Joeben Bevirt Sells 3,238 Shares of Joby Aviation (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) CEO Joeben Bevirt sold 3,238 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $10.25, for a total transaction of $33,189.50. Following the completion of the sale, the chief executive officer directly owned 249,048 shares in the company, valued at approximately $2,552,742. This represents a 1.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Joeben Bevirt also recently made the following trade(s):

• On Tuesday, February 17th, Joeben Bevirt sold 507,182 shares of Joby Aviation stock. The stock was sold at an average price of $9.91, for a total transaction of $5,026,173.62.
• On Tuesday, February 17th, Joeben Bevirt sold 63,636 shares of Joby Aviation stock. The shares were sold at an average price of $9.91, for a total transaction of $630,632.76.
• On Friday, February 13th, Joeben Bevirt sold 14,456 shares of Joby Aviation stock. The stock was sold at an average price of $9.88, for a total transaction of $142,825.28.
• On Tuesday, February 10th, Joeben Bevirt sold 1,590 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total transaction of $16,774.50.
• On Monday, February 9th, Joeben Bevirt sold 507,182 shares of Joby Aviation stock. The shares were sold at an average price of $10.62, for a total value of $5,386,272.84.
• On Tuesday, January 13th, Joeben Bevirt sold 1,630 shares of Joby Aviation stock. The shares were sold at an average price of $14.83, for a total value of $24,172.90.
• On Friday, January 2nd, Joeben Bevirt sold 23,552 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total value of $318,187.52.

Joby Aviation Trading Up 1.6%

Shares of JOBY stock traded up $0.16 on Friday, reaching $9.90. 3,675,110 shares of the company’s stock were exchanged, compared to its average volume of 28,234,939. The company’s fifty day simple moving average is $11.88 and its 200 day simple moving average is $13.97. 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 $9.02 billion, a PE ratio of -8.71 and a beta of 2.59.

Joby Aviation (NYSE:JOBY) last released its earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.06. The business had revenue of $30.84 million during the quarter, compared to analysts’ expectations of $16.88 million. During the same quarter in the previous year, the business earned ($0.34) EPS. The business’s revenue for the quarter was up 5506.5% on a year-over-year basis. As a group, sell-side analysts predict that Joby Aviation, Inc. will post -0.69 earnings per share for the current fiscal year.

Institutional Trading of Joby Aviation

Several hedge funds and other institutional investors have recently bought and sold shares of JOBY. GPS Wealth Strategies Group LLC raised its position in shares of Joby Aviation by 22.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 3,794 shares of the company’s stock worth $61,000 after acquiring an additional 697 shares in the last quarter. Asset Planning Inc grew its stake in Joby Aviation by 70.0% in the third quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock valued at $27,000 after purchasing an additional 700 shares during the last quarter. GoalVest Advisory LLC raised its holdings in Joby Aviation by 2.1% in the fourth quarter. GoalVest Advisory LLC now owns 33,500 shares of the company’s stock worth $442,000 after purchasing an additional 700 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Joby Aviation by 4.6% during the third quarter. Thrivent Financial for Lutherans now owns 16,705 shares of the company’s stock valued at $270,000 after buying an additional 736 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of Joby Aviation by 11.9% in the 2nd quarter. Allworth Financial LP now owns 7,197 shares of the company’s stock valued at $76,000 after buying an additional 763 shares in the last quarter. Institutional investors own 52.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on JOBY shares. Canaccord Genuity Group restated a “hold” rating and issued a $15.50 target price on shares of Joby Aviation in a research note on Tuesday, February 3rd. The Goldman Sachs Group assumed coverage on shares of Joby Aviation in a research note on Monday, December 1st. They set a “sell” rating and a $10.00 price target for the company. Oppenheimer set a $18.00 price target on Joby Aviation in a report on Thursday, February 26th. Needham & Company LLC reduced their price objective on Joby Aviation to $18.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $13.81.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Major certification progress — Joby began flight testing its first FAA‑conforming aircraft as part of the Type Inspection Authorization (TIA) process, moving the company from prototype testing toward formal FAA evaluation for commercial operations. This materially de‑risks the certification pathway if testing proceeds smoothly. Joby’s First FAA-Conforming Aircraft Takes Flight
• Positive Sentiment: First production air‑taxi flown — Joby reported the maiden flight of its first production-model electric air taxi, a key step toward TIA and eventual type certification. This supports the company’s timeline for early commercial operations. Joby’s first production model takes off
• Positive Sentiment: Federal pilot programs & launch runway — Joby was selected for the DOT/FAA Advanced Air Mobility pilot (eIPP), enabling early operations across multiple states; company statements and local reports say U.S. air‑taxi service could begin in the coming months. These help shorten commercial ramp risk if operations scale as planned. Joby Aviation Joins Federal eIPP
• Positive Sentiment: Institutional interest — ARK Invest increased its JOBY position amid the FAA/DOT developments, signaling conviction from an active thematic investor. Cathie Wood Bets On Joby
• Neutral Sentiment: Long‑term market case highlighted — commentary and longer‑term bull notes (e.g., market size estimates and optionality across mobility/defense) underscore upside if Joby commercializes, but those are conditional on certification and scale. Could This Aviation Stock Turn $1,000 Into $100,000?
• Neutral Sentiment: Analyst mix — coverage remains split with several cautious price targets and a consensus “Reduce”; that keeps near‑term sell pressure possible despite long‑term optionality. MarketBeat analyst roundup
• Negative Sentiment: Legal/competitive friction — rival Archer filed/updated a countersuit alleging undisclosed China ties and related claims; the dispute raises potential supply‑chain, regulatory and reputational risks that can sap investor confidence. Context on disputes
• Negative Sentiment: Clustered insider selling — multiple senior executives (including the CEO and other officers) disclosed sales over the last two days. While amounts are small relative to total holdings, clustered sales often trigger short‑term selling and investor caution. SEC insider sale filings
• Negative Sentiment: Technical/valuation pressure — the stock is trading below its 50‑ and 200‑day moving averages and faces a consensus average target below some prior highs, making it vulnerable to momentum‑driven declines despite positive operational headlines. Joby stock data

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.