BETA Technologies Inc (NYSE:BETA – Get Free Report) insider Kyle Clark sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $24.90, for a total value of $249,000.00. Following the completion of the transaction, the insider owned 4,935,936 shares of the company’s stock, valued at approximately $122,904,806.40. The trade was a 0.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Kyle Clark also recently made the following trade(s):
- On Monday, November 2nd, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $20.69, for a total value of $206,900.00.
- On Friday, October 30th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $19.92, for a total value of $199,200.00.
- On Wednesday, October 28th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $20.24, for a total value of $202,400.00.
- On Friday, October 23rd, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $19.19, for a total transaction of $191,900.00.
- On Monday, October 26th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $19.76, for a total transaction of $197,600.00.
- On Wednesday, October 21st, Kyle Clark sold 10,000 shares of BETA Technologies stock. The stock was sold at an average price of $19.06, for a total transaction of $190,600.00.
- On Monday, October 19th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $18.11, for a total transaction of $181,100.00.
- On Friday, October 16th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $18.51, for a total transaction of $185,100.00.
- On Wednesday, October 14th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were 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.
BETA Technologies Stock Performance
NYSE:BETA opened at $23.95 on Friday. BETA Technologies Inc has a 1-year low of $13.43 and a 1-year high of $39.50. The company’s fifty day moving average price is $20.86 and its 200-day moving average price is $19.05. The company has a current ratio of 11.51, a quick ratio of 14.47 and a debt-to-equity ratio of 0.11.
BETA Technologies (NYSE:BETA – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The company reported ($0.51) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.54) by $0.03. The firm had revenue of $17.67 million during the quarter. BETA Technologies had a negative net margin of 1,007.80% and a negative return on equity of 32.36%. The company’s revenue for the quarter was up 98.6% on a year-over-year basis. During the same period last year, the business earned ($9.83) EPS. As a group, analysts anticipate that BETA Technologies Inc will post -2.25 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on BETA shares. Citigroup reissued a “buy” rating on shares of BETA Technologies in a report on Thursday, August 13th. Barclays started coverage on BETA Technologies in a report on Friday, October 9th. They set an “overweight” rating and a $35.00 target price on the stock. Needham & Company LLC reduced their price target on BETA Technologies from $34.00 to $28.00 and set a “buy” rating for the company in a research report on Wednesday. BTIG Research reissued a “buy” rating and issued a $33.00 price target on shares of BETA Technologies in a report on Thursday, August 13th. Finally, Weiss Ratings raised BETA Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, September 14th. Ten equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, BETA Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $30.90.
Read Our Latest Research Report on BETA Technologies
Institutional Trading of BETA Technologies
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new position in shares of BETA Technologies in the 1st quarter valued at about $1,162,000. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in BETA Technologies during the third quarter worth approximately $2,905,000. Masters Capital Management LLC purchased a new position in BETA Technologies during the first quarter worth approximately $10,290,000. Quantinno Capital Management LP acquired a new stake in BETA Technologies in the first quarter valued at approximately $1,115,000. Finally, Corient Private Wealth LP grew its holdings in BETA Technologies by 116.0% in the second quarter. Corient Private Wealth LP now owns 151,118 shares of the company’s stock valued at $2,531,000 after purchasing an additional 81,150 shares during the period.
Key Stories Impacting BETA Technologies
Here are the key news stories impacting BETA Technologies this week:
- Positive Sentiment: Third-quarter revenue nearly doubled year over year to $17.67 million, and the $0.51-per-share loss was narrower than analysts expected. BETA also raised its 2026 revenue outlook and reported an aircraft backlog of about $4 billion, supporting its growth outlook. BETA Technologies third-quarter results
- Positive Sentiment: Cantor Fitzgerald reaffirmed its “overweight” rating and $31 price target, signaling continued analyst confidence. Cantor Fitzgerald rating
- Neutral Sentiment: Needham lowered its price target from $34 to $28 but maintained a “buy” rating. The reduced target may temper optimism despite the firm’s continued positive recommendation. Needham price-target update
- Negative Sentiment: Founder and insider Kyle Clark disclosed sales of 10,000 shares in transactions on November 2 and 4. The sales are small compared with his roughly 4.94 million remaining shares, but repeated insider selling may weigh on sentiment. Insider transaction report
- Negative Sentiment: BETA remains loss-making, leaving investors focused on whether it can turn revenue growth and its backlog into sustainable commercial operations.
BETA Technologies Company Profile
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.
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