at $45,708,000 after acquiring an additional 4,182,400 shares during the period. BNP Paribas Financial Markets raised its stake in Archer Aviation by 423.3% during the fourth quarter. BNP Paribas Financial Markets now owns 5,126,217 shares of the company’s stock worth $38,549,000 after acquiring an additional 4,146,574 shares in the last quarter. Finally, ARK Investment Management LLC lifted its holdings in shares of Archer Aviation by 12.4% during the fourth quarter. ARK Investment Management LLC now owns 35,170,701 shares of the company’s stock valued at $264,484,000 after acquiring an additional 3,869,252 shares during the period. Institutional investors and hedge funds own 59.34% of the company’s stock.
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.
See Also
- Five stocks we like better than Archer Aviation
- Gold’s Next Surge is Imminent
- The gold chart Wall Street is terrified of…
- Elon did what!?!?
- Nvidia CEO Issues Bold Tesla Call
- Buy this Gold Stock Before May 15th, 2026
Receive News & Ratings for Archer Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer Aviation and related companies with MarketBeat.com's FREE daily email newsletter.
