Gregory Bowles Sells 894 Shares of Joby Aviation (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Gregory Bowles sold 894 shares of the company’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $14.83, for a total transaction of $13,258.02. Following the completion of the transaction, the insider directly owned 168,057 shares of the company’s stock, valued at $2,492,285.31. This represents a 0.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Gregory Bowles also recently made the following trade(s):

• On Wednesday, January 14th, Gregory Bowles sold 5,383 shares of Joby Aviation stock. The shares were sold at an average price of $14.72, for a total value of $79,237.76.
• On Friday, January 2nd, Gregory Bowles sold 4,194 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total value of $56,660.94.
• On Tuesday, November 25th, Gregory Bowles sold 3,931 shares of Joby Aviation stock. The shares were sold at an average price of $13.72, for a total transaction of $53,933.32.
• On Monday, November 24th, Gregory Bowles sold 4,604 shares of Joby Aviation stock. The stock was sold at an average price of $13.31, for a total value of $61,279.24.

Joby Aviation Price Performance

Shares of JOBY opened at $15.27 on Friday. The stock has a market capitalization of $13.93 billion, a price-to-earnings ratio of -11.40 and a beta of 2.56. Joby Aviation, Inc. has a 1 year low of $4.96 and a 1 year high of $20.95. The business’s 50 day simple moving average is $14.55 and its 200-day simple moving average is $15.17.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. The Goldman Sachs Group started coverage on shares of Joby Aviation in a report on Monday, December 1st. They issued a “sell” rating and a $10.00 price target for the company. Morgan Stanley raised their price target 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. JPMorgan Chase & Co. lifted their price objective on shares of Joby Aviation from $7.00 to $8.00 and gave the stock an “underweight” rating in a research note on Friday, October 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Joby Aviation presently has a consensus rating of “Reduce” and an average price target of $13.43.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in JOBY. Sowell Financial Services LLC purchased a new stake in Joby Aviation in the 3rd quarter valued at about $663,000. Voya Investment Management LLC raised its stake in shares of Joby Aviation by 20.0% during the third quarter. Voya Investment Management LLC now owns 1,150,050 shares of the company’s stock valued at $18,562,000 after acquiring an additional 192,064 shares in the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of Joby Aviation in the second quarter valued at approximately $461,000. Ring Mountain Capital LLC purchased a new stake in shares of Joby Aviation in the second quarter valued at approximately $211,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Joby Aviation in the second quarter worth approximately $1,018,000. Hedge funds and other institutional investors own 52.85% of the company’s stock.

Joby Aviation News Summary

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

• Positive Sentiment: Joby announced an expansion of manufacturing capacity with an acquisition of a facility in Ohio — a move that should help scale production, shorten time‑to‑delivery and support commercialization and margin improvement as operations ramp. Acquisition Article
• Positive Sentiment: Joby struck a partnership with Metropolis to build ~25 vertiports across the U.S., de‑risking infrastructure needs for its air‑taxi rollout and improving the credibility of near‑term revenue opportunities from localized services. Vertiports Article
• Neutral Sentiment: Analyst coverage remains mixed — consensus ratings lean toward “Reduce” with an average price target around $13.43, while a handful of firms maintain Buy/Hold views. This keeps near‑term analyst catalysts limited.
• Neutral Sentiment: Institutional ownership is significant (~53%), and small recent position changes by smaller funds are unlikely to move the stock materially on their own.
• Negative Sentiment: A broad set of insiders sold shares on Jan. 13–14, including CEO Joeben Bevirt, CFO Rodrigo Brumana and other senior execs — many filings show multi‑thousand share sales (e.g., Kate Dehoff sold 28,260 shares; Eric Allison sold 21,493 shares). The scale and breadth of these Form 4 filings can be interpreted as a short‑term negative signal to investors. See a representative SEC filing (CEO). CEO Form 4

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.