Gregory Bowles Sells 4,720 Shares of Joby Aviation (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Gregory Bowles sold 4,720 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $8.76, for a total transaction of $41,347.20. Following the sale, the insider directly owned 178,470 shares of the company’s stock, valued at $1,563,397.20. This represents a 2.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Gregory Bowles also recently made the following trade(s):

• On Wednesday, March 11th, Gregory Bowles sold 1,075 shares of Joby Aviation stock. The stock was sold at an average price of $9.90, for a total transaction of $10,642.50.
• On Tuesday, March 10th, Gregory Bowles sold 1,172 shares of Joby Aviation stock. The stock was sold at an average price of $10.25, for a total transaction of $12,013.00.
• On Tuesday, February 24th, Gregory Bowles sold 11,530 shares of Joby Aviation stock. The stock was sold at an average price of $9.62, for a total transaction of $110,918.60.
• On Monday, February 23rd, Gregory Bowles sold 3,551 shares of Joby Aviation stock. The stock was sold at an average price of $9.57, for a total transaction of $33,983.07.
• On Friday, February 13th, Gregory Bowles sold 4,464 shares of Joby Aviation stock. The stock was sold at an average price of $9.88, for a total transaction of $44,104.32.
• On Tuesday, February 10th, Gregory Bowles sold 816 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total transaction of $8,608.80.
• On Wednesday, January 14th, Gregory Bowles sold 5,383 shares of Joby Aviation stock. The shares were sold at an average price of $14.72, for a total transaction of $79,237.76.
• On Tuesday, January 13th, Gregory Bowles sold 894 shares of Joby Aviation stock. The shares were sold at an average price of $14.83, for a total transaction of $13,258.02.

Joby Aviation Trading Up 2.9%

Shares of NYSE JOBY opened at $8.63 on Thursday. Joby Aviation, Inc. has a 12-month low of $5.32 and a 12-month high of $20.95. The stock has a market cap of $7.86 billion, a PE ratio of -7.57 and a beta of 2.68. The company has a 50-day moving average of $9.63 and a 200 day moving average of $13.28.

Joby Aviation (NYSE:JOBY) last announced its quarterly earnings data on Wednesday, February 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.06. The business had revenue of $30.84 million for the quarter, compared to analysts’ expectations of $16.88 million. During the same period in the prior year, the company posted ($0.34) EPS. The firm’s revenue was up 5506.5% on a year-over-year basis. On average, sell-side analysts forecast that Joby Aviation, Inc. will post -0.69 EPS for the current fiscal year.

Institutional Trading of Joby Aviation

Several hedge funds have recently made changes to their positions in JOBY. Vanguard Group Inc. grew its stake in shares of Joby Aviation by 13.2% in the 3rd quarter. Vanguard Group Inc. now owns 49,948,325 shares of the company’s stock valued at $806,166,000 after buying an additional 5,828,189 shares during the period. Man Group plc purchased a new stake in shares of Joby Aviation in the 3rd quarter valued at approximately $40,283,000. Norges Bank purchased a new stake in shares of Joby Aviation in the 4th quarter valued at approximately $32,269,000. Clear Street Group Inc. purchased a new stake in shares of Joby Aviation in the 3rd quarter valued at approximately $36,264,000. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Joby Aviation by 80.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,384,180 shares of the company’s stock valued at $44,672,000 after buying an additional 1,512,094 shares during the period. Hedge funds and other institutional investors own 52.85% of the company’s stock.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Partnership to ready U.S. airspace — Joby announced a formal tie-up with Air Space Intelligence to accelerate integration of advanced air mobility into the U.S. National Airspace System, addressing a key regulatory and operational hurdle ahead of commercial launches. Joby and Air Space Intelligence Partner
• Positive Sentiment: Scaled flight operations testing — reporting shows Joby and other Toyota-backed eVTOL projects are conducting scaled/expanded flight ops ahead of official rollouts, signaling operational momentum and real-world testing that can shorten commercial timelines if successful. VTOL Maker With Toyota Backing
• Positive Sentiment: Analyst price-target upside highlighted — a MarketBeat roundup lists Joby among low-rated names with sizable price-target gaps, reminding investors there is still meaningful upside in some analyst models despite mixed ratings. 3 Low-Rated Stocks With Big Price-Target Gaps
• Neutral Sentiment: Scalability questions persist — coverage repeatedly notes Joby’s aircraft demonstrably fly, but scaling production, unit economics and service economics remain the central execution risk investors are watching. This keeps sentiment mixed: technology validated, path to profitable scale still uncertain. Joby’s air taxis can fly Fool: Shown they can fly
• Neutral Sentiment: Investor/market context — broader eVTOL coverage (peer milestones, modeling tools for public flight viewing, fireside chats about hybrid designs) is keeping sector validation in focus and shaping comparative expectations rather than delivering Joby‑specific surprises. 4D Models Hybrid eVTOLs Fireside Chat
• Negative Sentiment: Insider selling noted — recent Rule 10b5-1 pre-arranged sales by executives (including Didier Papadopoulos and Gregory Bowles) and other disclosed sales have been reported; while many trades are routine, such filings often weigh on near‑term sentiment. Insider Sales

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on JOBY shares. Needham & Company LLC dropped their price objective on shares of Joby Aviation to $18.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. JPMorgan Chase & Co. dropped their price objective on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating for the company in a research note on Thursday, February 26th. Canaccord Genuity Group reaffirmed a “hold” rating and set a $15.50 price objective on shares of Joby Aviation in a research note on Tuesday, February 3rd. Oppenheimer set a $18.00 price objective on shares of Joby Aviation in a research note on Thursday, February 26th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $13.81.

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.