Vanguard Group Inc. Buys Shares of 2,732,701 BETA Technologies Inc $BETA

Key Points

• Vanguard Group disclosed a new fourth-quarter stake in BETA Technologies, buying 2,732,701 shares worth about $77.1 million and owning 1.24% of the company.
• Analyst sentiment is mostly positive: nine analysts rate BETA as a Buy, with an average target price of $32.78, though Weiss Ratings initiated coverage with a sell call.
• BETA’s latest earnings beat estimates, with EPS of -$0.53 versus -$0.74 expected, while revenue rose 5.2% year over year to $10.13 million.

Vanguard Group Inc. bought a new stake in shares of BETA Technologies Inc (NYSE:BETA - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,732,701 shares of the company's stock, valued at approximately $77,089,000. Vanguard Group Inc. owned 1.24% of BETA Technologies as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Wolff Wiese Magana LLC acquired a new stake in shares of BETA Technologies during the 4th quarter valued at $42,000. Clean Yield Group acquired a new stake in shares of BETA Technologies during the 4th quarter valued at $235,000. Stratos Wealth Partners LTD. acquired a new stake in shares of BETA Technologies during the 4th quarter valued at $360,000. Capricorn Fund Managers Ltd acquired a new stake in shares of BETA Technologies during the 4th quarter valued at $564,000. Finally, Green Alpha Advisors LLC acquired a new stake in shares of BETA Technologies during the 4th quarter valued at $603,000.

Analysts Set New Price Targets

A number of brokerages have issued reports on BETA. Weiss Ratings began coverage on shares of BETA Technologies in a research note on Friday, January 30th. They set a "sell (d-)" rating for the company. UBS Group set a $24.00 target price on shares of BETA Technologies and gave the company a "buy" rating in a research note on Monday, February 9th. Jefferies Financial Group decreased their target price on shares of BETA Technologies from $30.00 to $29.00 and set a "buy" rating for the company in a research note on Tuesday, March 10th. BTIG Research reissued a "buy" rating and set a $40.00 target price on shares of BETA Technologies in a research note on Tuesday, March 10th. Finally, Citigroup decreased their target price on shares of BETA Technologies from $41.00 to $33.00 and set a "buy" rating for the company in a research note on Thursday, April 2nd. Nine research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $32.78.

Insiders Place Their Bets

In related news, COO Sean Donovan sold 19,008 shares of BETA Technologies stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $18.12, for a total value of $344,424.96. Following the transaction, the chief operating officer owned 176,195 shares in the company, valued at $3,192,653.40. This trade represents a 9.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Herman Cueto sold 18,586 shares of BETA Technologies stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $18.12, for a total transaction of $336,778.32. Following the completion of the transaction, the chief financial officer owned 90,465 shares in the company, valued at $1,639,225.80. This trade represents a 17.04% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 138,928 shares of company stock worth $2,517,375 in the last 90 days. 24.47% of the stock is owned by corporate insiders.

BETA Technologies Trading Up 2.9%

BETA stock opened at $18.64 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 22.77 and a current ratio of 22.77. BETA Technologies Inc has a 1 year low of $13.43 and a 1 year high of $39.50. The firm has a fifty day simple moving average of $16.76. The firm has a market cap of $4.12 billion and a price-to-earnings ratio of -1.57.

BETA Technologies (NYSE:BETA - Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.53) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.74) by $0.21. The business had revenue of $10.13 million during the quarter. BETA Technologies's revenue for the quarter was up 5.2% on a year-over-year basis. As a group, analysts forecast that BETA Technologies Inc will post -2.2 EPS for the current fiscal year.

BETA Technologies News Summary

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

About BETA Technologies

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.

Want to see what other hedge funds are holding BETA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BETA Technologies Inc (NYSE:BETA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.