BETA Technologies Inc (NYSE:BETA – Get Free Report) insider Kyle Clark sold 15,891 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $24.24, for a total transaction of $385,197.84. Following the transaction, the insider owned 5,458,946 shares of the company’s stock, valued at approximately $132,324,851.04. This represents a 0.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
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 transaction of $415,942.30.
- On Friday, August 7th, Kyle Clark sold 15,000 shares of BETA Technologies stock. The stock was 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 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 value 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 value 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 transaction of $238,350.00.
BETA Technologies Price Performance
NYSE:BETA opened at $23.73 on Thursday. The stock has a market capitalization of $5.27 billion and a PE ratio of -1.92. BETA Technologies Inc has a 1-year low of $13.43 and a 1-year high of $39.50. The firm has a fifty day simple moving average of $18.17 and a 200 day simple moving average of $17.77. The company has a current ratio of 21.36, a quick ratio of 21.37 and a debt-to-equity ratio of 0.10.
Wall Street Analyst Weigh In
BETA has been the topic of a number of recent analyst reports. Cantor Fitzgerald lowered their price target on BETA Technologies from $38.00 to $31.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Citigroup reduced their target price on BETA Technologies from $33.00 to $25.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Weiss Ratings raised BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 4th. The Goldman Sachs Group dropped their price target on BETA Technologies from $38.00 to $34.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $34.00 price target on shares of BETA Technologies in a report on Wednesday. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $31.11.
Get Our Latest Report on BETA Technologies
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. General Electric Co bought a new stake in shares of BETA Technologies during the fourth quarter worth approximately $644,962,000. Massachusetts Financial Services Co. MA bought a new position in shares of BETA Technologies during the fourth quarter worth approximately $6,349,000. Vanguard Group Inc. bought a new position in shares of BETA Technologies during the fourth quarter worth approximately $77,089,000. Liberty Street Advisors Inc. acquired a new stake in BETA Technologies during the 4th quarter worth approximately $28,187,000. Finally, Masters Capital Management LLC acquired a new stake in BETA Technologies during the 1st quarter worth approximately $10,290,000.
Trending Headlines about 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.
Recommended Stories
- Five stocks we like better than BETA Technologies
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for BETA Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BETA Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
