BETA Technologies Inc (NYSE:BETA – Get Free Report) insider Kyle Clark sold 10,000 shares of BETA Technologies stock in a transaction dated Monday, October 19th. The shares were sold at an average price of $18.11, for a total value of $181,100.00. Following the sale, the insider owned 5,055,936 shares of the company’s stock, valued at approximately $91,563,000.96. This trade represents a 0.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Kyle Clark also recently made the following trade(s):
- On Friday, October 16th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $18.51, for a total value of $185,100.00.
- On Wednesday, October 14th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $17.58, for a total transaction of $175,800.00.
- On Monday, October 12th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $19.91, for a total transaction of $199,100.00.
- On Friday, October 9th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $20.66, for a total transaction of $206,600.00.
- On Wednesday, October 7th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $20.19, for a total transaction of $201,900.00.
- On Monday, October 5th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $21.30, for a total transaction of $213,000.00.
- On Thursday, October 1st, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $22.00, for a total transaction of $220,000.00.
- On Tuesday, September 29th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $22.62, for a total transaction of $226,200.00.
- On Saturday, September 26th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $23.32, for a total transaction of $233,200.00.
- On Thursday, September 24th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $23.04, for a total transaction of $230,400.00.
BETA Technologies Stock Performance
BETA Technologies stock opened at $18.73 on Thursday. BETA Technologies Inc has a fifty-two week low of $13.43 and a fifty-two week 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 cap of $4.22 billion and a P/E ratio of -1.44. The firm’s fifty day moving average price is $21.61 and its 200-day moving average price is $18.97.
BETA Technologies (NYSE:BETA – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.56) by ($0.08). BETA Technologies had a negative return on equity of 96.24% and a negative net margin of 1,913.91%. The company had revenue of $14.66 million during the quarter. On average, equities research analysts expect that BETA Technologies Inc will post -2.25 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the company. Citigroup reaffirmed a “buy” rating on shares of BETA Technologies in a research note on Thursday, August 13th. Weiss Ratings upgraded BETA Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, September 14th. Barclays started coverage on BETA Technologies in a report on Friday, October 9th. They set an “overweight” rating and a $35.00 price objective on the stock. BTIG Research restated a “buy” rating and issued a $33.00 target price on shares of BETA Technologies in a research report on Thursday, August 13th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $31.00 target price on shares of BETA Technologies in a research report on Monday, October 5th. Ten 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, BETA Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $31.50.
Read Our Latest Stock Report on BETA Technologies
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Masters Capital Management LLC bought a new position in shares of BETA Technologies during the first quarter valued at about $10,290,000. Bank of America Corp DE lifted its stake in shares of BETA Technologies by 117.2% in the 1st quarter. Bank of America Corp DE now owns 348,097 shares of the company’s stock valued at $5,117,000 after acquiring an additional 187,807 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of BETA Technologies in the 2nd quarter valued at about $2,877,000. Corient Private Wealth LP lifted its stake in shares of BETA Technologies by 116.0% in the 2nd quarter. Corient Private Wealth LP now owns 151,118 shares of the company’s stock valued at $2,531,000 after acquiring an additional 81,150 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in BETA Technologies during the 3rd quarter valued at about $2,905,000.
More BETA Technologies News
Here are the key news stories impacting BETA Technologies this week:
- Positive Sentiment: FAA authorization supports commercialization. Approval to fly customers on the ALIA eVTOL is the most significant near-term catalyst, potentially advancing BETA from testing and demonstrations toward revenue-generating passenger and cargo services. FAA allows BETA Technologies to fly customers on ALIA eVTOL
- Positive Sentiment: Analyst remains bullish. Needham reaffirmed its “buy” rating and assigned a $34 price target, implying substantial upside from the stock’s current trading level. The broader analyst consensus also remains favorable, with a majority of analysts rating BETA a Buy.
- Positive Sentiment: Expansion in Vermont signals capacity growth. BETA’s expanding South Burlington operations and proposed master build plan, informally dubbed “Betaville,” could increase manufacturing, testing and workforce capacity as the company scales its aircraft business. As Beta Technologies Grows, Betaville Sprouts in South Burlington
- Neutral Sentiment: Third-quarter results are approaching. BETA plans to release its third-quarter 2026 financial and operating results before the market opens on November 3. Investors will likely focus on cash usage, aircraft deliveries, certification progress and updated production plans. BETA Technologies to Announce Third Quarter 2026 Results
- Negative Sentiment: Repeated insider selling remains a cautionary signal. Insider Kyle Clark sold additional shares, although the latest transactions reduced his holdings by only about 0.20% each and he continues to own more than 5 million shares. BETA Technologies Insider Kyle Clark Sells Shares
About BETA Technologies
BETA Technologies is an aerospace company developing electric aircraft and the infrastructure needed to support electric aviation. Founded in 2017 and headquartered in South Burlington, Vermont, the company focuses on zero-emission aircraft for cargo, logistics, passenger, medical and defense applications.
BETA’s aircraft portfolio includes the ALIA electric vertical takeoff and landing (eVTOL) aircraft and the ALIA CTOL fixed-wing aircraft, which is designed for conventional runway operations.
Recommended Stories
- Five stocks we like better than BETA Technologies
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
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.
