Archer Aviation Inc. (NYSE:ACHR – Get Free Report) CTO Thomas Paul Muniz sold 94,725 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $6.46, for a total value of $611,923.50. Following the sale, the chief technology officer directly owned 1,345,430 shares in the company, valued at $8,691,477.80. The trade was a 6.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Thomas Paul Muniz also recently made the following trade(s):
- On Friday, January 2nd, Thomas Paul Muniz sold 125,000 shares of Archer Aviation stock. The shares were sold at an average price of $8.00, for a total value of $1,000,000.00.
Archer Aviation Price Performance
Shares of Archer Aviation stock opened at $6.31 on Wednesday. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of -6.38 and a beta of 3.10. 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 stock has a 50 day moving average price of $7.60 and a 200-day moving average price of $8.70. Archer Aviation Inc. has a one year low of $5.48 and a one year high of $14.62.
Archer Aviation News Roundup
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: White House/DOT selected Archer partners in Florida, New York and Texas for the eVTOL Integration Pilot Program (eIPP), creating structured pathways for early commercial routes and local regulatory coordination — a major step toward U.S. operations. Archer’s US Air Taxi Operations Take Major Step Forward
- Positive Sentiment: Archer received full FAA acceptance of its Means of Compliance for the Midnight eVTOL and announced a Starlink partnership for in‑flight connectivity — this reduces a key certification risk and improves product readiness. Archer FAA Milestone and Starlink Deal
- Positive Sentiment: Federal pilot program selections expanded testing of electric air taxis across many states, boosting sector attention and drove near‑term positive share reactions for Archer and peers. Flying taxis could soon take flight
- Neutral Sentiment: Several analyst pieces and long‑term features highlight the company’s milestone progress but also stress high valuation and cash‑burn — useful context for investors but not new company disclosures. Assessing Archer Aviation’s Valuation
- Negative Sentiment: Legal battle with Joby escalated this week — Archer filed suit and countersued alleging Joby hid China ties and defrauded the U.S. government. Litigation raises execution, reputational and cost risks that can weigh on the stock. Archer accuses rival Joby of illegal China ties (Reuters)
- Negative Sentiment: Needham cut its price target to $9, signaling reduced near‑term upside and contributing to negative analyst momentum. Needham Lowers Archer Price Target
- Negative Sentiment: Multiple insider sales (CFO, CTO and others) were recently filed, which can amplify investor concern about near‑term liquidity needs or dilution. CFO Form 4 (SEC)
- Negative Sentiment: Reports of planned share issuance to vendors / prospectus filings raise dilution concerns — any sizable equity issuance would further pressure the share base. Prospectus / Share Issuance
Wall Street Analyst Weigh In
A number of equities analysts recently commented on ACHR shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Archer Aviation in a research note on Wednesday, January 21st. Cantor Fitzgerald reissued an “overweight” rating on shares of Archer Aviation in a research report on Monday, November 24th. The Goldman Sachs Group assumed coverage on shares of Archer Aviation in a research note on Monday, December 1st. They issued a “neutral” rating and a $11.00 price objective for the company. Needham & Company LLC dropped their target price on Archer Aviation from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Finally, Canaccord Genuity Group upped their target price on Archer Aviation from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Friday, November 21st. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Archer Aviation presently has an average rating of “Moderate Buy” and a consensus target price of $12.00.
View Our Latest Analysis on Archer Aviation
Institutional Investors Weigh In On Archer Aviation
Large investors have recently added to or reduced their stakes in the stock. Johnson Investment Counsel Inc. bought a new stake in shares of Archer Aviation during the third quarter valued at approximately $29,000. Bank of Jackson Hole Trust grew 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 worth $30,000 after purchasing an additional 986 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Archer Aviation by 105.3% during 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 during the period. Sound Income Strategies LLC purchased a new position in Archer Aviation during the 3rd quarter worth $33,000. Finally, Center for Financial Planning Inc. raised its position in Archer Aviation by 138.8% during the 3rd 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.
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.
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