Archer Aviation Inc’s filing revealed that its Officer Lentell Eric acquired Company’s shares for reported $0.35 million on Mar 31 ’25. In the deal valued at $7.04 per share,50,004 shares were bought.
Then, Perkins Tosha bought 33,335 shares, generating $234,522 in total proceeds.
Before that, Muniz Thomas Paul bought 52,958 shares. Archer Aviation Inc shares valued at $372,575 were divested by the Officer at a price of $7.04 per share.
JP Morgan downgraded its Archer Aviation Inc [ACHR] rating to a Neutral from a an Overweight in a research note published on January 10, 2025; the price target was increased to $9 from $6. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. H.C. Wainwright began covering ACHR with “Buy” recommendation on September 03, 2024. Canaccord Genuity started covering the stock on June 09, 2023. It rated ACHR as “a Buy”.
Price Performance Review of ACHR
On Monday, Archer Aviation Inc [NYSE:ACHR] saw its stock fall -2.07% to $7.11. Over the last five days, the stock has lost -20.38%. Archer Aviation Inc shares have fallen nearly -27.08% since the year began. Nevertheless, the stocks have risen 50.00% over the past one year. While a 52-week high of $12.48 was reached on 01/07/25, a 52-week low of $2.82 was recorded on 03/10/25. SMA at 50 days reached $8.70, while 200 days put it at $5.87.
Levels Of Support And Resistance For ACHR Stock
The 24-hour chart illustrates a support level at 6.94, which if violated will result in even more drops to 6.76. On the upside, there is a resistance level at 7.26. A further resistance level may holdings at 7.40. The Relative Strength Index (RSI) on the 14-day chart is 39.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.19%. Stochastics %K at 27.79% indicates the stock is a holding.
How much short interest is there in Archer Aviation Inc?
A steep rise in short interest was recorded in Archer Aviation Inc stocks on 2025-03-14, growing by 6.13 million shares to a total of 54.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 48.73 million shares. There was a rise of 11.17%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 27, 2022 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $8 price target.
