Alta Fundamental Advisors Trims $13 Million Archer Aviation Position After Stock Hit 52-Week High
Alta Fundamental Advisors sold roughly one-quarter of its Archer Aviation shares after the stock popped in the third quarter.Alta Fundamental Advisers LLC disclosed a sale of 393,800 shares of Archer Aviation Inc., reducing its position by an estimated $5.97 million, per its Nov. 13, 2025, SEC filing.What happenedAccording to its SEC filing dated Nov. 13, 2025, Alta Fundamental Advisers reduced its stake in Archer Aviation (ACHR 3.01%) by 393,800 shares during the third quarter. This brought its total holdi ...