Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Didier Papadopoulos sold 2,587 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $5.50, for a total value of $14,228.50. Following the transaction, the insider now owns 73,697 shares in the company, valued at $405,333.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Didier Papadopoulos also recently made the following trade(s):
- On Wednesday, April 3rd, Didier Papadopoulos sold 11,362 shares of Joby Aviation stock. The stock was sold at an average price of $4.96, for a total transaction of $56,355.52.
- On Monday, March 18th, Didier Papadopoulos sold 3,267 shares of Joby Aviation stock. The stock was 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 value of $21,591.04.
Joby Aviation Trading Down 2.7 %
Shares of NYSE:JOBY opened at $5.38 on Wednesday. The firm’s 50 day moving average is $5.12 and its two-hundred day moving average is $5.71. The firm has a market capitalization of $3.78 billion, a P/E ratio of -6.64 and a beta of 2.04. Joby Aviation, Inc. has a 52 week low of $4.25 and a 52 week high of $11.98.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. raised Joby Aviation from an “underweight” rating to a “neutral” rating and set a $5.00 target price on the stock in a research report on Friday, May 3rd. One investment analyst has rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Joby Aviation has a consensus rating of “Moderate Buy” and an average target price of $7.67.
View Our Latest Analysis on JOBY
Institutional Trading of Joby Aviation
Institutional investors have recently made changes to their positions in the stock. Sittner & Nelson LLC raised its holdings in Joby Aviation by 100.0% during the third quarter. Sittner & Nelson LLC now owns 4,000 shares of the company’s stock worth $26,000 after purchasing an additional 2,000 shares in the last quarter. Monterey Private Wealth Inc. acquired a new position in shares of Joby Aviation during the 4th quarter valued at $67,000. International Assets Investment Management LLC bought a new stake in shares of Joby Aviation in the 4th quarter worth $73,000. Teza Capital Management LLC acquired a new stake in shares of Joby Aviation in the third quarter valued at $76,000. Finally, Private Advisor Group LLC bought a new position in Joby Aviation during the fourth quarter valued at about $77,000. 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.
See Also
- Five stocks we like better than Joby Aviation
- Quiet Period Expirations Explained
- Garmin Navigates to New Highs Driven By Wearables Trend
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Pinterest Prospers From AI Boosting Shop-Ability and Relevance
- What is the Nikkei 225 index?
- AbbVie Tracking for New Highs in 2024
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.