Joby Aviation (NYSE:JOBY) Insider Gregory Bowles Sells 1,172 Shares

Joby Aviation, Inc. (NYSE:JOBY) insider Gregory Bowles sold 1,172 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $10.25, for a total value of $12,013.00. Following the transaction, the insider directly owned 172,934 shares in the company, valued at $1,772,573.50. This trade represents a 0.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, March 11th, Gregory Bowles sold 1,075 shares of Joby Aviation stock. The stock was sold at an average price of $9.90, for a total transaction of $10,642.50.
• On Tuesday, February 24th, Gregory Bowles sold 11,530 shares of Joby Aviation stock. The shares were sold at an average price of $9.62, for a total transaction of $110,918.60.
• On Monday, February 23rd, Gregory Bowles sold 3,551 shares of Joby Aviation stock. The shares were 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 shares were 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 shares were sold at an average price of $10.55, for a total value 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 shares were sold at an average price of $13.51, for a total value of $56,660.94.

Joby Aviation Price Performance

Shares of JOBY stock traded down $0.27 during trading hours on Thursday, hitting $9.96. The company had a trading volume of 8,558,502 shares, compared to its average volume of 28,362,504. The stock has a market capitalization of $9.08 billion, a PE ratio of -8.75 and a beta of 2.59. Joby Aviation, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $20.95. The company’s fifty day moving average is $11.95 and its 200 day moving average is $14.00.

Joby Aviation (NYSE:JOBY) last posted its quarterly earnings data on Wednesday, February 25th. The company reported ($0.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.06. The company had revenue of $30.84 million for the quarter, compared to analysts’ expectations of $16.88 million. The firm’s revenue was up 5506.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.34) EPS. Equities analysts forecast that Joby Aviation, Inc. will post -0.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Canaccord Genuity Group restated a “hold” rating and set a $15.50 price objective on shares of Joby Aviation in a research report on Tuesday, February 3rd. HC Wainwright reiterated a “buy” rating and set a $18.00 price target on shares of Joby Aviation in a research note on Thursday. The Goldman Sachs Group started coverage on shares of Joby Aviation in a report on Monday, December 1st. They set a “sell” rating and a $10.00 price target for the company. JPMorgan Chase & Co. reduced their price objective on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating for the company in a research report on Thursday, February 26th. Finally, Oppenheimer set a $18.00 price objective on Joby Aviation in a report on Thursday, February 26th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $13.81.

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Joby began flight testing its first FAA‑conforming aircraft as part of the Type Inspection Authorization (TIA) process — a key step toward type certification and commercial passenger service. This materially de‑risks Joby’s certification timeline and supports commercial launch plans. Joby’s First FAA-Conforming Aircraft Takes Flight
• Positive Sentiment: Regulatory/operational pathway strengthened: Joby was named to federal eVTOL/eIPP and DOT advanced air mobility pilot initiatives, enabling early operations across multiple U.S. states and aligning the company with government pilot programs — a near‑term commercial runway catalyst. Joby Aviation Joins Federal eIPP
• Positive Sentiment: Commercial launch timeline tightened: multiple reports say Joby plans to launch U.S. air‑taxi operations in the coming months, supported by the first production model now flying — a sign that operational commercialization is moving from concept to execution. Joby to launch U.S. air-taxi service
• Positive Sentiment: Institutional conviction: ARK Invest (Cathie Wood) added JOBY shares amid the FAA/DOT activity, signaling continued investor interest from an active AAM-focused fund. Cathie Wood Bets On Joby
• Neutral Sentiment: Analyst/coverage commentary highlights optionality across mobility and defense markets, framing Joby as having multiple addressable markets but still dependent on certification and scale to monetize those opportunities. Joby Aviation: Optionality Across Mobility And Defense
• Negative Sentiment: Legal and regulatory risk increased after rival Archer filed/updated countersuit alleging Joby concealed China ties and misclassified imports — claims that could raise supply‑chain and contract risks and invite regulatory scrutiny. This has pressured sentiment despite the certification progress. Joby’s first production model takes off / context on disputes
• Negative Sentiment: Insider selling — multiple filings show executives (including the CEO and other senior officers) sold shares over the last two days. While amounts are relatively small versus total holdings, the cluster of sales can signal near‑term profit‑taking and contributes to downward pressure on the stock. SEC insider sale filings

Institutional Trading of Joby Aviation

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Joby Aviation by 13.2% in the 3rd quarter. Vanguard Group Inc. now owns 49,948,325 shares of the company’s stock valued at $806,166,000 after purchasing an additional 5,828,189 shares in the last quarter. Man Group plc acquired a new stake in Joby Aviation during the 3rd quarter worth approximately $40,283,000. Norges Bank purchased a new position in Joby Aviation in the fourth quarter valued at approximately $32,269,000. Clear Street Group Inc. purchased a new position in Joby Aviation in the third quarter valued at approximately $36,264,000. Finally, Price T Rowe Associates Inc. MD lifted its position in Joby Aviation by 80.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,384,180 shares of the company’s stock valued at $44,672,000 after buying an additional 1,512,094 shares in the last quarter. Institutional investors and hedge funds own 52.85% of the company’s stock.

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.