Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Gregory Bowles sold 3,486 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $10.74, for a total transaction of $37,439.64. Following the sale, the insider directly owned 186,921 shares in the company, valued at approximately $2,007,531.54. This represents a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Gregory Bowles also recently made the following trade(s):
- On Tuesday, May 26th, Gregory Bowles sold 4,602 shares of Joby Aviation stock. The stock was sold at an average price of $11.47, for a total transaction of $52,784.94.
- On Wednesday, April 8th, Gregory Bowles sold 357 shares of Joby Aviation stock. The stock was sold at an average price of $8.87, for a total transaction of $3,166.59.
- On Monday, April 6th, Gregory Bowles sold 4,720 shares of Joby Aviation stock. The stock was sold at an average price of $8.76, for a total transaction of $41,347.20.
- 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.
Joby Aviation Stock Down 0.5%
NYSE:JOBY opened at $11.47 on Thursday. The company has a market cap of $11.28 billion, a PE ratio of -9.97 and a beta of 2.61. Joby Aviation, Inc. has a twelve month low of $7.34 and a twelve month high of $20.95. The company has a current ratio of 22.06, a quick ratio of 22.05 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average is $9.40 and its two-hundred day moving average is $11.68.
Analysts Set New Price Targets
Several research firms have weighed in on JOBY. Morgan Stanley dropped their target price on shares of Joby Aviation from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 6th. HC Wainwright reaffirmed a “buy” rating and issued a $18.00 price objective on shares of Joby Aviation in a report on Thursday, March 12th. Wall Street Zen raised shares of Joby Aviation from a “strong sell” rating to a “sell” rating in a report on Sunday, May 10th. JPMorgan Chase & Co. dropped their price objective on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a report on Thursday, February 26th. Finally, Weiss Ratings downgraded shares of Joby Aviation from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Joby Aviation currently has a consensus rating of “Reduce” and a consensus target price of $13.06.
Read Our Latest Analysis on JOBY
Key Joby Aviation News
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Shares are being lifted by renewed interest in Joby’s FAA progress and plans for New York flights, which keeps the company’s commercial air taxi timeline in focus. Why Joby Aviation Stock Is Climbing Today
- Positive Sentiment: Unusually heavy call option buying suggests traders are positioning for more upside, which can reinforce momentum in the stock.
- Positive Sentiment: A recent article highlighting Joby as one of the better transportation stocks for 2026 may be adding to the bullish narrative around the company’s long-term potential. Best Transportation Stocks to Buy in 2026
Institutional Trading of Joby Aviation
Large investors have recently made changes to their positions in the business. Strategic Advocates LLC purchased a new stake in shares of Joby Aviation in the 3rd quarter valued at $29,000. Fifth Third Bancorp boosted its holdings in shares of Joby Aviation by 207.4% in the 4th quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock valued at $26,000 after acquiring an additional 1,348 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Joby Aviation in the 4th quarter valued at $28,000. Ancora Advisors LLC purchased a new stake in shares of Joby Aviation in the 3rd quarter valued at $35,000. Finally, Pandora Wealth Inc. purchased a new stake in shares of Joby Aviation in the 4th quarter valued at $32,000. 52.85% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Stories
- Five stocks we like better than Joby Aviation
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Receive News & Ratings for Joby Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Joby Aviation and related companies with MarketBeat.com's FREE daily email newsletter.
