Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells $110,918.60 in Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Gregory Bowles sold 11,530 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $9.62, for a total transaction of $110,918.60. Following the completion of the sale, the insider directly owned 170,360 shares in the company, valued at $1,638,863.20. This represents a 6.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Gregory Bowles also recently made the following trade(s):

• On Monday, February 23rd, Gregory Bowles sold 3,551 shares of Joby Aviation stock. The stock was sold at an average price of $9.57, for a total transaction of $33,983.07.
• On Friday, February 13th, Gregory Bowles sold 4,464 shares of Joby Aviation stock. The stock was sold at an average price of $9.88, for a total transaction of $44,104.32.
• On Tuesday, February 10th, Gregory Bowles sold 816 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total transaction of $8,608.80.
• On Wednesday, January 14th, Gregory Bowles sold 5,383 shares of Joby Aviation stock. The stock was sold at an average price of $14.72, for a total value of $79,237.76.
• On Tuesday, January 13th, Gregory Bowles sold 894 shares of Joby Aviation stock. The stock was sold at an average price of $14.83, for a total value of $13,258.02.
• On Friday, January 2nd, Gregory Bowles sold 4,194 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total value of $56,660.94.

Joby Aviation Trading Up 2.1%

Joby Aviation stock traded up $0.20 during mid-day trading on Tuesday, reaching $9.74. The company’s stock had a trading volume of 19,775,618 shares, compared to its average volume of 29,240,576. Joby Aviation, Inc. has a twelve month low of $4.96 and a twelve month high of $20.95. The business has a 50 day moving average price of $12.82 and a 200-day moving average price of $14.47. The firm has a market cap of $8.88 billion, a price-to-earnings ratio of -7.27 and a beta of 2.57.

Hedge Funds Weigh In On Joby Aviation

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sowell Financial Services LLC bought a new stake in shares of Joby Aviation in the 3rd quarter worth approximately $663,000. Pier 88 Investment Partners LLC acquired a new position in shares of Joby Aviation in the 3rd quarter worth $635,000. Voya Investment Management LLC grew its holdings in shares of Joby Aviation by 20.0% in the 3rd quarter. Voya Investment Management LLC now owns 1,150,050 shares of the company’s stock worth $18,562,000 after acquiring an additional 192,064 shares during the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of Joby Aviation during the second quarter worth $461,000. Finally, Udine Wealth Management Inc. purchased a new stake in shares of Joby Aviation during the third quarter valued at $1,414,000. 52.85% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. The Goldman Sachs Group began coverage on Joby Aviation in a research report on Monday, December 1st. They set a “sell” rating and a $10.00 price target on the stock. Zacks Research raised Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. upped their price objective on Joby Aviation from $7.00 to $8.00 and gave the stock an “underweight” rating in a research note on Friday, October 31st. Finally, HC Wainwright reaffirmed a “neutral” rating on shares of Joby Aviation in a research report on Monday, November 24th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $13.21.

Joby Aviation News Summary

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

• Positive Sentiment: Toyota expanded its investment and deepened the manufacturing partnership with Joby, adding a $250 million tranche and bringing Toyota Production System practices into Joby’s facilities — a direct show of strategic and operational support that helps de‑risk certification and scale-up execution. Toyota Investment Puts Joby Production Plans And Risks In Sharper Focus
• Positive Sentiment: Feature coverage highlighting Joby’s eVTOL vision and commuter use cases boosts the story’s long-term demand narrative and investor interest in the commercial opportunity. The electric jet age returns: Joby’s eVTOL plan to lift daily commutes off the ground
• Neutral Sentiment: Analysts and media are forecasting heightened volatility around Joby’s imminent Q4 earnings, with one preview suggesting the stock “could swing ~12%” on the report — this increases short-term trading risk but also creates potential upside if results beat or management provides encouraging certification/production updates. Joby Aviation Stock Could Swing 12% After Q4 Earnings
• Neutral Sentiment: Sector headlines (Archer vs. Vertical, and broader eVTOL legal/ liquidity stories) are driving sentiment across peers; Joby may trade on “sympathy” moves depending on competitors’ legal or funding news, making sector flow a material near‑term driver. Archer’s Lawsuit Tests Vertical Aerospace’s Cash Runway, Not Just Its Design
• Negative Sentiment: Insider selling: Gregory Bowles reported two recent sales (Feb. 23–24) totaling 15,081 shares at ~ $9.57–$9.62 — a modest reduction in his stake. Insider sales can be interpreted as a near‑term negative signal for sentiment even though the sizes are relatively small. SEC Form 4 — Gregory Bowles
• Negative Sentiment: Analyst/valuation pressure: coverage notes (and at least one sell initiation) have flagged Joby’s rich valuation vs. execution risk, which can amplify downside if the earnings call fails to deliver concrete certification or production milestones. Archer Aviation: The Billion-Dollar Battleground
• Negative Sentiment: Technical/positioning note: Joby is trading below its 50‑ and 200‑day moving averages and has a history of wide intraday swings — factors that can exacerbate declines on weak news or misses. (Background market data)

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.