Liberty Street Advisors Inc. Makes New Investment in BETA Technologies Inc $BETA

Key Points

• Liberty Street Advisors bought 999,202 shares of BETA (~$28.19M) in Q4, making the stock its largest holding (47.1% of the firm’s portfolio) and representing about 0.45% of BETA's outstanding shares.
• BETA reported Q results with an EPS of -$2.02 (missing the -$0.47 estimate by $1.55) while revenue came in at $11.13M—beating estimates and rising 152% year‑over‑year.
• Analysts hold a consensus "Moderate Buy" (9 Buys, 1 Hold, 1 Sell) with an average price target of $34, compared with the recent share price around $16.89.

Liberty Street Advisors Inc. purchased a new position in shares of BETA Technologies Inc (NYSE:BETA - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 999,202 shares of the company's stock, valued at approximately $28,187,000. BETA Technologies makes up 47.1% of Liberty Street Advisors Inc.'s holdings, making the stock its largest holding. Liberty Street Advisors Inc. owned approximately 0.45% of BETA Technologies as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of BETA. Green Alpha Advisors LLC bought a new position in shares of BETA Technologies during the 4th quarter worth approximately $603,000. SG Americas Securities LLC bought a new position in shares of BETA Technologies during the 4th quarter worth approximately $1,386,000. Wolff Wiese Magana LLC bought a new position in shares of BETA Technologies during the 4th quarter worth approximately $42,000. Stratos Wealth Partners LTD. bought a new position in shares of BETA Technologies during the 4th quarter worth approximately $360,000. Finally, Capricorn Fund Managers Ltd bought a new position in shares of BETA Technologies during the 4th quarter worth approximately $564,000.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Morgan Stanley decreased their price objective on BETA Technologies from $34.00 to $33.00 and set an "overweight" rating for the company in a report on Tuesday, March 10th. Bank of America boosted their price objective on BETA Technologies from $35.00 to $37.00 and gave the company a "buy" rating in a report on Wednesday, December 17th. The Goldman Sachs Group decreased their price objective on BETA Technologies from $43.00 to $38.00 and set a "buy" rating for the company in a report on Tuesday, March 17th. BTIG Research restated a "buy" rating and set a $40.00 price objective on shares of BETA Technologies in a report on Tuesday, March 10th. Finally, Weiss Ratings assumed coverage on BETA Technologies in a report on Friday, January 30th. They set a "sell (d-)" rating for the company. Nine investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, BETA Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $34.00.

BETA Technologies Trading Up 1.7%

Shares of BETA Technologies stock opened at $16.89 on Tuesday. The stock's fifty day moving average is $17.24. BETA Technologies Inc has a 12-month low of $13.43 and a 12-month high of $39.50. The company has a market capitalization of $3.74 billion and a P/E ratio of -1.43. The company has a debt-to-equity ratio of 0.10, a current ratio of 22.77 and a quick ratio of 22.77.

BETA Technologies (NYSE:BETA - Get Free Report) last announced its quarterly earnings results on Monday, March 9th. The company reported ($2.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.47) by ($1.55). The company had revenue of $11.13 million during the quarter, compared to analyst estimates of $6.69 million. The firm's quarterly revenue was up 152.3% on a year-over-year basis.

BETA Technologies 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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