Cresset Asset Management Sells Over 115,000 Shares of Archer Aviation
Cresset Asset Management LLC has significantly reduced its stake in Archer Aviation Inc., according to its most recent filing with the Securities and Exchange Commission. The investment firm sold 115,252 shares during the fourth quarter, a decrease of 98.0% in its holdings. Following this transaction, Cresset Asset Management now owns just 2,306 shares of the urban air mobility company. The remaining shares are valued at approximately $13,000. This move is part of a broader trend of institutional investors adjusting their positions in Archer Aviation.
Official Source: https://www.marketbeat.com/instant-alerts/filing-cresset-asset-management-llc-sells-115252-shares-of-archer-aviation-inc-achr-2026-03-08/
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