Archer Aviation Inc (NYSE: ACHR) is 197.26% higher on its value in year-to-date trading and has touched a low of $2.82 and a high of $13.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ACHR stock was last observed hovering at around $10.47 in the last trading session, with the day’s gains setting it 32939989.53%.
Currently trading at $32939999.999999996, the stock is 4.19% and 9.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 45.55 million and changing 3.63% at the moment leaves the stock 43.56% off its SMA200. ACHR registered 11.28% gain for a year compared to 6-month loss of 0.46%. The firm has a 50-day simple moving average (SMA 50) of $9.9396 and a 200-day simple moving average (SMA200) of $7.558.
The stock witnessed a 2.36% gain in the last 1 month and extending the period to 3 months gives it a 49.45%, and is 8.50% up 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 7.09% over the week and 6.59% over the month.
Archer Aviation Inc (ACHR) has around 1148 employees, a market worth around $6.88B and $0.00M in sales. Distance from 52-week low is 284.67% and -22.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-47.32%).
with sales reaching $200k over the same period.The EPS is expected to grow by 32.59% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Archer Aviation Inc (ACHR) Top Institutional Holders
478.0 institutions hold shares in Archer Aviation Inc (ACHR), with institutional investors hold 41.46% of the company’s shares. The shares outstanding are 548.88M, and float is at 516.12M with Short Float at 12.77%. Institutions hold 34.55% of the Float.
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 5.8709 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 3.3442 of the shares totaling 11.17 million with a market value of $39.33 million.
Archer Aviation Inc (ACHR) Insider Activity
Archer Aviation Inc disclosed in a document filed with the SEC on May 16 ’25 that Muniz Thomas Paul (CHIEF TECHNOLOGY OFFICER) sold a total of 80,919 shares of the company’s common stock. The trade occurred on May 16 ’25 and was made at $12.99 per share for $1.05 million. Following the transaction, the insider now directly holds 1.25 million shares of the ACHR stock.
Still, SEC filings show that on May 16 ’25, Perkins Tosha (CHIEF PEOPLE PARTNERSHIPS OFF.) disposed off 40,186 shares at an average price of $12.99 for $0.52 million. The insider now directly holds 256,799 shares of Archer Aviation Inc (ACHR).