Joby Aviation, Inc. (NYSE:JOBY) Insider Didier Papadopoulos Sells 11,362 Shares

Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) insider Didier Papadopoulos sold 11,362 shares of the company's stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $4.96, for a total transaction of $56,355.52. Following the completion of the transaction, the insider now owns 68,278 shares of the company's stock, valued at approximately $338,658.88. The sale was disclosed in a filing with the SEC, which is available at this link.

Didier Papadopoulos also recently made the following trade(s):

• On Monday, March 18th, Didier Papadopoulos sold 3,267 shares of Joby Aviation stock. The shares were sold at an average price of $5.13, for a total transaction of $16,759.71.
• On Friday, March 15th, Didier Papadopoulos sold 4,217 shares of Joby Aviation stock. The stock was sold at an average price of $5.12, for a total transaction of $21,591.04.

Joby Aviation Trading Up 0.4 %

Shares of JOBY traded up $0.02 during mid-day trading on Wednesday, hitting $4.94. 4,387,777 shares of the company's stock were exchanged, compared to its average volume of 5,098,654. Joby Aviation, Inc. has a fifty-two week low of $3.72 and a fifty-two week high of $11.98. The business's 50 day moving average is $5.55 and its two-hundred day moving average is $5.95. The firm has a market capitalization of $3.47 billion, a P/E ratio of -6.10 and a beta of 2.07.

Joby Aviation (NYSE:JOBY - Get Free Report) last announced its earnings results on Wednesday, February 21st. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.02. The company had revenue of $1.03 million during the quarter, compared to analysts' expectations of $1.50 million. During the same quarter last year, the business posted ($0.14) earnings per share. On average, equities research analysts forecast that Joby Aviation, Inc. will post -0.72 earnings per share for the current year.

Hedge Funds Weigh In On Joby Aviation

Institutional investors have recently bought and sold shares of the company. Harbour Investments Inc. raised its position in Joby Aviation by 155.0% in the second quarter. Harbour Investments Inc. now owns 2,468 shares of the company's stock worth $25,000 after acquiring an additional 1,500 shares in the last quarter. Sittner & Nelson LLC increased its holdings in shares of Joby Aviation by 100.0% in the 3rd quarter. Sittner & Nelson LLC now owns 4,000 shares of the company's stock valued at $26,000 after purchasing an additional 2,000 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Joby Aviation by 254.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,370 shares of the company's stock valued at $55,000 after purchasing an additional 3,854 shares in the last quarter. FMR LLC increased its holdings in shares of Joby Aviation by 60.7% in the 1st quarter. FMR LLC now owns 6,065 shares of the company's stock valued at $26,000 after purchasing an additional 2,290 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in shares of Joby Aviation by 466.7% in the 3rd quarter. Harbor Investment Advisory LLC now owns 6,800 shares of the company's stock valued at $44,000 after purchasing an additional 5,600 shares in the last quarter. 45.54% of the stock is owned by institutional investors and hedge funds.

About Joby Aviation

Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.

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