Joby Aviation (NYSE:JOBY) Stock: Insider Paul Cahill Sciarra Sells 62,500 Shares

Joby Aviation, Inc. (NYSE:JOBY) Director Paul Sciarra sold 62,500 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $4.97, for a total value of $310,625.00. Following the sale, the director owned 55,578,057 shares in the company, valued at approximately $276,222,943.29. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 2nd, Paul Sciarra sold 62,500 shares of Joby Aviation stock. The shares were sold at an average price of $6.09, for a total value of $380,625.00.
• 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 value 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 value of $497,500.00.

Joby Aviation Price Performance

Shares of JOBY stock opened at $5.06 on Thursday. The stock’s fifty day moving average is $5.79 and its 200-day moving average is $8.54. The company has a debt-to-equity ratio of 0.40, a quick ratio of 17.98 and a current ratio of 17.98. The stock has a market capitalization of $5.00 billion, a PE ratio of -5.11 and a beta of 2.84. Joby Aviation, Inc. has a 52 week low of $4.43 and a 52 week high of $17.10.

Joby Aviation (NYSE:JOBY) last released its quarterly earnings results on Wednesday, November 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.03. Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%. The business had revenue of $55.09 million during the quarter, compared to analysts’ expectations of $38.95 million. During the same period in the previous year, the business posted ($0.48) earnings per share. The firm’s revenue for the quarter was up 143.8% compared to the same quarter last year. Equities research analysts expect that Joby Aviation, Inc. will post -1.00 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Morgan Stanley dropped their target price on shares of Joby Aviation from $13.00 to $10.00 and set an “equal weight” rating for the company in a research note on Friday, October 16th. Susquehanna set a $18.00 price target on shares of Joby Aviation in a research note on Thursday, August 6th. Needham & Company LLC lowered their price target on shares of Joby Aviation from $18.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, August 6th. HC Wainwright reissued a “buy” rating and issued a $18.00 price target on shares of Joby Aviation in a report on Monday, September 21st. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a research report on Monday, October 12th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $12.39.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Joby reported third-quarter revenue of $55.09 million, above analyst expectations of $38.95 million, and a loss per share of $0.22, narrower than the expected $0.25 loss. Coverage also noted the company raised its sales forecast. Joby Reports Third Quarter 2026 Financial Results
• Positive Sentiment: The U.S. Air Force committed nearly $37 million to Joby’s autonomous-flight technology, with the contract ceiling raised to $50 million. The funding adds defense-related work and potential revenue alongside the air-taxi business. Joby expands Air Force contracts
• Positive Sentiment: Joby reportedly entered the FAA’s final certification stage, with “for credit” testing underway. This is a meaningful step toward commercial service, although certification is not yet complete. Joby reaches FAA final certification stage
• Positive Sentiment: The company completed initial flights in Texas and Florida, including piloted Florida flights under a federal pilot program, advancing flight demonstrations and integration planning. Joby begins piloted Florida flights
• Positive Sentiment: Joby’s acquisition of Resonant Sciences is intended to keep classified defense work separate from its commercial air-taxi effort, potentially broadening its defense business. Joby acquires Resonant Sciences
• Negative Sentiment: Despite the earnings beat, Joby remains loss-making. Its longer-term outlook depends on completing certification and funding the business through commercialization, risks highlighted in earnings coverage. Joby earnings and remaining hurdles
• Neutral Sentiment: A director sold 62,500 shares under a pre-arranged Rule 10b5-1 plan, a relatively small reduction compared with his remaining holding. Director share sale

Institutional Trading of Joby Aviation

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its stake in Joby Aviation by 194.5% during the 1st quarter. Renaissance Technologies LLC now owns 4,005,200 shares of the company’s stock worth $33,083,000 after buying an additional 2,645,200 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in Joby Aviation by 48.1% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,679,515 shares of the company’s stock valued at $22,133,000 after acquiring an additional 870,244 shares during the period. Amova Asset Management Americas Inc. grew its stake in Joby Aviation by 48.1% in the first quarter. Amova Asset Management Americas Inc. now owns 2,678,495 shares of the company’s stock valued at $22,124,000 after acquiring an additional 870,244 shares during the period. Bank of Nova Scotia bought a new stake in shares of Joby Aviation in the first quarter worth about $6,915,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Joby Aviation by 27.6% in the second quarter. Bank of New York Mellon Corp now owns 2,136,710 shares of the company’s stock worth $19,059,000 after acquiring an additional 462,585 shares in the last quarter. 52.85% of the stock is owned by institutional investors.

Joby Aviation Company Profile

Joby Aviation, Inc is an aerospace 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 operating with the range and speed of a conventional aircraft, supporting quiet, low-emission air taxi services and other urban and regional transportation applications.

Founded in 2009 by JoeBen Bevirt, Joby is pursuing the certification, production and commercial deployment of its piloted aircraft.