BETA Technologies Inc (NYSE:BETA – Get Free Report) insider Kyle Clark sold 15,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $23.47, for a total value of $352,050.00. Following the completion of the sale, the insider directly owned 5,426,941 shares of the company’s stock, valued at $127,370,305.27. The trade was a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Kyle Clark also recently made the following trade(s):
- On Thursday, August 13th, Kyle Clark sold 30,000 shares of BETA Technologies stock. The stock was sold at an average price of $25.42, for a total value of $762,600.00.
- 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 shares were 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 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 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 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 transaction 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 transaction of $236,700.00.
BETA Technologies Price Performance
Shares of NYSE:BETA opened at $24.90 on Monday. The company 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 one year low of $13.43 and a one year high of $39.50. The company has a debt-to-equity ratio of 0.11, a quick ratio of 14.47 and a current ratio of 14.47. The stock has a market capitalization of $5.61 billion and a price-to-earnings ratio of -1.91.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the company. Citigroup reiterated a “buy” rating on shares of BETA Technologies in a research note on Thursday. BTIG Research reiterated a “buy” rating and issued a $33.00 price objective on shares of BETA Technologies in a research note on Thursday. The Goldman Sachs Group decreased their target price on BETA Technologies from $38.00 to $34.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Weiss Ratings upgraded shares of BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, August 4th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $34.00 target price on shares of BETA Technologies in a research note on Wednesday, August 12th. Nine research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, BETA Technologies presently has an average rating of “Moderate Buy” and an average target price of $31.11.
Get Our Latest Stock Report on BETA Technologies
BETA Technologies News Summary
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.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. General Electric Co acquired a new stake in shares of BETA Technologies during the 4th quarter worth about $644,962,000. TPG GP A LLC purchased a new position in shares of BETA Technologies during the fourth quarter valued at approximately $462,515,000. Amazon Com Inc. acquired a new stake in BETA Technologies during the fourth quarter worth approximately $331,577,000. Vanguard Group Inc. acquired a new stake in BETA Technologies during the fourth quarter worth approximately $77,089,000. Finally, Norges Bank purchased a new stake in BETA Technologies in the 4th quarter worth approximately $41,485,000.
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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