Joby Aviation (NYSE:JOBY) Insider Didier Papadopoulos Sells 1,367 Shares of Stock

Joby Aviation, Inc. (NYSE:JOBYGet Free Report) insider Didier Papadopoulos sold 1,367 shares of Joby Aviation stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $14.84, for a total transaction of $20,286.28. Following the completion of the sale, the insider owned 116,015 shares of the company’s stock, valued at approximately $1,721,662.60. This trade represents a 1.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Didier Papadopoulos also recently made the following trade(s):

  • On Wednesday, January 14th, Didier Papadopoulos sold 804 shares of Joby Aviation stock. The shares were sold at an average price of $14.53, for a total transaction of $11,682.12.
  • On Monday, January 5th, Didier Papadopoulos sold 6,429 shares of Joby Aviation stock. The stock was sold at an average price of $15.84, for a total transaction of $101,835.36.
  • On Friday, January 2nd, Didier Papadopoulos sold 11,650 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total transaction of $157,391.50.
  • On Tuesday, December 16th, Didier Papadopoulos sold 1,979 shares of Joby Aviation stock. The stock was sold at an average price of $14.08, for a total transaction of $27,864.32.
  • On Monday, December 15th, Didier Papadopoulos sold 5,987 shares of Joby Aviation stock. The stock was sold at an average price of $14.99, for a total value of $89,745.13.

Joby Aviation Stock Up 2.1%

Shares of Joby Aviation stock opened at $15.11 on Thursday. The business has a 50-day moving average price of $14.53 and a 200 day moving average price of $15.17. Joby Aviation, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $20.95. The firm has a market cap of $13.78 billion, a P/E ratio of -11.28 and a beta of 2.56.

Joby Aviation (NYSE:JOBYGet Free Report) last issued its earnings results on Wednesday, November 5th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.29). The firm had revenue of $22.57 million during the quarter, compared to the consensus estimate of $0.02 million. The company’s quarterly revenue was up 7962.1% on a year-over-year basis. During the same period last year, the firm posted ($0.21) EPS. As a group, equities research analysts anticipate that Joby Aviation, Inc. will post -0.69 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Spire Wealth Management raised its holdings in shares of Joby Aviation by 14.0% during the fourth quarter. Spire Wealth Management now owns 21,164 shares of the company’s stock valued at $279,000 after buying an additional 2,594 shares during the last quarter. Exchange Traded Concepts LLC increased its position in Joby Aviation by 2.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,158,084 shares of the company’s stock valued at $15,287,000 after acquiring an additional 32,410 shares during the period. Dakota Wealth Management increased its position in Joby Aviation by 7.8% in the 4th quarter. Dakota Wealth Management now owns 20,696 shares of the company’s stock valued at $273,000 after acquiring an additional 1,501 shares during the period. CoreCap Advisors LLC raised its stake in Joby Aviation by 38.6% during the 4th quarter. CoreCap Advisors LLC now owns 5,856 shares of the company’s stock valued at $77,000 after acquiring an additional 1,631 shares in the last quarter. Finally, Defender Capital LLC. acquired a new position in Joby Aviation during the 4th quarter worth $133,000. Institutional investors own 52.85% of the company’s stock.

Wall Street Analysts Forecast Growth

JOBY has been the subject of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their target price on Joby Aviation from $7.00 to $8.00 and gave the company an “underweight” rating in a research note on Friday, October 31st. HC Wainwright reaffirmed a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Morgan Stanley increased their price target on Joby Aviation from $7.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 9th. Finally, Zacks Research raised Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $13.43.

Get Our Latest Research Report on Joby Aviation

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.

About Joby Aviation

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Joby Aviation (NYSE:JOBY)

Receive News & Ratings for Joby Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Joby Aviation and related companies with MarketBeat.com's FREE daily email newsletter.