Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells $56,971.25 in Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 9,575 shares of the company’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $5.95, for a total transaction of $56,971.25. Following the completion of the sale, the insider owned 189,178 shares in the company, valued at approximately $1,125,609.10. This trade represents a 4.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kate Dehoff also recently made the following trade(s):

• On Tuesday, July 14th, Kate Dehoff sold 14,240 shares of Joby Aviation stock. The shares were sold at an average price of $7.73, for a total transaction of $110,075.20.
• On Monday, July 13th, Kate Dehoff sold 8,381 shares of Joby Aviation stock. The stock was sold at an average price of $7.53, for a total value of $63,108.93.

Joby Aviation Stock Down 2.6%

JOBY stock traded down $0.15 on Monday, reaching $5.79. 21,327,477 shares of the company traded hands, compared to its average volume of 31,249,814. The firm has a fifty day simple moving average of $7.01 and a 200-day simple moving average of $8.46. The company has a market cap of $5.73 billion, a P/E ratio of -5.85 and a beta of 2.66. Joby Aviation, Inc. has a one year low of $5.72 and a one year high of $19.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 17.98 and a quick ratio of 17.98.

Joby Aviation (NYSE:JOBY) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.02). The firm had revenue of $38.64 million for the quarter, compared to the consensus estimate of $30.20 million. Joby Aviation had a negative net margin of 755.11% and a negative return on equity of 55.29%. The firm’s revenue for the quarter was up 257493.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.41) earnings per share. Research analysts anticipate that Joby Aviation, Inc. will post -1 earnings per share for the current year.

Institutional Investors Weigh In On Joby Aviation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JOBY. Renaissance Technologies LLC raised its stake in shares of Joby Aviation by 194.5% in the first quarter. Renaissance Technologies LLC now owns 4,005,200 shares of the company’s stock valued at $33,083,000 after acquiring an additional 2,645,200 shares during the period. Norges Bank bought a new stake in shares of Joby Aviation during the fourth quarter valued at approximately $32,269,000. Clear Street Group Inc. raised its position in Joby Aviation by 59.9% during the 4th quarter. Clear Street Group Inc. now owns 3,593,043 shares of the company’s stock valued at $47,428,000 after purchasing an additional 1,346,205 shares in the last quarter. USS Investment Management Ltd bought a new stake in Joby Aviation during the 1st quarter valued at $8,868,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Joby Aviation by 971.4% in the 4th quarter. BNP Paribas Financial Markets now owns 1,002,005 shares of the company’s stock worth $13,226,000 after buying an additional 908,486 shares during the period. 52.85% of the stock is currently owned by hedge funds and other institutional investors.

Joby Aviation News Summary

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

• Positive Sentiment: Joby has raised its 2026 revenue outlook, and recent revenue exceeded analyst expectations. A White House-backed pilot program could also support future demand for electric air-taxi services. However, much of the current revenue growth is coming from Blade, the helicopter passenger business acquired by Joby, rather than from Joby’s own aircraft. Joby Aviation Is Near Its 52-Week Low With 91% Upside. The Catch Is Real
• Neutral Sentiment: Multiple Joby insiders, including CEO JoeBen Bevirt, CFO Rodrigo Brumana and directors and executives Kate Dehoff, Bonny Simi, Gregory Bowles, Sergey Novikov and Eric Allison, sold shares at approximately $5.95. The sales collectively involved about 59,000 shares and were disclosed as sales to cover tax-withholding obligations tied to vested equity awards, making them less concerning than discretionary insider selling. SEC insider transaction filing
• Negative Sentiment: A federal court reportedly dismissed or narrowed several claims in Joby’s legal dispute with Archer Aviation, giving Archer some relief and weakening Joby’s position in the litigation. Archer Aviation Gets Legal Relief as Court Dismisses Some Joby Claims
• Negative Sentiment: Investors remain concerned that Joby’s core air-taxi business has not yet entered commercial service. The company continues to face certification and execution risks, ongoing losses and the possibility that additional capital needs could dilute shareholders. Should You Be Worried About Joby Stock?
• Negative Sentiment: Director Paul Sciarra also reported selling 62,500 shares under a Rule 10b5-1 trading plan, adding to the recent flow of insider-sale headlines even though the transaction was preplanned. Joby Aviation Director Paul Sciarra Sells 62,500 Shares via Rule 10b5-1 Trading Plan

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Needham & Company LLC dropped their target price on shares of Joby Aviation from $18.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Wall Street Zen cut Joby Aviation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th. HC Wainwright reissued a “buy” rating and set a $18.00 target price on shares of Joby Aviation in a research note on Monday, September 21st. Cantor Fitzgerald restated a “neutral” rating on shares of Joby Aviation in a research note on Monday, September 21st. Finally, Weiss Ratings upgraded shares of Joby Aviation from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 14th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $13.81.

About Joby Aviation

Joby Aviation, Inc (NYSE: JOBY) is an aviation company developing all-electric vertical takeoff and landing (eVTOL) aircraft for commercial passenger transportation. Its aircraft are designed to take off and land vertically like a helicopter while providing quieter, lower-emission transportation for short urban and regional trips.

The company is pursuing an integrated air-taxi business model that includes designing and manufacturing its aircraft, operating passenger services, and developing the software and infrastructure needed to support aerial mobility.