BETA Technologies Inc (NYSE:BETA – Get Free Report) insider Kyle Clark sold 17,005 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $24.46, for a total transaction of $415,942.30. Following the completion of the sale, the insider owned 5,441,941 shares of the company’s stock, valued at $133,109,876.86. The trade was a 0.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Kyle Clark also recently made the following trade(s):
- 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $237,450.00.
- On Monday, June 22nd, Kyle Clark sold 15,000 shares of BETA Technologies stock. The stock was 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 shares were sold at an average price of $15.89, for a total value of $238,350.00.
BETA Technologies Stock Down 3.5%
NYSE BETA opened at $23.73 on Thursday. The stock has a fifty day moving average of $18.17 and a 200-day moving average of $17.77. The stock has a market capitalization of $5.27 billion and a P/E ratio of -1.92. BETA Technologies Inc has a 52 week low of $13.43 and a 52 week high of $39.50. The company has a debt-to-equity ratio of 0.10, a quick ratio of 21.37 and a current ratio of 21.36.
Analyst Ratings Changes
Several brokerages have recently issued reports on BETA. Citigroup reduced their target price on shares of BETA Technologies from $33.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Cantor Fitzgerald dropped their price target on shares of BETA Technologies from $38.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Weiss Ratings upgraded shares of BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 4th. BTIG Research reduced their price objective on shares of BETA Technologies from $40.00 to $33.00 and set a “buy” rating on the stock in a research note on Wednesday, May 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $34.00 price objective on shares of BETA Technologies in a research note on Wednesday. Nine equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $31.11.
Check Out Our Latest Stock Analysis on BETA Technologies
BETA Technologies News Roundup
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.
Hedge Funds Weigh In On BETA Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BETA. Sandia Investment Management LP acquired a new position in shares of BETA Technologies during the 4th quarter worth about $26,000. Rockefeller Capital Management L.P. acquired a new stake in shares of BETA Technologies in the 4th quarter valued at approximately $35,000. Manchester Capital Management LLC bought a new position in BETA Technologies during the 4th quarter worth approximately $38,000. California State Teachers Retirement System bought a new position in BETA Technologies during the 1st quarter worth approximately $27,000. Finally, Kestra Advisory Services LLC acquired a new position in BETA Technologies during the fourth quarter valued at approximately $70,000.
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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