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Archer Aviation Stock Trends: Trading Volume, Insider Sales, and Analyst Ratings
Archer Aviation Inc. (NYSE: ACHR) has caught the eye of several institutional investors in recent quarters, signaling renewed confidence in the electric vertical takeoff and landing (eVTOL) aircraft company. The stock experienced notable trading activity, insider transactions, and analyst attention, underscoring its growing significance in the aviation and emerging tech sectors.
Burr Financial Services Enters Archer Aviation
During the second quarter, Burr Financial Services LLC acquired 40,405 shares of Archer Aviation, worth approximately $438,000, according to its latest Securities and Exchange Commission filing. This purchase positions Archer as the 20th largest holding in Burr Financial Services’ portfolio, representing 0.4% of its total investments.
Other major institutional investors also increased their stakes. California State Teachers Retirement System added 50,104 shares in Q4, bringing its total holdings to 241,396 shares valued at $2.35 million. Meanwhile, New York State Common Retirement Fund increased its position by 47.6%, holding 100,087 shares worth $712,000.
Private Advisor Group LLC surged its investment by an impressive 429.6%, now owning 272,072 shares totaling $1.93 million, while Virtu Financial LLC expanded its stake by 704.2% to 359,555 shares valued at $2.56 million. Finally, the Swiss National Bank raised its position by 42.4%, owning 728,900 shares worth $5.18 million. Currently, 59.34% of Archer Aviation stock is held by hedge funds and institutional investors.
Stock Performance and Market Metrics
Archer Aviation shares closed Thursday at $9.27, up 3.0% ($0.27), with a trading volume of 35.5 million shares, slightly above its average of 32 million. The company has a market capitalization of $5.98 billion, a P/E ratio of -6.87, and a beta of 3.07, highlighting the stock’s volatility.
Technical indicators show the 50-day moving average at $9.90 and the 200-day average at $9.33. Archer’s 52-week low sits at $2.82, while the 52-week high reached $13.92. The company maintains strong liquidity metrics, with a debt-to-equity ratio of 0.05, a quick ratio of 22.3, and a current ratio of 22.3.
Quarterly Earnings Report
Archer Aviation released its quarterly results on August 11, reporting a loss of $0.36 per share, missing consensus estimates of $0.24 by $0.12. Analysts predict that the company will post an EPS of -1.32 for the current fiscal year.
Analyst Ratings and Price Targets
Several top firms have commented on Archer Aviation’s outlook:
- Cantor Fitzgerald reaffirmed an “overweight” rating.
- JPMorgan Chase & Co. raised its price target from $9.00 to $10.00 and gave a “neutral” rating.
- Needham & Company LLC maintained a “buy” rating with a $13.00 target.
- HC Wainwright set an $18.00 price objective with a “buy” rating.
- UBS Group also reiterated a “buy” rating.
Of the eight research analysts covering Archer, seven have Buy ratings, and one has a Hold, with a consensus price target of $13.43 and an overall Moderate Buy outlook.
Insider Activity
Recent insider transactions highlight notable shifts in Archer stock ownership. Eric Lentell, an insider, sold 48,936 shares on August 18 at an average price of $9.83, totaling $481,041, reducing his holdings by 50.74% to 47,518 shares.
Additionally, CFO Priya Gupta sold 10,224 shares on the same day, raising $100,502, decreasing her stake by 6.5% to 147,153 shares. Collectively, insiders sold 283,964 shares worth $2.87 million during the last quarter, representing 7.65% of total insider ownership.
Archer Aviation continues to attract institutional capital and analyst interest despite recent losses. The combination of strategic investments, positive analyst sentiment, and active trading underscores investor confidence in the company’s long-term potential within the eVTOL sector.
As Archer navigates its growth trajectory, market observers will closely watch how these institutional moves, insider transactions, and earnings trends shape the stock’s momentum in the coming quarters.
