Yahoo Finance One Archer Aviation Inc. (NYSE:ACHR) insider upped their stake by 1.8% in the previous year
Viewing insider transactions for Archer Aviation Inc.'s (NYSE:ACHR ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Archer Aviation
The Last 12 Months Of Insider Transactions At Archer Aviation
Over the last year, we can see that the biggest insider purchase was by insider Marc Lore for US$3.1m worth of shares, at about US$6.55 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$2.71). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Marc Lore was the only individual insider to buy shares in the last twelve months.
Marc Lore purchased 2.16m shares over the year. The average price per share was US$4.44. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insiders At Archer Aviation Have Sold Stock Recently
The last three months saw significant insider selling at Archer Aviation. In total, insider Brett Adcock sold US$400k worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.
Insider Ownership Of Archer Aviation
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Archer Aviation insiders own about US$263m worth of shares (which is 40% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Do The Archer Aviation Insider Transactions Indicate?
An insider sold Archer Aviation shares recently, but they didn't buy any. In contrast, they appear keener if you look at the last twelve months. And insider ownership remains quite considerable. So we're not too bothered by recent selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Archer Aviation. Our analysis shows 3 warning signs for Archer Aviation (1 is significant!) and we strongly recommend you look at them before investing.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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