Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells 7,092 Shares of Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 7,092 shares of Joby Aviation stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $14.84, for a total value of $105,245.28. Following the sale, the insider owned 177,629 shares of the company’s stock, valued at approximately $2,636,014.36. This trade represents a 3.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kate Dehoff also recently made the following trade(s):

• On Wednesday, January 14th, Kate Dehoff sold 28,260 shares of Joby Aviation stock. The stock was sold at an average price of $14.72, for a total transaction of $415,987.20.
• On Friday, January 2nd, Kate Dehoff sold 10,484 shares of Joby Aviation stock. The shares were sold at an average price of $13.51, for a total transaction of $141,638.84.

Joby Aviation Price Performance

JOBY stock traded up $0.30 during midday trading on Wednesday, reaching $15.11. The company had a trading volume of 20,695,715 shares, compared to its average volume of 28,610,189. The firm has a 50-day moving average price of $14.53 and a 200-day moving average price of $15.17. The company has a market capitalization of $13.78 billion, a P/E ratio of -11.28 and a beta of 2.56. Joby Aviation, Inc. has a 1 year low of $4.96 and a 1 year high of $20.95.

Joby Aviation (NYSE:JOBY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.29). The firm had revenue of $22.57 million for the quarter, compared to the consensus estimate of $0.02 million. During the same period in the prior year, the company earned ($0.21) earnings per share. The business’s revenue was up 7962.1% compared to the same quarter last year. On average, equities analysts predict that Joby Aviation, Inc. will post -0.69 EPS for the current year.

Key Joby Aviation News

Here are the key news stories impacting Joby Aviation this week:

• Positive Sentiment: Joby will expand manufacturing capacity with an acquisition of a new Ohio facility — the move should help scale production and shorten time-to-delivery as Joby ramps toward commercial service, supporting long‑term revenue and margin improvement. Read More.
• Positive Sentiment: Joby partnered with Metropolis to build 25 vertiports across the U.S., a key infrastructure deal that de‑risks market access and supports launch plans for its air‑taxi service — this increases the credibility of near‑term commercialization and potential localized recurring revenue streams. Read More.
• Negative Sentiment: Multiple insiders (including CEO Joeben Bevirt, CFO Rodrigo Brumana and several senior executives) sold shares across filings on Jan. 13–14 — aggregating into sizable, public reductions of insider positions. While insider sales can reflect diversification or liquidity needs, the breadth and scale of the transactions can be interpreted as a near‑term negative signal by investors. See representative SEC Form 4 filing (CEO). Read More.

Institutional Investors Weigh In On Joby Aviation

Large investors have recently added to or reduced their stakes in the company. Asset Planning Inc raised its stake in shares of Joby Aviation by 70.0% during the third quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock valued at $27,000 after acquiring an additional 700 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Joby Aviation by 284.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock valued at $27,000 after purchasing an additional 1,880 shares during the last quarter. Canton Hathaway LLC bought a new position in Joby Aviation during the 3rd quarter valued at approximately $29,000. Strategic Advocates LLC purchased a new stake in Joby Aviation in the 3rd quarter worth approximately $29,000. Finally, Hilltop National Bank bought a new stake in shares of Joby Aviation in the 3rd quarter worth approximately $32,000. Institutional investors own 52.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and set a $22.00 price objective on shares of Joby Aviation in a report on Thursday, November 6th. Zacks Research raised shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. JPMorgan Chase & Co. boosted their price objective on shares of Joby Aviation from $7.00 to $8.00 and gave the stock an “underweight” rating in a report on Friday, October 31st. HC Wainwright reaffirmed a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $13.43.

Joby Aviation Company Profile

Joby Aviation Inc is an aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company’s core mission is to provide zero-emission aerial ridesharing services, combining the speed of helicopters with the cost efficiency and environmental benefits of electric propulsion. Joby’s eVTOL design emphasizes low noise profiles and high reliability, positioning the company to address congestion challenges in major metropolitan areas.

The company’s flagship aircraft is designed to carry a pilot and up to four passengers, offering point-to-point travel at speeds competitive with ground transportation.