Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Kate Dehoff sold 2,193 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $10.25, for a total transaction of $22,478.25. Following the sale, the insider owned 161,936 shares of the company’s stock, valued at $1,659,844. The trade was a 1.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Kate Dehoff also recently made the following trade(s):
- On Wednesday, March 11th, Kate Dehoff sold 1,433 shares of Joby Aviation stock. The shares were sold at an average price of $9.90, for a total value of $14,186.70.
- On Friday, February 13th, Kate Dehoff sold 8,539 shares of Joby Aviation stock. The shares were sold at an average price of $9.88, for a total value of $84,365.32.
- On Wednesday, February 11th, Kate Dehoff sold 16,235 shares of Joby Aviation stock. The stock was sold at an average price of $9.91, for a total value of $160,888.85.
- On Tuesday, February 10th, Kate Dehoff sold 1,076 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total value of $11,351.80.
- On Monday, February 2nd, Kate Dehoff sold 8,194 shares of Joby Aviation stock. The stock was sold at an average price of $10.48, for a total value of $85,873.12.
- On Wednesday, January 14th, Kate Dehoff sold 28,260 shares of Joby Aviation stock. The shares were sold at an average price of $14.72, for a total value of $415,987.20.
- On Tuesday, January 13th, Kate Dehoff sold 7,092 shares of Joby Aviation stock. The shares were sold at an average price of $14.84, for a total value of $105,245.28.
- On Friday, January 2nd, Kate Dehoff sold 10,484 shares of Joby Aviation stock. The shares were sold at an average price of $13.51, for a total value of $141,638.84.
Joby Aviation Stock Performance
JOBY traded down $0.38 during trading on Thursday, reaching $9.85. The company had a trading volume of 6,634,563 shares, compared to its average volume of 28,328,887. The firm’s 50-day simple moving average is $11.95 and its 200 day simple moving average is $14.00. The company has a market cap of $8.98 billion, a price-to-earnings ratio of -8.64 and a beta of 2.59. Joby Aviation, Inc. has a 12-month low of $4.96 and a 12-month high of $20.95.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on JOBY. JPMorgan Chase & Co. decreased their price objective on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating for the company in a research note on Thursday, February 26th. Oppenheimer set a $18.00 target price on shares of Joby Aviation in a research note on Thursday, February 26th. Canaccord Genuity Group restated a “hold” rating and issued a $15.50 target price on shares of Joby Aviation in a report on Tuesday, February 3rd. The Goldman Sachs Group started coverage on Joby Aviation in a research report on Monday, December 1st. They issued a “sell” rating and a $10.00 target price for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Joby Aviation has a consensus rating of “Reduce” and an average price target of $13.81.
Get Our Latest Report on Joby Aviation
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in JOBY. Royal Bank of Canada lifted its position in Joby Aviation by 110.5% in the 1st quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock worth $512,000 after buying an additional 44,659 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of Joby Aviation in the first quarter worth $273,000. Strs Ohio acquired a new position in shares of Joby Aviation in the first quarter worth $37,000. Envestnet Asset Management Inc. raised its holdings in shares of Joby Aviation by 26.1% during the second quarter. Envestnet Asset Management Inc. now owns 42,169 shares of the company’s stock worth $445,000 after acquiring an additional 8,741 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its holdings in shares of Joby Aviation by 7.0% during the second quarter. Teacher Retirement System of Texas now owns 29,793 shares of the company’s stock worth $314,000 after acquiring an additional 1,943 shares in the last quarter. Institutional investors and hedge funds own 52.85% of the company’s stock.
Key Headlines Impacting Joby Aviation
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Joby began flight testing its first FAA‑conforming aircraft as part of the Type Inspection Authorization (TIA) process — a key step toward type certification and commercial passenger service. This materially de‑risks Joby’s certification timeline and supports commercial launch plans. Joby’s First FAA-Conforming Aircraft Takes Flight
- Positive Sentiment: Regulatory/operational pathway strengthened: Joby was named to federal eVTOL/eIPP and DOT advanced air mobility pilot initiatives, enabling early operations across multiple U.S. states and aligning the company with government pilot programs — a near‑term commercial runway catalyst. Joby Aviation Joins Federal eIPP
- Positive Sentiment: Commercial launch timeline tightened: multiple reports say Joby plans to launch U.S. air‑taxi operations in the coming months, supported by the first production model now flying — a sign that operational commercialization is moving from concept to execution. Joby to launch U.S. air-taxi service
- Positive Sentiment: Institutional conviction: ARK Invest (Cathie Wood) added JOBY shares amid the FAA/DOT activity, signaling continued investor interest from an active AAM-focused fund. Cathie Wood Bets On Joby
- Neutral Sentiment: Analyst/coverage commentary highlights optionality across mobility and defense markets, framing Joby as having multiple addressable markets but still dependent on certification and scale to monetize those opportunities. Joby Aviation: Optionality Across Mobility And Defense
- Negative Sentiment: Legal and regulatory risk increased after rival Archer filed/updated countersuit alleging Joby concealed China ties and misclassified imports — claims that could raise supply‑chain and contract risks and invite regulatory scrutiny. This has pressured sentiment despite the certification progress. Joby’s first production model takes off / context on disputes
- Negative Sentiment: Insider selling — multiple filings show executives (including the CEO and other senior officers) sold shares over the last two days. While amounts are relatively small versus total holdings, the cluster of sales can signal near‑term profit‑taking and contributes to downward pressure on the stock. SEC insider sale filings
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.
Further Reading
- Five stocks we like better than Joby Aviation
- America Is Losing the Mineral Arms Race With China. Trump Just Fired Back.
- The Forbes Mineral America Needs
- How China Accidentally Created Its Own Rare Earth Rival
- Gilder: Don’t Buy AI Stocks, Do This Instead
- The largest IPO in history is coming
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.
