Joby Aviation (NYSE:JOBY) Insider Didier Papadopoulos Sells 804 Shares of Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Didier Papadopoulos sold 804 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $14.53, for a total transaction of $11,682.12. Following the completion of the sale, the insider directly owned 115,211 shares of the company’s stock, valued at $1,674,015.83. This trade represents a 0.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Didier Papadopoulos also recently made the following trade(s):

• On Tuesday, January 13th, Didier Papadopoulos sold 1,367 shares of Joby Aviation stock. The shares were sold at an average price of $14.84, for a total transaction of $20,286.28.
• On Monday, January 5th, Didier Papadopoulos sold 6,429 shares of Joby Aviation stock. The shares were sold at an average price of $15.84, for a total transaction of $101,835.36.
• On Friday, January 2nd, Didier Papadopoulos sold 11,650 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total transaction of $157,391.50.
• On Tuesday, December 16th, Didier Papadopoulos sold 1,979 shares of Joby Aviation stock. The shares were sold at an average price of $14.08, for a total transaction of $27,864.32.
• On Monday, December 15th, Didier Papadopoulos sold 5,987 shares of Joby Aviation stock. The shares were sold at an average price of $14.99, for a total value of $89,745.13.

Joby Aviation Stock Performance

Shares of NYSE JOBY opened at $15.11 on Thursday. Joby Aviation, Inc. has a 1 year low of $4.96 and a 1 year high of $20.95. The stock’s 50-day simple moving average is $14.53 and its 200-day simple moving average is $15.17. The firm has a market cap of $13.78 billion, a price-to-earnings ratio of -11.28 and a beta of 2.56.

Joby Aviation (NYSE:JOBY) last issued its quarterly earnings data on Wednesday, November 5th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.29). The business had revenue of $22.57 million during the quarter, compared to analysts’ expectations of $0.02 million. During the same period in the previous year, the business posted ($0.21) EPS. The firm’s quarterly revenue was up 7962.1% compared to the same quarter last year. As a group, research analysts predict that Joby Aviation, Inc. will post -0.69 EPS for the current year.

Hedge Funds Weigh In On Joby Aviation

A number of large investors have recently bought and sold shares of JOBY. Royal Bank of Canada boosted its stake in Joby Aviation by 110.5% in the first quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock valued at $512,000 after acquiring an additional 44,659 shares during the period. AQR Capital Management LLC bought a new stake in shares of Joby Aviation in the 1st quarter worth approximately $273,000. Intech Investment Management LLC boosted its position in Joby Aviation by 70.4% during the 1st quarter. Intech Investment Management LLC now owns 307,135 shares of the company’s stock valued at $1,849,000 after purchasing an additional 126,908 shares during the period. Strs Ohio acquired a new position in Joby Aviation during the 1st quarter valued at approximately $37,000. Finally, NBC Securities Inc. grew its stake in Joby Aviation by 35.1% during the 2nd quarter. NBC Securities Inc. now owns 142,855 shares of the company’s stock worth $1,507,000 after buying an additional 37,120 shares during the last quarter. Institutional investors own 52.85% of the company’s stock.

Joby Aviation News Roundup

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

• Positive Sentiment: Joby will expand manufacturing capacity with an acquisition of a new Ohio facility — the move should help scale production and shorten time-to-delivery as Joby ramps toward commercial service, supporting long‑term revenue and margin improvement. Read More.
• Positive Sentiment: Joby partnered with Metropolis to build 25 vertiports across the U.S., a key infrastructure deal that de‑risks market access and supports launch plans for its air‑taxi service — this increases the credibility of near‑term commercialization and potential localized recurring revenue streams. Read More.
• Negative Sentiment: Multiple insiders (including CEO Joeben Bevirt, CFO Rodrigo Brumana and several senior executives) sold shares across filings on Jan. 13–14 — aggregating into sizable, public reductions of insider positions. While insider sales can reflect diversification or liquidity needs, the breadth and scale of the transactions can be interpreted as a near‑term negative signal by investors. See representative SEC Form 4 filing (CEO). Read More.

Wall Street Analysts Forecast Growth

A number of research firms have commented on JOBY. JPMorgan Chase & Co. increased their price objective on shares of Joby Aviation from $7.00 to $8.00 and gave the company an “underweight” rating in a research note on Friday, October 31st. Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a research note on Wednesday, October 8th. Zacks Research upgraded Joby Aviation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Needham & Company LLC restated a “buy” rating and set a $22.00 price objective on shares of Joby Aviation in a research note on Thursday, November 6th. Finally, The Goldman Sachs Group began coverage on Joby Aviation in a report on Monday, December 1st. They set a “sell” rating and a $10.00 target price on the stock. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $13.43.

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.