BETA Technologies Inc (NYSE:BETA – Get Free Report) COO Sean Donovan sold 19,008 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $18.12, for a total transaction of $344,424.96. Following the completion of the transaction, the chief operating officer owned 176,195 shares in the company, valued at approximately $3,192,653.40. The trade was a 9.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
BETA Technologies Stock Up 2.9%
BETA stock opened at $18.64 on Thursday. BETA Technologies Inc has a 12-month low of $13.43 and a 12-month high of $39.50. The company has a current ratio of 22.77, a quick ratio of 22.77 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $4.12 billion and a price-to-earnings ratio of -1.57. The firm has a fifty day moving average price of $16.76.
BETA Technologies (NYSE:BETA – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.53) earnings per share for the quarter, beating the consensus estimate of ($0.74) by $0.21. The company had revenue of $10.13 million during the quarter. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. Research analysts expect that BETA Technologies Inc will post -2.2 earnings per share for the current year.
Analyst Ratings Changes
Check Out Our Latest Report on BETA
Hedge Funds Weigh In On BETA Technologies
Institutional investors and hedge funds have recently made changes to their positions in the business. Green Alpha Advisors LLC purchased a new stake in BETA Technologies during the 4th quarter valued at $603,000. SG Americas Securities LLC purchased a new position in BETA Technologies during the 4th quarter valued at about $1,386,000. Wolff Wiese Magana LLC purchased a new position in BETA Technologies during the 4th quarter valued at about $42,000. Stratos Wealth Partners LTD. purchased a new position in BETA Technologies in the fourth quarter worth about $360,000. Finally, Capricorn Fund Managers Ltd bought a new position in shares of BETA Technologies in the fourth quarter worth approximately $564,000.
Trending Headlines about BETA Technologies
Here are the key news stories impacting BETA Technologies this week:
- Positive Sentiment: Cantor Fitzgerald cut its price target on BETA Technologies, but maintained an overweight rating and still sees meaningful upside, signaling continued analyst confidence. Article: Cantor Fitzgerald lowers price target on BETA Technologies
- Positive Sentiment: Needham & Company reaffirmed its buy rating and set a higher price target, which may help reinforce bullish sentiment around the stock. Article: Needham reaffirms buy rating on BETA Technologies
- Positive Sentiment: The company’s latest earnings beat expectations, with EPS coming in better than forecast and revenue growing year over year, which is generally supportive for the stock. Article: BETA Technologies Q1 2026 results
- Neutral Sentiment: BETA also updated its FY2026 outlook, with revenue guidance roughly in line with Wall Street expectations, suggesting no major surprise from management’s forecast. Article: BETA Technologies announces first quarter 2026 results
- Negative Sentiment: A cluster of insider sales from the CEO, CFO, COO, CTO, and other executives may be pressuring sentiment, even though the company said the transactions were tied to tax withholding on equity awards. Article: Insider sale by Kyle Clark
BETA Technologies Company Profile
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.
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