Joby Aviation (NYSE:JOBY) CEO Sells $16,774.50 in Stock

Joby Aviation, Inc. (NYSE:JOBY) CEO Joeben Bevirt sold 1,590 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $10.55, for a total transaction of $16,774.50. Following the transaction, the chief executive officer owned 294,336 shares in the company, valued at $3,105,244.80. This represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Joeben Bevirt also recently made the following trade(s):

• On Monday, February 9th, Joeben Bevirt sold 507,182 shares of Joby Aviation stock. The stock was sold at an average price of $10.62, for a total transaction of $5,386,272.84.
• On Tuesday, January 13th, Joeben Bevirt sold 1,630 shares of Joby Aviation stock. The stock was sold at an average price of $14.83, for a total transaction of $24,172.90.
• On Friday, January 2nd, Joeben Bevirt sold 23,552 shares of Joby Aviation stock. The shares were sold at an average price of $13.51, for a total value of $318,187.52.

Joby Aviation Stock Performance

Shares of JOBY stock traded down $0.14 on Wednesday, reaching $10.09. The stock had a trading volume of 21,762,993 shares, compared to its average volume of 32,230,625. Joby Aviation, Inc. has a 1 year low of $4.96 and a 1 year high of $20.95. The stock has a market cap of $9.20 billion, a P/E ratio of -7.53 and a beta of 2.57. The company has a 50 day simple moving average of $13.84 and a 200 day simple moving average of $15.02.

Institutional Investors Weigh In On Joby Aviation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CWM LLC raised its stake in Joby Aviation by 8.1% during the 2nd quarter. CWM LLC now owns 9,156 shares of the company’s stock worth $97,000 after acquiring an additional 689 shares during the period. GPS Wealth Strategies Group LLC increased its stake in shares of Joby Aviation by 22.5% in the third quarter. GPS Wealth Strategies Group LLC now owns 3,794 shares of the company’s stock worth $61,000 after purchasing an additional 697 shares in the last quarter. Asset Planning Inc raised its position in shares of Joby Aviation by 70.0% during the 3rd quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock valued at $27,000 after purchasing an additional 700 shares during the period. GoalVest Advisory LLC lifted its stake in shares of Joby Aviation by 2.1% during the 4th quarter. GoalVest Advisory LLC now owns 33,500 shares of the company’s stock valued at $442,000 after buying an additional 700 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in Joby Aviation by 4.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 16,705 shares of the company’s stock worth $270,000 after buying an additional 736 shares during the period. 52.85% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Joby Aviation

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

• Neutral Sentiment: Company announcement — Joby will release Q4 & full-year 2025 results after the market on Feb. 25 and host a 5:00pm ET webcast; this gives investors a scheduled catalyst and fresh financials to reassess the business. Joby Aviation to Report Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Large insider selling — multiple executives sold shares this week, including CEO Joeben Bevirt’s sale of 507,182 shares at an average ~$10.62 (~$5.39M). Several other execs (CFO, VP-level insiders and others) also sold smaller parcels, and some insiders reduced holdings by meaningful percentages (e.g., Kate Dehoff reduced ~9.8%). Heavy insider selling can signal liquidity-taking or shift in insider conviction and likely weighs on near-term sentiment. CEO Form 4 (Bevirt) — SEC Filing
• Negative Sentiment: Rising short interest — short interest jumped ~33.6% in January to ~75.34M shares, now ~12.2% of float. Higher shorting increases downward pressure and raises the risk of volatility around news or the upcoming earnings release (days-to-cover ~2.1). This elevated bearish positioning likely contributes to the stock’s decline today.

Analyst Ratings Changes

A number of equities research analysts have issued reports on JOBY shares. JPMorgan Chase & Co. boosted their price target on Joby Aviation from $7.00 to $8.00 and gave the company an “underweight” rating in a research note on Friday, October 31st. Canaccord Genuity Group reissued a “hold” rating and issued a $15.50 price objective on shares of Joby Aviation in a report on Tuesday, February 3rd. HC Wainwright reaffirmed a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Zacks Research upgraded shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $13.21.

About Joby Aviation

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.