Joby Aviation (NYSE:JOBY) Insider Sells $16,099.30 in Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Eric Allison sold 1,526 shares of Joby Aviation stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $10.55, for a total value of $16,099.30. Following the sale, the insider directly owned 704,036 shares of the company’s stock, valued at approximately $7,427,579.80. The trade was a 0.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Eric Allison also recently made the following trade(s):

• On Tuesday, January 13th, Eric Allison sold 21,493 shares of Joby Aviation stock. The stock was sold at an average price of $14.84, for a total value of $318,956.12.
• On Friday, January 2nd, Eric Allison sold 5,447 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total value of $73,588.97.
• On Tuesday, December 30th, Eric Allison sold 32,448 shares of Joby Aviation stock. The shares were sold at an average price of $13.25, for a total value of $429,936.00.

Joby Aviation Stock Performance

Shares of NYSE JOBY traded down $0.14 during trading hours on Wednesday, hitting $10.09. The stock had a trading volume of 21,762,993 shares, compared to its average volume of 32,230,625. The firm’s 50-day moving average price is $13.84 and its two-hundred day moving average price is $15.02. Joby Aviation, Inc. has a 52 week low of $4.96 and a 52 week high of $20.95. The company has a market capitalization of $9.20 billion, a P/E ratio of -7.53 and a beta of 2.57.

Institutional Investors Weigh In On Joby Aviation

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in shares of Joby Aviation by 110.5% in the first quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock worth $512,000 after purchasing an additional 44,659 shares during the period. AQR Capital Management LLC bought a new stake in Joby Aviation during the 1st quarter valued at approximately $273,000. Strs Ohio acquired a new stake in Joby Aviation in the 1st quarter valued at approximately $37,000. Ameritas Advisory Services LLC acquired a new stake in Joby Aviation in the 2nd quarter valued at approximately $39,000. Finally, IFP Advisors Inc increased its position in Joby Aviation by 137.9% in the 2nd quarter. IFP Advisors Inc now owns 9,030 shares of the company’s stock worth $95,000 after buying an additional 5,234 shares during the period. 52.85% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on JOBY. Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Zacks Research raised shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Canaccord Genuity Group restated a “hold” rating and set a $15.50 target price on shares of Joby Aviation in a report on Tuesday, February 3rd. JPMorgan Chase & Co. boosted their price target on Joby Aviation from $7.00 to $8.00 and gave the stock an “underweight” rating in a research report on Friday, October 31st. Finally, Needham & Company LLC reissued a “buy” rating and set a $22.00 price objective on shares of Joby Aviation in a report on Thursday, November 6th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $13.21.

Trending Headlines about Joby Aviation

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

• Neutral Sentiment: Company announcement — Joby will release Q4 & full-year 2025 results after the market on Feb. 25 and host a 5:00pm ET webcast; this gives investors a scheduled catalyst and fresh financials to reassess the business. Joby Aviation to Report Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Large insider selling — multiple executives sold shares this week, including CEO Joeben Bevirt’s sale of 507,182 shares at an average ~$10.62 (~$5.39M). Several other execs (CFO, VP-level insiders and others) also sold smaller parcels, and some insiders reduced holdings by meaningful percentages (e.g., Kate Dehoff reduced ~9.8%). Heavy insider selling can signal liquidity-taking or shift in insider conviction and likely weighs on near-term sentiment. CEO Form 4 (Bevirt) — SEC Filing
• Negative Sentiment: Rising short interest — short interest jumped ~33.6% in January to ~75.34M shares, now ~12.2% of float. Higher shorting increases downward pressure and raises the risk of volatility around news or the upcoming earnings release (days-to-cover ~2.1). This elevated bearish positioning likely contributes to the stock’s decline today.

Joby Aviation Company Profile

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.