Joby Aviation (NYSE:JOBY) CFO Sells $15,475.95 in Stock

October 6, 2026 by InsiderTrades.com

Key Points

Joby Aviation insider Gregory Bowles sold 7,663 shares at an average price of $5.95, worth approximately $45,595. The sale covered tax withholding obligations tied to vested equity awards, leaving him with 199,006 shares.
JOBY shares opened at $5.79 and were down 2.6%, near their 52-week low of $5.72. The company remains unprofitable, reporting a quarterly EPS loss of $0.25 despite revenue exceeding analyst expectations.
Analyst sentiment is mixed: Joby has an average “Reduce” rating and a consensus price target of $13.81. Investors continue to weigh potential upside from electric air-taxi certification against regulatory, production, dilution and litigation risks.

Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) CFO Rodrigo Brumana sold 2,601 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $5.95, for a total value of $15,475.95. Following the transaction, the chief financial officer directly owned 113,275 shares in the company, valued at approximately $673,986.25. This represents a 2.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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Rodrigo Brumana also recently made the following trade(s):

On Thursday, September 3rd, Rodrigo Brumana sold 8,898 shares of Joby Aviation stock. The shares were sold at an average price of $6.89, for a total value of $61,307.22.
On Wednesday, September 2nd, Rodrigo Brumana sold 37,831 shares of Joby Aviation stock. The shares were sold at an average price of $6.77, for a total value of $256,115.87.

Joby Aviation Stock Performance

JOBY stock opened at $5.79 on Tuesday. The stock's 50 day simple moving average is $6.98 and its 200 day simple moving average is $8.43. Joby Aviation, Inc. has a 12-month low of $5.72 and a 12-month high of $19.98. The firm has a market cap of $5.73 billion, a P/E ratio of -5.85 and a beta of 2.66. The company has a current ratio of 17.98, a quick ratio of 17.98 and a debt-to-equity ratio of 0.40.

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Joby Aviation (NYSE:JOBY - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.23) by ($0.02). Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%.The business had revenue of $38.64 million during the quarter, compared to analyst estimates of $30.20 million. During the same period in the prior year, the firm earned ($0.41) EPS. The business's revenue for the quarter was up 257493.3% compared to the same quarter last year. As a group, equities research analysts predict that Joby Aviation, Inc. will post -1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. HC Wainwright reiterated a "buy" rating and set a $18.00 price objective on shares of Joby Aviation in a research note on Monday, September 21st. Weiss Ratings upgraded Joby Aviation from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Tuesday, July 14th. Barclays raised Joby Aviation to a "hold" rating in a report on Wednesday, July 29th. Needham & Company LLC dropped their price target on Joby Aviation from $18.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, August 6th. Finally, Cantor Fitzgerald reissued a "neutral" rating on shares of Joby Aviation in a report on Monday, September 21st. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $13.81.

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Check Out Our Latest Stock Report on JOBY

Joby Aviation News Summary

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

Positive Sentiment: Joby’s revenue outlook remains a relative bright spot: management raised its 2026 forecast, and recent quarterly revenue exceeded analyst expectations. A White House-backed pilot program could also help validate demand and accelerate adoption of electric air-taxi services. Should You Be Worried About Joby Stock?
Positive Sentiment: Joby is trading near its 52-week low, creating potential upside if the company successfully completes certification and launches commercial air-taxi operations. However, that upside depends on execution and avoiding shareholder dilution. Joby Aviation Is Near Its 52-Week Low With 91% Upside. The Catch Is Real
Neutral Sentiment: Multiple executives and insiders—including CEO JoeBen Bevirt, CFO Rodrigo Brumana and other senior personnel—sold shares at approximately $5.95. The transactions totaled roughly $350,000 and were reported as sales to cover tax withholding on vested equity awards, making them less concerning than discretionary sales, although the concentration of sales may weigh on sentiment. SEC Form 4 Filing
Negative Sentiment: Joby’s reported growth is largely coming from Blade, its acquired helicopter-passenger business, rather than its own electric aircraft. Investors still need evidence that Joby can obtain regulatory approval, scale production and begin commercial air-taxi service. Should You Be Worried About Joby Stock?
Negative Sentiment: A federal court dismissed or narrowed several claims in Joby’s litigation against Archer Aviation, granting Archer some legal relief and weakening a potential catalyst for JOBY. Archer Aviation Gets Legal Relief as Court Dismisses Some Joby Claims

Institutional Trading of Joby Aviation

Large investors have recently modified their holdings of the company. Clear Street Group Inc. lifted its position in Joby Aviation by 59.9% in the 4th quarter. Clear Street Group Inc. now owns 3,593,043 shares of the company's stock valued at $47,428,000 after purchasing an additional 1,346,205 shares during the last quarter. Renaissance Technologies LLC grew its position in Joby Aviation by 194.5% in the 1st quarter. Renaissance Technologies LLC now owns 4,005,200 shares of the company's stock worth $33,083,000 after purchasing an additional 2,645,200 shares during the last quarter. Norges Bank bought a new position in Joby Aviation in the 4th quarter worth about $32,269,000. Amova Asset Management Americas Inc. increased its stake in shares of Joby Aviation by 0.9% in the fourth quarter. Amova Asset Management Americas Inc. now owns 1,808,251 shares of the company's stock valued at $23,851,000 after purchasing an additional 16,862 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Joby Aviation by 48.1% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,679,515 shares of the company's stock valued at $22,133,000 after purchasing an additional 870,244 shares during the period. Institutional investors and hedge funds own 52.85% of the company's stock.

Joby Aviation Company Profile

(Get Free Report)

Joby Aviation, Inc (NYSE: JOBY) is an aviation company developing all-electric vertical takeoff and landing (eVTOL) aircraft for commercial passenger transportation. Its aircraft are designed to take off and land vertically like a helicopter while providing quieter, lower-emission transportation for short urban and regional trips.

The company is pursuing an integrated air-taxi business model that includes designing and manufacturing its aircraft, operating passenger services, and developing the software and infrastructure needed to support aerial mobility.