Archer Aviation (NYSE:ACHR) CAO Harsh Rungta Sells 13,880 Shares of Stock

Archer Aviation Inc. (NYSE:ACHR) CAO Harsh Rungta sold 13,880 shares of Archer Aviation stock in a transaction on Monday, August 17th. The stock was sold at an average price of $6.41, for a total value of $88,970.80. Following the transaction, the chief accounting officer directly owned 110,847 shares of the company’s stock, valued at approximately $710,529.27. This represents a 11.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Archer Aviation Stock Down 1.5%

Archer Aviation stock opened at $6.29 on Wednesday. Archer Aviation Inc. has a fifty-two week low of $4.30 and a fifty-two week high of $14.62. The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of -5.83 and a beta of 3.20. The stock’s fifty day moving average is $5.23 and its two-hundred day moving average is $5.90. The company has a debt-to-equity ratio of 0.06, a quick ratio of 10.21 and a current ratio of 10.21.

Archer Aviation (NYSE:ACHR) last released its quarterly earnings data on Monday, August 10th. The company reported ($0.34) EPS for the quarter, hitting the consensus estimate of ($0.34). The business had revenue of $5.00 million during the quarter, compared to analysts’ expectations of $1.94 million. Analysts predict that Archer Aviation Inc. will post -1.4 EPS for the current fiscal year.

Hedge Funds Weigh In On Archer Aviation

Several institutional investors and hedge funds have recently modified their holdings of the company. Seven Grand Managers LLC acquired a new position in shares of Archer Aviation in the 4th quarter valued at about $22,560,000. Norges Bank purchased a new position in Archer Aviation in the fourth quarter valued at approximately $58,494,000. California State Teachers Retirement System lifted its position in Archer Aviation by 21.0% during 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 in the last quarter. Vanguard Group Inc. grew its stake in Archer Aviation by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 54,676,158 shares of the company’s stock worth $411,165,000 after buying an additional 2,312,899 shares during the period. Finally, Geode Capital Management LLC grew its stake in Archer Aviation by 14.9% during the fourth quarter. Geode Capital Management LLC now owns 14,385,647 shares of the company’s stock worth $108,197,000 after buying an additional 1,867,648 shares during the period. Hedge funds and other institutional investors own 59.34% of the company’s stock.

Analyst Ratings Changes

ACHR has been the subject of a number of recent research reports. HC Wainwright reissued a “buy” rating on shares of Archer Aviation in a research note on Tuesday, August 11th. Barclays upgraded Archer Aviation to a “hold” rating in a report on Wednesday, July 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $11.00 price target on shares of Archer Aviation in a research report on Tuesday, August 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Archer Aviation in a report on Friday, July 17th. Finally, UBS Group reaffirmed an “overweight” rating on shares of Archer Aviation in a research note on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Archer Aviation has an average rating of “Hold” and a consensus target price of $11.50.

Archer Aviation News Roundup

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

• Positive Sentiment: Archer CEO Adam Goldstein outlined a strategy involving Boeing and a roadmap toward autonomous flight during the company’s second-quarter earnings call. The developments reinforce Archer’s commercial and technology ambitions, although execution and regulatory approval remain key risks. Archer Aviation Q2 2026 Earnings Call Transcript
• Positive Sentiment: Coverage highlighted Boeing’s backing and Archer’s potential to reshape urban air mobility, supporting the investment case for the electric-aircraft developer. The opportunity remains highly dependent on certification, production and commercialization milestones. Archer Aviation and Boeing’s Backing
• Neutral Sentiment: Archer was discussed in the context of a muted small-cap trading session, suggesting broader market conditions—not just company-specific news—are influencing ACHR’s performance. Archer Aviation in a Muted Small-Cap Session
• Negative Sentiment: Three Archer insiders sold shares on August 17 at approximately $6.41: Eric Lentell sold 52,762 shares, CFO Priya Gupta sold 10,015, and CAO Harsh Rungta sold 13,880. The transactions totaled about $491,000 and reduced their holdings, which can weigh on sentiment. However, all three filings said the sales were made to cover tax withholding obligations from vested equity awards, making them less concerning than discretionary insider selling. Archer Aviation Insider Sales

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.