Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells 1,202 Shares of Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Bonny Simi sold 1,202 shares of Joby Aviation stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $10.55, for a total value of $12,681.10. Following the completion of the sale, the insider directly owned 129,286 shares of the company’s stock, valued at approximately $1,363,967.30. The trade was a 0.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Joby Aviation Stock Performance

Shares of JOBY stock traded down $0.14 during mid-day trading on Wednesday, hitting $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 stock has a market cap of $9.20 billion, a price-to-earnings ratio of -7.53 and a beta of 2.57. Joby Aviation, Inc. has a 52-week low of $4.96 and a 52-week high of $20.95. The business has a 50-day moving average price of $13.84 and a 200 day moving average price of $15.02.

More Joby Aviation News

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.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on JOBY shares. Canaccord Genuity Group reaffirmed a “hold” rating and set a $15.50 price target on shares of Joby Aviation in a report on Tuesday, February 3rd. The Goldman Sachs Group began coverage on shares of Joby Aviation in a research report on Monday, December 1st. They set a “sell” rating and a $10.00 price objective on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Zacks Research upgraded shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, Needham & Company LLC restated a “buy” rating and issued a $22.00 price target on shares of Joby Aviation in a research note on Thursday, November 6th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $13.21.

Institutional Trading of Joby Aviation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JOBY. Fifth Third Bancorp boosted its stake in shares of Joby Aviation by 207.4% during the 4th quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock worth $26,000 after acquiring an additional 1,348 shares during the last quarter. Asset Planning Inc raised its holdings in Joby Aviation by 70.0% in the 3rd quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock worth $27,000 after purchasing an additional 700 shares during the period. EverSource Wealth Advisors LLC lifted its position in Joby Aviation by 284.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock valued at $27,000 after purchasing an additional 1,880 shares in the last quarter. Canton Hathaway LLC bought a new stake in Joby Aviation during the third quarter valued at about $29,000. Finally, Strategic Advocates LLC bought a new stake in Joby Aviation during the third quarter valued at about $29,000. 52.85% of the stock is owned by hedge funds and other institutional investors.

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.