Key Points
- Gregory Bowles sold 3,551 shares on Feb. 23 at $9.57 (and 11,530 on Feb. 24), part of roughly 30,832 shares sold across several trades since Jan. 2; he still holds 181,890 shares valued at about $1.74M, a modest reduction in his stake.
- Joby shares are volatile and trading below their 50‑ and 200‑day moving averages (1‑year range $4.96–$20.95), with a market cap near $8.9B and an average analyst rating of "Reduce" and a $13.21 target, reflecting valuation and execution concerns.
- Toyota’s additional $250 million tranche and manufacturing support improve production and certification prospects, but near‑term risks — earnings volatility, sector legal/liquidity headlines, and recent insider selling — leave mixed signals for investors.
Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) insider Gregory Bowles sold 3,551 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $9.57, for a total transaction of $33,983.07. Following the sale, the insider owned 181,890 shares of the company's stock, valued at approximately $1,740,687.30. This represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Gregory Bowles also recently made the following trade(s):
- On Tuesday, February 24th, Gregory Bowles sold 11,530 shares of Joby Aviation stock. The shares were sold at an average price of $9.62, for a total transaction of $110,918.60.
- On Friday, February 13th, Gregory Bowles sold 4,464 shares of Joby Aviation stock. The shares were sold at an average price of $9.88, for a total transaction of $44,104.32.
- On Tuesday, February 10th, Gregory Bowles sold 816 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total transaction of $8,608.80.
- On Wednesday, January 14th, Gregory Bowles sold 5,383 shares of Joby Aviation stock. The shares were sold at an average price of $14.72, for a total value of $79,237.76.
- On Tuesday, January 13th, Gregory Bowles sold 894 shares of Joby Aviation stock. The shares were sold at an average price of $14.83, for a total value of $13,258.02.
- On Friday, January 2nd, Gregory Bowles sold 4,194 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total value of $56,660.94.
Joby Aviation Price Performance
Shares of NYSE JOBY opened at $9.74 on Wednesday. Joby Aviation, Inc. has a 1-year low of $4.96 and a 1-year high of $20.95. The company has a market capitalization of $8.88 billion, a price-to-earnings ratio of -7.27 and a beta of 2.57. The business has a 50-day moving average of $12.82 and a 200-day moving average of $14.47.
Institutional Trading of Joby Aviation
Institutional investors have recently added to or reduced their stakes in the stock. Sowell Financial Services LLC acquired a new position in Joby Aviation in the third quarter worth about $663,000. Pier 88 Investment Partners LLC acquired a new stake in Joby Aviation during the third quarter valued at approximately $635,000. Voya Investment Management LLC lifted its holdings in Joby Aviation by 20.0% during the 3rd quarter. Voya Investment Management LLC now owns 1,150,050 shares of the company's stock worth $18,562,000 after buying an additional 192,064 shares during the last quarter. Valeo Financial Advisors LLC acquired a new position in shares of Joby Aviation in the 2nd quarter worth approximately $461,000. Finally, Udine Wealth Management Inc. bought a new stake in shares of Joby Aviation in the 3rd quarter valued at approximately $1,414,000. 52.85% of the stock is owned by institutional investors and hedge funds.
Joby Aviation News Roundup
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Toyota expanded its investment and deepened the manufacturing partnership with Joby, adding a $250 million tranche and bringing Toyota Production System practices into Joby’s facilities — a direct show of strategic and operational support that helps de‑risk certification and scale-up execution. Toyota Investment Puts Joby Production Plans And Risks In Sharper Focus
- Positive Sentiment: Feature coverage highlighting Joby’s eVTOL vision and commuter use cases boosts the story’s long-term demand narrative and investor interest in the commercial opportunity. The electric jet age returns: Joby’s eVTOL plan to lift daily commutes off the ground
- Neutral Sentiment: Analysts and media are forecasting heightened volatility around Joby’s imminent Q4 earnings, with one preview suggesting the stock “could swing ~12%” on the report — this increases short-term trading risk but also creates potential upside if results beat or management provides encouraging certification/production updates. Joby Aviation Stock Could Swing 12% After Q4 Earnings
- Neutral Sentiment: Sector headlines (Archer vs. Vertical, and broader eVTOL legal/ liquidity stories) are driving sentiment across peers; Joby may trade on “sympathy” moves depending on competitors’ legal or funding news, making sector flow a material near‑term driver. Archer’s Lawsuit Tests Vertical Aerospace’s Cash Runway, Not Just Its Design
- Negative Sentiment: Insider selling: Gregory Bowles reported two recent sales (Feb. 23–24) totaling 15,081 shares at ~ $9.57–$9.62 — a modest reduction in his stake. Insider sales can be interpreted as a near‑term negative signal for sentiment even though the sizes are relatively small. SEC Form 4 — Gregory Bowles
- Negative Sentiment: Analyst/valuation pressure: coverage notes (and at least one sell initiation) have flagged Joby’s rich valuation vs. execution risk, which can amplify downside if the earnings call fails to deliver concrete certification or production milestones. Archer Aviation: The Billion-Dollar Battleground
- Negative Sentiment: Technical/positioning note: Joby is trading below its 50‑ and 200‑day moving averages and has a history of wide intraday swings — factors that can exacerbate declines on weak news or misses. (Background market data)
Analyst Ratings Changes
A number of research firms have recently issued reports on JOBY. The Goldman Sachs Group began coverage on shares of Joby Aviation in a research note on Monday, December 1st. They set a "sell" rating and a $10.00 price objective on the stock. Canaccord Genuity Group reaffirmed a "hold" rating and set a $15.50 price target on shares of Joby Aviation in a report on Tuesday, February 3rd. HC Wainwright reaffirmed a "neutral" rating on shares of Joby Aviation in a research note on Monday, November 24th. Needham & Company LLC reiterated a "buy" rating and issued a $22.00 price objective on shares of Joby Aviation in a report on Thursday, November 6th. Finally, JPMorgan Chase & Co. upped 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 investment 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. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $13.21.
Read Our Latest Research Report on JOBY
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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