The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Archer Aviation Inc shares valued at $1,050,968 were sold by Muniz Thomas Paul on May 16 ’25. At $12.99 per share, Muniz Thomas Paul sold 80,919 shares. The insider’s holdings dropped to 1,253,294 shares worth approximately $13.28 million following the completion of this transaction.
Also, Perkins Tosha sold 40,186 shares, netting a total of over 521,932 in proceeds. Following the sale of shares at $12.99 each, the insider now holds 256,799 shares.
Before that, Mesler Mark had sold 50,775 shares from its account. In a trade valued at $659,461, the CHIEF FINANCIAL OFFICER traded Archer Aviation Inc shares for $12.99 each. Upon closing the transaction, the insider’s holdings decreased to 50,775 shares, worth approximately $7.54 million.
As published in a research note from JP Morgan on January 10, 2025, Archer Aviation Inc [ACHR] has been rated down from an Overweight to a Neutral and the price target has been revised to $9 from $6. Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in mid November. As of September 03, 2024, H.C. Wainwright has initiated its “Buy” rating for ACHR. Earlier on June 09, 2023, Canaccord Genuity initiated its rating. Their recommendation was “a Buy” for ACHR stock.
Analyzing ACHR Stock Performance
During the last five days, there has been a drop of approximately -13.04%. Over the course of the year, Archer Aviation Inc shares have jumped approximately 8.72%. Shares of the company reached a 52-week high of $13.92 on 05/16/25 and a 52-week low of $5.48 on 04/07/25.
Support And Resistance Levels for Archer Aviation Inc (ACHR)
According to the 24-hour chart, there is a support level at 10.28, which, if violated, would cause prices to drop to 9.95. In the upper region, resistance lies at 10.89. The next price resistance is at 11.17. RSI (Relative Strength Index) is 56.54 on the 14-day chart, showing neutral technical sentiment.
