Oscar Munoz Acquires Shares in Archer Aviation Inc.
Oscar Munoz purchased shares of Archer Aviation Inc. on June 26, 2026.
Key Points
- Oscar Munoz bought 19,102 shares of Archer Aviation Inc. on June 26, 2026, with shares trading at $4.74.
- Archer Aviation Inc. has a market cap of $3.72 billion and a 52-week range of $4.71 to $14.62.
- Canaccord Genuity maintained a 'buy' rating for Archer Aviation with a $12 target on May 12, 2026.
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Oscar Munoz recently bought 19,102 shares of Archer Aviation Inc. (NYSE:ACHR) on June 26, 2026. This insider transaction highlights Munoz's involvement with the company. Shares of Archer Aviation traded at $4.74 on Wednesday.
Insider Buying and Selling at Archer Aviation Inc.
Oscar Munoz acquired 19,102 shares of Archer Aviation on June 26, 2026. This transaction wasn't part of a pre-planned trading scheme. On the same day, Maria Pinelli also bought 40,983 shares, while Deborah Diaz and Michael Spellacy each sold 19,102 shares.
Other Institutional Activity in Archer Aviation
Several institutional investors have adjusted their positions in Archer Aviation. BlackRock, Inc. increased its holdings by 1,537,251 shares, ending with 58,898,973 shares valued at about $304.5 million, a 2.7% increase. State Street Corp added 10,871,444 shares, now holding 43,644,580 shares worth approximately $225.6 million, marking a 33.2% increase. ARK Investment Management LLC grew its stake by 2,266,361 shares to a total of 37,437,062 shares valued at $193.5 million, a 6.4% increase. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions, with 24,545,543 and 23,073,534 shares, respectively.
Archer Aviation Inc. Stock Down 18.1%
On Wednesday, Archer Aviation Inc. (NYSE:ACHR) shares were trading around $4.74. The company has a market cap of approximately $3.72 billion. While it currently has no meaningful P/E ratio due to lack of profitability, its forward P/E is reported as -5.14. Archer's stock has seen a 52-week low of $4.71 and a high of $14.62. The stock maintains a 50-day moving average of $5.92 and a 200-day moving average of $7.64. With a beta of 3.146, Archer's stock is significantly more volatile than the broader market.
$ACHR stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On May 12, 2026, Canaccord Genuity maintained its 'buy' rating for Archer Aviation, setting a price target of $12. Needham also kept a 'buy' rating, targeting $9 on March 3, 2026. The average analyst target price for Archer Aviation is $10.61, based on 9 opinions.
About Archer Aviation Inc.
Archer Aviation Inc., based in San Jose, California, is an aerospace company specializing in the design and development of electric vertical takeoff and landing (eVTOL) aircraft. These aircraft are intended for urban air taxi operations and serve both commercial and defense sectors. Led by CEO Adam D. Goldstein, Archer employs around 1,160 people.
Bottom Line
Oscar Munoz's recent purchase of Archer Aviation shares is notable as insider transactions can sometimes indicate confidence in a company's future. Archer Aviation operates in the innovative eVTOL aircraft sector, which is attracting significant investor interest. As always, it's important to remember that insider trades are just one piece of the investment puzzle.
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