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

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

Archer Aviation Price Performance

Shares of NYSE ACHR opened at $6.53 on Tuesday. The firm has a market capitalization of $4.25 billion, a P/E ratio of -6.59 and a beta of 3.10. The firm’s 50-day moving average price is $7.62 and its 200-day moving average price is $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. Archer Aviation Inc. has a 1-year low of $5.48 and a 1-year high of $14.62.

Archer Aviation (NYSE:ACHR) last issued 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 firm had revenue of $0.30 million during the quarter, compared to the consensus estimate of $1.40 million. Archer Aviation’s quarterly revenue was up 29900.0% compared to the same quarter last year. Equities research analysts anticipate that Archer Aviation Inc. will post -1.32 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vestor Capital LLC increased its position in shares of Archer Aviation by 1,014.7% during the 2nd quarter. Vestor Capital LLC now owns 278,666 shares of the company’s stock valued at $3,024,000 after purchasing an additional 253,666 shares during the last quarter. Handelsbanken Fonder AB purchased a new position in shares of Archer Aviation in the 2nd quarter worth about $1,324,000. Voya Investment Management LLC boosted its holdings in shares of Archer Aviation by 180.0% in the 3rd quarter. Voya Investment Management LLC now owns 418,366 shares of the company’s stock worth $4,008,000 after buying an additional 268,955 shares during the last quarter. Cetera Investment Advisers grew its position in Archer Aviation by 16.6% during the second quarter. Cetera Investment Advisers now owns 374,059 shares of the company’s stock valued at $4,059,000 after buying an additional 53,135 shares during the period. Finally, Marex Group plc bought a new position in Archer Aviation during the second quarter valued at about $24,699,000. Hedge funds and other institutional investors own 59.34% of the company’s stock.

Archer Aviation News Roundup

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

• Positive Sentiment: FAA milestone and Starlink partnership move commercialization forward — Archer became the first eVTOL maker to receive full FAA acceptance of its Means of Compliance for its Midnight aircraft, reducing a major regulatory hurdle; it also announced Starlink connectivity for in-flight systems, strengthening product offering and operational readiness. Archer FAA Milestone and Starlink Deal
• Positive Sentiment: White House eVTOL Integration Pilot Program selection supports US route access — Partners in Florida, New York and Texas were selected for the eIPP, creating a formal pathway to begin commercial air taxi operations and likely speeding local regulatory coordination and launch timelines. White House eIPP Selection
• Positive Sentiment: Analyst coverage leans constructive — Several brokerages and aggregator pieces show a consensus “moderate buy”/positive tilt, which can support demand and investor sentiment if guidance and milestones continue to print. Brokerage Consensus
• Neutral Sentiment: Media/analyst write-ups reframe progress vs valuation — Coverage highlights the milestone progress but also reminds investors of high valuation and execution risk; useful for context but not new company disclosures. Valuation/Risks Commentary
• Neutral Sentiment: Investor guides and features urge long‑term view — Popular outlets argue long-term upside outweighs short-term cash-burn concerns; these pieces can attract retail interest but don’t change fundamentals. Investor Feature
• Negative Sentiment: Lawsuit vs. Joby escalates legal risk and could be distracting/expensive — Archer filed suit accusing Joby of misrepresenting China reliance; litigation could draw legal costs, create uncertainty and distract management. Archer Sues Joby
• Negative Sentiment: Prospectus to issue shares to vendors raises dilution concerns — Filing to issue stock to vendors signals capital needs; if material, equity issuance could dilute existing holders and pressure the stock. Prospectus / Share Issuance

Analysts Set New Price Targets

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

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.