Archer Aviation (NYSE:ACHR) Trading Down 2.1% After Insider Selling

Archer Aviation Inc. (NYSE:ACHR)’s stock price dropped 2.1% during trading on Wednesday following insider selling activity. The company traded as low as $5.74 and last traded at $5.7850. Approximately 46,817,242 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 35,284,105 shares. The stock had previously closed at $5.91.

Specifically, CFO Priya Gupta sold 9,860 shares of Archer Aviation stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $5.95, for a total value of $58,667.00. Following the sale, the chief financial officer owned 189,050 shares of the company’s stock, valued at approximately $1,124,847.50. The trade was a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Eric Lentell sold 48,169 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $839,449.80. This represents a 25.45% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In other Archer Aviation news, insider Eric Lentell sold 39,967 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $6.06, for a total value of $242,200.02. Following the completion of the sale, the insider owned 189,253 shares in the company, valued at $1,146,873.18. This trade represents a 17.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ACHR shares. Canaccord Genuity Group reduced their price target on Archer Aviation from $13.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Needham & Company LLC reduced their price target on Archer Aviation from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research note on Monday, April 20th. Five 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, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $11.83.

Key Headlines Impacting Archer Aviation

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

• Positive Sentiment: Seeking Alpha upgraded Archer Aviation to Buy with an $8–$10 price target, citing faster-than-expected FAA certification progress and new revenue opportunities. The report says Archer became the first eVTOL company to reach Phase 4 of FAA certification, which could reduce regulatory risk and speed commercialization. Article title
• Positive Sentiment: The same analysis highlighted several potential 2026 revenue drivers, including commercial operations in the UAE, the U.S. eVTOL Integration Pilot Program, and defense contracts, with projected revenue of $30 million to $60 million and about $1.2 billion in year-end liquidity. Article title
• Neutral Sentiment: Several insider sales were disclosed, including CFO Priya Gupta, CTO Thomas Paul Muniz, and insider Eric Lentell. The company said the sales were made to cover tax withholding obligations related to equity vesting, which makes the moves less concerning, but they can still weigh on sentiment. Article title
• Neutral Sentiment: Coverage on Archer’s ongoing legal and competitive battle with rival Joby Aviation added noise around the stock, but did not indicate a major new fundamental development. Article title
• Negative Sentiment: Recent earnings remain weak: Archer reported a quarterly loss of $0.28 per share versus expectations for a $0.25 loss, and revenue of $1.60 million also came in slightly below estimates. That reinforces concerns about cash burn and how far the company still is from meaningful commercial revenue. Article title

Archer Aviation Price Performance

The company’s 50-day moving average is $5.87 and its 200-day moving average is $7.21. The company has a current ratio of 18.06, a quick ratio of 18.06 and a debt-to-equity ratio of 0.06. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of -5.26 and a beta of 3.13.

Archer Aviation (NYSE:ACHR) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.03). The firm had revenue of $1.60 million during the quarter, compared to the consensus estimate of $1.66 million. During the same quarter last year, the firm posted ($0.17) EPS. Equities research analysts predict that Archer Aviation Inc. will post -1.51 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Western Wealth Management LLC raised its stake in Archer Aviation by 22.0% during the first quarter. Western Wealth Management LLC now owns 22,962 shares of the company’s stock worth $119,000 after acquiring an additional 4,144 shares in the last quarter. Bank of America Corp DE raised its stake in Archer Aviation by 33.2% during the first quarter. Bank of America Corp DE now owns 2,136,942 shares of the company’s stock worth $11,048,000 after acquiring an additional 532,762 shares in the last quarter. Amundi lifted its stake in Archer Aviation by 134.9% in the 1st quarter. Amundi now owns 71,397 shares of the company’s stock valued at $369,000 after purchasing an additional 41,008 shares during the last quarter. California State Teachers Retirement System lifted its stake in Archer Aviation by 21.0% in the 1st quarter. California State Teachers Retirement System now owns 716,066 shares of the company’s stock valued at $3,702,000 after purchasing an additional 124,052 shares during the last quarter. Finally, SummitTX Capital L.P. acquired a new stake in shares of Archer Aviation during the 1st 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.