Bonny Simi Sells 8,652 Shares of Joby Aviation (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Bonny Simi sold 8,652 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $9.88, for a total value of $85,481.76. Following the transaction, the insider owned 144,443 shares of the company’s stock, valued at $1,427,096.84. This represents a 5.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Joby Aviation Stock Performance

NYSE JOBY opened at $10.10 on Thursday. The stock has a 50 day moving average price of $13.20 and a 200-day moving average price of $14.74. Joby Aviation, Inc. has a one year low of $4.96 and a one year high of $20.95. The company has a market capitalization of $9.21 billion, a P/E ratio of -7.54 and a beta of 2.57.

Joby Aviation News Roundup

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

• Positive Sentiment: Joby announced a plan to reach a production rate of four aircraft per month by 2027 and is embedding roughly 200 Toyota engineers on its lines to implement the Toyota Production System — a move that materially improves manufacturing credibility, could lower unit costs, and supports a pathway to scale and future profitability. Made by Toyota: Joby Aviation Targeting 4 Aircraft Per Month
• Positive Sentiment: Congress is pushing the FAA to accelerate certification for electric air taxis — a regulatory tailwind that could shorten Joby’s path to commercial service and monetize its production ramp earlier than expected. Congress Wants FAA to Speed Electric Air Taxi Certification
• Neutral Sentiment: Joby’s January capital raise (~$1B of equity and convertibles) increased cash runway above $1B and funds the Dayton facility and ramp — this materially lowers short-term insolvency risk but previously caused dilution that pressured the share price. Made by Toyota: Joby Aviation Targeting 4 Aircraft Per Month
• Negative Sentiment: Significant insider selling this week — including CEO Joeben Bevirt’s large block (507,182 shares at ~$9.91 reported Feb. 17) — introduces near-term selling pressure and can erode investor confidence even if proceeds are for diversification. CEO Form 4 filing
• Negative Sentiment: Additional mid-February sales by other executives (Bonny Simi, Eric Allison, Didier Papadopoulos, Gregory Bowles, Kate DeHoff) further reduce insider stakes and add to short-term supply overhang. Joby insider trades roundup

Wall Street Analysts Forecast Growth

JOBY has been the topic of several recent research reports. Zacks Research upgraded shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. The Goldman Sachs Group assumed coverage on Joby Aviation in a report on Monday, December 1st. They set a “sell” rating and a $10.00 price target on the stock. Finally, Needham & Company LLC restated a “buy” rating and issued a $22.00 price target on shares of Joby Aviation in a research report on Thursday, November 6th. 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $13.21.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of JOBY. Fifth Third Bancorp lifted 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 increased its stake in Joby Aviation by 70.0% in the third 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 shares of Joby Aviation by 284.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock worth $27,000 after purchasing an additional 1,880 shares during the last quarter. Canton Hathaway LLC purchased a new stake in shares of Joby Aviation during the third quarter valued at $29,000. Finally, Strategic Advocates LLC bought a new position in shares of Joby Aviation in the third quarter worth about $29,000. Institutional investors own 52.85% of the company’s stock.

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.