Beta Technologies president and CEO Kyle Clark sells shares worth $1.15m

Kyle Clark, CEO of BETA Technologies, divested 47,896 shares of Class A common stock in early August 2026, resulting in a sale worth approximately $1.15 million. The transactions were executed through The Godric’s Hollow Trust, and were based on a pre-approved 10b5-1 trading plan. On August 7th, 15,000 shares were sold at an average price of $23.25 each, followed by another 15,891 shares on August 10th at a weighted average price of $24.24.

The final tranche of 17,005 shares was sold on August 11th at a weighted average price of $24.46. The Godric’s Hollow Trust now owns 5.44 million shares of BETA Technologies Class A common stock. Despite a 12% surge in BETA stock price over the previous week, the stock is considered undervalued by InvestingPro analysis. The company posted a robust 73% revenue growth over the past year, with a gross profit margin of 65.5%.

BETA Technologies' electric aircraft endeavors have been progressing, including a recent agreement with Loganair to purchase five all-electric aircraft, potentially expanding to ten. The company, valued at $5.48 billion, has also forged a consortium to establish up to 250 electric aircraft charging sites in the U.S. in the coming decade.

Cantor Fitzgerald has maintained an Overweight rating for BETA Technologies, with a target price of $31.00.