Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells $10,642.50 in Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Gregory Bowles sold 1,075 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $9.90, for a total transaction of $10,642.50. Following the sale, the insider owned 171,859 shares in the company, valued at $1,701,404.10. The trade was a 0.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Gregory Bowles also recently made the following trade(s):

• On Tuesday, March 10th, Gregory Bowles sold 1,172 shares of Joby Aviation stock. The shares were sold at an average price of $10.25, for a total transaction of $12,013.00.
• 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 Monday, February 23rd, Gregory Bowles sold 3,551 shares of Joby Aviation stock. The shares were sold at an average price of $9.57, for a total transaction of $33,983.07.
• On Friday, February 13th, Gregory Bowles sold 4,464 shares of Joby Aviation stock. The stock was sold at an average price of $9.88, for a total value 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 value 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 shares were sold at an average price of $13.51, for a total value of $56,660.94.

Joby Aviation Stock Performance

Shares of JOBY opened at $9.70 on Friday. The stock’s 50-day simple moving average is $11.79 and its 200 day simple moving average is $13.94. The stock has a market capitalization of $8.84 billion, a price-to-earnings ratio of -8.50 and a beta of 2.59. Joby Aviation, Inc. has a 52-week low of $4.96 and a 52-week high of $20.95.

Joby Aviation (NYSE:JOBY) last issued its earnings results on Wednesday, February 25th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.06. The company had revenue of $30.84 million during the quarter, compared to the consensus estimate of $16.88 million. The firm’s revenue for the quarter was up 5506.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.34) EPS. On average, research analysts forecast that Joby Aviation, Inc. will post -0.69 earnings per share for the current fiscal year.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Progress toward FAA type certification: Joby has begun flight testing its first FAA‑conforming production aircraft as part of the Type Inspection Authorization (TIA) process — a direct regulatory milestone that materially de‑risks timing for commercial operations. Joby Flies First FAA-Conforming Aircraft For TIA Testing
• Positive Sentiment: Demonstration flights showcase operational readiness: Joby completed piloted flights across San Francisco Bay (including around the Golden Gate) and highlighted a 50,000‑mile “electric skies” tour — both signal operational maturity and marketing momentum ahead of commercial launch. Joby Completes Piloted Electric Air Taxi Flight Across San Francisco Bay
• Positive Sentiment: Federal pilot programs and DOT support: Joby was named to the Department of Transportation’s advanced air mobility/eIPP pilot initiatives, enabling early deployments across multiple states — a practical near‑term commercial runway and potential demand catalyst. Joby Aviation Joins Federal eIPP
• Positive Sentiment: Commercial launch signals: Multiple outlets report Joby plans to begin U.S. air‑taxi operations in the coming months, supported by the first production model now flying — this shortens the pathway from testing to revenue realization. Joby Aviation to launch U.S. air-taxi service
• Positive Sentiment: Institutional interest: ARK Invest added to its position amid the FAA/DOT activity, which can support investor confidence and liquidity. Cathie Wood Bets On Joby
• Neutral Sentiment: Market opportunity framing: Analyst pieces emphasize Joby’s optionality across mobility and defense markets — large TAM upside but monetization remains contingent on certification, manufacturing scale and unit economics. Joby Aviation: Optionality Across Mobility And Defense
• Negative Sentiment: Legal/competitive overhang: Rival Archer filed/updated a countersuit alleging undisclosed China ties and related misconduct — these claims raise litigation and regulatory risk that can weigh on contracts, partnerships and investor sentiment. Joby’s first production model takes off / context on disputes
• Negative Sentiment: Clustered insider selling: Several executives (including the CEO and other senior officers) disclosed share sales over recent days. While sizes are modest versus total holdings, concentrated short‑term selling can signal profit‑taking and adds short‑term downward pressure. Joby Insider Selling Filings

Institutional Trading of Joby Aviation

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Joby Aviation by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 52,488,707 shares of the company’s stock valued at $692,851,000 after acquiring an additional 2,540,382 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Joby Aviation by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 11,790,532 shares of the company’s stock worth $155,671,000 after acquiring an additional 390,794 shares during the last quarter. State Street Corp lifted its holdings in shares of Joby Aviation by 5.0% in the 4th quarter. State Street Corp now owns 10,812,929 shares of the company’s stock worth $142,731,000 after acquiring an additional 512,129 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Joby Aviation by 6.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,370,983 shares of the company’s stock valued at $57,697,000 after purchasing an additional 271,475 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Joby Aviation by 41.2% in the 3rd quarter. Bank of America Corp DE now owns 4,192,109 shares of the company’s stock valued at $67,661,000 after purchasing an additional 1,223,412 shares in the last quarter. Hedge funds and other institutional investors own 52.85% of the company’s stock.

Analyst Upgrades and Downgrades

JOBY has been the subject of several recent analyst reports. Canaccord Genuity Group reaffirmed a “hold” rating and set a $15.50 price objective on shares of Joby Aviation in a research note on Tuesday, February 3rd. HC Wainwright reiterated a “buy” rating and issued a $18.00 target price on shares of Joby Aviation in a research note on Thursday. The Goldman Sachs Group assumed coverage on shares of Joby Aviation in a report on Monday, December 1st. They issued a “sell” rating and a $10.00 price target for the company. Oppenheimer set a $18.00 price target on shares of Joby Aviation in a research report on Thursday, February 26th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Joby Aviation presently has an average rating of “Reduce” and a consensus target price of $13.81.

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.