Joby Aviation, Inc. $JOBY Shares Purchased by Vanguard Group Inc.

Key Points

• Vanguard Group increased its stake in Joby by 5.1% in Q4 to 52,488,707 shares, representing a 5.76% ownership position worth about $692.9 million at quarter-end.
• Insiders sold roughly 1,766,026 shares (~$17.3 million) over the past three months — including CEO Joeben Bevirt and Kate Dehoff under Rule 10b5-1 plans — leaving insiders with 32.40% ownership.
• Operational and market backdrop: a successful NYC eVTOL demonstration has increased public and regulatory visibility as Joby shifts toward commercialization, but analysts remain mixed (average rating "Reduce" and average price target $13.81) while shares trade near $9 with a ~$9.08 billion market cap.

Vanguard Group Inc. increased its stake in shares of Joby Aviation, Inc. (NYSE:JOBY - Free Report) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,488,707 shares of the company's stock after purchasing an additional 2,540,382 shares during the quarter. Vanguard Group Inc. owned 5.76% of Joby Aviation worth $692,851,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. State Street Corp grew its stake in Joby Aviation by 3.0% during the 2nd quarter. State Street Corp now owns 10,392,018 shares of the company's stock worth $109,636,000 after purchasing an additional 305,109 shares in the last quarter. Bank of America Corp DE grew its stake in Joby Aviation by 41.2% during the 3rd quarter. Bank of America Corp DE now owns 4,192,109 shares of the company's stock worth $67,661,000 after purchasing an additional 1,223,412 shares in the last quarter. Rheos Capital Works Inc. grew its stake in Joby Aviation by 45.0% during the 4th quarter. Rheos Capital Works Inc. now owns 3,545,000 shares of the company's stock worth $46,794,000 after purchasing an additional 1,100,000 shares in the last quarter. Man Group plc acquired a new position in Joby Aviation during the 3rd quarter worth $40,283,000. Finally, Clear Street Group Inc. acquired a new position in Joby Aviation during the 3rd quarter worth $36,264,000. 52.85% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Kate Dehoff sold 14,295 shares of the business's stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $8.73, for a total value of $124,795.35. Following the completion of the sale, the insider directly owned 163,567 shares of the company's stock, valued at approximately $1,427,939.91. The trade was a 8.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Joeben Bevirt sold 39,963 shares of the business's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $9.03, for a total value of $360,865.89. Following the completion of the sale, the chief executive officer directly owned 224,823 shares of the company's stock, valued at $2,030,151.69. The trade was a 15.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,766,026 shares of company stock worth $17,301,065. Corporate insiders own 32.40% of the company's stock.

Joby Aviation Price Performance

Shares of NYSE JOBY opened at $9.28 on Monday. The company has a market capitalization of $9.08 billion, a price-to-earnings ratio of -8.14 and a beta of 2.61. The business has a 50-day moving average of $9.18 and a two-hundred day moving average of $12.34. Joby Aviation, Inc. has a 1 year low of $6.18 and a 1 year high of $20.95.

Joby Aviation (NYSE:JOBY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.20) by $0.06. The business had revenue of $30.84 million for the quarter, compared to analysts' expectations of $16.88 million. The firm's quarterly revenue was up 5506.5% on a year-over-year basis. During the same period last year, the firm earned ($0.34) earnings per share. As a group, equities research analysts expect that Joby Aviation, Inc. will post -0.82 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently commented on JOBY. Canaccord Genuity Group reissued a "hold" rating and set a $15.50 target price on shares of Joby Aviation in a research note on Tuesday, February 3rd. Needham & Company LLC reaffirmed a "buy" rating and set a $18.00 price target on shares of Joby Aviation in a report on Tuesday, April 28th. HC Wainwright reaffirmed a "buy" rating and set a $18.00 price target on shares of Joby Aviation in a report on Thursday, March 12th. Wall Street Zen downgraded Joby Aviation from a "sell" rating to a "strong sell" rating in a report on Saturday. Finally, Oppenheimer set a $18.00 price target on Joby Aviation in a report on Thursday, February 26th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average price target of $13.81.

Key Joby Aviation News

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

• Positive Sentiment: Successful live demonstration flight at NYC’s East 34th Street Heliport showcased Joby’s all‑electric eVTOL operating safely within existing urban infrastructure — a concrete step toward commercial service and municipal/FAA acceptance. Article Title
• Positive Sentiment: Media and local officials attended Joby’s NYC demonstration, increasing public and regulatory visibility for Joby’s integration pilot program — this kind of endorsement can accelerate route approvals and vertiport partnerships. Article Title
• Positive Sentiment: Analyst/upside coverage highlights a large potential rerating as Joby shifts from certification to commercialization, citing Dubai readiness, a stronger balance sheet, and FAA progress as drivers for upside. That narrative supports bullish investor positioning. Article Title
• Neutral Sentiment: Industry coverage frames 2026 as make‑or‑break for Joby and lists specific signals to watch (certification milestones, early commercial metrics, next earnings) — useful watchlist items but not immediate catalysts. Article Title
• Neutral Sentiment: Sector spillover: Joby’s NYC flights have drawn attention to peers (e.g., Archer), highlighting regulatory progress for the whole eVTOL space — this can lift the sector but also reallocate investor interest among competitors. Article Title
• Negative Sentiment: High-profile skepticism persists — commentators like Jim Cramer publicly call Joby “way too risky,” which can pressure sentiment and deter risk‑averse investors despite positive operational news. Article Title

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.

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