Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Beta Technologies CEO Kyle Clark sells $672,536 in stock

Beta Technologies CEO Kyle Clark sells $672,536 in stock

BETA Technologies CEO Kyle Clark recently sold 30,000 shares of the company’s Class A common stock, worth approximately $672,536, over three separate transactions in September and October 2026. The insider sales were executed through a pre-arranged 10b5-1 trading plan by The Godric’s Hollow Trust. Despite the recent sales, BETA stock currently trades at $21.73, and the company is valued at $5.08 billion.

Analysts view the stock as undervalued, with a 41% return over the past six months. Following the transactions, Clark retains 738,915 shares directly and 5,175,936 shares indirectly through various trusts. BETA Technologies reported a wider-than-expected loss for Q2 2026, but revenue surged 146% year-over-year, reaching $14.66 million, driven by GE Aerospace demonstration program and charger deliveries to Florida DOT.

The full-year sales outlook has been raised by management, showing promising revenue growth of 94% over the last year.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at investing.com →

More in Finance & Markets

More from Friday 2 October →