Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells 16,235 Shares of Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 16,235 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $9.91, for a total value of $160,888.85. Following the completion of the transaction, the insider directly owned 149,369 shares of the company’s stock, valued at approximately $1,480,246.79. This represents a 9.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, February 10th, Kate Dehoff sold 1,076 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total transaction of $11,351.80.
• On Monday, February 2nd, Kate Dehoff sold 8,194 shares of Joby Aviation stock. The stock was sold at an average price of $10.48, for a total transaction of $85,873.12.
• On Wednesday, January 14th, Kate Dehoff sold 28,260 shares of Joby Aviation stock. The shares were sold at an average price of $14.72, for a total transaction 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 transaction 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 transaction of $141,638.84.

Joby Aviation Trading Down 1.4%

JOBY stock traded down $0.14 during mid-day trading on Wednesday, reaching $10.09. The company’s stock had a trading volume of 21,762,993 shares, compared to its average volume of 32,230,625. The company’s 50 day moving average is $13.84 and its two-hundred day moving average is $15.02. Joby Aviation, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $20.95. The stock has a market cap of $9.20 billion, a PE ratio of -7.53 and a beta of 2.57.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on JOBY shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $22.00 target price on shares of Joby Aviation in a research note on Thursday, November 6th. JPMorgan Chase & Co. upped their price objective on shares of Joby Aviation from $7.00 to $8.00 and gave the company an “underweight” rating in a report on Friday, October 31st. 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 “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Finally, The Goldman Sachs Group assumed coverage on shares of Joby Aviation in a research note on Monday, December 1st. They issued a “sell” rating and a $10.00 price target for the company. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $13.21.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Royal Bank of Canada grew its position in shares of Joby Aviation by 110.5% during the first quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock worth $512,000 after buying an additional 44,659 shares in the last quarter. AQR Capital Management LLC acquired a new position in Joby Aviation during the 1st quarter worth approximately $273,000. Strs Ohio purchased a new stake in shares of Joby Aviation in the 1st quarter valued at approximately $37,000. Ameritas Advisory Services LLC purchased a new stake in shares of Joby Aviation in the 2nd quarter valued at approximately $39,000. Finally, IFP Advisors Inc raised its holdings in shares of Joby Aviation by 137.9% in the 2nd quarter. IFP Advisors Inc now owns 9,030 shares of the company’s stock valued at $95,000 after purchasing an additional 5,234 shares in the last quarter. Institutional investors and hedge funds own 52.85% of the company’s stock.

Joby Aviation News Roundup

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.

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.