2,246,838 Shares in Joby Aviation, Inc. $JOBY Acquired by Clear Street Group Inc.

Clear Street Group Inc. acquired a new position in shares of Joby Aviation, Inc. (NYSE:JOBY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,246,838 shares of the company’s stock, valued at approximately $36,264,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Planning Inc raised its position 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 worth $27,000 after acquiring an additional 700 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Joby Aviation by 284.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock valued at $27,000 after acquiring an additional 1,880 shares during the last quarter. Canton Hathaway LLC acquired a new stake in Joby Aviation in the third quarter worth about $29,000. Hilltop National Bank bought a new stake in Joby Aviation during the 3rd quarter worth about $32,000. Finally, Ancora Advisors LLC bought a new stake in Joby Aviation during the 3rd quarter worth about $35,000. 52.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on JOBY shares. HC Wainwright reaffirmed a “buy” rating and issued a $18.00 target price on shares of Joby Aviation in a research note on Thursday. JPMorgan Chase & Co. dropped their price target on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating for the company in a research note on Thursday, February 26th. Canaccord Genuity Group restated a “hold” rating and issued a $15.50 price objective on shares of Joby Aviation in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. Finally, Oppenheimer set a $18.00 target price on shares of Joby Aviation in a report on Thursday, February 26th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $13.81.

Insider Activity

In related news, insider Eric Allison sold 32,448 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $13.25, for a total transaction of $429,936.00. Following the completion of the transaction, the insider owned 659,980 shares in the company, valued at approximately $8,744,735. The trade was a 4.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kate Dehoff sold 28,260 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $14.72, for a total transaction of $415,987.20. Following the completion of the sale, the insider directly owned 149,369 shares of the company’s stock, valued at $2,198,711.68. The trade was a 15.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,487,509 shares of company stock worth $16,261,334 over the last quarter. 28.50% of the stock is owned by insiders.

Joby Aviation Trading Down 0.5%

Shares of JOBY opened at $9.70 on Friday. 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 $8.84 billion, a P/E ratio of -8.50 and a beta of 2.59. The stock’s 50-day moving average price is $11.79 and its two-hundred day moving average price is $13.93.

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

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Progress toward FAA type certification: Joby has begun flight testing its first FAA‑conforming production aircraft as part of the Type Inspection Authorization (TIA) process — a direct regulatory milestone that materially de‑risks timing for commercial operations. Joby Flies First FAA-Conforming Aircraft For TIA Testing
• Positive Sentiment: Demonstration flights showcase operational readiness: Joby completed piloted flights across San Francisco Bay (including around the Golden Gate) and highlighted a 50,000‑mile “electric skies” tour — both signal operational maturity and marketing momentum ahead of commercial launch. Joby Completes Piloted Electric Air Taxi Flight Across San Francisco Bay
• Positive Sentiment: Federal pilot programs and DOT support: Joby was named to the Department of Transportation’s advanced air mobility/eIPP pilot initiatives, enabling early deployments across multiple states — a practical near‑term commercial runway and potential demand catalyst. Joby Aviation Joins Federal eIPP
• Positive Sentiment: Commercial launch signals: Multiple outlets report Joby plans to begin U.S. air‑taxi operations in the coming months, supported by the first production model now flying — this shortens the pathway from testing to revenue realization. Joby Aviation to launch U.S. air-taxi service
• Positive Sentiment: Institutional interest: ARK Invest added to its position amid the FAA/DOT activity, which can support investor confidence and liquidity. Cathie Wood Bets On Joby
• Neutral Sentiment: Market opportunity framing: Analyst pieces emphasize Joby’s optionality across mobility and defense markets — large TAM upside but monetization remains contingent on certification, manufacturing scale and unit economics. Joby Aviation: Optionality Across Mobility And Defense
• Negative Sentiment: Legal/competitive overhang: Rival Archer filed/updated a countersuit alleging undisclosed China ties and related misconduct — these claims raise litigation and regulatory risk that can weigh on contracts, partnerships and investor sentiment. Joby’s first production model takes off / context on disputes
• Negative Sentiment: Clustered insider selling: Several executives (including the CEO and other senior officers) disclosed share sales over recent days. While sizes are modest versus total holdings, concentrated short‑term selling can signal profit‑taking and adds short‑term downward pressure. Joby Insider Selling Filings

Joby Aviation 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.