Joby Aviation, Inc. (NYSE:JOBY) Insider Sells $20,789.81 in Stock

Joby Aviation, Inc. (NYSE:JOBYGet Free Report) insider Didier Papadopoulos sold 4,217 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $4.93, for a total transaction of $20,789.81. Following the transaction, the insider now directly owns 81,121 shares of the company’s stock, valued at $399,926.53. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Friday, May 3rd, Didier Papadopoulos sold 2,587 shares of Joby Aviation stock. The stock was sold at an average price of $5.50, for a total transaction of $14,228.50.
  • On Wednesday, April 3rd, Didier Papadopoulos sold 11,362 shares of Joby Aviation stock. The shares were sold at an average price of $4.96, for a total transaction of $56,355.52.

Joby Aviation Price Performance

Shares of NYSE JOBY opened at $4.80 on Friday. The business’s 50 day moving average price is $4.98 and its two-hundred day moving average price is $5.54. Joby Aviation, Inc. has a twelve month low of $4.50 and a twelve month high of $11.98.

Joby Aviation (NYSE:JOBYGet Free Report) last issued its earnings results on Tuesday, May 7th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.03. The business had revenue of $0.03 million for the quarter, compared to the consensus estimate of $0.05 million. During the same quarter in the prior year, the firm posted ($0.16) earnings per share. The business’s revenue was down 97.5% compared to the same quarter last year. As a group, equities research analysts expect that Joby Aviation, Inc. will post -0.69 EPS for the current fiscal year.

Hedge Funds Weigh In On Joby Aviation

Institutional investors and hedge funds have recently modified their holdings of the stock. Baillie Gifford & Co. raised its holdings in Joby Aviation by 10.3% in the 4th quarter. Baillie Gifford & Co. now owns 56,320,441 shares of the company’s stock valued at $374,531,000 after acquiring an additional 5,267,436 shares during the period. Vanguard Group Inc. grew its holdings in Joby Aviation by 9.1% in the 1st quarter. Vanguard Group Inc. now owns 34,659,624 shares of the company’s stock valued at $185,776,000 after buying an additional 2,889,012 shares in the last quarter. 8VC GP I LLC bought a new position in Joby Aviation during the 4th quarter worth $95,727,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Joby Aviation by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,818,603 shares of the company’s stock worth $25,394,000 after buying an additional 64,404 shares in the last quarter. Finally, ARK Investment Management LLC grew its stake in shares of Joby Aviation by 7.2% in the fourth quarter. ARK Investment Management LLC now owns 3,404,900 shares of the company’s stock valued at $22,643,000 after acquiring an additional 227,331 shares in the last quarter. 45.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

JOBY has been the subject of several analyst reports. JPMorgan Chase & Co. upgraded Joby Aviation from an “underweight” rating to a “neutral” rating and set a $5.00 price objective for the company in a report on Friday, May 3rd. Cantor Fitzgerald restated an “overweight” rating and issued a $10.00 price target on shares of Joby Aviation in a research note on Monday.

Check Out Our Latest Stock Report on Joby Aviation

Joby Aviation Company Profile

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for Joby Aviation (NYSE:JOBY)

Receive News & Ratings for Joby Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Joby Aviation and related companies with MarketBeat.com's FREE daily email newsletter.