Early Access — free while we kick the tires
EdgarHawk

Stellantis N.V.

10% Owner

10% Owner
3 filings analyzed · 1 company · Latest 2024-12-13

Companies

Company Buys Sells Direction
Archer Aviation Inc. ACHR 3 0 Net buying

Activity

December 2024
2024-12-13 Archer Aviation Inc. ACHR
medium
Buy
751,879 shares
$4,999,995
Significance 4/10

Stellantis (10% owner) bought 751,879 shares of Archer Aviation at $6.65 on 2024-12-11 for $5.0M, expanding stake to 60.49M shares despite unprofitability.

Stellantis, a major shareholder with 60.49M shares post-transaction, deployed $5.0M to add 751,879 shares of unprofitable Archer Aviation at $6.65, even as the company carries a full-year net loss of $115.3M. The stock has surged 96.0% in the past 30 days and 153.5% over 90 days, trading near its 52-week high at $8.39 (only 12.3% below the peak at $9.57). Stellantis' prior five purchases at ACHR show a 0 of 5 record of positive 90-day returns, with three earlier 2024 buys followed by declines ranging from -31.8% to -37.1%. The timing of this purchase during a steep rally and amid ongoing losses mirrors a pattern that has not yielded favorable outcomes on Stellantis' prior accumulation efforts at this ticker.

August 2024
2024-08-09 Archer Aviation Inc. ACHR
medium
Buy
2,982,089 shares
$9,989,998
Significance 3/10

10% owner Stellantis buys 2,982,089 shares of ACHR for $10.0M; stock down 49.6% from 52-week high, company unprofitable

Stellantis, a 10% shareholder, purchased 2,982,089 shares at $3.35 on 2024-08-08, increasing its stake by 5.3% to 59,734,962 shares. The purchase occurs after ACHR has declined 49.6% from its 52-week high of $7.22 and fallen 17.1% over the prior 30 days, while the company reported a net loss of $106,900,000 for its most recent fiscal year. Stellantis's prior trades at ACHR show a 0% 90-day win rate, with four measured historical purchases at this ticker producing average 90-day returns of -31.6%, and his cross-ticker buy record similarly weak at -7.6% average 30-day return and -28.6% average 90-day return with 0% win rate. The current stock price of $3.64 remains below the transaction price of $3.35, reflecting continued downward momentum since the August purchase.

July 2024
2024-07-03 Archer Aviation Inc. ACHR
medium
Buy
17,401,153 shares
$54,999,824
Significance 4/10

Stellantis (10% owner) purchased 17,401,153 shares of ACHR at $3.16 on 2024-07-01; position now 56.75M shares (+44.2%). All 5 prior ACHR buys underperformed at 90 days.

Stellantis executed a substantial $55.0M open-market purchase of Archer Aviation, increasing its stake from 39.35M to 56.75M shares at $3.16 per share on 2024-07-01. The current price of $4.21 represents a 33.2% gain from the transaction price, though the stock is -41.7% from its 52-week high. However, this insider's track record raises significant questions about timing accuracy: across 5 prior purchases at ACHR alone, all 5 trades showed negative 90-day returns (ranging from -31.8% to -38.4%), with zero instances of well-timed execution at the 90-day mark. His cross-ticker buy history is equally unfavorable, showing an average 90-day return of -28.6% across 14 prior transactions with a 0.00% 90-day win rate. The company itself is unprofitable with a full-year net income of -$116,500,000, which adds fundamental headwinds to this near-doubling of position size.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access