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

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 value of $147,455.96. Following the transaction, the chief accounting officer directly owned 65,458 shares of the company’s stock, valued at approximately $422,858.68. The trade was a 25.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Archer Aviation Price Performance

Shares of Archer Aviation stock traded up $0.27 during mid-day trading on Monday, reaching $6.53. 29,922,469 shares of the stock were exchanged, compared to its average volume of 30,831,696. Archer Aviation Inc. has a fifty-two week low of $5.48 and a fifty-two week high of $14.62. The company has a market cap of $4.25 billion, a price-to-earnings ratio of -6.59 and a beta of 3.10. The firm has a 50-day simple moving average of $7.62 and a 200 day simple moving average 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.

Archer Aviation (NYSE:ACHR) last released its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.09). The business had revenue of $0.30 million for the quarter, compared to analysts’ expectations of $1.40 million. The company’s revenue for the quarter was up 29900.0% compared to the same quarter last year. On average, sell-side analysts predict that Archer Aviation Inc. will post -1.32 EPS for the current fiscal year.

Institutional Investors Weigh In On Archer Aviation

A number of institutional investors and hedge funds have recently modified their holdings of ACHR. Bank of Jackson Hole Trust boosted its stake in Archer Aviation by 45.9% in the third quarter. Bank of Jackson Hole Trust now owns 3,136 shares of the company’s stock valued at $30,000 after acquiring an additional 986 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its stake in shares of Archer Aviation by 2.5% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 46,262 shares of the company’s stock valued at $443,000 after purchasing an additional 1,107 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Archer Aviation by 7.0% in the 4th 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. HighPoint Advisor Group LLC grew its stake in shares of Archer Aviation by 3.6% during the third quarter. HighPoint Advisor Group LLC now owns 35,919 shares of the company’s stock worth $344,000 after purchasing an additional 1,237 shares during the period. Finally, Clear Creek Financial Management LLC increased its holdings in Archer Aviation by 2.9% in the third quarter. Clear Creek Financial Management LLC now owns 44,084 shares of the company’s stock valued at $422,000 after purchasing an additional 1,254 shares during the last quarter. 59.34% of the stock is owned by institutional investors.

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

Wall Street Analysts Forecast Growth

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

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.