Archer Aviation (NYSE:ACHR) Insider Eric Lentell Sells 8,059 Shares

Archer Aviation Inc. (NYSE:ACHRGet Free Report) insider Eric Lentell sold 8,059 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $6.27, for a total transaction of $50,529.93. Following the completion of the transaction, the insider directly owned 150,119 shares of the company’s stock, valued at approximately $941,246.13. This represents a 5.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Eric Lentell also recently made the following trade(s):

  • On Thursday, March 5th, Eric Lentell sold 37,390 shares of Archer Aviation stock. The shares were sold at an average price of $6.46, for a total transaction of $241,539.40.

Archer Aviation Price Performance

NYSE ACHR opened at $6.13 on Tuesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 19.89 and a quick ratio of 19.89. The stock’s fifty day moving average price is $7.46 and its 200 day moving average price is $8.61. Archer Aviation Inc. has a 1 year low of $5.48 and a 1 year high of $14.62. The company has a market cap of $3.99 billion, a price-to-earnings ratio of -6.19 and a beta of 3.10.

Archer Aviation (NYSE:ACHRGet Free Report) last issued 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 during the quarter, compared to the consensus estimate of $1.40 million. The firm’s revenue was up 29900.0% on a year-over-year basis. As a group, equities research analysts forecast that Archer Aviation Inc. will post -1.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ACHR. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Archer Aviation in a report on Monday, November 24th. Canaccord Genuity Group raised their price target 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. Needham & Company LLC dropped their price objective 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Archer Aviation in a research note on Wednesday, January 21st. Finally, The Goldman Sachs Group assumed 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 for the company. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Archer Aviation currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.

View Our Latest Stock Analysis on ACHR

Institutional Investors Weigh In On Archer Aviation

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Archer Aviation by 45.8% in the 3rd quarter. Vanguard Group Inc. now owns 52,363,259 shares of the company’s stock valued at $501,640,000 after purchasing an additional 16,452,398 shares in the last quarter. Norges Bank purchased a new position in Archer Aviation during the fourth quarter worth approximately $58,494,000. Man Group plc boosted its position in Archer Aviation by 13,793.3% during the second quarter. Man Group plc now owns 4,212,722 shares of the company’s stock worth $45,708,000 after purchasing an additional 4,182,400 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Archer Aviation by 423.3% in the fourth quarter. BNP Paribas Financial Markets now owns 5,126,217 shares of the company’s stock valued at $38,549,000 after purchasing an additional 4,146,574 shares during the period. Finally, ARK Investment Management LLC grew its holdings in Archer Aviation by 12.4% in the fourth quarter. ARK Investment Management LLC now owns 35,170,701 shares of the company’s stock valued at $264,484,000 after purchasing an additional 3,869,252 shares during the period. 59.34% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Archer Aviation

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.

Archer Aviation Company Profile

(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.

See Also

Insider Buying and Selling by Quarter for Archer Aviation (NYSE:ACHR)

Receive News & Ratings for Archer Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer Aviation and related companies with MarketBeat.com's FREE daily email newsletter.