Archer Aviation (ACHR) Insider Spellacy Sells 19,102 Shares
Insider Michael Spellacy sold shares as part of a broader insider trading day at Archer Aviation.
Reviewed by automated data checks against the source filing. How we make and check alerts
Michael Spellacy sold 19,102 shares of Archer Aviation Inc. ($ACHR) on June 26, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $ACHR is up 10.3% after 1 week, up 1.6% after 1 month and down 16.4% to date (from the $4.87 close on Jun 26, 2026).
ACHR
Archer Aviation Inc.
Key Points
- On June 26, 2026, Michael Spellacy sold 19,102 shares of Archer Aviation (ACHR) at a current price of $4.74.
- The stock is currently trading near its 52-week low of $3.97, which may impact investor sentiment.
- Analysts have a positive outlook for Archer Aviation, with a mean price target of about $10.89.
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Insider Buying and Selling at Archer Aviation Inc.
On June 26, 2026, Michael Spellacy sold 19,102 shares of Archer Aviation Inc. (ACHR) at a price of $4.74 per share. This sale occurred during a busy day of insider trading, with several other executives also buying or selling shares on the same day.
What Changed in Spellacy's Position
Michael Spellacy's sale of 19,102 shares reflects a strategic decision amid a flurry of insider trading activity. His transaction comes as the stock trades near its 52-week low, which could signal various market dynamics at play.
Institutional Peers and Insider Activity
On the same day, other insiders at Archer Aviation were active as well. Deborah Diaz acquired 40,983 shares, Fred Diaz bought 19,102 shares, and Oscar Munoz also purchased 19,102 shares. This mix of buying and selling among insiders may indicate differing perspectives on the company's future.
Stock Performance Context
Archer Aviation's stock is currently trading at $4.74, which is close to its 52-week low of $3.97. The stock has fluctuated between a high of $12.13 and a low of $3.97 over the past year. This recent trading range may affect how investors view the company's outlook, especially with the next earnings report scheduled for November 5, 2026.
Analysts Set New Price Targets
Analysts are generally optimistic about Archer Aviation. On October 9, 2026, Barclays upgraded the stock to an Overweight rating with a price target of $8.00, up from a prior target of $4.50. Additionally, Cantor Fitzgerald reiterated its Overweight rating with a target of $11.00 on August 11, 2026. The consensus target mean price stands at $10.89, suggesting a favorable outlook based on analyst opinions.
What Archer Aviation Inc. Does
Archer Aviation Inc. designs and develops electric vertical takeoff and landing (eVTOL) aircraft, primarily for urban air taxi operations. This innovative approach places the company at the forefront of changes in the aerospace and defense industry, making its stock movements particularly noteworthy.
What's Ahead for Archer Aviation Inc.
Investors will be watching for Archer Aviation's next earnings report on November 5, 2026. The recent insider transactions reflect positions as of June 26, 2026, and may not represent the current holdings of these executives. As the company continues to navigate the market, both insider actions and analyst ratings will be key factors to monitor.
Related Filing Alerts
Source: Michael Spellacy's Form 4 filing on $ACHR (Jun 26, 2026). Find the original filing: ACHR Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts