BETA Technologies Inc (NYSE:BETA – Get Free Report) insider Kyle Clark sold 10,000 shares of the stock in a transaction that occurred on 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 directly owned 4,935,936 shares of the company’s stock, valued at $122,904,806.40. This represents a 0.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Kyle Clark also recently made the following trade(s):
- On Monday, November 2nd, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were 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 stock was 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 stock was 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 value of $191,900.00.
- On Monday, October 26th, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were sold at an average price of $19.76, for a total value of $197,600.00.
- On Wednesday, October 21st, Kyle Clark sold 10,000 shares of BETA Technologies stock. The shares were 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 stock was 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 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 stock was sold at an average price of $19.91, for a total transaction of $199,100.00.
BETA Technologies Price Performance
Shares of NYSE BETA opened at $25.21 on Thursday. The firm has a 50-day moving average of $20.82 and a 200 day moving average of $19.07. BETA Technologies Inc has a 1 year low of $13.43 and a 1 year high of $39.50. The company has a debt-to-equity ratio of 0.11, a current ratio of 14.47 and a quick ratio of 14.47.
BETA Technologies (NYSE:BETA – Get Free Report) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported ($0.51) EPS for the quarter, topping analysts’ consensus estimates of ($0.54) by $0.03. BETA Technologies had a negative return on equity of 31.41% and a negative net margin of 1,007.80%. The firm had revenue of $17.67 million for the quarter. During the same period in the prior year, the firm earned ($9.83) earnings per share. The business’s revenue for the quarter was up 98.6% compared to the same quarter last year. Research analysts anticipate that BETA Technologies Inc will post -2.25 earnings per share for the current fiscal year.
Key Headlines 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, while the loss of $0.51 per share was narrower than analysts expected. The company also raised its 2026 revenue outlook and cited an aircraft backlog of about $4 billion, strengthening expectations for future growth. BETA Technologies third-quarter results Backlog and revenue outlook
- Positive Sentiment: Cantor Fitzgerald reaffirmed its “overweight” rating and $31 price target, indicating potential upside from the cited $25.21 share price. Cantor Fitzgerald rating
- Positive Sentiment: BETA is advancing certification testing and preparing to ramp production, while targeting electric-aircraft sales in cargo and medical markets—potential steps toward commercialization. Certification and production update
- Negative Sentiment: Founder and CEO Kyle Clark sold 10,000 shares in each of two transactions disclosed for November 2 and 4. The sales were small relative to his remaining holding of about 4.94 million shares, but insider selling can weigh on sentiment. SEC insider transaction filing
- Negative Sentiment: Despite the earnings beat and substantial year-over-year improvement, BETA still reported a quarterly loss and remains unprofitable, leaving execution and financing needs important risks for investors.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in BETA. Fulcrum Asset Management LLP bought a new stake in BETA Technologies during the third quarter valued at about $149,000. J. Derek Lewis & Associates Inc. increased its position in BETA Technologies by 27.4% in the third quarter. J. Derek Lewis & Associates Inc. now owns 18,600 shares of the company’s stock worth $411,000 after buying an additional 4,000 shares in the last quarter. ProShare Advisors LLC purchased a new stake in BETA Technologies in the third quarter worth about $328,000. State of Wyoming increased its position in BETA Technologies by 33.5% in the third quarter. State of Wyoming now owns 21,944 shares of the company’s stock worth $485,000 after buying an additional 5,507 shares in the last quarter. Finally, Sterling Capital Management LLC raised its stake in shares of BETA Technologies by 433.0% in the third quarter. Sterling Capital Management LLC now owns 2,761 shares of the company’s stock worth $61,000 after buying an additional 2,243 shares during the period.
Analyst Ratings Changes
Several equities analysts have issued reports on BETA shares. Barclays began coverage on shares of BETA Technologies in a research note on Friday, October 9th. They set an “overweight” rating and a $35.00 target price on the stock. Citigroup restated a “buy” rating on shares of BETA Technologies in a research note on Thursday, August 13th. Needham & Company LLC cut their price objective on BETA Technologies from $34.00 to $28.00 and set a “buy” rating for the company in a report on Wednesday. Weiss Ratings upgraded BETA Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, September 14th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $31.00 target price on shares of BETA Technologies in a report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, BETA Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.90.
Get Our Latest Stock Report on BETA Technologies
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.
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