Joby Aviation (NYSE:JOBY) CEO Sells $4,370,177.22 in Stock

May 16, 2026 by InsiderTrades.com

Key Points

CEO Joeben Bevirt sold 421,019 shares of Joby Aviation on May 15 at an average price of $10.38, totaling about $4.37 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
Despite the insider sale, Joby Aviation reported better-than-expected quarterly results on May 5, with EPS of -$0.12 versus estimates of -$0.21 and revenue of $24.25 million versus expectations of $20.17 million.
Analyst sentiment remains mixed to cautious: the stock has a consensus rating of “Reduce” and an average price target of $13.06, while Joby’s shares were trading around $10.37 and the company continues to attract attention in the eVTOL sector.

Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) CEO Joeben Bevirt sold 421,019 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $10.38, for a total transaction of $4,370,177.22. Following the transaction, the chief executive officer directly owned 31,678,802 shares in the company, valued at $328,825,964.76. This represents a 1.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

eVTOL Investing: Ditch the Taxi, Buy the Blueprint

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

On Wednesday, April 15th, Joeben Bevirt sold 421,018 shares of Joby Aviation stock. The stock was sold at an average price of $9.03, for a total transaction of $3,801,792.54.
On Wednesday, April 15th, Joeben Bevirt sold 39,963 shares of Joby Aviation stock. The stock was sold at an average price of $9.03, for a total transaction of $360,865.89.
On Wednesday, April 8th, Joeben Bevirt sold 986 shares of Joby Aviation stock. The stock was sold at an average price of $8.87, for a total transaction of $8,745.82.
On Thursday, April 2nd, Joeben Bevirt sold 15,823 shares of Joby Aviation stock. The stock was sold at an average price of $8.15, for a total transaction of $128,957.45.
On Tuesday, March 10th, Joeben Bevirt sold 3,238 shares of Joby Aviation stock. The stock was sold at an average price of $10.25, for a total transaction of $33,189.50.
On Tuesday, February 17th, Joeben Bevirt sold 507,182 shares of Joby Aviation stock. The stock was sold at an average price of $9.91, for a total transaction of $5,026,173.62.
On Tuesday, February 17th, Joeben Bevirt sold 63,636 shares of Joby Aviation stock. The stock was sold at an average price of $9.91, for a total transaction of $630,632.76.

Joby Aviation Stock Down 2.6%

Shares of JOBY opened at $10.37 on Friday. Joby Aviation, Inc. has a 12 month low of $6.42 and a 12 month high of $20.95. The firm's 50 day moving average is $9.26 and its 200-day moving average is $12.00. The stock has a market capitalization of $10.20 billion, a PE ratio of -9.01 and a beta of 2.61. The company has a current ratio of 22.06, a quick ratio of 22.05 and a debt-to-equity ratio of 0.36.

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Joby Aviation (NYSE:JOBY - Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.09. The company had revenue of $24.25 million for the quarter, compared to analysts' expectations of $20.17 million. Joby Aviation had a negative net margin of 1,232.62% and a negative return on equity of 60.54%. During the same period last year, the firm earned ($0.11) earnings per share. Equities research analysts forecast that Joby Aviation, Inc. will post -0.83 EPS for the current year.

Hedge Funds Weigh In On Joby Aviation

A number of hedge funds have recently modified their holdings of the business. Pier 88 Investment Partners LLC bought a new position in Joby Aviation during the third quarter worth $635,000. Udine Wealth Management Inc. bought a new position in Joby Aviation during the third quarter worth $1,414,000. Kemnay Advisory Services Inc. bought a new position in Joby Aviation during the third quarter worth $2,830,000. Kingsview Wealth Management LLC raised its stake in Joby Aviation by 838.2% during the third quarter. Kingsview Wealth Management LLC now owns 96,759 shares of the company's stock worth $1,562,000 after buying an additional 86,446 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Joby Aviation by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 52,488,707 shares of the company's stock worth $692,851,000 after buying an additional 2,540,382 shares during the last quarter. Institutional investors and hedge funds own 52.85% of the company's stock.

Wall Street Analysts Forecast Growth

Boarding Passes Now Being Issued for the Ultimate eVTOL Arbitrage

A number of analysts have weighed in on the stock. Wall Street Zen upgraded shares of Joby Aviation from a "strong sell" rating to a "sell" rating in a research report on Sunday, May 10th. 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. Canaccord Genuity Group cut their price target on shares of Joby Aviation from $15.50 to $11.50 and set a "hold" rating on the stock in a report on Thursday, May 7th. Morgan Stanley cut their price target on shares of Joby Aviation from $15.00 to $13.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 6th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $18.00 price target on shares of Joby Aviation in a report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target of $13.06.

Check Out Our Latest Stock Analysis on JOBY

Key Joby Aviation News

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

Positive Sentiment: Joby continues to attract attention as a leading eVTOL name, with recent coverage highlighting its potential to benefit from the growth of advanced air mobility and comparisons that frame it as one of the stronger players in the sector.
Neutral Sentiment: News that Joby is planning New York eVTOL demonstrations and discussing progress under the FAA’s eIPP suggests the company is still pushing regulatory and public-awareness efforts that could support long-term adoption, but these developments are not immediate revenue catalysts. Article Title Article Title
Negative Sentiment: CEO Joeben Bevirt sold 421,019 shares in a pre-arranged 10b5-1 transaction, a move that can weigh on sentiment even though it was disclosed as part of a planned trading arrangement. Article Title
Negative Sentiment: Some recent commentary compares Joby with Archer and suggests the competition in the eVTOL race is still highly uncertain, reinforcing concerns that execution and regulatory timing will be key to future upside. Article Title

About Joby Aviation

(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.