BETA Technologies Inc (NYSE:BETA – Get Free Report) insider Kyle Clark sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $25.42, for a total transaction of $762,600.00. Following the transaction, the insider directly owned 5,396,941 shares of the company’s stock, valued at approximately $137,190,240.22. This trade represents a 0.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Kyle Clark also recently made the following trade(s):
- On Wednesday, August 12th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The shares were sold at an average price of $23.47, for a total value of $352,050.00.
- On Tuesday, August 11th, Kyle Clark sold 17,005 shares of BETA Technologies stock. The shares were sold at an average price of $24.46, for a total value of $415,942.30.
- On Monday, August 10th, Kyle Clark sold 15,891 shares of BETA Technologies stock. The stock was sold at an average price of $24.24, for a total value of $385,197.84.
- On Friday, August 7th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The shares were sold at an average price of $23.25, for a total value of $348,750.00.
- On Wednesday, July 1st, Kyle Clark sold 15,000 shares of BETA Technologies stock. The shares were sold at an average price of $17.41, for a total value of $261,150.00.
- On Monday, June 29th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The stock was sold at an average price of $16.38, for a total value of $245,700.00.
- On Friday, June 26th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The shares were sold at an average price of $16.51, for a total transaction of $247,650.00.
- On Wednesday, June 24th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The shares were sold at an average price of $15.83, for a total transaction of $237,450.00.
- On Monday, June 22nd, Kyle Clark sold 15,000 shares of BETA Technologies stock. The shares were sold at an average price of $15.74, for a total transaction of $236,100.00.
- On Thursday, June 18th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The stock was sold at an average price of $15.78, for a total transaction of $236,700.00.
BETA Technologies Stock Performance
NYSE:BETA opened at $24.90 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 14.47 and a quick ratio of 14.47. The firm has a market cap of $5.61 billion and a PE ratio of -1.91. The firm has a 50 day simple moving average of $18.49 and a 200-day simple moving average of $17.78. BETA Technologies Inc has a 1-year low of $13.43 and a 1-year high of $39.50.
Analyst Ratings Changes
A number of equities research analysts have recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $34.00 price objective on shares of BETA Technologies in a research report on Wednesday, August 12th. Weiss Ratings upgraded BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, August 4th. Citigroup restated a “buy” rating on shares of BETA Technologies in a report on Thursday. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $31.00 price objective on shares of BETA Technologies in a research note on Thursday. Finally, The Goldman Sachs Group cut their price objective on shares of BETA Technologies from $38.00 to $34.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Nine analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, BETA Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $31.11.
Read Our Latest Report on BETA
Institutional Trading of BETA Technologies
A number of institutional investors and hedge funds have recently made changes to their positions in the company. General Electric Co acquired a new stake in BETA Technologies during the fourth quarter worth about $644,962,000. Massachusetts Financial Services Co. MA acquired a new position in shares of BETA Technologies in the 4th quarter valued at about $6,349,000. Vanguard Group Inc. acquired a new position in shares of BETA Technologies in the 4th quarter valued at about $77,089,000. Bank of New York Mellon Corp purchased a new stake in shares of BETA Technologies during the 1st quarter worth about $1,162,000. Finally, Masters Capital Management LLC purchased a new stake in shares of BETA Technologies during the 1st quarter worth about $10,290,000.
Key Headlines Impacting BETA Technologies
Here are the key news stories impacting BETA Technologies this week:
- Positive Sentiment: BETA cleared a certification hurdle involving its electric engine and aircraft, an important step toward commercial deployment and revenue generation. Beta Clears Certification Hurdle With Electric Engine And Aircraft
- Positive Sentiment: Management highlighted certification progress, hybrid-propulsion development and strategic partnerships as evidence of a clearer path forward, potentially reinforcing investor confidence in the company’s long-term strategy. BETA Technologies Takes Flight: Certification Progress, Hybrid Propulsion, and Strategic Partnerships Mark Q2 2026 Milestones
- Positive Sentiment: Needham reaffirmed its “Buy” rating. Cantor Fitzgerald and BTIG also maintained bullish ratings, with price targets of $31 and $33, respectively, above the recent trading level. The average brokerage target was reported at $31.11. Needham Reaffirms Buy Rating Average Brokerage Price Target
- Neutral Sentiment: CEO Kyle Clark said BETA has a “clear path forward with certification,” but investors must still weigh the company’s execution and funding needs as it scales. BETA Technologies CEO on Q2 Results
- Negative Sentiment: Second-quarter adjusted EPS was a loss of $0.64, missing the consensus loss estimate of $0.56. Revenue totaled $14.66 million, while the company continues to report deeply negative margins and analysts expect a full-year loss. The earnings disappointment triggered a gap lower in the shares. BETA Technologies Shares Gap Down Following Weak Earnings
- Negative Sentiment: Insider Kyle Clark sold a combined 45,000 shares for approximately $1.11 million across August 12 and 13. Although the sales represent less than 1% of his holdings and he still owns more than 5.39 million shares, the transactions may add modest caution.
BETA Technologies Company Profile
BETA Technologies is an American aerospace company that develops electric vertical takeoff and landing (eVTOL) aircraft and supporting infrastructure. The company focuses on designing aircraft and propulsion systems intended for short-range cargo, logistics and regional passenger movement, emphasizing electric propulsion, battery systems and integrated charging solutions to support distributed operations.
Its product and service set includes aircraft design and development, electric motor and battery integration, charging hardware and software, and flight testing aimed at meeting certification requirements.
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