Kate Dehoff Sells 2,193 Shares of Joby Aviation (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 2,193 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $10.25, for a total transaction of $22,478.25. Following the transaction, the insider directly owned 161,936 shares of the company’s stock, valued at $1,659,844. This trade represents a 1.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Wednesday, March 11th, Kate Dehoff sold 1,433 shares of Joby Aviation stock. The shares were sold at an average price of $9.90, for a total transaction of $14,186.70.
• On Friday, February 13th, Kate Dehoff sold 8,539 shares of Joby Aviation stock. The stock was sold at an average price of $9.88, for a total value of $84,365.32.
• On Wednesday, February 11th, Kate Dehoff sold 16,235 shares of Joby Aviation stock. The shares were sold at an average price of $9.91, for a total value of $160,888.85.
• On Tuesday, February 10th, Kate Dehoff sold 1,076 shares of Joby Aviation stock. The shares were sold at an average price of $10.55, for a total value of $11,351.80.
• On Monday, February 2nd, Kate Dehoff sold 8,194 shares of Joby Aviation stock. The shares were sold at an average price of $10.48, for a total value of $85,873.12.
• 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 value of $415,987.20.
• On Tuesday, January 13th, Kate Dehoff sold 7,092 shares of Joby Aviation stock. The stock was sold at an average price of $14.84, for a total value of $105,245.28.
• 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 value of $141,638.84.

Joby Aviation Stock Performance

Shares of NYSE:JOBY traded up $0.20 during trading on Friday, reaching $9.94. 3,886,437 shares of the stock were exchanged, compared to its average volume of 28,234,939. The firm’s 50-day moving average price is $11.88 and its 200 day moving average price is $13.97. The firm has a market cap of $9.06 billion, a price-to-earnings ratio of -8.74 and a beta of 2.59. Joby Aviation, Inc. has a 12-month low of $4.96 and a 12-month high of $20.95.

Joby Aviation (NYSE:JOBY) last posted its quarterly earnings results on Wednesday, February 25th. The company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.06. The business had revenue of $30.84 million during the quarter, compared to analysts’ expectations of $16.88 million. The company’s quarterly revenue was up 5506.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.34) EPS. As a group, equities research analysts forecast that Joby Aviation, Inc. will post -0.69 EPS for the current year.

Joby Aviation News Roundup

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

• Positive Sentiment: Major certification progress — Joby began flight testing its first FAA‑conforming aircraft as part of the Type Inspection Authorization (TIA) process, moving the company from prototype testing toward formal FAA evaluation for commercial operations. This materially de‑risks the certification pathway if testing proceeds smoothly. Joby’s First FAA-Conforming Aircraft Takes Flight
• Positive Sentiment: First production air‑taxi flown — Joby reported the maiden flight of its first production-model electric air taxi, a key step toward TIA and eventual type certification. This supports the company’s timeline for early commercial operations. Joby’s first production model takes off
• Positive Sentiment: Federal pilot programs & launch runway — Joby was selected for the DOT/FAA Advanced Air Mobility pilot (eIPP), enabling early operations across multiple states; company statements and local reports say U.S. air‑taxi service could begin in the coming months. These help shorten commercial ramp risk if operations scale as planned. Joby Aviation Joins Federal eIPP
• Positive Sentiment: Institutional interest — ARK Invest increased its JOBY position amid the FAA/DOT developments, signaling conviction from an active thematic investor. Cathie Wood Bets On Joby
• Neutral Sentiment: Long‑term market case highlighted — commentary and longer‑term bull notes (e.g., market size estimates and optionality across mobility/defense) underscore upside if Joby commercializes, but those are conditional on certification and scale. Could This Aviation Stock Turn $1,000 Into $100,000?
• Neutral Sentiment: Analyst mix — coverage remains split with several cautious price targets and a consensus “Reduce”; that keeps near‑term sell pressure possible despite long‑term optionality. MarketBeat analyst roundup
• Negative Sentiment: Legal/competitive friction — rival Archer filed/updated a countersuit alleging undisclosed China ties and related claims; the dispute raises potential supply‑chain, regulatory and reputational risks that can sap investor confidence. Context on disputes
• Negative Sentiment: Clustered insider selling — multiple senior executives (including the CEO and other officers) disclosed sales over the last two days. While amounts are small relative to total holdings, clustered sales often trigger short‑term selling and investor caution. SEC insider sale filings
• Negative Sentiment: Technical/valuation pressure — the stock is trading below its 50‑ and 200‑day moving averages and faces a consensus average target below some prior highs, making it vulnerable to momentum‑driven declines despite positive operational headlines. Joby stock data

Hedge Funds Weigh In On Joby Aviation

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Asset Planning Inc grew 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 in the last quarter. Strategic Advocates LLC acquired a new position in shares of Joby Aviation in the third quarter worth about $29,000. Canton Hathaway LLC purchased a new position in Joby Aviation in the third quarter valued at about $29,000. Fifth Third Bancorp grew its stake in Joby Aviation by 207.4% during the 4th quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock valued at $26,000 after purchasing an additional 1,348 shares in the last quarter. Finally, Hilltop National Bank acquired a new stake in Joby Aviation during the 3rd quarter valued at approximately $32,000. 52.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on JOBY. Oppenheimer set a $18.00 price target on shares of Joby Aviation in a research report on Thursday, February 26th. The Goldman Sachs Group started coverage on Joby Aviation in a research report on Monday, December 1st. They issued a “sell” rating and a $10.00 target price for the company. HC Wainwright reiterated a “buy” rating and set a $18.00 target price on shares of Joby Aviation in a report on Thursday. JPMorgan Chase & Co. reduced their price target on Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a research report on Thursday, February 26th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $13.81.

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.