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

Archer Aviation Inc. (NYSE:ACHR) insider Tosha Perkins sold 10,949 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $6.27, for a total transaction of $68,650.23. Following the completion of the sale, the insider directly owned 384,768 shares of the company’s stock, valued at $2,412,495.36. The trade was a 2.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

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

Archer Aviation Stock Up 1.6%

ACHR stock traded up $0.10 during trading on Monday, hitting $6.13. 34,232,629 shares of the company’s stock traded hands, compared to its average volume of 29,777,946. The firm has a market capitalization of $3.99 billion, a P/E ratio of -6.19 and a beta of 3.10. Archer Aviation Inc. has a 1 year low of $5.48 and a 1 year high of $14.62. The company has a quick ratio of 19.89, a current ratio of 19.89 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $7.46 and a two-hundred day simple moving average of $8.61.

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Archer Aviation

Large investors have recently modified their holdings of the business. AQR Capital Management LLC acquired a new position in shares of Archer Aviation during the first quarter valued at about $293,000. Integrated Wealth Concepts LLC boosted its stake in Archer Aviation by 11.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 13,770 shares of the company’s stock worth $98,000 after purchasing an additional 1,373 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Archer Aviation by 44.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 192,164 shares of the company’s stock worth $1,366,000 after purchasing an additional 59,317 shares during the last quarter. NewEdge Advisors LLC grew its position in Archer Aviation by 5.1% during the 1st quarter. NewEdge Advisors LLC now owns 35,739 shares of the company’s stock worth $254,000 after purchasing an additional 1,738 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Archer Aviation by 51.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 844,017 shares of the company’s stock valued at $6,001,000 after purchasing an additional 285,414 shares in the last quarter. Hedge funds and other institutional investors own 59.34% of the company’s stock.

Key Archer Aviation News

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

• Positive Sentiment: Bullish write-ups highlight upside arguments for Archer (low valuation metrics cited, long-term eVTOL growth thesis) that can attract buyers and speculative interest. Article Title
• Positive Sentiment: Additional bullish summary and thesis coverage (Investor commentary on X summarized by a blog) reiterates reasons some investors view ACHR as a contrarian buy. Article Title
• Positive Sentiment: Archer has escalated an intellectual-property dispute with competitor Joby — a move that may be intended to protect tech/market position and reassure some investors about defensibility in the eVTOL race. Article Title
• Negative Sentiment: Operational and execution concerns: reporting highlights that Archer has delivered far fewer aircraft than earlier targets, FAA approvals remain a gating factor, and planned launches (e.g., Abu Dhabi) have been postponed — items that pressure valuation and near-term revenue visibility. Article Title
• Negative Sentiment: Insider selling: three senior executives disclosed sales on March 13 (CFO Priya Gupta, insider Eric Lentell, and CTO Thomas Paul Muniz). Combined trades total ~24,900 shares sold at ≈$6.27 each; these reduce insider holdings and can be interpreted as a negative signal to some investors (though filings show the officers still hold substantial positions). SEC filings: Read More., Read More., Read More.

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.