Joby Aviation (NYSE:JOBY) Director Sells $380,625.00 in Stock

Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) Director Paul Sciarra sold 62,500 shares of the firm’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $6.09, for a total transaction of $380,625.00. Following the completion of the transaction, the director directly owned 55,640,557 shares in the company, valued at $338,850,992.13. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paul Cahill Sciarra also recently made the following trade(s):

  • On Wednesday, September 2nd, Paul Sciarra sold 62,500 shares of Joby Aviation stock. The stock was sold at an average price of $6.68, for a total transaction of $417,500.00.
  • On Thursday, August 13th, Paul Sciarra sold 62,500 shares of Joby Aviation stock. The stock was sold at an average price of $7.96, for a total transaction of $497,500.00.

Joby Aviation Price Performance

Shares of NYSE JOBY opened at $5.93 on Monday. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of -5.99 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, Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $19.98. The firm’s 50-day simple moving average is $7.01 and its 200 day simple moving average is $8.46.

Joby Aviation (NYSE:JOBY – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.25) 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 company had revenue of $38.64 million for the quarter, compared to the consensus estimate of $30.20 million. During the same period in the prior year, the firm posted ($0.41) earnings per share. The business’s revenue for the quarter was up 257493.3% on a year-over-year basis. As a group, research analysts anticipate that Joby Aviation, Inc. will post -1 earnings per share for the current fiscal year.

More Joby Aviation News

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

  • Positive Sentiment: Joby’s Blade subsidiary announced the seasonal return of BLADEone jet service between the New York City area and South Florida from November 19, 2026, through May 2, 2027. The program gives Joby an opportunity to build aviation-service revenue and customer relationships ahead of its electric air-taxi launch. Blade BLADEone service announcement
  • Positive Sentiment: Joby is conducting flight activity in Texas and Dubai, while also demonstrating an autonomous cargo aircraft in Utah. These initiatives support the company’s testing, defense and future commercial-air-mobility ambitions, although they are not yet equivalent to meaningful passenger revenue. Joby autonomous cargo aircraft demonstration
  • Neutral Sentiment: Reports cited Joby among companies connected with roughly $200 million in recently awarded defense contracts. The contracts could expand government-related opportunities, but the available report does not clearly identify the value or scope of Joby’s individual award. Defense contracts report
  • Negative Sentiment: Investor commentary highlights that revenue is growing but the share count is also increasing, raising dilution concerns. Joby’s projected commercial revenue remains dependent on regulatory certification, production scale-up and paying passenger operations, while the company continues to report substantial losses. Joby revenue and share count analysis
  • Negative Sentiment: The Blade jet-service relaunch may generate near-term activity, but it also underscores that Joby’s current revenue comes from conventional aviation services rather than its still-precommercial electric air taxis. Commentary also points to execution, certification and timing risks. Blade jet-service analysis
  • Negative Sentiment: Director Paul Sciarra sold 62,500 JOBY shares for approximately $380,625. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by only 0.11%, limiting its significance, but insider selling can still weigh modestly on sentiment. SEC insider transaction filing

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on JOBY shares. Susquehanna set a $18.00 price objective on shares of Joby Aviation in a report on Thursday, August 6th. 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. Needham & Company LLC cut their price target on shares of Joby Aviation from $18.00 to $15.00 and set a “buy” rating on the stock 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. Finally, Weiss Ratings upgraded shares of Joby Aviation from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 14th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $13.81.

Get Our Latest Stock Report on Joby Aviation

Institutional Investors Weigh In On Joby Aviation

Large investors have recently made changes to their positions in the business. Strs Ohio increased its holdings in Joby Aviation by 2.5% during the first quarter. Strs Ohio now owns 50,000 shares of the company’s stock worth $413,000 after buying an additional 1,200 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Joby Aviation by 11.1% in the first quarter. PNC Financial Services Group Inc. now owns 15,304 shares of the company’s stock valued at $126,000 after acquiring an additional 1,532 shares during the last quarter. RFG Advisory LLC grew its position in shares of Joby Aviation by 12.3% during the 1st quarter. RFG Advisory LLC now owns 14,004 shares of the company’s stock valued at $116,000 after acquiring an additional 1,539 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Joby Aviation during the 4th quarter valued at approximately $28,000. Finally, International Assets Investment Management LLC increased its stake in shares of Joby Aviation by 14.9% during the 1st 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 during the last quarter. 52.85% of the stock is owned by hedge funds and other institutional investors.

Joby Aviation Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Joby Aviation (NYSE:JOBY)

Receive News & Ratings for Joby Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Joby Aviation and related companies with MarketBeat.com's FREE daily email newsletter.