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Beta Technologies CEO Kyle Clark sells $563,525 in stock

Beta Technologies CEO Kyle Clark sells $563,525 in stock

BETA Technologies CEO Kyle Clark divested $563,525 worth of the company's Class A common stock over two transactions on November 10 and 11, 2026. The first sale, consisting of 10,000 shares, occurred at an average price of $28.015 per share, while the second sale, involving another 10,000 shares, took place at an average price of $28.3375 per share.

These transactions, carried out via a pre-arranged 10b5-1 trading plan by The Godric’s Hollow Trust, reduced Clark's direct ownership to 738,915 shares, while 4,885,936 shares remained held by the trust. Additionally, Clark's spouse and two other trusts held smaller portions of the company's stock. Despite BETA's stock experiencing a 14% decline over the previous week, it has still increased by over 40% over the past six months.

InvestingPro analysts believe the stock is currently undervalued. BETA reported a 98% year-over-year revenue increase to $17.67 million in the third quarter of 2026, although it posted an adjusted loss per share of $0.51, slightly below expectations. The company announced an amended type certification application for its H500B motor during an earnings call.

Analyst sentiment towards BETA is mixed, with some citing concerns over delivery timelines, while others maintain a positive outlook on the company's prospects.

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

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