Udine Wealth Management Inc. Acquires Shares of 87,579 Joby Aviation, Inc. $JOBY

Udine Wealth Management Inc. bought a new position in shares of Joby Aviation, Inc. (NYSE:JOBY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 87,579 shares of the company’s stock, valued at approximately $1,414,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Planning Inc raised its holdings in shares of Joby Aviation by 70.0% in the third quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock valued at $27,000 after buying an additional 700 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Joby Aviation by 284.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock valued at $27,000 after acquiring an additional 1,880 shares in the last quarter. Canton Hathaway LLC acquired a new stake in Joby Aviation in the 3rd quarter valued at about $29,000. Hilltop National Bank bought a new position in shares of Joby Aviation in the third quarter worth about $32,000. Finally, GPS Wealth Strategies Group LLC lifted its position in shares of Joby Aviation by 32.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 3,097 shares of the company’s stock worth $33,000 after purchasing an additional 750 shares in the last quarter. 52.85% of the stock is currently owned by institutional investors and hedge funds.

Joby Aviation Stock Up 2.1%

JOBY stock opened at $15.11 on Thursday. The business’s fifty day moving average is $14.53 and its 200-day moving average is $15.17. The company has a market cap of $13.78 billion, a P/E ratio of -11.28 and a beta of 2.56. Joby Aviation, Inc. has a twelve month low of $4.96 and a twelve month high of $20.95.

Joby Aviation (NYSE:JOBY) last announced its quarterly earnings data on Wednesday, November 5th. The company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.29). The company had revenue of $22.57 million during the quarter, compared to analyst estimates of $0.02 million. During the same period in the previous year, the business posted ($0.21) earnings per share. The firm’s revenue for the quarter was up 7962.1% compared to the same quarter last year. Research analysts anticipate that Joby Aviation, Inc. will post -0.69 earnings per share for the current fiscal year.

Insider Activity at Joby Aviation

In related news, insider Didier Papadopoulos sold 11,650 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $13.51, for a total transaction of $157,391.50. Following the completion of the transaction, the insider owned 120,147 shares in the company, valued at approximately $1,623,185.97. The trade was a 8.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Joeben Bevirt sold 23,552 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $13.51, for a total transaction of $318,187.52. Following the completion of the sale, the chief executive officer directly owned 288,814 shares of the company’s stock, valued at $3,901,877.14. The trade was a 7.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 289,556 shares of company stock worth $4,052,822. 28.50% of the stock is owned by company insiders.

Joby Aviation News Summary

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

• Positive Sentiment: Joby confirmed an expansion of manufacturing capacity with acquisition of a new Ohio facility — the move should help scale production and shorten time‑to‑delivery as the company ramps toward commercial service. Ohio facility acquisition
• Positive Sentiment: Joby announced a vertiport partnership with Metropolis to build 25 U.S. vertiports — this de‑risks market access and supports near‑term commercialization and recurring-local revenue opportunities. Vertiports partnership
• Neutral Sentiment: Analyst coverage remains mixed: a handful of buy/hold ratings but an average MarketBeat target below current levels — signaling continued debate on timing and valuation.
• Negative Sentiment: Multiple insiders — including CEO Joeben Bevirt, CFO Rodrigo Brumana and several senior execs — filed sales totaling large, public reductions of holdings on Jan. 13–14; the scale and breadth of these Form 4s can be read as a near‑term negative signal for investor confidence. Representative SEC filing (CEO). CEO Form 4

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on JOBY. Zacks Research raised shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. lifted their target price on Joby Aviation from $7.00 to $8.00 and gave the company an “underweight” rating in a research note on Friday, October 31st. HC Wainwright reaffirmed a “neutral” rating on shares of Joby Aviation in a research note on Monday, November 24th. Needham & Company LLC reiterated a “buy” rating and issued a $22.00 price target on shares of Joby Aviation in a report on Thursday, November 6th. Finally, Morgan Stanley lifted their price objective on Joby Aviation from $7.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 9th. One investment 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. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $13.43.

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.