Archer Aviation Inc. (NYSE:ACHR – Get Free Report) insider Eric Lentell sold 3,754 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $5.00, for a total transaction of $18,770.00. Following the transaction, the insider directly owned 137,330 shares in the company, valued at approximately $686,650. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 Monday, May 18th, Eric Lentell sold 48,169 shares of Archer Aviation stock. The stock was sold at an average price of $5.95, for a total transaction of $286,605.55.
- On Friday, May 15th, Eric Lentell sold 39,967 shares of Archer Aviation stock. The stock was sold at an average price of $6.06, for a total transaction of $242,200.02.
Archer Aviation Trading Down 2.1%
NYSE ACHR opened at $5.44 on Wednesday. The company’s fifty day simple moving average is $5.98 and its 200-day simple moving average is $6.87. Archer Aviation Inc. has a 52 week low of $4.80 and a 52 week high of $14.62. 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 stock has a market cap of $4.13 billion, a P/E ratio of -4.94 and a beta of 3.14.
Key Stories Impacting Archer Aviation
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: Momentum improved as air-taxi stocks rallied broadly, with Archer benefiting from stronger sentiment across the sector and hopes that certification and commercialization are getting closer. EHang Rockets 18%, Archer Zooms 10%, Joby Rises 7% as Air Taxi Stocks Fly Higher With the Broader Market
- Positive Sentiment: Analysts and commentary highlighted Archer’s potential to double if FAA certification nears, reinforcing the bullish thesis that regulatory progress could unlock significant upside. Archer Aviation Could Double as FAA Certification Nears
- Positive Sentiment: Investors are still weighing Archer’s large conditional order book, including a multibillion-dollar commitment from United Airlines, which supports the long-term growth story versus other aerospace names. Archer Aviation vs. Karman: Which Aerospace Stock Is a Better Buy in 2026?
- Neutral Sentiment: Flight-testing updates show Archer is continuing technical validation work, but these developments are more about execution than an immediate financial catalyst. How Is Archer Aviation Advancing Through Flight-Testing Activities?
- Neutral Sentiment: Recent insider selling by Eric Lentell appears tied to tax withholding on vested equity awards, which is not necessarily a bearish signal, but it can still weigh on sentiment. Archer Aviation (NYSE:ACHR) Insider Eric Lentell Sells 3,754 Shares
- Negative Sentiment: The company remains unprofitable and recently missed quarterly expectations on both earnings and revenue, reminding investors that execution risk is still high. Archer Aviation stock performance and earnings details
Analyst Upgrades and Downgrades
Several research firms have recently commented on ACHR. Weiss Ratings reiterated a “sell (d-)” rating on shares of Archer Aviation in a research note on Monday, April 20th. Canaccord Genuity Group reduced their target price on Archer Aviation from $13.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Finally, Needham & Company LLC reduced their target price 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. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $11.83.
Check Out Our Latest Report on ACHR
Hedge Funds Weigh In On Archer Aviation
Several institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its stake in shares of Archer Aviation by 7.0% during the 4th quarter. Farther Finance Advisors LLC now owns 18,659 shares of the company’s stock valued at $140,000 after buying an additional 1,220 shares during the last quarter. Clear Creek Financial Management LLC raised its position in shares of Archer Aviation by 2.9% during the 3rd quarter. Clear Creek Financial Management LLC now owns 44,084 shares of the company’s stock valued at $422,000 after acquiring an additional 1,254 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its position in shares of Archer Aviation by 8.2% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,702 shares of the company’s stock valued at $160,000 after acquiring an additional 1,268 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Archer Aviation by 11.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 13,770 shares of the company’s stock valued at $98,000 after acquiring an additional 1,373 shares in the last quarter. Finally, Meridian Investment Counsel Inc. raised its position in shares of Archer Aviation by 3.4% during the 4th quarter. Meridian Investment Counsel Inc. now owns 43,950 shares of the company’s stock valued at $331,000 after acquiring an additional 1,440 shares in the last quarter. 59.34% of the stock is currently owned by hedge funds and other institutional investors.
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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