Joby Aviation (NYSE:JOBY) Stock: Insider Gregory Bowles Sells 5,302 Shares

Joby Aviation, Inc. (NYSE:JOBY) insider Gregory Bowles sold 5,302 shares of Joby Aviation stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $5.78, for a total transaction of $30,645.56. Following the completion of the transaction, the insider directly owned 193,704 shares in the company, valued at $1,119,609.12. This represents a 2.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 2nd, Gregory Bowles sold 7,663 shares of Joby Aviation stock. The shares were sold at an average price of $5.95, for a total transaction of $45,594.85.
• On Monday, September 21st, Gregory Bowles sold 6,138 shares of Joby Aviation stock. The stock was sold at an average price of $6.35, for a total transaction of $38,976.30.
• On Tuesday, August 25th, Gregory Bowles sold 4,575 shares of Joby Aviation stock. The stock was sold at an average price of $7.23, for a total transaction of $33,077.25.
• On Monday, August 24th, Gregory Bowles sold 3,531 shares of Joby Aviation stock. The shares were sold at an average price of $7.34, for a total value of $25,917.54.

Joby Aviation Price Performance

Shares of NYSE:JOBY traded up $0.01 on Tuesday, reaching $5.79. 16,419,302 shares of the company traded hands, compared to its average volume of 31,174,295. Joby Aviation, Inc. has a fifty-two week low of $5.72 and a fifty-two week high of $19.98. The company’s 50 day moving average is $6.98 and its 200-day moving average is $8.43. The stock has a market capitalization of $5.72 billion, a PE ratio of -5.84 and a beta of 2.66. The company has a debt-to-equity ratio of 0.40, a current ratio of 17.98 and a quick ratio of 17.98.

Joby Aviation (NYSE:JOBY) last issued its earnings results on Wednesday, August 5th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.02). The company had revenue of $38.64 million during the quarter, compared to analyst estimates of $30.20 million. Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%.The business’s revenue was up 257493.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.41) earnings per share. As a group, analysts anticipate that Joby Aviation, Inc. will post -1 earnings per share for the current fiscal year.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Joby’s recent revenue performance has exceeded analyst expectations, and management raised its 2026 revenue outlook. However, much of the growth has come from Blade, the acquired helicopter-passenger business, rather than commercial sales of Joby’s own electric aircraft. Should You Be Worried About Joby Stock?
• Positive Sentiment: Joby is trading near its 52-week low, which could offer substantial upside if it completes aircraft certification, scales production and launches commercial air-taxi service successfully. A White House-backed pilot program may also support future demand. Joby Aviation Is Near Its 52-Week Low With 91% Upside
• Neutral Sentiment: Several executives and insiders, including CEO JoeBen Bevirt and CFO Rodrigo Brumana, sold shares at about $5.95. The filings state that the transactions were intended to cover tax withholding on vested equity awards, reducing their significance as discretionary bearish bets, though the concentration of sales may weigh on investor sentiment. Joby Aviation Insider Trading
• Negative Sentiment: The jury’s $116.9 million trade-secrets verdict is the primary near-term catalyst weighing on JOBY. The award could increase cash needs for a company that continues to burn cash and remains dependent on successful regulatory approval and commercialization of its aircraft. Jury Finds Air Taxi Firm Joby Breached NDA and Misused Trade Secrets
• Negative Sentiment: Joby shares have declined sharply over the past year and remain below their 50-day and 200-day moving averages. Investors continue to question whether revenue growth can translate into the company’s core electric-aircraft business before additional funding or dilution is required. Why Joby Stock Fell to a 52-Week Low

Institutional Trading of Joby Aviation

Several institutional investors have recently made changes to their positions in the stock. Clear Street Group Inc. grew its position in Joby Aviation by 59.9% during the fourth quarter. Clear Street Group Inc. now owns 3,593,043 shares of the company’s stock valued at $47,428,000 after purchasing an additional 1,346,205 shares in the last quarter. Renaissance Technologies LLC lifted its position in Joby Aviation by 194.5% in the 1st quarter. Renaissance Technologies LLC now owns 4,005,200 shares of the company’s stock worth $33,083,000 after buying an additional 2,645,200 shares in the last quarter. Norges Bank purchased a new stake in Joby Aviation in the 4th quarter worth approximately $32,269,000. Amova Asset Management Americas Inc. boosted its stake in shares of Joby Aviation by 0.9% during the 4th quarter. Amova Asset Management Americas Inc. now owns 1,808,251 shares of the company’s stock valued at $23,851,000 after buying an additional 16,862 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Joby Aviation by 48.1% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,679,515 shares of the company’s stock valued at $22,133,000 after acquiring an additional 870,244 shares in the last quarter. 52.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on JOBY shares. Needham & Company LLC cut their price objective on Joby Aviation from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Weiss Ratings raised shares of Joby Aviation from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 14th. Susquehanna set a $18.00 price target on shares of Joby Aviation in a report on Thursday, August 6th. Barclays upgraded shares of Joby Aviation to a “hold” rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen lowered shares of Joby Aviation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $13.81.

Joby Aviation Company Profile

Joby Aviation, Inc (NYSE: JOBY) is an aviation company developing all-electric vertical takeoff and landing (eVTOL) aircraft for commercial passenger transportation. Its aircraft are designed to take off and land vertically like a helicopter while providing quieter, lower-emission transportation for short urban and regional trips.

The company is pursuing an integrated air-taxi business model that includes designing and manufacturing its aircraft, operating passenger services, and developing the software and infrastructure needed to support aerial mobility.