Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Didier Papadopoulos sold 1,915 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $10.25, for a total transaction of $19,628.75. Following the sale, the insider directly owned 131,896 shares of the company’s stock, valued at $1,351,934. This represents a 1.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Didier Papadopoulos also recently made the following trade(s):
- On Wednesday, March 11th, Didier Papadopoulos sold 1,172 shares of Joby Aviation stock. The stock was sold at an average price of $9.90, for a total transaction of $11,602.80.
- On Tuesday, February 17th, Didier Papadopoulos sold 6,366 shares of Joby Aviation stock. The shares were sold at an average price of $9.74, for a total transaction of $62,004.84.
- On Friday, February 13th, Didier Papadopoulos sold 10,382 shares of Joby Aviation stock. The stock was sold at an average price of $9.88, for a total transaction of $102,574.16.
- On Wednesday, February 11th, Didier Papadopoulos sold 816 shares of Joby Aviation stock. The shares were sold at an average price of $10.14, for a total transaction of $8,274.24.
- On Tuesday, February 10th, Didier Papadopoulos sold 1,333 shares of Joby Aviation stock. The shares were sold at an average price of $10.55, for a total transaction of $14,063.15.
- On Wednesday, January 14th, Didier Papadopoulos sold 804 shares of Joby Aviation stock. The shares were sold at an average price of $14.53, for a total transaction of $11,682.12.
- On Tuesday, January 13th, Didier Papadopoulos sold 1,367 shares of Joby Aviation stock. The stock was sold at an average price of $14.84, for a total value of $20,286.28.
- On Monday, January 5th, Didier Papadopoulos sold 6,429 shares of Joby Aviation stock. The stock was sold at an average price of $15.84, for a total value of $101,835.36.
- On Friday, January 2nd, Didier Papadopoulos sold 11,650 shares of Joby Aviation stock. The shares were sold at an average price of $13.51, for a total value of $157,391.50.
- On Tuesday, December 16th, Didier Papadopoulos sold 1,979 shares of Joby Aviation stock. The stock was sold at an average price of $14.08, for a total value of $27,864.32.
Joby Aviation Trading Up 3.7%
JOBY stock traded up $0.37 during mid-day trading on Wednesday, reaching $10.25. The company’s stock had a trading volume of 24,647,380 shares, compared to its average volume of 28,829,979. The company has a market cap of $9.34 billion, a price-to-earnings ratio of -8.99 and a beta of 2.59. The business’s 50 day moving average price is $12.01 and its 200 day moving average price is $14.02. Joby Aviation, Inc. has a 12 month low of $4.96 and a 12 month high of $20.95.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of JOBY. Fifth Third Bancorp lifted its stake in shares of Joby Aviation by 207.4% in the fourth quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock valued at $26,000 after buying an additional 1,348 shares in the last quarter. Asset Planning Inc increased 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 in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Joby Aviation by 284.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock worth $27,000 after acquiring an additional 1,880 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Joby Aviation in the 4th quarter worth about $28,000. Finally, Canton Hathaway LLC acquired a new stake in shares of Joby Aviation in the 3rd quarter worth about $29,000. Institutional investors and hedge funds own 52.85% of the company’s stock.
Wall Street Analyst Weigh In
JOBY has been the subject of a number of research reports. The Goldman Sachs Group initiated coverage on shares of Joby Aviation in a report on Monday, December 1st. They issued a “sell” rating and a $10.00 price target for the company. Oppenheimer set a $18.00 price objective on shares of Joby Aviation in a report on Thursday, February 26th. HC Wainwright upgraded Joby Aviation from a “neutral” rating to a “buy” rating and set a $18.00 target price for the company in a research note on Thursday, February 26th. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $15.50 target price on shares of Joby Aviation in a research report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. dropped their price target on Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Joby Aviation presently has a consensus rating of “Reduce” and an average target price of $13.81.
Read Our Latest Research Report on Joby Aviation
Key Stories 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 Type Inspection Authorization (TIA), a major step toward FAA type certification; initial pilot testing at Marina, CA, paves the way for FAA validation later this year, which would materially reduce program timing and certification risk. Joby’s First FAA-Conforming Aircraft Takes Flight
- Positive Sentiment: Joby was named to federal/state eVTOL pilot projects and its eIPP selection plus Uber commercial launch plans highlight a clearer path to early revenue and partnerships — supports revenue ramp expectations and commercial credibility. Joby Aviation’s eIPP Wins And Uber Launches Put Commercial Path In Focus
- Positive Sentiment: FAA launched pilot tests across 26 states for air‑taxi/eVTOL projects, expanding opportunities for Joby to demonstrate operations and secure local support — wider pilot footprint reduces regulatory execution risk if tests go well. Flying taxis could soon take flight as FAA green-lights tests in 26 states
- Neutral Sentiment: Recent quarterly results showed an EPS beat and a large revenue acceleration year‑over‑year, but the company remains unprofitable with negative EPS guidance for the year — progress is positive but valuation still hinges on successful certification and commercial scale. (Company release and earnings recap)
- Negative Sentiment: Archer Aviation filed a countersuit accusing Joby of concealing ties to China and misclassifying imports; allegations raise potential regulatory, procurement, and reputational risks that could complicate certification, government contracting, or supplier scrutiny — watch legal developments and any SEC or government inquiries. Air-taxi maker Archer accuses rival Joby of illegal China ties
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.
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