Joby Aviation (NYSE:JOBY) Insider Kate Dehoff Sells 8,539 Shares

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 8,539 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $9.88, for a total value of $84,365.32. Following the transaction, the insider owned 159,877 shares of the company’s stock, valued at $1,579,584.76. The trade was a 5.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Wednesday, February 11th, Kate Dehoff sold 16,235 shares of Joby Aviation stock. The shares were sold at an average price of $9.91, for a total transaction of $160,888.85.
• On Tuesday, February 10th, Kate Dehoff sold 1,076 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total transaction of $11,351.80.
• On Monday, February 2nd, Kate Dehoff sold 8,194 shares of Joby Aviation stock. The shares were sold at an average price of $10.48, for a total transaction of $85,873.12.
• On Wednesday, January 14th, Kate Dehoff sold 28,260 shares of Joby Aviation stock. The stock was sold at an average price of $14.72, for a total value of $415,987.20.
• On Tuesday, January 13th, Kate Dehoff sold 7,092 shares of Joby Aviation stock. The stock was sold at an average price of $14.84, for a total value of $105,245.28.
• On Friday, January 2nd, Kate Dehoff sold 10,484 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total value of $141,638.84.

Joby Aviation Price Performance

NYSE JOBY opened at $9.98 on Wednesday. Joby Aviation, Inc. has a one year low of $4.96 and a one year high of $20.95. The firm has a market cap of $9.10 billion, a P/E ratio of -7.45 and a beta of 2.57. The stock’s 50-day moving average is $13.30 and its 200-day moving average is $14.77.

Hedge Funds Weigh In On Joby Aviation

A number of large investors have recently modified their holdings of JOBY. Royal Bank of Canada raised its holdings in Joby Aviation by 110.5% during the first quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock worth $512,000 after acquiring an additional 44,659 shares in the last quarter. AQR Capital Management LLC bought a new position in Joby Aviation in the first quarter valued at approximately $273,000. Strs Ohio bought a new stake in shares of Joby Aviation during the 1st quarter worth approximately $37,000. IFP Advisors Inc boosted its holdings in shares of Joby Aviation by 137.9% in the 2nd quarter. IFP Advisors Inc now owns 9,030 shares of the company’s stock valued at $95,000 after buying an additional 5,234 shares during the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of Joby Aviation in the 2nd quarter valued at approximately $304,000. 52.85% of the stock is currently owned by institutional investors and hedge funds.

Key Joby Aviation News

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

• Positive Sentiment: Joby announced a production strategy with Toyota engineers embedded in its facilities and a target of ramping to four aircraft per month by 2027 — a material operational milestone that could lower unit costs and create a competitive manufacturing advantage. Made by Toyota: Joby Aviation Targeting 4 Aircraft Per Month
• Neutral Sentiment: Joby’s January capital raise (~$1B, mix of equity and convertibles) boosted cash above $1B and funds the Dayton facility and ramp — this reduces near-term insolvency risk but also caused short-term dilution that pressured the stock earlier. Made by Toyota: Joby Aviation Targeting 4 Aircraft Per Month
• Negative Sentiment: Multiple insiders sold shares this week, including CEO Joeben Bevirt’s large sale (507,182 shares at ~$9.91 reported Feb. 17) disclosed in an SEC Form 4 — a high-profile block that can be interpreted as meaningful selling pressure even if it’s for diversification or other non-fundamental reasons. CEO Form 4 filing
• Negative Sentiment: Several other executives and insiders (Bonny W. Simi, Eric Allison, Didier Papadopoulos, Gregory Bowles, Kate DeHoff) also reported sales in mid-February, collectively reducing insider stake percentages — additional selling that can sap confidence while the company transitions to production. Sample insider Form 4 filing

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. HC Wainwright restated a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Zacks Research upgraded Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Canaccord Genuity Group reissued a “hold” rating and issued a $15.50 price target on shares of Joby Aviation in a research note on Tuesday, February 3rd. The Goldman Sachs Group assumed coverage on Joby Aviation in a report on Monday, December 1st. They issued a “sell” rating and a $10.00 price target on the stock. Finally, Needham & Company LLC reiterated a “buy” rating and set a $22.00 price objective on shares of Joby Aviation in a report on Thursday, November 6th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Joby Aviation presently has an average rating of “Reduce” and an average target price of $13.21.

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.