1,000,000 Shares in Joby Aviation, Inc. $JOBY Acquired by Seven Grand Managers LLC

Seven Grand Managers LLC bought a new position in Joby Aviation, Inc. (NYSE:JOBY) in the 4th quarter, Holdings Channel reports. The fund bought 1,000,000 shares of the company’s stock, valued at approximately $13,200,000. Joby Aviation comprises approximately 1.0% of Seven Grand Managers LLC’s holdings, making the stock its 29th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JOBY. DNB Asset Management AS grew its holdings in Joby Aviation by 16.3% during the 4th quarter. DNB Asset Management AS now owns 366,281 shares of the company’s stock valued at $4,835,000 after buying an additional 51,344 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Joby Aviation during the 3rd quarter valued at approximately $2,830,000. Kingsview Wealth Management LLC grew its holdings in Joby Aviation by 838.2% during the 3rd quarter. Kingsview Wealth Management LLC now owns 96,759 shares of the company’s stock valued at $1,562,000 after buying an additional 86,446 shares in the last quarter. Vanguard Group Inc. grew its holdings in Joby Aviation by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 52,488,707 shares of the company’s stock valued at $692,851,000 after buying an additional 2,540,382 shares in the last quarter. Finally, New York State Common Retirement Fund grew its holdings in Joby Aviation by 32.6% during the 3rd quarter. New York State Common Retirement Fund now owns 193,856 shares of the company’s stock valued at $3,129,000 after buying an additional 47,705 shares in the last quarter. 52.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on JOBY. Oppenheimer set a $18.00 price objective on shares of Joby Aviation in a report on Thursday, February 26th. Wall Street Zen raised shares of Joby Aviation from a “strong sell” rating to a “sell” rating in a report on Sunday, May 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $18.00 price objective on shares of Joby Aviation in a report on Wednesday, May 6th. Canaccord Genuity Group cut their price objective on shares of Joby Aviation from $15.50 to $11.50 and set a “hold” rating for the company in a report on Thursday, May 7th. Finally, Morgan Stanley cut their price objective on shares of Joby Aviation from $15.00 to $13.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $13.06.

Joby Aviation News Roundup

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

• Positive Sentiment: Shares are being lifted by renewed interest in Joby’s FAA progress and plans for New York flights, which keeps the company’s commercial air taxi timeline in focus. Why Joby Aviation Stock Is Climbing Today
• Positive Sentiment: Unusually heavy call option buying suggests traders are positioning for more upside, which can reinforce momentum in the stock.
• Positive Sentiment: A recent article highlighting Joby as one of the better transportation stocks for 2026 may be adding to the bullish narrative around the company’s long-term potential. Best Transportation Stocks to Buy in 2026

Insider Transactions at Joby Aviation

In related news, insider Didier Papadopoulos sold 12,965 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $8.15, for a total value of $105,664.75. Following the completion of the transaction, the insider directly owned 147,678 shares of the company’s stock, valued at approximately $1,203,575.70. This trade represents a 8.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kate Dehoff sold 14,295 shares of the firm’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $8.73, for a total transaction of $124,795.35. Following the completion of the transaction, the insider directly owned 163,567 shares of the company’s stock, valued at approximately $1,427,939.91. This trade represents a 8.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,089,118 shares of company stock valued at $10,449,476 in the last 90 days. Company insiders own 28.50% of the company’s stock.

Joby Aviation Trading Down 0.5%

JOBY stock opened at $11.47 on Thursday. The firm has a fifty day moving average price of $9.40 and a 200 day moving average price of $11.68. Joby Aviation, Inc. has a fifty-two week low of $7.34 and a fifty-two week high of $20.95. The company has a debt-to-equity ratio of 0.36, a quick ratio of 22.05 and a current ratio of 22.06. The firm has a market cap of $11.28 billion, a PE ratio of -9.97 and a beta of 2.61.

Joby Aviation (NYSE:JOBY) last posted its earnings results on Tuesday, May 5th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.09. Joby Aviation had a negative net margin of 1,232.62% and a negative return on equity of 60.54%. The firm had revenue of $24.25 million during the quarter, compared to analyst estimates of $20.17 million. During the same period last year, the firm posted ($0.11) earnings per share. Sell-side analysts anticipate that Joby Aviation, Inc. will post -0.83 earnings per share for the current fiscal year.

About Joby Aviation

Joby Aviation Inc is an aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company’s core mission is to provide zero-emission aerial ridesharing services, combining the speed of helicopters with the cost efficiency and environmental benefits of electric propulsion. Joby’s eVTOL design emphasizes low noise profiles and high reliability, positioning the company to address congestion challenges in major metropolitan areas.

The company’s flagship aircraft is designed to carry a pilot and up to four passengers, offering point-to-point travel at speeds competitive with ground transportation.