Kate Dehoff Sells 7,092 Shares of Joby Aviation (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 7,092 shares of the stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $14.84, for a total value of $105,245.28. Following the completion of the transaction, the insider directly owned 177,629 shares of the company’s stock, valued at $2,636,014.36. This represents a 3.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kate Dehoff also recently made the following trade(s):

• On Wednesday, January 14th, Kate Dehoff sold 28,260 shares of Joby Aviation stock. The shares were sold at an average price of $14.72, for a total value of $415,987.20.
• On Friday, January 2nd, Kate Dehoff sold 10,484 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total value of $141,638.84.

Joby Aviation Trading Up 1.0%

JOBY opened at $15.27 on Friday. The company has a market cap of $13.93 billion, a price-to-earnings ratio of -11.40 and a beta of 2.56. The stock has a fifty day simple moving average of $14.55 and a two-hundred day simple moving average of $15.17. Joby Aviation, Inc. has a 12-month low of $4.96 and a 12-month high of $20.95.

Joby Aviation (NYSE:JOBY) last released its earnings results 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 firm had revenue of $22.57 million for the quarter, compared to analysts’ expectations of $0.02 million. Joby Aviation’s revenue for the quarter was up 7962.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.21) earnings per share. On average, analysts predict that Joby Aviation, Inc. will post -0.69 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Nikulski Financial Inc. bought a new position in shares of Joby Aviation during the fourth quarter valued at $353,000. Spire Wealth Management raised its position in Joby Aviation by 14.0% in the 4th quarter. Spire Wealth Management now owns 21,164 shares of the company’s stock worth $279,000 after buying an additional 2,594 shares during the last quarter. Exchange Traded Concepts LLC raised its position in Joby Aviation by 2.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,158,084 shares of the company’s stock worth $15,287,000 after buying an additional 32,410 shares during the last quarter. Dakota Wealth Management lifted its stake in Joby Aviation by 7.8% during the 4th quarter. Dakota Wealth Management now owns 20,696 shares of the company’s stock valued at $273,000 after acquiring an additional 1,501 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in shares of Joby Aviation by 38.6% during the 4th quarter. CoreCap Advisors LLC now owns 5,856 shares of the company’s stock valued at $77,000 after acquiring an additional 1,631 shares during the last quarter. Hedge funds and other institutional investors own 52.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on JOBY shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research report on Wednesday, October 8th. HC Wainwright reissued a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. The Goldman Sachs Group initiated coverage on Joby Aviation in a research note on Monday, December 1st. They issued a “sell” rating and a $10.00 target price on the stock. Morgan Stanley lifted their price target on Joby Aviation from $7.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 9th. Finally, Zacks Research raised shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $13.43.

More Joby Aviation News

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

• Positive Sentiment: Joby announced an expansion of manufacturing capacity with an acquisition of a facility in Ohio — a move that should help scale production, shorten time‑to‑delivery and support commercialization and margin improvement as operations ramp. Acquisition Article
• Positive Sentiment: Joby struck a partnership with Metropolis to build ~25 vertiports across the U.S., de‑risking infrastructure needs for its air‑taxi rollout and improving the credibility of near‑term revenue opportunities from localized services. Vertiports Article
• Neutral Sentiment: Analyst coverage remains mixed — consensus ratings lean toward “Reduce” with an average price target around $13.43, while a handful of firms maintain Buy/Hold views. This keeps near‑term analyst catalysts limited.
• Neutral Sentiment: Institutional ownership is significant (~53%), and small recent position changes by smaller funds are unlikely to move the stock materially on their own.
• Negative Sentiment: A broad set of insiders sold shares on Jan. 13–14, including CEO Joeben Bevirt, CFO Rodrigo Brumana and other senior execs — many filings show multi‑thousand share sales (e.g., Kate Dehoff sold 28,260 shares; Eric Allison sold 21,493 shares). The scale and breadth of these Form 4 filings can be interpreted as a short‑term negative signal to investors. See a representative SEC filing (CEO). CEO Form 4

About Joby Aviation

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.