Joby Aviation (NYSE:JOBY) CEO Joeben Bevirt Sells 23,552 Shares

Joby Aviation, Inc. (NYSE:JOBY) CEO Joeben Bevirt sold 23,552 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $13.51, for a total transaction of $318,187.52. Following the completion of the transaction, the chief executive officer owned 288,814 shares of the company’s stock, valued at approximately $3,901,877.14. This trade represents a 7.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Joby Aviation Stock Performance

Shares of NYSE:JOBY opened at $16.01 on Tuesday. Joby Aviation, Inc. has a 52 week low of $4.96 and a 52 week high of $20.95. The firm has a market cap of $14.60 billion, a PE ratio of -11.95 and a beta of 2.56. The firm’s fifty day moving average is $14.63 and its 200-day moving average is $14.89.

Joby Aviation (NYSE:JOBY) last posted 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 company had revenue of $22.57 million during the quarter, compared to analyst estimates of $0.02 million. The firm’s revenue for the quarter was up 7962.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.21) EPS. Sell-side analysts forecast 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 modified their holdings of JOBY. CWM LLC increased its stake in Joby Aviation by 8.1% during the 2nd quarter. CWM LLC now owns 9,156 shares of the company’s stock valued at $97,000 after purchasing an additional 689 shares in the last quarter. GPS Wealth Strategies Group LLC grew its holdings in shares of Joby Aviation by 22.5% during the third quarter. GPS Wealth Strategies Group LLC now owns 3,794 shares of the company’s stock valued at $61,000 after buying an additional 697 shares during the last quarter. Asset Planning Inc increased its position in shares of Joby Aviation by 70.0% during the third quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock worth $27,000 after acquiring an additional 700 shares in the last quarter. GoalVest Advisory LLC raised its holdings in shares of Joby Aviation by 2.1% in the 4th quarter. GoalVest Advisory LLC now owns 33,500 shares of the company’s stock worth $442,000 after acquiring an additional 700 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in shares of Joby Aviation by 4.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 16,705 shares of the company’s stock worth $270,000 after acquiring an additional 736 shares during the last quarter. 52.85% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

JOBY has been the topic of several analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $22.00 target price on shares of Joby Aviation in a report on Thursday, November 6th. Morgan Stanley upped their price objective on shares of Joby Aviation from $7.00 to $15.00 and gave the company an “equal weight” rating in a research note on Thursday, October 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research report on Wednesday, October 8th. HC Wainwright reaffirmed a “neutral” rating on shares of Joby Aviation in a research report on Monday, November 24th. Finally, Zacks Research raised 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $13.43.

Key Joby Aviation News

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

• Positive Sentiment: Joby accepted its first eVTOL flight simulators from CAE, a milestone for pilot training and regulatory readiness that supports near-term operational buildout and commercial launch planning. Joby Accepts First EVTOL Simulators From CAE
• Positive Sentiment: Industry tailwinds: reports that flying‑taxi services are set to begin operations in markets such as China and the UAE this year reinforce demand validation for urban air mobility and improve the sector narrative that benefits Joby as a market leader. Flying taxis set to soar in China and UAE this year
• Positive Sentiment: Small insider buy: a Joby director purchased about $14.6k of shares — a modest signal of confidence from the board but limited in size. Insider Buying: Joby Aviation Director Buys Stock
• Neutral Sentiment: Visibility/PR at CES 2026: Joby is mentioned among firms to watch at CES, which can boost awareness and investor interest but has unclear direct impact on revenue/certification timelines. What To Expect At CES 2026: Joby
• Negative Sentiment: Large insider selling this week — including CEO Joeben Bevirt and former CEO/board member Bonny Simi — with multiple executives trimming positions (sales range mid‑thousands of shares to >110k shares for Simi). These disclosed Form 4s (CEO and Simi) represent notable reductions in insider ownership and can weigh on sentiment even if sales are for diversification or tax planning. Bevirt Form 4 Simi 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.