Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Didier Papadopoulos sold 1,915 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $10.25, for a total value of $19,628.75. Following the sale, the insider directly owned 131,896 shares of the company’s stock, valued at $1,351,934. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Didier Papadopoulos also recently made the following trade(s):
- On Wednesday, March 11th, Didier Papadopoulos sold 1,172 shares of Joby Aviation stock. The shares were sold at an average price of $9.90, for a total value of $11,602.80.
- On Tuesday, February 17th, Didier Papadopoulos sold 6,366 shares of Joby Aviation stock. The shares were sold at an average price of $9.74, for a total value of $62,004.84.
- On Friday, February 13th, Didier Papadopoulos sold 10,382 shares of Joby Aviation stock. The stock was sold at an average price of $9.88, for a total value of $102,574.16.
- On Wednesday, February 11th, Didier Papadopoulos sold 816 shares of Joby Aviation stock. The shares were sold at an average price of $10.14, for a total value of $8,274.24.
- On Tuesday, February 10th, Didier Papadopoulos sold 1,333 shares of Joby Aviation stock. The shares were sold at an average price of $10.55, for a total value of $14,063.15.
- On Wednesday, January 14th, Didier Papadopoulos sold 804 shares of Joby Aviation stock. The shares were sold at an average price of $14.53, for a total value of $11,682.12.
- On Tuesday, January 13th, Didier Papadopoulos sold 1,367 shares of Joby Aviation stock. The stock was 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 stock was 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 shares were 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.
Joby Aviation Stock Up 3.7%
Joby Aviation stock traded up $0.37 during midday trading on Wednesday, hitting $10.25. 24,647,380 shares of the stock were exchanged, compared to its average volume of 28,829,979. Joby Aviation, Inc. has a 52-week low of $4.96 and a 52-week high of $20.95. The stock has a market capitalization of $9.34 billion, a price-to-earnings ratio of -8.99 and a beta of 2.59. The business’s 50-day moving average price is $12.01 and its 200-day moving average price is $14.02.
Trending Headlines about Joby Aviation
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Joby began flight testing its first FAA‑conforming aircraft as part of Type Inspection Authorization (TIA), a major step toward FAA type certification; initial pilot testing at Marina, CA, paves the way for FAA validation later this year, which would materially reduce program timing and certification risk. Joby’s First FAA-Conforming Aircraft Takes Flight
- Positive Sentiment: Joby was named to federal/state eVTOL pilot projects and its eIPP selection plus Uber commercial launch plans highlight a clearer path to early revenue and partnerships — supports revenue ramp expectations and commercial credibility. Joby Aviation’s eIPP Wins And Uber Launches Put Commercial Path In Focus
- Positive Sentiment: FAA launched pilot tests across 26 states for air‑taxi/eVTOL projects, expanding opportunities for Joby to demonstrate operations and secure local support — wider pilot footprint reduces regulatory execution risk if tests go well. Flying taxis could soon take flight as FAA green-lights tests in 26 states
- Neutral Sentiment: Recent quarterly results showed an EPS beat and a large revenue acceleration year‑over‑year, but the company remains unprofitable with negative EPS guidance for the year — progress is positive but valuation still hinges on successful certification and commercial scale. (Company release and earnings recap)
- Negative Sentiment: Archer Aviation filed a countersuit accusing Joby of concealing ties to China and misclassifying imports; allegations raise potential regulatory, procurement, and reputational risks that could complicate certification, government contracting, or supplier scrutiny — watch legal developments and any SEC or government inquiries. Air-taxi maker Archer accuses rival Joby of illegal China ties
Analyst Ratings Changes
A number of analysts recently commented on JOBY shares. Canaccord Genuity Group reaffirmed a “hold” rating and set a $15.50 price target on shares of Joby Aviation in a research report on Tuesday, February 3rd. Needham & Company LLC reduced their price objective on Joby Aviation to $18.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Oppenheimer set a $18.00 target price on Joby Aviation in a research report on Thursday, February 26th. The Goldman Sachs Group began coverage on Joby Aviation in a research note on Monday, December 1st. They set a “sell” rating and a $10.00 target price on the stock. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Joby Aviation has an average rating of “Reduce” and a consensus price target of $13.81.
View Our Latest Stock Analysis on JOBY
Hedge Funds Weigh In On Joby Aviation
Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Joby Aviation by 110.5% during the first quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock valued at $512,000 after purchasing an additional 44,659 shares during the period. AQR Capital Management LLC bought a new stake in shares of Joby Aviation in the first quarter valued at $273,000. Strs Ohio bought a new stake in shares of Joby Aviation in the first quarter valued at $37,000. Envestnet Asset Management Inc. lifted its position in shares of Joby Aviation by 26.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 42,169 shares of the company’s stock valued at $445,000 after buying an additional 8,741 shares during the last quarter. Finally, Teacher Retirement System of Texas grew its stake in shares of Joby Aviation by 7.0% during the 2nd quarter. Teacher Retirement System of Texas now owns 29,793 shares of the company’s stock worth $314,000 after acquiring an additional 1,943 shares during the period. Hedge funds and other institutional investors own 52.85% of the company’s stock.
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.
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