Joby Aviation (NYSE:JOBY) Stock: Insider Joeben Bevirt Sells 15,789 Shares

Joby Aviation, Inc. (NYSE:JOBY) CEO JoeBen Bevirt sold 15,789 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $5.95, for a total transaction of $93,944.55. Following the sale, the chief executive officer directly owned 254,519 shares in the company, valued at approximately $1,514,388.05. This trade represents a 5.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Joeben Bevirt also recently made the following trade(s):

• On Tuesday, September 15th, JoeBen Bevirt sold 606,667 shares of Joby Aviation stock. The stock was sold at an average price of $6.19, for a total value of $3,755,268.73.

Joby Aviation Stock Down 2.6%

NYSE:JOBY traded down $0.15 during trading hours on Monday, hitting $5.79. 21,327,477 shares of the company’s stock traded hands, compared to its average volume of 31,249,814. The stock’s fifty day moving average price is $7.01 and its two-hundred day moving average price is $8.46. The firm has a market cap of $5.73 billion, a P/E ratio of -5.85 and a beta of 2.66. The company has a debt-to-equity ratio of 0.40, a quick ratio of 17.98 and a current ratio of 17.98. Joby Aviation, Inc. has a twelve month low of $5.72 and a twelve month high of $19.98.

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

Key Joby Aviation News

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 Analysts Forecast Growth

A number of research firms have recently weighed in on JOBY. HC Wainwright reaffirmed a “buy” rating and issued a $18.00 price target on shares of Joby Aviation in a research note on Monday, September 21st. Barclays upgraded shares of Joby Aviation to a “hold” rating in a research note on Wednesday, July 29th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Joby Aviation in a report on Monday, September 21st. Needham & Company LLC dropped their price objective on shares of Joby Aviation from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, Susquehanna set a $18.00 price target on Joby Aviation in a research note on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $13.81.

Hedge Funds Weigh In On Joby Aviation

Hedge funds have recently modified their holdings of the stock. QRG Capital Management Inc. lifted its holdings in shares of Joby Aviation by 116.4% during the second quarter. QRG Capital Management Inc. now owns 33,868 shares of the company’s stock valued at $302,000 after acquiring an additional 18,219 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Joby Aviation by 22.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 385,572 shares of the company’s stock worth $3,439,000 after purchasing an additional 70,772 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Joby Aviation by 46.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 57,994 shares of the company’s stock worth $517,000 after purchasing an additional 18,427 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Joby Aviation by 37.8% during the 2nd quarter. NewEdge Advisors LLC now owns 53,240 shares of the company’s stock valued at $475,000 after purchasing an additional 14,594 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in Joby Aviation by 10.2% during the 2nd quarter. Arizona State Retirement System now owns 67,557 shares of the company’s stock valued at $603,000 after purchasing an additional 6,258 shares during the last quarter. 52.85% of the stock is owned by institutional investors and hedge funds.

Joby Aviation Company Profile

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.