Joby Aviation (NYSE:JOBY) Insider Sells $25,550.90 in Stock

Joby Aviation, Inc. (NYSE:JOBYGet Free Report) insider Didier Papadopoulos sold 2,594 shares of Joby Aviation stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $9.85, for a total value of $25,550.90. Following the completion of the transaction, the insider owned 135,541 shares in the company, valued at $1,335,078.85. This represents a 1.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Didier Papadopoulos also recently made the following trade(s):

  • On Monday, March 16th, Didier Papadopoulos sold 4,231 shares of Joby Aviation stock. The stock was sold at an average price of $9.94, for a total value of $42,056.14.
  • On Wednesday, March 11th, Didier Papadopoulos sold 1,172 shares of Joby Aviation stock. The shares were sold at an average price of $9.90, for a total value of $11,602.80.
  • On Tuesday, March 10th, Didier Papadopoulos sold 1,915 shares of Joby Aviation stock. The shares were sold at an average price of $10.25, for a total value of $19,628.75.
  • On Tuesday, February 17th, Didier Papadopoulos sold 6,366 shares of Joby Aviation stock. The stock was 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 shares were 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 stock was 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 shares were sold at an average price of $14.84, for a total transaction 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 transaction of $101,835.36.

Joby Aviation Trading Up 1.1%

Shares of JOBY stock traded up $0.10 during trading hours on Tuesday, reaching $9.92. 18,754,516 shares of the company’s stock were exchanged, compared to its average volume of 28,509,260. Joby Aviation, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $20.95. The stock’s 50 day moving average is $11.67 and its 200-day moving average is $13.90. The company has a market cap of $9.05 billion, a price-to-earnings ratio of -8.71 and a beta of 2.59.

Joby Aviation (NYSE:JOBYGet Free Report) last announced its earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.06. The business had revenue of $30.84 million for the quarter, compared to analysts’ expectations of $16.88 million. During the same quarter last year, the firm earned ($0.34) earnings per share. The firm’s quarterly revenue was up 5506.5% compared to the same quarter last year. Equities analysts anticipate that Joby Aviation, Inc. will post -0.69 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on JOBY shares. JPMorgan Chase & Co. decreased their price objective on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating for the company in a research report on Thursday, February 26th. HC Wainwright restated a “buy” rating and set a $18.00 price target on shares of Joby Aviation in a research note on Thursday, March 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. Needham & Company LLC dropped their price objective on shares of Joby Aviation to $18.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, The Goldman Sachs Group initiated coverage on Joby Aviation in a research report on Monday, December 1st. They issued a “sell” rating and a $10.00 target price on the stock. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Joby Aviation currently has an average rating of “Reduce” and an average target price of $13.81.

Read Our Latest Report on Joby Aviation

Institutional Trading of Joby Aviation

Large investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. raised its holdings in shares of Joby Aviation by 20.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 84,308 shares of the company’s stock worth $1,113,000 after purchasing an additional 14,469 shares during the last quarter. World Investment Advisors purchased a new stake in shares of Joby Aviation in the fourth quarter worth about $576,000. Corient Private Wealth LLC grew its holdings in Joby Aviation by 34.8% during the fourth quarter. Corient Private Wealth LLC now owns 38,953 shares of the company’s stock worth $514,000 after acquiring an additional 10,059 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Joby Aviation in the fourth quarter valued at approximately $28,000. Finally, Sunbelt Securities Inc. grew its stake in shares of Joby Aviation by 16.1% during the 4th quarter. Sunbelt Securities Inc. now owns 13,725 shares of the company’s stock worth $181,000 after purchasing an additional 1,900 shares during the period. 52.85% of the stock is owned by hedge funds and other institutional investors.

Joby Aviation News Roundup

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

Joby Aviation Company Profile

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Joby Aviation (NYSE:JOBY)

Receive News & Ratings for Joby Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Joby Aviation and related companies with MarketBeat.com's FREE daily email newsletter.