Archer Aviation Inc. (NYSE:ACHR – Get Free Report) insider Eric Lentell sold 48,169 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $5.95, for a total transaction of $286,605.55. Following the completion of the sale, the insider owned 141,084 shares in the company, valued at $839,449.80. This represents a 25.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Eric Lentell also recently made the following trade(s):
- On Friday, May 15th, Eric Lentell sold 39,967 shares of Archer Aviation stock. The shares were sold at an average price of $6.06, for a total transaction of $242,200.02.
- On Friday, March 13th, Eric Lentell sold 8,059 shares of Archer Aviation stock. The shares were sold at an average price of $6.27, for a total transaction of $50,529.93.
- 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 Stock Performance
Shares of Archer Aviation stock opened at $5.79 on Thursday. Archer Aviation Inc. has a fifty-two week low of $4.80 and a fifty-two week high of $14.62. The company has a debt-to-equity ratio of 0.06, a current ratio of 18.06 and a quick ratio of 18.06. The firm has a market capitalization of $4.31 billion, a P/E ratio of -5.26 and a beta of 3.13. The company’s 50 day moving average price is $5.85 and its two-hundred day moving average price is $7.17.
Wall Street Analysts Forecast Growth
ACHR has been the subject of a number of recent research reports. Canaccord Genuity Group decreased their price objective on Archer Aviation from $13.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Archer Aviation in a research report on Monday, April 20th. Finally, Needham & Company LLC lowered 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. Five analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $11.83.
Check Out Our Latest Research Report on Archer Aviation
Key Stories Impacting Archer Aviation
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: Seeking Alpha upgraded Archer Aviation (ACHR) to Buy with an $8–$10 price target, saying the company has accelerated FAA certification progress and now has multiple potential 2026 revenue drivers, including UAE commercial operations, the U.S. eVTOL Integration Pilot Program, and defense contracts. The note also highlighted a stronger liquidity position and lower regulatory risk after Archer became the first eVTOL company to enter Phase 4 of FAA certification. Article Title
- Positive Sentiment: Analysts remain broadly constructive overall, with multiple recent Buy ratings and price targets above the current share price, which supports the view that Wall Street still sees upside if Archer keeps advancing certification and commercialization. Article Title
- Neutral Sentiment: Archer’s CFO, CTO, CAO, and another insider disclosed stock sales, but the filings say the transactions were made to cover tax withholding obligations tied to vesting equity awards rather than a strategic exit. Still, the volume of insider selling can weigh on investor sentiment. Article Title
- Neutral Sentiment: News about the ongoing legal battle between Archer and rival Joby over California air-taxi competition adds noise to the story, but it does not appear to change the core investment case as much as certification progress and funding updates. Article Title
- Negative Sentiment: The stock is also reacting to reminders that Archer is still early in commercialization, recently missing earnings and revenue estimates, which keeps pressure on the shares until the company proves it can convert certification progress into meaningful sales. Article Title
Hedge Funds Weigh In On Archer Aviation
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Western Wealth Management LLC lifted its holdings in Archer Aviation by 22.0% in the first quarter. Western Wealth Management LLC now owns 22,962 shares of the company’s stock valued at $119,000 after buying an additional 4,144 shares during the period. Bank of America Corp DE lifted its holdings in Archer Aviation by 33.2% in the first quarter. Bank of America Corp DE now owns 2,136,942 shares of the company’s stock valued at $11,048,000 after buying an additional 532,762 shares during the period. Amundi lifted its holdings in Archer Aviation by 134.9% in the first quarter. Amundi now owns 71,397 shares of the company’s stock valued at $369,000 after buying an additional 41,008 shares during the period. California State Teachers Retirement System lifted its holdings in Archer Aviation by 21.0% in the first quarter. California State Teachers Retirement System now owns 716,066 shares of the company’s stock valued at $3,702,000 after buying an additional 124,052 shares during the period. Finally, SummitTX Capital L.P. acquired a new position in Archer Aviation in the first quarter valued at $709,000. Institutional investors and hedge funds own 59.34% of the company’s stock.
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.
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