Archer Aviation (NYSE:ACHR) CFO Sells $64,196.15 in Stock

Archer Aviation Inc. (NYSE:ACHR) CFO Priya Gupta sold 10,015 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $6.41, for a total value of $64,196.15. Following the completion of the transaction, the chief financial officer owned 202,784 shares in the company, valued at $1,299,845.44. This trade represents a 4.71% decrease in their position. The sale was disclosed in a filing 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.

Archer Aviation Stock Performance

Shares of ACHR stock opened at $6.06 on Friday. Archer Aviation Inc. has a fifty-two week low of $4.30 and a fifty-two week high of $14.62. The stock’s 50-day moving average is $5.28 and its two-hundred day moving average is $5.89. 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 firm has a market cap of $4.67 billion, a P/E ratio of -5.61 and a beta of 3.20.

Archer Aviation (NYSE:ACHR) last announced its quarterly earnings results on Monday, August 10th. The company reported ($0.34) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.34). The firm had revenue of $5.00 million for the quarter, compared to analyst estimates of $1.94 million. Analysts predict that Archer Aviation Inc. will post -1.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on ACHR. Barclays raised shares of Archer Aviation to a “hold” rating in a research report on Wednesday, July 29th. UBS Group reaffirmed an “overweight” rating on shares of Archer Aviation in a research note on Tuesday, August 11th. Wells Fargo & Company set a $18.00 price objective on shares of Archer Aviation in a report on Tuesday, August 11th. Canaccord Genuity Group lowered their target price 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. Finally, HC Wainwright restated a “buy” rating on shares of Archer Aviation in a report on Tuesday, August 11th. Five equities 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 MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.50.

Institutional Investors Weigh In On Archer Aviation

A number of large investors have recently added to or reduced their stakes in ACHR. Gould Capital LLC raised its position 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 valued at $27,000 after purchasing an additional 2,507 shares during the period. Strs Ohio bought a new stake in shares of Archer Aviation during the 1st quarter worth $27,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Archer Aviation by 840.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,732 shares of the company’s stock worth $28,000 after buying an additional 3,335 shares during the period. Modus Advisors LLC acquired a new position in Archer Aviation in the 4th quarter valued at $29,000. Finally, Basepoint Wealth LLC acquired a new position in Archer Aviation in the 4th quarter valued at $32,000. Institutional investors own 59.34% of the company’s stock.

More Archer Aviation News

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

• Positive Sentiment: Archer is pursuing a broader aerospace strategy through agreements to acquire Boeing-owned businesses Wisk Aero, Insitu and SkyGrid, with Boeing expected to take a strategic equity stake. The transactions could expand Archer beyond passenger air taxis into autonomy, drones and defense-related technologies. Archer Aviation Bets Big on Becoming More Than an Air Taxi Company
• Positive Sentiment: Coverage of Archer’s Halo aircraft highlights the potential to use common technology across commercial and defense applications. A dual-use product portfolio could broaden the company’s addressable market and reduce reliance on air-taxi operations alone. Can Halo Expand Archer Aviation’s Dual-Use Aircraft Opportunity?
• Neutral Sentiment: Analyst coverage remains broadly constructive, with an average brokerage recommendation equivalent to Buy, but such ratings may be overly optimistic for a speculative company that still must achieve regulatory approval and meaningful production. Brokers Suggest Investing in Archer Aviation
• Negative Sentiment: Archer registered 8.26 million vendor shares for potential resale. The filing does not mean all shares will be sold, but the prospect of additional stock entering the market can pressure ACHR and dilute or overhang existing shares. Archer Registers Vendor Shares for Resale
• Negative Sentiment: ACHR declined alongside other major eVTOL stocks despite favorable industry news, indicating investors may be taking profits or rotating away from the volatile air-taxi group. Recent insider sales by Archer executives add to the cautious tone, although the filings said the transactions covered tax withholding on vested equity awards. Air Taxi Stocks Ignore Good News

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.