Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Gregory Bowles sold 3,551 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $9.57, for a total value of $33,983.07. Following the sale, the insider owned 181,890 shares in the company, valued at $1,740,687.30. The trade was a 1.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Gregory Bowles also recently made the following trade(s):
- On Tuesday, February 24th, Gregory Bowles sold 11,530 shares of Joby Aviation stock. The stock was sold at an average price of $9.62, for a total value of $110,918.60.
- On Friday, February 13th, Gregory Bowles sold 4,464 shares of Joby Aviation stock. The shares were sold at an average price of $9.88, for a total value of $44,104.32.
- On Tuesday, February 10th, Gregory Bowles sold 816 shares of Joby Aviation stock. The shares were sold at an average price of $10.55, for a total value of $8,608.80.
- On Wednesday, January 14th, Gregory Bowles sold 5,383 shares of Joby Aviation stock. The stock was sold at an average price of $14.72, for a total value of $79,237.76.
- On Tuesday, January 13th, Gregory Bowles sold 894 shares of Joby Aviation stock. The stock was sold at an average price of $14.83, for a total value of $13,258.02.
- On Friday, January 2nd, Gregory Bowles sold 4,194 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total transaction of $56,660.94.
Joby Aviation Stock Performance
Shares of JOBY opened at $9.82 on Thursday. Joby Aviation, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $20.95. The firm has a market cap of $8.95 billion, a price-to-earnings ratio of -7.32 and a beta of 2.57. The firm has a 50 day moving average price of $12.75 and a 200-day moving average price of $14.43.
Joby Aviation News Summary
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Q4 beat — Joby reported EPS of ($0.14) vs. consensus ($0.20) and revenue of ~$30.8M (well above estimates), showing a large year-over-year revenue jump and a narrower loss. This lift to near-term execution credibility is a primary driver of the rally. Read More.
- Positive Sentiment: Cash runway strengthened — Management highlighted a sizeable financing boost (reported ~ $1.8B raised) that meaningfully extends runway for certification and production investments, reducing an immediate liquidity overhang. Read More.
- Positive Sentiment: Commercial momentum — Joby rolled out Uber air‑taxi booking availability/partnership details, a tangible step toward revenue commercialization and demand validation. This partnership is being priced in as a long‑term growth catalyst. Read More.
- Neutral Sentiment: Sector & legal noise — Competitive/legal developments in the eVTOL group (e.g., Archer vs. Vertical) are creating cross‑stock sympathy moves; Joby may move with broader sector headlines rather than company specifics. Read More.
- Neutral Sentiment: Expect volatility around the print — Analysts warn Q4/commentary can spark sizable swings; this increases short‑term trading risk even if fundamentals improved. Read More.
- Negative Sentiment: Insider selling — Recent sales by an insider (Gregory Bowles) were disclosed, which can be interpreted negatively by the market even if the amounts are relatively small. Read More.
- Negative Sentiment: Valuation/analyst pressure — Some firms (including a Goldman Sachs sell initiation) and coverage notes flag rich valuation vs. execution risk; failure to deliver concrete certification/production milestones could amplify downside. Read More.
- Negative Sentiment: Technicals and positioning — JOBY trades below its 50‑ and 200‑day averages and has a history of wide intraday swings, which can magnify declines on any future disappointments. (Background market data)
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on JOBY. Canaccord Genuity Group reissued a “hold” rating and issued a $15.50 target price on shares of Joby Aviation in a research note on Tuesday, February 3rd. HC Wainwright raised Joby Aviation from a “neutral” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Thursday. Zacks Research raised Joby Aviation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Oppenheimer set a $18.00 target price on shares of Joby Aviation in a report on Thursday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $13.94.
Get Our Latest Research Report on Joby Aviation
Institutional Investors Weigh In On Joby Aviation
Several institutional investors and hedge funds have recently bought and sold shares of JOBY. Fifth Third Bancorp grew its position in shares of Joby Aviation by 207.4% in the 4th quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock worth $26,000 after buying an additional 1,348 shares during the last quarter. Asset Planning Inc lifted 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 acquiring an additional 700 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Joby Aviation by 284.8% in the second 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 period. Canton Hathaway LLC bought a new stake in Joby Aviation in the third quarter valued at $29,000. Finally, Strategic Advocates LLC purchased a new position in Joby Aviation during the 3rd quarter valued at $29,000. Hedge funds and other institutional investors own 52.85% of the company’s stock.
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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