Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells $56,971.25 in Stock

Key Points

• Joby Aviation insider Kate Dehoff sold 9,575 shares for approximately $56,971 at an average price of $5.95. The sale covered tax-withholding obligations from vested equity awards, leaving her with 189,178 shares.
• Joby shares recently traded near their one-year low at $5.79, while the company reported a quarterly revenue beat but missed adjusted EPS expectations and remained unprofitable.
• Analyst sentiment is cautious, with a consensus “Reduce” rating and an average price target of $13.81; investors continue to monitor certification, commercialization, funding and litigation risks.

Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) insider Kate Dehoff sold 9,575 shares of the firm's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $5.95, for a total transaction of $56,971.25. Following the transaction, the insider directly owned 189,178 shares in the company, valued at $1,125,609.10. The trade was a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 Tuesday, July 14th, Kate Dehoff sold 14,240 shares of Joby Aviation stock. The shares were sold at an average price of $7.73, for a total transaction of $110,075.20.
• On Monday, July 13th, Kate Dehoff sold 8,381 shares of Joby Aviation stock. The shares were sold at an average price of $7.53, for a total transaction of $63,108.93.

Joby Aviation Stock Performance

Shares of Joby Aviation stock traded down $0.15 during trading hours on Monday, reaching $5.79. The company had a trading volume of 21,327,477 shares, compared to its average volume of 31,249,814. The firm has a market cap of $5.73 billion, a PE ratio of -5.85 and a beta of 2.66. Joby Aviation, Inc. has a one year low of $5.72 and a one year high of $19.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 17.98 and a quick ratio of 17.98. The business has a fifty day simple moving average of $7.01 and a 200 day simple moving average of $8.46.

Joby Aviation (NYSE:JOBY - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.02). Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%.The company had revenue of $38.64 million during the quarter, compared to the consensus estimate of $30.20 million. During the same quarter in the prior year, the business earned ($0.41) EPS. The firm's revenue for the quarter was up 257493.3% compared to the same quarter last year. On average, analysts anticipate that Joby Aviation, Inc. will post -1 earnings per share for the current fiscal year.

Key Joby Aviation News

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

• Positive Sentiment: Joby has raised its 2026 revenue outlook, and recent revenue exceeded analyst expectations. A White House-backed pilot program could also support future demand for electric air-taxi services. However, much of the current revenue growth is coming from Blade, the helicopter passenger business acquired by Joby, rather than from Joby’s own aircraft. Joby Aviation Is Near Its 52-Week Low With 91% Upside. The Catch Is Real
• Neutral Sentiment: Multiple Joby insiders, including CEO JoeBen Bevirt, CFO Rodrigo Brumana and directors and executives Kate Dehoff, Bonny Simi, Gregory Bowles, Sergey Novikov and Eric Allison, sold shares at approximately $5.95. The sales collectively involved about 59,000 shares and were disclosed as sales to cover tax-withholding obligations tied to vested equity awards, making them less concerning than discretionary insider selling. SEC insider transaction filing
• Negative Sentiment: A federal court reportedly dismissed or narrowed several claims in Joby’s legal dispute with Archer Aviation, giving Archer some relief and weakening Joby’s position in the litigation. Archer Aviation Gets Legal Relief as Court Dismisses Some Joby Claims
• Negative Sentiment: Investors remain concerned that Joby’s core air-taxi business has not yet entered commercial service. The company continues to face certification and execution risks, ongoing losses and the possibility that additional capital needs could dilute shareholders. Should You Be Worried About Joby Stock?
• Negative Sentiment: Director Paul Sciarra also reported selling 62,500 shares under a Rule 10b5-1 trading plan, adding to the recent flow of insider-sale headlines even though the transaction was preplanned. Joby Aviation Director Paul Sciarra Sells 62,500 Shares via Rule 10b5-1 Trading Plan

Hedge Funds Weigh In On Joby Aviation

Hedge funds and other institutional investors have recently modified their holdings of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Joby Aviation during the 4th quarter valued at approximately $28,000. Ancora Advisors LLC bought a new position in shares of Joby Aviation in the 2nd quarter worth approximately $27,000. Leonteq Securities AG lifted its stake in shares of Joby Aviation by 295.2% in the 1st quarter. Leonteq Securities AG now owns 4,351 shares of the company's stock valued at $36,000 after purchasing an additional 3,250 shares during the period. Western Wealth Management LLC purchased a new position in shares of Joby Aviation in the 1st quarter valued at approximately $37,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of Joby Aviation by 95.5% during the first quarter. Geneos Wealth Management Inc. now owns 5,385 shares of the company's stock valued at $44,000 after purchasing an additional 2,630 shares in the last quarter. Hedge funds and other institutional investors own 52.85% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Needham & Company LLC decreased their price objective on Joby Aviation from $18.00 to $15.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Barclays raised shares of Joby Aviation to a "hold" rating in a research note on Wednesday, July 29th. HC Wainwright reissued a "buy" rating and issued a $18.00 price target on shares of Joby Aviation in a research note on Monday, September 21st. Cantor Fitzgerald reiterated a "neutral" rating on shares of Joby Aviation in a report on Monday, September 21st. Finally, Wall Street Zen lowered Joby Aviation from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Reduce" and an average target price of $13.81.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.