Joby Aviation (NYSE:JOBY) Insider Kate Dehoff Sells 1,433 Shares of Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 1,433 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $9.90, for a total value of $14,186.70. Following the completion of the sale, the insider owned 160,503 shares of the company’s stock, valued at approximately $1,588,979.70. This trade represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, March 10th, Kate Dehoff sold 2,193 shares of Joby Aviation stock. The stock was sold at an average price of $10.25, for a total value of $22,478.25.
• 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $415,987.20.
• On Tuesday, January 13th, Kate Dehoff sold 7,092 shares of Joby Aviation stock. The stock was sold at an average price of $14.84, for a total transaction of $105,245.28.
• On Friday, January 2nd, Kate Dehoff sold 10,484 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total transaction of $141,638.84.

Joby Aviation Stock Down 3.7%

Shares of JOBY traded down $0.38 during trading hours on Thursday, reaching $9.85. 6,634,563 shares of the company traded hands, compared to its average volume of 28,328,887. The stock has a market capitalization of $8.98 billion, a P/E 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. The business has a fifty day moving average price of $11.95 and a 200-day moving average price of $14.00.

Joby Aviation (NYSE:JOBY) last issued its earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business earned ($0.34) EPS. The business’s revenue was up 5506.5% on a year-over-year basis. As a group, research analysts predict that Joby Aviation, Inc. will post -0.69 EPS for the current fiscal year.

Joby Aviation News Summary

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

Analyst Ratings Changes

Several brokerages have recently issued reports on JOBY. Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. JPMorgan Chase & Co. cut their price target on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a report on Thursday, February 26th. The Goldman Sachs Group assumed coverage on shares of Joby Aviation in a research report on Monday, December 1st. They set a “sell” rating and a $10.00 price target for the company. Oppenheimer set a $18.00 price objective on shares of Joby Aviation in a research note on Thursday, February 26th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $18.00 price objective on shares of Joby Aviation in a report on Thursday. Two equities research 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. According to MarketBeat.com, Joby Aviation currently has an average rating of “Reduce” and an average price target of $13.81.

Hedge Funds Weigh In On Joby Aviation

Several institutional investors and hedge funds have recently modified their holdings of JOBY. Sowell Financial Services LLC purchased a new position in Joby Aviation during the third quarter valued at approximately $663,000. Pier 88 Investment Partners LLC acquired a new position in Joby Aviation in the third quarter valued at approximately $635,000. Voya Investment Management LLC boosted its position in Joby Aviation by 20.0% in the 3rd quarter. Voya Investment Management LLC now owns 1,150,050 shares of the company’s stock worth $18,562,000 after purchasing an additional 192,064 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of Joby Aviation during the 2nd quarter worth approximately $461,000. Finally, Udine Wealth Management Inc. acquired a new stake in shares of Joby Aviation during the 3rd quarter worth approximately $1,414,000. Institutional investors and hedge funds own 52.85% of the company’s stock.

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.