Gregory Bowles Sells 1,172 Shares of Joby Aviation (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Gregory Bowles sold 1,172 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 $12,013.00. Following the sale, the insider owned 172,934 shares of the company’s stock, valued at $1,772,573.50. The trade was a 0.67% 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.

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

• On Wednesday, March 11th, Gregory Bowles sold 1,075 shares of Joby Aviation stock. The shares were sold at an average price of $9.90, for a total value of $10,642.50.
• On Tuesday, February 24th, Gregory Bowles sold 11,530 shares of Joby Aviation stock. The stock was sold at an average price of $9.62, for a total value of $110,918.60.
• On Monday, February 23rd, Gregory Bowles sold 3,551 shares of Joby Aviation stock. The stock was sold at an average price of $9.57, for a total value of $33,983.07.
• On Friday, February 13th, Gregory Bowles sold 4,464 shares of Joby Aviation stock. The shares were sold at an average price of $9.88, for a total value of $44,104.32.
• On Tuesday, February 10th, Gregory Bowles sold 816 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total value of $8,608.80.
• On Wednesday, January 14th, Gregory Bowles sold 5,383 shares of Joby Aviation stock. The stock was sold at an average price of $14.72, for a total value of $79,237.76.
• On Tuesday, January 13th, Gregory Bowles sold 894 shares of Joby Aviation stock. The shares were sold at an average price of $14.83, for a total transaction of $13,258.02.
• 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 transaction of $56,660.94.

Joby Aviation Stock Up 2.0%

Shares of Joby Aviation stock traded up $0.20 during trading on Friday, hitting $9.94. The stock had a trading volume of 5,763,202 shares, compared to its average volume of 28,279,824. Joby Aviation, Inc. has a 1 year low of $4.96 and a 1 year high of $20.95. The stock has a 50 day simple moving average of $11.88 and a 200 day simple moving average of $13.97. The company has a market capitalization of $9.06 billion, a PE ratio of -8.71 and a beta of 2.59.

Joby Aviation (NYSE:JOBY) last issued its quarterly earnings results on Wednesday, February 25th. The company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.06. The firm had revenue of $30.84 million during the quarter, compared to analysts’ expectations of $16.88 million. During the same quarter last year, the company posted ($0.34) EPS. The firm’s revenue was up 5506.5% compared to the same quarter last year. As a group, equities analysts expect that Joby Aviation, Inc. will post -0.69 earnings per share for the current fiscal year.

More Joby Aviation News

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

• Positive Sentiment: Major certification progress — Joby began flight testing its first FAA‑conforming aircraft as part of the Type Inspection Authorization (TIA) process, moving the company from prototype testing toward formal FAA evaluation for commercial operations. This materially de‑risks the certification pathway if testing proceeds smoothly. Joby’s First FAA-Conforming Aircraft Takes Flight
• Positive Sentiment: First production air‑taxi flown — Joby reported the maiden flight of its first production-model electric air taxi, a key step toward TIA and eventual type certification. This supports the company’s timeline for early commercial operations. Joby’s first production model takes off
• Positive Sentiment: Federal pilot programs & launch runway — Joby was selected for the DOT/FAA Advanced Air Mobility pilot (eIPP), enabling early operations across multiple states; company statements and local reports say U.S. air‑taxi service could begin in the coming months. These help shorten commercial ramp risk if operations scale as planned. Joby Aviation Joins Federal eIPP
• Positive Sentiment: Institutional interest — ARK Invest increased its JOBY position amid the FAA/DOT developments, signaling conviction from an active thematic investor. Cathie Wood Bets On Joby
• Neutral Sentiment: Long‑term market case highlighted — commentary and longer‑term bull notes (e.g., market size estimates and optionality across mobility/defense) underscore upside if Joby commercializes, but those are conditional on certification and scale. Could This Aviation Stock Turn $1,000 Into $100,000?
• Neutral Sentiment: Analyst mix — coverage remains split with several cautious price targets and a consensus “Reduce”; that keeps near‑term sell pressure possible despite long‑term optionality. MarketBeat analyst roundup
• Negative Sentiment: Legal/competitive friction — rival Archer filed/updated a countersuit alleging undisclosed China ties and related claims; the dispute raises potential supply‑chain, regulatory and reputational risks that can sap investor confidence. Context on disputes
• Negative Sentiment: Clustered insider selling — multiple senior executives (including the CEO and other officers) disclosed sales over the last two days. While amounts are small relative to total holdings, clustered sales often trigger short‑term selling and investor caution. SEC insider sale filings
• Negative Sentiment: Technical/valuation pressure — the stock is trading below its 50‑ and 200‑day moving averages and faces a consensus average target below some prior highs, making it vulnerable to momentum‑driven declines despite positive operational headlines. Joby stock data

Hedge Funds Weigh In On Joby Aviation

Several institutional investors and hedge funds have recently modified their holdings of JOBY. Royal Bank of Canada lifted its stake in Joby Aviation by 110.5% in the first quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock valued at $512,000 after acquiring an additional 44,659 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of Joby Aviation during the 1st quarter worth $273,000. Strs Ohio acquired a new position in shares of Joby Aviation during the 1st quarter worth $37,000. Envestnet Asset Management Inc. raised its holdings in shares of Joby Aviation by 26.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 42,169 shares of the company’s stock valued at $445,000 after purchasing 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 2nd quarter. Teacher Retirement System of Texas now owns 29,793 shares of the company’s stock valued at $314,000 after purchasing an additional 1,943 shares in the last quarter. 52.85% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

JOBY has been the subject of several recent analyst reports. Needham & Company LLC decreased their target price on Joby Aviation to $18.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Oppenheimer set a $18.00 price objective on Joby Aviation in a research note on Thursday, February 26th. The Goldman Sachs Group started coverage on Joby Aviation in a research report on Monday, December 1st. They set a “sell” rating and a $10.00 price objective for the company. Canaccord Genuity Group reaffirmed a “hold” rating and set a $15.50 target price on shares of Joby Aviation in a research note on Tuesday, February 3rd. Finally, HC Wainwright reissued a “buy” rating and issued a $18.00 price target on shares of Joby Aviation in a research report on Thursday. 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 stock. Based on data from MarketBeat.com, Joby Aviation presently has a consensus rating of “Reduce” and an average price target of $13.81.

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.