Tosha Perkins Sells 10,949 Shares of Archer Aviation (NYSE:ACHR) Stock

Archer Aviation Inc. (NYSE:ACHRGet Free Report) insider Tosha Perkins sold 10,949 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $6.27, for a total value of $68,650.23. Following the transaction, the insider directly owned 384,768 shares in the company, valued at approximately $2,412,495.36. The trade was a 2.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Tosha Perkins also recently made the following trade(s):

  • On Thursday, March 5th, Tosha Perkins sold 54,786 shares of Archer Aviation stock. The stock was sold at an average price of $6.46, for a total value of $353,917.56.

Archer Aviation Price Performance

NYSE ACHR opened at $6.29 on Wednesday. Archer Aviation Inc. has a one year low of $5.48 and a one year high of $14.62. The stock has a 50-day moving average of $7.41 and a 200 day moving average of $8.59. The company has a debt-to-equity ratio of 0.05, a quick ratio of 19.89 and a current ratio of 19.89. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of -6.35 and a beta of 3.10.

Archer Aviation (NYSE:ACHRGet Free Report) last posted its earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.09). The business had revenue of $0.30 million for the quarter, compared to analyst estimates of $1.40 million. The company’s revenue was up 29900.0% on a year-over-year basis. On average, sell-side analysts forecast that Archer Aviation Inc. will post -1.32 EPS for the current year.

Wall Street Analyst Weigh In

ACHR has been the subject of a number of research analyst reports. Needham & Company LLC cut their target price 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 reissued a “sell (d-)” rating on shares of Archer Aviation in a report on Wednesday, January 21st. Cantor Fitzgerald restated an “overweight” rating on shares of Archer Aviation in a research note on Monday, November 24th. The Goldman Sachs Group assumed coverage on Archer Aviation in a research report on Monday, December 1st. They set a “neutral” rating and a $11.00 price objective for the company. Finally, Canaccord Genuity Group increased their target price on Archer Aviation from $12.00 to $13.00 and gave the company a “buy” rating in a report on Friday, November 21st. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.00.

Read Our Latest Research Report on Archer Aviation

Archer Aviation News Summary

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

  • Positive Sentiment: Major institutional investors increased positions in Q4 (Vanguard, ARK, State Street, Morgan Stanley), signaling continued long-term conviction that can support demand and liquidity in the shares. Institutional Ownership Details
  • Positive Sentiment: Archer escalated an IP dispute with competitor Joby — a move some investors view as protecting technology and market position in the eVTOL race, which can bolster perceived defensibility. Archer escalates IP battle
  • Positive Sentiment: Recent bullish write-ups and investor commentary reiterate the long-term eVTOL thesis (low valuation vs. upside scenario), which can attract speculative buyers. Bullish write-up
  • Neutral Sentiment: Analyst coverage is mixed but leans positive: consensus is a “Moderate Buy” with an average target near $12, while broker opinions and targets vary. That creates a range of expectations rather than a clear catalyst. Analyst Ratings
  • Negative Sentiment: Insider selling: multiple senior executives sold shares on Mar 13 at ~$6.27 — CFO Priya Gupta (7,263 shares), CTO Thomas Paul Muniz (9,580), Eric Lentell (8,059) and insider Tosha Perkins (10,949). Such clustered sales can be read as a near-term negative signal even though insiders retain substantial holdings. SEC filings: Gupta filing Muniz filing Lentell filing Perkins filing
  • Negative Sentiment: Earnings and execution concerns persist: Archer missed recent EPS and revenue expectations (reported on Mar 2), and coverage highlights delivery shortfalls, FAA approval timing and postponed launches — factors that pressure near-term revenue visibility. Execution concerns

Institutional Trading of Archer Aviation

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Johnson Investment Counsel Inc. purchased a new position in shares of Archer Aviation during the 3rd quarter worth $29,000. Bank of Jackson Hole Trust increased its stake in shares of Archer Aviation by 45.9% in the 3rd quarter. Bank of Jackson Hole Trust now owns 3,136 shares of the company’s stock worth $30,000 after purchasing an additional 986 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Archer Aviation by 105.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,318 shares of the company’s stock worth $36,000 after purchasing an additional 1,702 shares in the last quarter. Sound Income Strategies LLC bought a new position in Archer Aviation in the 3rd quarter worth $33,000. Finally, Center for Financial Planning Inc. lifted its position in Archer Aviation by 138.8% during the third quarter. Center for Financial Planning Inc. now owns 3,510 shares of the company’s stock valued at $34,000 after purchasing an additional 2,040 shares in the last quarter. 59.34% of the stock is owned by hedge funds and other institutional investors.

About Archer Aviation

(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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