Joby Aviation (NYSE:JOBY) Insider Sells $1,525,896.05 in Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Bonny Simi sold 110,173 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $13.85, for a total value of $1,525,896.05. Following the completion of the transaction, the insider owned 125,114 shares of the company’s stock, valued at approximately $1,732,828.90. This represents a 46.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Joby Aviation Trading Down 4.7%

Shares of NYSE JOBY opened at $15.54 on Thursday. The company’s 50-day moving average price is $14.61 and its 200 day moving average price is $14.95. Joby Aviation, Inc. has a 52 week low of $4.96 and a 52 week high of $20.95. The stock has a market cap of $14.16 billion, a price-to-earnings ratio of -11.59 and a beta of 2.56.

Joby Aviation (NYSE:JOBY) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.29). The business had revenue of $22.57 million for the quarter, compared to the consensus estimate of $0.02 million. During the same quarter in the previous year, the business earned ($0.21) earnings per share. Joby Aviation’s quarterly revenue was up 7962.1% on a year-over-year basis. As a group, research analysts expect that Joby Aviation, Inc. will post -0.69 earnings per share for the current year.

Analysts Set New Price Targets

JOBY has been the topic of several recent research reports. Morgan Stanley upped their price objective on Joby Aviation from $7.00 to $15.00 and gave the company an “equal weight” rating in a research report on Thursday, October 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a report on Wednesday, October 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $22.00 price target on shares of Joby Aviation in a research note on Thursday, November 6th. The Goldman Sachs Group initiated coverage on shares of Joby Aviation in a report on Monday, December 1st. They set a “sell” rating and a $10.00 price target for the company. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Joby Aviation from $7.00 to $8.00 and gave the company an “underweight” rating in a research report on Friday, October 31st. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $13.43.

Institutional Investors Weigh In On Joby Aviation

Several hedge funds have recently modified their holdings of the stock. Toyota Motor Corp boosted its holdings in Joby Aviation by 63.1% in the second quarter. Toyota Motor Corp now owns 128,454,401 shares of the company’s stock valued at $1,355,194,000 after acquiring an additional 49,701,790 shares during the last quarter. Vanguard Group Inc. increased its stake in Joby Aviation by 13.2% during the third quarter. Vanguard Group Inc. now owns 49,948,325 shares of the company’s stock worth $806,166,000 after acquiring an additional 5,828,189 shares during the last quarter. Rheos Capital Works Inc. raised its holdings in shares of Joby Aviation by 58.2% in the 2nd quarter. Rheos Capital Works Inc. now owns 7,205,000 shares of the company’s stock worth $76,013,000 after purchasing an additional 2,650,000 shares during the period. Man Group plc acquired a new position in shares of Joby Aviation in the 3rd quarter valued at about $40,283,000. Finally, Clear Street Group Inc. purchased a new stake in shares of Joby Aviation during the 3rd quarter worth about $36,264,000. 52.85% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Acquired a large, ready‑to‑use Ohio manufacturing facility (more than 700,000 sq. ft.) to more than double its Dayton footprint and support a plan to double production to ~4 aircraft/month by 2027 — a clear industrial step toward commercialization. Joby to Expand Manufacturing Footprint with Acquisition of Second Ohio Facility
• Positive Sentiment: Operational readiness: Joby has accepted FAA‑qualified CAE flight simulators and is scaling pilot training (plans to train a substantial pipeline of pilots), removing a key operational bottleneck ahead of planned commercial service. Joby Prepares for First Wave of Air-Taxi Pilot Training With CAE Flight Simulators
• Positive Sentiment: Market narrative & commercial rollout signals: recent reports of vertiport partnerships and sector momentum helped lift the stock in recent sessions as investors price in near‑term launch opportunities and vertiport networks. Why Did JOBY Stock Jump 12% Yesterday?
• Neutral Sentiment: Valuation and analyst mix: coverage remains mixed (buy/hold/sell mix and an average target below recent highs), so upside is contingent on execution and certification milestones rather than purely on headlines. Assessing Joby Aviation (JOBY) Valuation
• Negative Sentiment: Significant insider selling: multiple executives and former executives disclosed large share sales (including >100k shares disclosed for a former CEO/board member), which can trigger profit‑taking, raise short‑term supply and sap investor confidence despite company progress. Bonny Simi Sells 110,173 Shares of Joby Aviation

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.