Joby Aviation (NYSE:JOBY) Stock: Insider Kate Dehoff Sells 8,279 Shares

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 8,279 shares of the company’s stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $5.09, for a total transaction of $42,140.11. Following the transaction, the insider owned 196,964 shares of the company’s stock, valued at approximately $1,002,546.76. The trade was a 4.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kate Dehoff also recently made the following trade(s):

• On Friday, October 2nd, Kate Dehoff sold 9,575 shares of Joby Aviation stock. The stock was sold at an average price of $5.95, for a total transaction of $56,971.25.

Joby Aviation Trading Up 4.7%

Shares of NYSE:JOBY opened at $4.83 on Friday. The firm’s 50-day simple moving average is $6.63 and its 200-day simple moving average is $8.22. The company has a quick ratio of 17.98, a current ratio of 17.98 and a debt-to-equity ratio of 0.40. Joby Aviation, Inc. has a fifty-two week low of $4.43 and a fifty-two week high of $18.77.

Joby Aviation (NYSE:JOBY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.02). The firm had revenue of $38.64 million for the quarter, compared to analyst estimates of $30.20 million. Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%. The company’s revenue was up 257493.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.41) earnings per share. As a group, equities analysts predict that Joby Aviation, Inc. will post -1.00 EPS for the current year.

Institutional Investors Weigh In On Joby Aviation

A number of large investors have recently added to or reduced their stakes in JOBY. Renaissance Technologies LLC increased its holdings in Joby Aviation by 194.5% during the 1st quarter. Renaissance Technologies LLC now owns 4,005,200 shares of the company’s stock valued at $33,083,000 after acquiring an additional 2,645,200 shares in the last quarter. USS Investment Management Ltd acquired a new position in Joby Aviation during the first quarter worth about $8,868,000. Sumitomo Mitsui Trust Group Inc. raised its position in Joby Aviation by 48.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,679,515 shares of the company’s stock worth $22,133,000 after acquiring an additional 870,244 shares during the last quarter. Amova Asset Management Americas Inc. raised its position in Joby Aviation by 48.1% during the first quarter. Amova Asset Management Americas Inc. now owns 2,678,495 shares of the company’s stock worth $22,124,000 after acquiring an additional 870,244 shares during the last quarter. Finally, Bank of Nova Scotia purchased a new stake in shares of Joby Aviation in the first quarter valued at about $6,915,000. 52.85% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

JOBY has been the topic of a number of analyst reports. HC Wainwright restated a “buy” rating and issued a $18.00 price target on shares of Joby Aviation in a research note on Monday, September 21st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a report on Monday. Barclays started coverage on Joby Aviation in a research report on Friday, October 9th. They issued an “underweight” rating and a $4.00 price objective for the company. Cantor Fitzgerald reiterated a “neutral” rating on shares of Joby Aviation in a research report on Monday, September 21st. Finally, Susquehanna set a $18.00 target price on Joby Aviation in a report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $12.72.

Key Stories Impacting Joby Aviation

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

• Positive Sentiment: Some market commentators continue to view Joby as an attractive speculative opportunity before its first paying passenger flight. Supportive factors include progress toward commercial operations, flights in Texas, a manufacturing relationship with Toyota and the possibility that regulatory approval could significantly improve the company’s valuation. 1 eVTOL Stock to Buy Before the First Paying Passenger Takes Off
• Positive Sentiment: Joby was highlighted as a potential value pick outside the artificial-intelligence trade, which may be supporting interest from investors looking for beaten-down growth stocks. The bullish case remains tied to the company eventually securing certification and building a scalable air-taxi business. Only 20 Stocks Are Holding Up the Market: 3 Bargains Outside AI
• Neutral Sentiment: Joby will release third-quarter 2026 results after the market closes on November 4 and hold an investor webcast afterward. The announcement itself provides no financial update, but the report should offer insight into cash usage, production progress and certification timing. Joby Aviation to Report Third Quarter 2026 Financial Results
• Neutral Sentiment: Insiders Eric Allison and Kate Dehoff sold shares to cover tax-withholding obligations tied to vested equity awards. Although the transactions reduced their holdings, the stated purpose makes them a limited signal of management’s view of Joby’s prospects. Joby Aviation Insider Selling
• Negative Sentiment: FAA certification is now viewed as potentially slipping into late 2027 or early 2028, delaying Joby’s commercial ramp. The company’s approximately $2.3 billion cash balance provides runway, but continued losses and cash burn increase the risk that commercialization will require additional funding. The Resonant Sciences acquisition adds defense exposure but may dilute focus on the core eVTOL strategy. Joby Aviation: A Compelling Opportunity, But Patience Is Required
• Negative Sentiment: Barclays cut its price target from $6 to $4 and assigned an Underweight rating following an October legal verdict. Analysts remain divided, with concerns about competition, financing needs, manufacturing scalability and valuation weighing against the long-term air-taxi opportunity. Joby Aviation Stock Gets Fair Value Trim

About Joby Aviation

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.