Duality Advisers LP bought a new position in shares of Joby Aviation, Inc. (NYSE:JOBY – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 247,248 shares of the company’s stock, valued at approximately $1,644,000.
Other large investors have also recently bought and sold shares of the company. Sittner & Nelson LLC increased its holdings in shares of Joby Aviation by 100.0% during the 3rd quarter. Sittner & Nelson LLC now owns 4,000 shares of the company’s stock worth $26,000 after purchasing an additional 2,000 shares during the period. Exchange Traded Concepts LLC bought a new position in Joby Aviation during the third quarter valued at about $47,000. Monterey Private Wealth Inc. acquired a new position in Joby Aviation in the 4th quarter valued at approximately $67,000. International Assets Investment Management LLC bought a new stake in shares of Joby Aviation in the 4th quarter worth approximately $73,000. Finally, Teza Capital Management LLC acquired a new stake in shares of Joby Aviation during the 3rd quarter worth approximately $76,000. 45.54% of the stock is currently owned by institutional investors and hedge funds.
Joby Aviation Stock Performance
JOBY opened at $4.72 on Tuesday. Joby Aviation, Inc. has a 1 year low of $3.72 and a 1 year high of $11.98. The stock’s 50 day simple moving average is $5.28 and its 200-day simple moving average is $5.79.
Insider Activity at Joby Aviation
In other Joby Aviation news, CEO Joeben Bevirt sold 5,448 shares of the firm’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $4.64, for a total transaction of $25,278.72. Following the completion of the transaction, the chief executive officer now owns 662,605 shares in the company, valued at $3,074,487.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, insider Matthew Field sold 12,500 shares of the business’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $5.50, for a total value of $68,750.00. Following the sale, the insider now owns 232,506 shares of the company’s stock, valued at approximately $1,278,783. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Joeben Bevirt sold 5,448 shares of the stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $4.64, for a total value of $25,278.72. Following the transaction, the chief executive officer now owns 662,605 shares of the company’s stock, valued at $3,074,487.20. The disclosure for this sale can be found here. Insiders have sold a total of 550,832 shares of company stock valued at $2,822,382 over the last quarter. 49.50% of the stock is owned by company insiders.
Joby Aviation Company Profile
Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.
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