Joby Aviation (NYSE:JOBY) Insider Sells $17,641.75 in Stock

Posted by Francis Steltz on Oct 8th, 2026

Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Sergey Novikov sold 2,965 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $5.95, for a total transaction of $17,641.75. Following the transaction, the insider owned 48,681 shares in the company, valued at approximately $289,651.95. This trade represents a 5.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Joby Aviation Trading Down 0.4%

Shares of JOBY stock opened at $5.75 on Thursday. The company has a current ratio of 17.98, a quick ratio of 17.98 and a debt-to-equity ratio of 0.40. Joby Aviation, Inc. has a 12-month low of $5.58 and a 12-month high of $18.77. The stock has a market capitalization of $5.69 billion, a P/E ratio of -5.81 and a beta of 2.66. The firm’s 50 day moving average is $6.93 and its 200 day moving average is $8.37.

Joby Aviation (NYSE:JOBY – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.02). The company had revenue of $38.64 million for the quarter, compared to analysts’ expectations of $30.20 million. Joby Aviation had a negative net margin of 755.11% and a negative return on equity of 55.29%. Joby Aviation’s quarterly revenue was up 257493.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.41) earnings per share. Research analysts expect that Joby Aviation, Inc. will post -1 earnings per share for the current year.

More Joby Aviation News

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

Positive Sentiment: Joby’s flight operations are adopting BitRipple’s LT3 connectivity system, which combines satellite and cellular networks for real-time, flight-critical telemetry and monitoring. The deployment supports the reliability and operational infrastructure needed for advanced air mobility. BitRipple LT3 Deployed Across Joby Flight Operations
Positive Sentiment: ARK Invest, led by Cathie Wood, continued to invest in Joby and other flying-taxi companies. The buying provides a favorable signal from a high-profile growth investor, although it does not change Joby’s near-term certification and cash-burn risks. Cathie Wood Bets Big on Flying Taxis
Neutral Sentiment: A long-term investment analysis argues that JOBY could have substantial upside by 2029 if it secures regulatory approval, launches commercial flights and scales production. However, Joby remains a speculative, loss-making company with no commercial air-taxi service yet, so the projection is highly dependent on execution. Prediction: Here’s What a $5,000 Investment in Joby Aviation Will Be Worth in 3 Years
Neutral Sentiment: Several insiders, including CEO JoeBen Bevirt, CFO Rodrigo Brumana, Gregory Bowles, Sergey Novikov, Bonny Simi, Kate Dehoff and others, reported share sales. Some transactions were conducted under Rule 10b5-1 plans or to cover tax withholding, limiting their significance, but the concentration of sales may weigh on investor sentiment.
Negative Sentiment: The $116.9 million verdict is the dominant near-term overhang. It could reduce Joby’s cash runway, increase legal costs and distract management as the company works toward aircraft certification, manufacturing scale-up and commercial operations. Joby Aviation Hit With $116.9 Million Verdict in Trade Secrets Lawsuit

Hedge Funds Weigh In On Joby Aviation

A number of institutional investors have recently bought and sold shares of JOBY. Renaissance Technologies LLC lifted its position in Joby Aviation by 194.5% during the first quarter. Renaissance Technologies LLC now owns 4,005,200 shares of the company’s stock valued at $33,083,000 after purchasing an additional 2,645,200 shares in the last quarter. Norges Bank purchased a new stake in Joby Aviation in the fourth quarter worth about $32,269,000. Clear Street Group Inc. raised its stake in shares of Joby Aviation by 59.9% in the fourth quarter. Clear Street Group Inc. now owns 3,593,043 shares of the company’s stock worth $47,428,000 after buying an additional 1,346,205 shares during the period. USS Investment Management Ltd bought a new position in shares of Joby Aviation in the first quarter worth about $8,868,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Joby Aviation by 971.4% during the 4th quarter. BNP Paribas Financial Markets now owns 1,002,005 shares of the company’s stock valued at $13,226,000 after buying an additional 908,486 shares in the last quarter. 52.85% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on JOBY shares. HC Wainwright reissued a “buy” rating and issued a $18.00 target price on shares of Joby Aviation in a report on Monday, September 21st. Barclays upgraded Joby Aviation to a “hold” rating in a research note on Wednesday, July 29th. Susquehanna set a $18.00 price target on shares of Joby Aviation in a research report on Thursday, August 6th. Needham & Company LLC dropped their price objective on shares of Joby Aviation from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, Wall Street Zen lowered shares of Joby Aviation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $13.81.

Check Out Our Latest Stock Report on Joby Aviation

Joby Aviation Company Profile

(Get Free Report)

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.