Joby Aviation (NYSE:JOBY) Insider Kate Dehoff Sells 28,260 Shares

by · The Cerbat Gem

Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Kate Dehoff sold 28,260 shares of Joby Aviation stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $14.72, for a total value of $415,987.20. Following the sale, the insider directly owned 149,369 shares of the company’s stock, valued at $2,198,711.68. This represents a 15.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Tuesday, January 13th, Kate Dehoff sold 7,092 shares of Joby Aviation stock. The shares were sold at an average price of $14.84, for a total transaction 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 transaction of $141,638.84.

Joby Aviation Trading Up 2.1%

NYSE JOBY traded up $0.30 during trading on Wednesday, reaching $15.11. The company’s stock had a trading volume of 20,695,715 shares, compared to its average volume of 28,610,189. The firm has a 50 day moving average price of $14.53 and a 200 day moving average price of $15.17. Joby Aviation, Inc. has a 12 month low of $4.96 and a 12 month high of $20.95. The firm has a market capitalization of $13.78 billion, a price-to-earnings ratio of -11.28 and a beta of 2.56.

Joby Aviation (NYSE:JOBY – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.29). The firm had revenue of $22.57 million for the quarter, compared to the consensus estimate of $0.02 million. The company’s revenue for the quarter was up 7962.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.21) earnings per share. On average, equities analysts forecast that Joby Aviation, Inc. will post -0.69 EPS for the current fiscal year.

Key Headlines Impacting Joby Aviation

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

  • Positive Sentiment: Joby will expand manufacturing capacity with an acquisition of a new Ohio facility — the move should help scale production and shorten time-to-delivery as Joby ramps toward commercial service, supporting long‑term revenue and margin improvement. Read More.
  • Positive Sentiment: Joby partnered with Metropolis to build 25 vertiports across the U.S., a key infrastructure deal that de‑risks market access and supports launch plans for its air‑taxi service — this increases the credibility of near‑term commercialization and potential localized recurring revenue streams. Read More.
  • Negative Sentiment: Multiple insiders (including CEO Joeben Bevirt, CFO Rodrigo Brumana and several senior executives) sold shares across filings on Jan. 13–14 — aggregating into sizable, public reductions of insider positions. While insider sales can reflect diversification or liquidity needs, the breadth and scale of the transactions can be interpreted as a near‑term negative signal by investors. See representative SEC Form 4 filing (CEO). Read More.

Institutional Investors Weigh In On Joby Aviation

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Spire Wealth Management increased its position in Joby Aviation by 14.0% during the 4th quarter. Spire Wealth Management now owns 21,164 shares of the company’s stock worth $279,000 after purchasing an additional 2,594 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Joby Aviation by 2.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,158,084 shares of the company’s stock worth $15,287,000 after buying an additional 32,410 shares during the last quarter. Dakota Wealth Management grew its stake in shares of Joby Aviation by 7.8% during the fourth quarter. Dakota Wealth Management now owns 20,696 shares of the company’s stock worth $273,000 after buying an additional 1,501 shares during the last quarter. CoreCap Advisors LLC increased its holdings in shares of Joby Aviation by 38.6% during the fourth quarter. CoreCap Advisors LLC now owns 5,856 shares of the company’s stock worth $77,000 after buying an additional 1,631 shares in the last quarter. Finally, Defender Capital LLC. bought a new position in shares of Joby Aviation in the 4th quarter valued at $133,000. 52.85% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on JOBY. JPMorgan Chase & Co. raised their price target on Joby Aviation from $7.00 to $8.00 and gave the stock an “underweight” rating in a research report on Friday, October 31st. Needham & Company LLC reiterated a “buy” rating and set a $22.00 price objective on shares of Joby Aviation in a research note on Thursday, November 6th. The Goldman Sachs Group assumed coverage on shares of Joby Aviation in a research report on Monday, December 1st. They issued a “sell” rating and a $10.00 target price for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research report on Wednesday, October 8th. Finally, HC Wainwright reissued a “neutral” rating on shares of Joby Aviation in a research note on Monday, November 24th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $13.43.

View Our Latest Stock Analysis on JOBY

Joby Aviation Company Profile

(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.

Further Reading