Archer Aviation Inc (NYSE: ACHR) is -30.15% lower on its value in year-to-date trading and has touched a low of $2.82 and a high of $12.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ACHR stock was last observed hovering at around $6.80 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $6.81, the stock is -20.96% and -26.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 23.51 million and changing 0.15% at the moment leaves the stock 23.03% off its SMA200. ACHR registered 58.74% gain for a year compared to 6-month gain of 119.68%.
The stock witnessed a -24.50% loss in the last 1 month and extending the period to 3 months gives it a -11.10%, and is -14.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.24% over the week and 12.15% over the month.
Archer Aviation Inc (ACHR) has around 1148 employees, a market worth around $3.69B and $0.00M in sales. Distance from 52-week low is 141.44% and -45.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-64.84%).
The EPS is expected to grow by 26.86% this year.
Archer Aviation Inc (ACHR) Top Institutional Holders
The shares outstanding are 503.78M, and float is at 395.11M with Short Float at 12.33%.
The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 25.46 million shares valued at $89.61 million. The investor’s holdings represent 7.6203% of the ACHR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.61 million shares valued at $69.04 million to account for 6.1242 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.07 million shares representing 3.6136% and valued at over $42.49 million, while VANGUARD GROUP INC holds 3.4884 of the shares totaling 11.17 million with a market value of $39.33 million.
Archer Aviation Inc (ACHR) Insider Activity
The most recent transaction is an insider sale by Lentell Eric, the company’s General Counsel and Secretary. SEC filings show that Lentell Eric sold 53,225 shares of the company’s common stock on Mar 05 ’25 at a price of $8.19 per share for a total of $0.44 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Mar 05 ’25, Lentell Eric (Officer) Proposed Sale 50,000 shares at an average price of $8.19 for $0.41 million. The insider now directly holds shares of Archer Aviation Inc (ACHR).
