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Eric Lentell, Chief Legal & Strategy Officer at Archer Aviation Inc. (NYSE:ACHR), sold 48,936 shares of Class A Common Stock on August 18th, 2025. The shares were sold at a weighted average price of $9.8295, for a total value of $481,016. Prices for the sales ranged from $9.62 to $10.21.
On the same day, Lentell also exercised options to acquire a total of 96,454 shares of Archer Aviation’s Class A Common Stock, through the conversion of Restricted Stock Units. The exercise price for these options was $0. The transaction occurred in a company with a market capitalization of $1.49 billion, which maintains strong liquidity with a current ratio of 22.3. Want deeper insights into insider trading patterns and 12+ additional exclusive ProTips? Discover more with InvestingPro.
In other recent news, Archer Aviation reported its earnings for the second quarter of 2025, revealing a net loss per share that was larger than analysts had anticipated. Despite this earnings miss, the company continues to invest in its eVTOL technology and manufacturing capabilities, indicating a strategic focus on future growth. Archer’s Midnight aircraft recently completed a 55-mile piloted flight, marking its longest journey to date, with speeds exceeding 126 mph. This test flight was conducted at the company’s facility in California, demonstrating progress in their aircraft development.
Benchmark has reiterated its Buy rating on Archer Aviation, maintaining a $12 target price, highlighting advancements in eVTOL certification and a growing defense technology portfolio. The firm notes that Archer’s certification campaign is progressing, with 15% of compliance verification documents approved by the FAA. Cantor Fitzgerald also reiterated its Overweight rating with a $13 target, citing Archer’s manufacturing ramp-up and progress toward commercialization. Archer plans to produce six additional aircraft, with three in final assembly, aiming for commercialization in the fourth quarter of 2025, initially targeting the U.A.E. market.
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