Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells 1,367 Shares of Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Didier Papadopoulos sold 1,367 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $14.84, for a total transaction of $20,286.28. Following the completion of the transaction, the insider directly owned 116,015 shares of the company’s stock, valued at approximately $1,721,662.60. The trade was a 1.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, January 14th, Didier Papadopoulos sold 804 shares of Joby Aviation stock. The stock was sold at an average price of $14.53, for a total value of $11,682.12.
• On Monday, January 5th, Didier Papadopoulos sold 6,429 shares of Joby Aviation stock. The shares were 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 stock was 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 shares were sold at an average price of $14.08, for a total value of $27,864.32.
• On Monday, December 15th, Didier Papadopoulos sold 5,987 shares of Joby Aviation stock. The stock was sold at an average price of $14.99, for a total value of $89,745.13.

Joby Aviation Stock Performance

NYSE JOBY traded up $0.30 on Wednesday, hitting $15.11. 20,695,715 shares of the stock were exchanged, compared to its average volume of 28,610,189. Joby Aviation, Inc. has a 52-week low of $4.96 and a 52-week high of $20.95. The firm has a market capitalization of $13.78 billion, a P/E ratio of -11.28 and a beta of 2.56. The stock has a fifty day moving average price of $14.53 and a two-hundred day moving average price of $15.17.

Joby Aviation (NYSE:JOBY) last released its earnings results on Wednesday, November 5th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.29). The firm had revenue of $22.57 million for the quarter, compared to analysts’ expectations of $0.02 million. The company’s revenue was up 7962.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.21) EPS. Sell-side analysts expect that Joby Aviation, Inc. will post -0.69 earnings per share for the current fiscal year.

Analyst Ratings Changes

JOBY has been the subject of a number of research analyst reports. Zacks Research raised Joby Aviation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. HC Wainwright restated a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Needham & Company LLC reaffirmed a “buy” rating and issued a $22.00 price target on shares of Joby Aviation in a research note on Thursday, November 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research report on Wednesday, October 8th. Finally, Morgan Stanley upped their target price on shares of Joby Aviation from $7.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 9th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $13.43.

Institutional Trading of Joby Aviation

A number of hedge funds have recently added to or reduced their stakes in the business. CWM LLC grew its holdings in Joby Aviation by 8.1% during the 2nd quarter. CWM LLC now owns 9,156 shares of the company’s stock worth $97,000 after acquiring an additional 689 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in shares of Joby Aviation by 22.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 3,794 shares of the company’s stock worth $61,000 after purchasing an additional 697 shares during the period. Asset Planning Inc boosted its stake 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 valued at $27,000 after purchasing an additional 700 shares in the last quarter. GoalVest Advisory LLC boosted its stake in shares of Joby Aviation by 2.1% during the fourth quarter. GoalVest Advisory LLC now owns 33,500 shares of the company’s stock valued at $442,000 after purchasing an additional 700 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in Joby Aviation by 4.6% during the third quarter. Thrivent Financial for Lutherans now owns 16,705 shares of the company’s stock valued at $270,000 after buying an additional 736 shares during the period. 52.85% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Joby will expand manufacturing capacity with an acquisition of a new Ohio facility — the move should help scale production and shorten time-to-delivery as Joby ramps toward commercial service, supporting long‑term revenue and margin improvement. Read More.
• Positive Sentiment: Joby partnered with Metropolis to build 25 vertiports across the U.S., a key infrastructure deal that de‑risks market access and supports launch plans for its air‑taxi service — this increases the credibility of near‑term commercialization and potential localized recurring revenue streams. Read More.
• Negative Sentiment: Multiple insiders (including CEO Joeben Bevirt, CFO Rodrigo Brumana and several senior executives) sold shares across filings on Jan. 13–14 — aggregating into sizable, public reductions of insider positions. While insider sales can reflect diversification or liquidity needs, the breadth and scale of the transactions can be interpreted as a near‑term negative signal by investors. See representative SEC Form 4 filing (CEO). Read More.

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.