Joby Aviation (NYSE:JOBY) Insider Sells $64,795.50 in Stock

Key Points

• Joby Aviation insider Bonny Simi sold 10,890 shares at an average price of $5.95, generating $64,795.50. The sale covered tax-withholding obligations tied to vested equity awards, and Simi retained 241,923 shares.
• JOBY shares traded near their 12-month low at $5.79, well below their 50-day and 200-day moving averages. The company remains unprofitable, reporting a quarterly loss of $0.25 per share despite revenue of $38.64 million.
• Analysts hold a generally cautious view, with the stock carrying an average rating of “Reduce” and a consensus price target of $13.81. Institutional investors own approximately 52.85% of the company.

Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) insider Bonny Simi sold 10,890 shares of the business's stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $5.95, for a total transaction of $64,795.50. Following the completion of the sale, the insider directly owned 241,923 shares in the company, valued at $1,439,441.85. This trade represents a 4.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Joby Aviation Price Performance

Shares of NYSE:JOBY traded down $0.15 during midday trading on Monday, reaching $5.79. 21,327,477 shares of the company's stock were exchanged, compared to its average volume of 31,249,814. The company's 50 day simple moving average is $7.01 and its two-hundred day simple moving average is $8.46. The firm has a market capitalization of $5.73 billion, a PE ratio of -5.85 and a beta of 2.66. Joby Aviation, Inc. has a 12 month low of $5.72 and a 12 month high of $19.98. The company has a debt-to-equity ratio of 0.40, a quick ratio of 17.98 and a current ratio of 17.98.

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

Institutional Trading of Joby Aviation

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Strs Ohio lifted its position in Joby Aviation by 2.5% during the 1st quarter. Strs Ohio now owns 50,000 shares of the company's stock worth $413,000 after buying an additional 1,200 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Joby Aviation by 11.1% in the first quarter. PNC Financial Services Group Inc. now owns 15,304 shares of the company's stock worth $126,000 after acquiring an additional 1,532 shares during the last quarter. RFG Advisory LLC raised its stake in shares of Joby Aviation by 12.3% in the first quarter. RFG Advisory LLC now owns 14,004 shares of the company's stock worth $116,000 after acquiring an additional 1,539 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Joby Aviation during the fourth quarter worth approximately $28,000. Finally, International Assets Investment Management LLC lifted its position in shares of Joby Aviation by 14.9% during the first quarter. International Assets Investment Management LLC now owns 16,566 shares of the company's stock worth $137,000 after purchasing an additional 2,150 shares in the last quarter. 52.85% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Joby Aviation

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on JOBY. Wall Street Zen cut Joby Aviation from a "sell" rating to a "strong sell" rating in a report on Saturday, August 8th. Susquehanna set a $18.00 price target on Joby Aviation in a research report on Thursday, August 6th. HC Wainwright reiterated a "buy" rating and issued a $18.00 price target on shares of Joby Aviation in a research report on Monday, September 21st. Barclays upgraded Joby Aviation to a "hold" rating in a research note on Wednesday, July 29th. Finally, Cantor Fitzgerald restated a "neutral" rating on shares of Joby Aviation in a research note on Monday, September 21st. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus 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.

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