Beta Technologies CEO Kyle Clark sells $559,205 in stock

Kyle Clark, President and Chief Executive Officer and a Director at BETA Technologies, Inc. (NASDAQ:BETA), sold a total of 30,000 shares of Class A common stock over three days in late October 2026. The transactions, which took place between October 20 and October 22, 2026, amounted to a total value of $559,205. The shares were sold at prices ranging from $18.3772 to $19.0635 per share.

The sales were conducted indirectly by The Godric’s Hollow Trust, an entity affiliated with Mr. Clark, and were executed pursuant to a previously established 10b5-1 trading plan.

On October 20, 2026, The Godric’s Hollow Trust sold 10,000 shares of Class A common stock at a weighted average price of $18.3772. Individual share prices for this transaction ranged from $17.855 to $18.74. An additional 10,000 shares were sold on October 21, 2026, at a weighted average price of $19.0635, with individual sales occurring between $18.585 and $19.54. The final sale occurred on October 22, 2026, involving another 10,000 shares at a weighted average price of $18.4798, with prices ranging from $18.035 to $18.87 per share.The insider sales come as BETA stock has declined 48% over the past year and 34% year-to-date. According to InvestingPro analysis, the stock appears undervalued at current levels, trading below its Fair Value. The company remains unprofitable with a market cap of $4.35 billion, though investors can access deeper insights through comprehensive Pro Research Reports available for BETA and 1,400+ other US equities.

Following these transactions, The Godric’s Hollow Trust indirectly holds 5,025,936 shares of Class A common stock. Mr. Clark also directly holds 738,915 shares of Class A common stock and indirectly holds 49,746 shares through his spouse and 1,624,907 shares through The Burrow Trust. Mr. Clark disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest therein.

In other recent news, BETA Technologies reported a wider-than-expected loss for the second quarter, with an adjusted loss per share of $0.64, missing analysts’ expectations of a $0.46 loss. Despite the disappointing earnings, the company saw a significant increase in revenue, which rose 146% year-over-year to $14.66 million. This growth was attributed to its GE Aerospace demonstration program and charger deliveries to the Florida Department of Transportation. Additionally, BETA Technologies has raised its full-year sales outlook. In terms of analyst ratings, Cantor Fitzgerald reiterated an Overweight stock rating for BETA Technologies, maintaining a price target of $31.00. The firm highlighted that BETA is actively conducting piloted test flights, having covered more than 230,000 nautical miles as of early October. These developments indicate ongoing progress in BETA’s operations and market activities.