Joby Aviation (NYSE:JOBY) Stock: Insider Kate Dehoff Sells 8,279 Shares

Key Points

• Insider sale: Kate Dehoff sold 8,279 Joby Aviation shares at an average price of $5.09, totaling about $42,140, to cover tax withholding tied to vested equity awards. She retained 196,964 shares.
• Stock performance and finances: JOBY shares fell 6.8% to $4.62, near their 52-week low. The company reported a quarterly loss of $0.25 per share, negative margins and return on equity, despite revenue exceeding expectations.
• Analyst outlook remains divided: The consensus price target is $12.72, but ratings range from Buy to Sell. Key risks include cash needs, operating losses, production uncertainty and a $117 million trade-secrets verdict that Joby is seeking to overturn.

Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) insider Kate Dehoff sold 8,279 shares of the business's stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $5.09, for a total value of $42,140.11. Following the sale, the insider directly owned 196,964 shares of the company's stock, valued at approximately $1,002,546.76. This trade represents a 4.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 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 Friday, October 2nd, Kate Dehoff sold 9,575 shares of Joby Aviation stock. The stock was sold at an average price of $5.95, for a total value of $56,971.25.

Joby Aviation Trading Down 6.8%

Shares of NYSE JOBY traded down $0.34 during midday trading on Wednesday, hitting $4.62. The stock had a trading volume of 26,456,600 shares, compared to its average volume of 31,083,809. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of -4.66 and a beta of 2.66. Joby Aviation, Inc. has a 1-year low of $4.61 and a 1-year high of $18.77. The company has a quick ratio of 17.98, a current ratio of 17.98 and a debt-to-equity ratio of 0.40. The company has a fifty day moving average price of $6.76 and a 200 day moving average price of $8.27.

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). Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%. The firm had revenue of $38.64 million for the quarter, compared to analysts' expectations of $30.20 million. During the same quarter in the previous year, the firm posted ($0.41) EPS. The firm's revenue for the quarter was up 257493.3% compared to the same quarter last year. On average, analysts predict that Joby Aviation, Inc. will post -1.00 earnings per share for the current year.

Joby Aviation News Summary

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

• Positive Sentiment: Joby has begun flights in Texas, exceeded revenue expectations in its latest reported quarter and has a manufacturing relationship with Toyota. A favorable regulatory decision could materially improve the company’s commercial prospects and valuation. Joby Could Be Worth Far More If One Piece of the Puzzle Falls Into Place
• Positive Sentiment: Some analysts still see substantial upside, with the reported average price target around $12.72—well above the stock’s recent trading range—reflecting optimism about eventual air-taxi commercialization and defense applications. Joby Aviation Stock Has Average Target Price of $12.72 According to Analysts
• Neutral Sentiment: Coverage is split. Investors are balancing Joby’s growth potential and strategic partnerships against its substantial cash needs, operating losses and uncertainty over the timing and scale of commercial service. Joby Aviation Stock: Is It a No-Brainer Buy at $5?
• Negative Sentiment: Barclays analyst Anthony Valentini reduced his price target from $6 to $4 and downgraded JOBY to Underweight after an October legal verdict. The revision highlights concerns about valuation and whether Joby’s factory can expand production quickly enough to support its ambitions. Joby Aviation Stock Gets Fair Value Trim As Analyst Views Split After Verdict
• Negative Sentiment: Joby is seeking to overturn a $117 million trade-secrets verdict, creating a potentially significant financial and reputational overhang. Joby Seeks to Overturn $117 Million Trade Secrets Verdict
• Negative Sentiment: Broader investor concerns include competition, future financing requirements and heavy spending to develop and manufacture electric air taxis. Those risks have contributed to JOBY’s steep annual decline and recent 52-week lows. Why Did ASTS, CIFR, JOBY Stocks Plunge To 52-Week Lows Today?

Institutional Trading of Joby Aviation

Several large investors have recently bought and sold shares of JOBY. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Joby Aviation in the fourth quarter worth about $28,000. Ancora Advisors LLC purchased a new position in Joby Aviation in the second quarter valued at about $27,000. Leonteq Securities AG grew its stake in Joby Aviation by 295.2% during 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 in the last quarter. Western Wealth Management LLC acquired a new stake in Joby Aviation during the 1st quarter valued at approximately $37,000. Finally, Geneos Wealth Management Inc. grew its stake in Joby Aviation by 95.5% during the 1st 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. Institutional investors and hedge funds own 52.85% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on JOBY shares. Susquehanna set a $18.00 target price on shares of Joby Aviation in a report on Thursday, August 6th. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Joby Aviation in a research report on Monday, September 21st. HC Wainwright reiterated a "buy" rating and issued a $18.00 price target on shares of Joby Aviation in a report on Monday, September 21st. Barclays assumed coverage on Joby Aviation in a report on Friday, October 9th. They issued an "underweight" rating and a $4.00 price target for the company. Finally, Needham & Company LLC cut their price objective on Joby Aviation from $18.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of $12.72.

Joby Aviation Company Profile

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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