Key Points
- Kate Dehoff sold 10,484 Joby shares on Jan. 2 at an average of $13.51 for proceeds of $141,638.84, trimming her position by 5.95% to 165,696 shares (about $2.24M).
- The trade adds to notable insider selling this week — including CEO Joeben Bevirt and former CEO/board member Bonny Simi — which may weigh on investor sentiment despite possible non‑operational reasons for the sales.
- Context: JOBY is up ~11.5% recently with a market cap around $14.6B, an average analyst consensus of "Reduce" (price target $13.43), and it recently missed EPS estimates even as revenue surged year‑over‑year.
Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) insider Gregory Bowles sold 4,194 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $13.51, for a total transaction of $56,660.94. Following the transaction, the insider owned 166,344 shares in the company, valued at approximately $2,247,307.44. The trade was a 2.46% 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.
Gregory Bowles also recently made the following trade(s):
- On Tuesday, November 25th, Gregory Bowles sold 3,931 shares of Joby Aviation stock. The stock was sold at an average price of $13.72, for a total transaction of $53,933.32.
- On Monday, November 24th, Gregory Bowles sold 4,604 shares of Joby Aviation stock. The stock was sold at an average price of $13.31, for a total transaction of $61,279.24.
Joby Aviation Stock Up 11.5%
Shares of JOBY opened at $16.01 on Tuesday. Joby Aviation, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $20.95. The company's fifty day moving average is $14.63 and its two-hundred day moving average is $14.89. The firm has a market cap of $14.60 billion, a PE ratio of -11.95 and a beta of 2.56.
Joby Aviation (NYSE:JOBY - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported ($0.48) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by ($0.29). The firm had revenue of $22.57 million during the quarter, compared to analyst estimates of $0.02 million. The firm's revenue was up 7962.1% on a year-over-year basis. During the same period last year, the firm posted ($0.21) EPS. As a group, equities research analysts anticipate that Joby Aviation, Inc. will post -0.69 earnings per share for the current year.
Key Joby Aviation News
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Joby accepted its first eVTOL flight simulators from CAE, a milestone for pilot training and regulatory readiness that supports near-term operational buildout and commercial launch planning. Joby Accepts First EVTOL Simulators From CAE
- Positive Sentiment: Industry tailwinds: reports that flying‑taxi services are set to begin operations in markets such as China and the UAE this year reinforce demand validation for urban air mobility and improve the sector narrative that benefits Joby as a market leader. Flying taxis set to soar in China and UAE this year
- Positive Sentiment: Small insider buy: a Joby director purchased about $14.6k of shares — a modest signal of confidence from the board but limited in size. Insider Buying: Joby Aviation Director Buys Stock
- Neutral Sentiment: Visibility/PR at CES 2026: Joby is mentioned among firms to watch at CES, which can boost awareness and investor interest but has unclear direct impact on revenue/certification timelines. What To Expect At CES 2026: Joby
- Negative Sentiment: Large insider selling this week — including CEO Joeben Bevirt and former CEO/board member Bonny Simi — with multiple executives trimming positions (sales range mid‑thousands of shares to >110k shares for Simi). These disclosed Form 4s (CEO and Simi) represent notable reductions in insider ownership and can weigh on sentiment even if sales are for diversification or tax planning. Bevirt Form 4 Simi Form 4
Institutional Trading of Joby Aviation
Hedge funds have recently made changes to their positions in the company. Toyota Motor Corp grew its holdings in Joby Aviation by 63.1% during the 2nd quarter. Toyota Motor Corp now owns 128,454,401 shares of the company's stock valued at $1,355,194,000 after purchasing an additional 49,701,790 shares in the last quarter. Vanguard Group Inc. boosted its position in Joby Aviation by 13.2% in the 3rd quarter. Vanguard Group Inc. now owns 49,948,325 shares of the company's stock valued at $806,166,000 after buying an additional 5,828,189 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Joby Aviation by 5.4% during the second quarter. Geode Capital Management LLC now owns 11,109,935 shares of the company's stock valued at $117,230,000 after acquiring an additional 573,328 shares in the last quarter. State Street Corp grew its stake in shares of Joby Aviation by 3.0% during the second quarter. State Street Corp now owns 10,392,018 shares of the company's stock valued at $109,636,000 after acquiring an additional 305,109 shares in the last quarter. Finally, Rheos Capital Works Inc. increased its position in shares of Joby Aviation by 58.2% during the second quarter. Rheos Capital Works Inc. now owns 7,205,000 shares of the company's stock worth $76,013,000 after acquiring an additional 2,650,000 shares during the last quarter. Hedge funds and other institutional investors own 52.85% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on JOBY shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $22.00 price objective on shares of Joby Aviation in a research note on Thursday, November 6th. Zacks Research raised shares of Joby Aviation from a "strong sell" rating to a "hold" rating in a research report on Tuesday, November 4th. The Goldman Sachs Group began coverage on shares of Joby Aviation in a research report on Monday, December 1st. They issued a "sell" rating and a $10.00 price objective for the company. Morgan Stanley raised their target price on shares of Joby Aviation from $7.00 to $15.00 and gave the company an "equal weight" rating in a research note on Thursday, October 9th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Joby Aviation in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, Joby Aviation has a consensus rating of "Reduce" and an average target price of $13.43.
Read Our Latest Analysis on Joby Aviation
Joby Aviation Company Profile
(
Get Free Report)
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.
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