BETA Technologies Inc (NYSE:BETA – Get Free Report) insider Kyle Clark sold 15,000 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $23.25, for a total transaction of $348,750.00. Following the completion of the transaction, the insider directly owned 5,474,837 shares in the company, valued at $127,289,960.25. This represents a 0.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Kyle Clark also recently made the following trade(s):
- On Tuesday, August 11th, Kyle Clark sold 17,005 shares of BETA Technologies stock. The stock was 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 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 shares were 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 stock was sold at an average price of $16.51, for a total value of $247,650.00.
- On Wednesday, June 24th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The stock was sold at an average price of $15.83, for a total value 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 value of $236,100.00.
- On Thursday, June 18th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The shares were sold at an average price of $15.78, for a total value of $236,700.00.
- On Tuesday, June 16th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The stock was sold at an average price of $15.89, for a total transaction of $238,350.00.
BETA Technologies Price Performance
BETA Technologies stock opened at $23.73 on Thursday. BETA Technologies Inc has a 52-week low of $13.43 and a 52-week high of $39.50. The firm has a market capitalization of $5.27 billion and a price-to-earnings ratio of -1.92. The company has a fifty day simple moving average of $18.17 and a 200-day simple moving average of $17.77. The company has a quick ratio of 21.37, a current ratio of 21.36 and a debt-to-equity ratio of 0.10.
Institutional Trading of BETA Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. General Electric Co purchased a new stake in shares of BETA Technologies during the 4th quarter valued at approximately $644,962,000. TPG GP A LLC acquired a new stake in BETA Technologies during the fourth quarter worth $462,515,000. Amazon Com Inc. acquired a new stake in BETA Technologies during the fourth quarter worth $331,577,000. Vanguard Group Inc. purchased a new stake in BETA Technologies in the fourth quarter valued at $77,089,000. Finally, Norges Bank purchased a new stake in BETA Technologies in the fourth quarter valued at $41,485,000.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on BETA. The Goldman Sachs Group lowered their target price on BETA Technologies from $38.00 to $34.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Needham & Company LLC reiterated a “buy” rating and set a $34.00 price objective on shares of BETA Technologies in a research report on Wednesday. Citigroup lowered their price objective on BETA Technologies from $33.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Weiss Ratings upgraded BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 4th. Finally, Cantor Fitzgerald cut their target price on BETA Technologies from $38.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Nine investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $31.11.
Read Our Latest Stock Analysis on BETA
Key Headlines Impacting BETA Technologies
Here are the key news stories impacting BETA Technologies this week:
- Positive Sentiment: BETA Technologies guided for fiscal 2026 revenue of $42 million to $50 million, above the $41 million analyst consensus. The company also highlighted continued progress in eVTOL operations and business investment. BETA Technologies Announces Second Quarter 2026 Results
- Positive Sentiment: Needham & Company reaffirmed its Buy rating and set a $34 price target, implying substantial upside from the recent trading level. The target adds to the generally positive analyst outlook.
- Neutral Sentiment: Analyst estimates continue to call for a full-year loss, with consensus around negative $2.17 per share. BETA’s strong liquidity and low leverage provide financial flexibility, but the company remains unprofitable.
- Negative Sentiment: BETA reported second-quarter EPS of negative $0.64, missing the negative $0.56 consensus estimate by $0.08. Quarterly revenue was $14.66 million, making the deeper-than-expected loss the primary reason for the stock’s decline. BETA Technologies shares fall after wider-than-expected second-quarter loss
- Negative Sentiment: Founder and CEO Kyle Clark sold 47,896 shares across transactions dated August 7–11 for roughly $1.15 million. The sales represent small reductions in his holdings, but repeated insider selling may weigh on investor sentiment.
About BETA Technologies
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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