Kate Dehoff Sells 28,260 Shares of Joby Aviation (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Kate Dehoff sold 28,260 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $14.72, for a total transaction of $415,987.20. Following the completion of the transaction, the insider directly owned 149,369 shares in the company, valued at approximately $2,198,711.68. The trade was a 15.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Tuesday, January 13th, Kate Dehoff sold 7,092 shares of Joby Aviation stock. The stock was sold at an average price of $14.84, for a total value of $105,245.28.
• On Friday, January 2nd, Kate Dehoff sold 10,484 shares of Joby Aviation stock. The shares were sold at an average price of $13.51, for a total value of $141,638.84.

Joby Aviation Trading Up 1.0%

Shares of NYSE JOBY opened at $15.27 on Friday. The business has a 50-day moving average of $14.55 and a 200-day moving average of $15.17. The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of -11.40 and a beta of 2.56. Joby Aviation, Inc. has a 12 month low of $4.96 and a 12 month high of $20.95.

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

Key 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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group assumed coverage on Joby Aviation in a report on Monday, December 1st. They issued a “sell” rating and a $10.00 price objective for the company. Needham & Company LLC restated a “buy” rating and issued a $22.00 target price on shares of Joby Aviation in a research report on Thursday, November 6th. HC Wainwright reiterated a “neutral” rating on shares of Joby Aviation in a research report on Monday, November 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Joby Aviation in a report on Wednesday, October 8th. Finally, Zacks Research raised shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $13.43.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Asset Planning Inc raised its holdings in Joby Aviation by 70.0% during the 3rd quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock valued at $27,000 after buying an additional 700 shares during the last quarter. Strategic Advocates LLC purchased a new position in shares of Joby Aviation in the third quarter valued at about $29,000. Canton Hathaway LLC bought a new position in shares of Joby Aviation during the third quarter valued at about $29,000. Hilltop National Bank bought a new position in shares of Joby Aviation during the third quarter valued at about $32,000. Finally, Ancora Advisors LLC purchased a new stake in shares of Joby Aviation during the third quarter worth about $35,000. Institutional investors own 52.85% of the company’s stock.

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.