Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Didier Papadopoulos sold 804 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $14.53, for a total value of $11,682.12. Following the transaction, the insider owned 115,211 shares of the company’s stock, valued at $1,674,015.83. This trade represents a 0.69% decrease in their position. 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 Tuesday, January 13th, Didier Papadopoulos sold 1,367 shares of Joby Aviation stock. The shares were sold at an average price of $14.84, for a total value of $20,286.28.
- 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 transaction of $101,835.36.
- On Friday, January 2nd, Didier Papadopoulos sold 11,650 shares of Joby Aviation stock. The shares were sold at an average price of $13.51, for a total transaction 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 transaction of $27,864.32.
- On Monday, December 15th, Didier Papadopoulos sold 5,987 shares of Joby Aviation stock. The shares were sold at an average price of $14.99, for a total value of $89,745.13.
Joby Aviation Stock Up 2.1%
Joby Aviation stock traded up $0.30 during midday trading on Wednesday, hitting $15.11. The company’s stock had a trading volume of 20,695,715 shares, compared to its average volume of 28,610,189. The stock’s 50-day moving average price is $14.53 and its 200-day moving average price is $15.17. Joby Aviation, Inc. has a 12 month low of $4.96 and a 12 month high of $20.95. The company has a market capitalization of $13.78 billion, a PE ratio of -11.28 and a beta of 2.56.
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.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on JOBY shares. Needham & Company LLC reissued a “buy” rating and set a $22.00 target price on shares of Joby Aviation in a research note on Thursday, November 6th. Zacks Research raised Joby Aviation from a “strong sell” rating to a “hold” rating in a research note 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 reiterated a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $13.43.
Get Our Latest Report on Joby Aviation
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Spire Wealth Management raised its stake in shares of Joby Aviation by 14.0% during the 4th quarter. Spire Wealth Management now owns 21,164 shares of the company’s stock worth $279,000 after purchasing an additional 2,594 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Joby Aviation by 2.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,158,084 shares of the company’s stock valued at $15,287,000 after buying an additional 32,410 shares in the last quarter. Dakota Wealth Management increased its holdings in Joby Aviation by 7.8% in the fourth quarter. Dakota Wealth Management now owns 20,696 shares of the company’s stock worth $273,000 after buying an additional 1,501 shares during the last quarter. CoreCap Advisors LLC increased its holdings in Joby Aviation by 38.6% in the fourth quarter. CoreCap Advisors LLC now owns 5,856 shares of the company’s stock worth $77,000 after buying an additional 1,631 shares during the last quarter. Finally, Defender Capital LLC. bought a new position in Joby Aviation during the fourth quarter valued at approximately $133,000. 52.85% of the stock is owned by institutional investors and hedge funds.
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.
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