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

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 transaction, the chief executive officer owned 288,814 shares in the company, valued at $3,901,877.14. The trade was a 7.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Joby Aviation Trading Up 1.4%

NYSE:JOBY opened at $16.27 on Wednesday. The company has a market capitalization of $14.83 billion, a P/E ratio of -12.14 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. The firm has a fifty day simple moving average of $14.64 and a 200-day simple moving average of $14.95.

Joby Aviation (NYSE:JOBY) last released 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 company had revenue of $22.57 million during the quarter, compared to analysts’ expectations of $0.02 million. During the same quarter last year, the firm posted ($0.21) earnings per share. Joby Aviation’s revenue for the quarter was up 7962.1% compared to the same quarter last year. Equities analysts forecast that Joby Aviation, Inc. will post -0.69 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on JOBY shares. The Goldman Sachs Group started coverage on Joby Aviation in a research report on Monday, December 1st. They issued a “sell” rating and a $10.00 target price on the stock. HC Wainwright restated a “neutral” rating on shares of Joby Aviation in a research note on Monday, November 24th. Needham & Company LLC reiterated a “buy” rating and issued a $22.00 price objective on shares of Joby Aviation in a research note on Thursday, November 6th. Zacks Research raised shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, Morgan Stanley boosted their target price on shares of Joby Aviation from $7.00 to $15.00 and gave the company an “equal weight” rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Joby Aviation has an average rating of “Reduce” and a consensus price target of $13.43.

Institutional Investors Weigh In On Joby Aviation

A number of hedge funds and other institutional investors have recently made changes to their positions in JOBY. Asset Planning Inc lifted its stake in shares of Joby Aviation by 70.0% in the 3rd 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 period. EverSource Wealth Advisors LLC raised its position in shares of Joby Aviation by 284.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock worth $27,000 after acquiring an additional 1,880 shares during the period. Canton Hathaway LLC purchased a new stake in shares of Joby Aviation during the 3rd quarter worth about $29,000. Strategic Advocates LLC acquired a new stake in shares of Joby Aviation during the 3rd quarter valued at about $29,000. Finally, Hilltop National Bank purchased a new position in shares of Joby Aviation in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 52.85% of the company’s stock.

Key Stories Impacting Joby Aviation

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

• Positive Sentiment: Joby accepted the first of two CAE flight simulators — a critical prerequisite for scaling pilot training ahead of commercial launches and regulatory checks; this reduces an operational bottleneck for early service rollout. Joby Prepares for First Wave of Air Taxi Pilot Training With CAE Flight Simulators
• Positive Sentiment: Deal and industrialization news (reported Metropolis vertiport collaboration and plans to double manufacturing capacity) is cited as the main driver of a recent strong move higher — investors view this as evidence Joby is executing commercialization and infrastructure plans. Why Did JOBY Stock Jump 12% Yesterday?
• Positive Sentiment: Sector momentum: market coverage notes a rotation back into eVTOL growth names as regulatory milestones and capital inflows make commercial flights look nearer — Joby is highlighted as a leader with substantial liquidity backing (supports lower execution risk vs. smaller peers). Flying Cars and Rising Bars: The 2026 eVTOL Breakout Begins
• Positive Sentiment: Modest insider buy by a director (~$14.6k) — a tepid but positive signal of board-level confidence (small size limits impact). Insider Buying: Joby Aviation Director Buys Stock
• Neutral Sentiment: Visibility at CES and broader reports of flying‑taxi rollouts in markets like China and the UAE boost narrative and investor attention but have unclear near‑term revenue or certification impact for Joby specifically. What To Expect At CES 2026: Nvidia, AMD, Joby, Archer, D-Wave And More
• Negative Sentiment: Significant insider selling this week — multiple executives (including CEO Joeben Bevirt and former CEO/board member Bonny Simi) disclosed large sales, which can weigh on market sentiment even if for diversification/tax reasons; investors should watch for further insider flows. Joby Aviation Insider Sales Report

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.