Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells $22,478.25 in Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 2,193 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $10.25, for a total value of $22,478.25. Following the completion of the transaction, the insider directly owned 161,936 shares in the company, valued at $1,659,844. This represents a 1.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Kate Dehoff also recently made the following trade(s):

• On Wednesday, March 11th, Kate Dehoff sold 1,433 shares of Joby Aviation stock. The stock was sold at an average price of $9.90, for a total value of $14,186.70.
• On Friday, February 13th, Kate Dehoff sold 8,539 shares of Joby Aviation stock. The shares were sold at an average price of $9.88, for a total value of $84,365.32.
• On Wednesday, February 11th, Kate Dehoff sold 16,235 shares of Joby Aviation stock. The shares were sold at an average price of $9.91, for a total value of $160,888.85.
• On Tuesday, February 10th, Kate Dehoff sold 1,076 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total transaction of $11,351.80.
• On Monday, February 2nd, Kate Dehoff sold 8,194 shares of Joby Aviation stock. The stock was sold at an average price of $10.48, for a total transaction of $85,873.12.
• On Wednesday, January 14th, Kate Dehoff sold 28,260 shares of Joby Aviation stock. The shares were sold at an average price of $14.72, for a total transaction of $415,987.20.
• On Tuesday, January 13th, Kate Dehoff sold 7,092 shares of Joby Aviation stock. The shares were sold at an average price of $14.84, for a total transaction of $105,245.28.
• On Friday, January 2nd, Kate Dehoff sold 10,484 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total transaction of $141,638.84.

Joby Aviation Stock Performance

Shares of JOBY opened at $9.70 on Friday. The business’s 50-day moving average is $11.79 and its two-hundred day moving average is $13.94. The company has a market capitalization of $8.84 billion, a P/E ratio of -8.50 and a beta of 2.59. Joby Aviation, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $20.95.

Joby Aviation (NYSE:JOBY) last issued its quarterly earnings data on Wednesday, February 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.06. The company had revenue of $30.84 million during the quarter, compared to analyst estimates of $16.88 million. During the same period last year, the firm earned ($0.34) EPS. The business’s quarterly revenue was up 5506.5% compared to the same quarter last year. Analysts forecast that Joby Aviation, Inc. will post -0.69 EPS for the current year.

Hedge Funds Weigh In On Joby Aviation

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Joby Aviation by 5.1% in the fourth quarter. Vanguard Group Inc. now owns 52,488,707 shares of the company’s stock valued at $692,851,000 after purchasing an additional 2,540,382 shares during the period. Geode Capital Management LLC raised its stake in shares of Joby Aviation by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 11,790,532 shares of the company’s stock worth $155,671,000 after buying an additional 390,794 shares during the period. State Street Corp raised its stake in shares of Joby Aviation by 5.0% during the 4th quarter. State Street Corp now owns 10,812,929 shares of the company’s stock worth $142,731,000 after buying an additional 512,129 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Joby Aviation by 6.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,370,983 shares of the company’s stock valued at $57,697,000 after buying an additional 271,475 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Joby Aviation by 41.2% during the 3rd quarter. Bank of America Corp DE now owns 4,192,109 shares of the company’s stock valued at $67,661,000 after buying an additional 1,223,412 shares in the last quarter. Hedge funds and other institutional investors own 52.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on JOBY. Needham & Company LLC decreased their price target on Joby Aviation to $18.00 and set a “buy” rating for the company in a report on Thursday, February 26th. JPMorgan Chase & Co. cut their target price on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating for the company in a report on Thursday, February 26th. Canaccord Genuity Group reiterated a “hold” rating and issued a $15.50 target price on shares of Joby Aviation in a research note on Tuesday, February 3rd. The Goldman Sachs Group started coverage on shares of Joby Aviation in a report on Monday, December 1st. They set a “sell” rating and a $10.00 price target on the stock. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a research report on Thursday, January 22nd. Two 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. Based on data from MarketBeat.com, Joby Aviation currently has a consensus rating of “Reduce” and an average price target of $13.81.

More Joby Aviation News

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

• Positive Sentiment: Progress toward FAA type certification: Joby has begun flight testing its first FAA‑conforming production aircraft as part of the Type Inspection Authorization (TIA) process — a direct regulatory milestone that materially de‑risks timing for commercial operations. Joby Flies First FAA-Conforming Aircraft For TIA Testing
• Positive Sentiment: Demonstration flights showcase operational readiness: Joby completed piloted flights across San Francisco Bay (including around the Golden Gate) and highlighted a 50,000‑mile “electric skies” tour — both signal operational maturity and marketing momentum ahead of commercial launch. Joby Completes Piloted Electric Air Taxi Flight Across San Francisco Bay
• Positive Sentiment: Federal pilot programs and DOT support: Joby was named to the Department of Transportation’s advanced air mobility/eIPP pilot initiatives, enabling early deployments across multiple states — a practical near‑term commercial runway and potential demand catalyst. Joby Aviation Joins Federal eIPP
• Positive Sentiment: Commercial launch signals: Multiple outlets report Joby plans to begin U.S. air‑taxi operations in the coming months, supported by the first production model now flying — this shortens the pathway from testing to revenue realization. Joby Aviation to launch U.S. air-taxi service
• Positive Sentiment: Institutional interest: ARK Invest added to its position amid the FAA/DOT activity, which can support investor confidence and liquidity. Cathie Wood Bets On Joby
• Neutral Sentiment: Market opportunity framing: Analyst pieces emphasize Joby’s optionality across mobility and defense markets — large TAM upside but monetization remains contingent on certification, manufacturing scale and unit economics. Joby Aviation: Optionality Across Mobility And Defense
• Negative Sentiment: Legal/competitive overhang: Rival Archer filed/updated a countersuit alleging undisclosed China ties and related misconduct — these claims raise litigation and regulatory risk that can weigh on contracts, partnerships and investor sentiment. Joby’s first production model takes off / context on disputes
• Negative Sentiment: Clustered insider selling: Several executives (including the CEO and other senior officers) disclosed share sales over recent days. While sizes are modest versus total holdings, concentrated short‑term selling can signal profit‑taking and adds short‑term downward pressure. Joby Insider Selling Filings

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.