Joby Aviation (NYSE:JOBY) Stock: Insider Gregory Bowles Sells 7,663 Shares

Key Points

• Joby Aviation insider Gregory Bowles sold 7,663 shares at an average price of $5.95, generating $45,594.85. The sale covered tax-withholding obligations from vested equity awards, and Bowles retained 199,006 shares.
• Joby shares traded at $5.79, near their 52-week low of $5.72 and well below the 52-week high of $19.98. The stock’s 50-day and 200-day moving averages were $7.01 and $8.46, respectively.
• Analyst sentiment remains cautious, with an average rating of “Reduce” and an average price target of $13.81. Joby recently missed quarterly EPS expectations, remains unprofitable, and faces certification, execution and funding risks as it develops its electric air-taxi business.

Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) insider Gregory Bowles sold 7,663 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 $45,594.85. Following the transaction, the insider owned 199,006 shares of the company's stock, valued at approximately $1,184,085.70. This trade represents a 3.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Gregory Bowles also recently made the following trade(s):

• On Monday, September 21st, Gregory Bowles sold 6,138 shares of Joby Aviation stock. The stock was sold at an average price of $6.35, for a total transaction of $38,976.30.
• On Tuesday, August 25th, Gregory Bowles sold 4,575 shares of Joby Aviation stock. The stock was sold at an average price of $7.23, for a total transaction of $33,077.25.
• On Monday, August 24th, Gregory Bowles sold 3,531 shares of Joby Aviation stock. The stock was sold at an average price of $7.34, for a total transaction of $25,917.54.

Joby Aviation Price Performance

Shares of NYSE JOBY traded down $0.15 during trading on Monday, hitting $5.79. The company had a trading volume of 21,327,477 shares, compared to its average volume of 31,249,814. Joby Aviation, Inc. has a 52 week low of $5.72 and a 52 week high of $19.98. The business's 50-day moving average is $7.01 and its 200 day moving average is $8.46. The company has a market cap of $5.73 billion, a P/E ratio of -5.85 and a beta of 2.66. 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 (EPS) for the quarter, missing analysts' consensus estimates of ($0.23) by ($0.02). The company had revenue of $38.64 million during the quarter, compared to analyst estimates of $30.20 million. Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%.The business's revenue was up 257493.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.41) earnings per share. Equities research analysts predict that Joby Aviation, Inc. will post -1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on JOBY shares. Cantor Fitzgerald restated a "neutral" rating on shares of Joby Aviation in a report on Monday, September 21st. Wall Street Zen lowered shares of Joby Aviation from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 8th. Susquehanna set a $18.00 price objective on shares of Joby Aviation in a research report on Thursday, August 6th. HC Wainwright reiterated a "buy" rating and issued a $18.00 price objective on shares of Joby Aviation in a research note on Monday, September 21st. Finally, Weiss Ratings upgraded shares of Joby Aviation from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, July 14th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $13.81.

More 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

Institutional Trading of Joby Aviation

Institutional investors and hedge funds have recently made changes to their positions in the stock. QRG Capital Management Inc. boosted its stake in shares of Joby Aviation by 116.4% during the 2nd quarter. QRG Capital Management Inc. now owns 33,868 shares of the company's stock worth $302,000 after acquiring an additional 18,219 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Joby Aviation by 22.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 385,572 shares of the company's stock valued at $3,439,000 after acquiring an additional 70,772 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Joby Aviation by 46.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 57,994 shares of the company's stock valued at $517,000 after acquiring an additional 18,427 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Joby Aviation by 37.8% in the 2nd quarter. NewEdge Advisors LLC now owns 53,240 shares of the company's stock worth $475,000 after purchasing an additional 14,594 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in Joby Aviation by 10.2% in the 2nd quarter. Arizona State Retirement System now owns 67,557 shares of the company's stock worth $603,000 after purchasing an additional 6,258 shares during the last quarter. Institutional investors and hedge funds own 52.85% of the company's stock.

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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