Joby Aviation, Inc. (NYSE:JOBY) CEO Joeben Bevirt Sells 5,448 Shares

Joby Aviation, Inc. (NYSE:JOBY) CEO Joeben Bevirt sold 5,448 shares of Joby Aviation stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $4.64, for a total value of $25,278.72. Following the completion of the transaction, the chief executive officer now owns 662,605 shares of the company’s stock, valued at approximately $3,074,487.20. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Joeben Bevirt also recently made the following trade(s):

• On Wednesday, April 3rd, Joeben Bevirt sold 23,750 shares of Joby Aviation stock. The shares were sold at an average price of $4.96, for a total value of $117,800.00.
• On Monday, April 1st, Joeben Bevirt sold 250,000 shares of Joby Aviation stock. The shares were sold at an average price of $5.18, for a total value of $1,295,000.00.
• On Wednesday, March 13th, Joeben Bevirt sold 5,497 shares of Joby Aviation stock. The shares were sold at an average price of $5.42, for a total value of $29,793.74.
• On Wednesday, February 14th, Joeben Bevirt sold 5,757 shares of Joby Aviation stock. The shares were sold at an average price of $6.03, for a total value of $34,714.71.

Joby Aviation Price Performance

Shares of NYSE JOBY opened at $4.58 on Friday. Joby Aviation, Inc. has a fifty-two week low of $3.72 and a fifty-two week high of $11.98. The stock’s 50-day simple moving average is $5.34 and its 200-day simple moving average is $5.82.

Joby Aviation (NYSE:JOBY) last issued its earnings results on Wednesday, February 21st. The company reported ($0.17) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.02. The business had revenue of $1.03 million for the quarter, compared to analyst estimates of $1.50 million. During the same period last year, the business posted ($0.14) EPS. As a group, research analysts predict that Joby Aviation, Inc. will post -0.72 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Joby Aviation

Hedge funds and other institutional investors have recently made changes to their positions in the business. Harbour Investments Inc. increased its position in Joby Aviation by 155.0% during the second quarter. Harbour Investments Inc. now owns 2,468 shares of the company’s stock worth $25,000 after buying an additional 1,500 shares during the period. Sittner & Nelson LLC increased its holdings in shares of Joby Aviation by 100.0% in the third quarter. Sittner & Nelson LLC now owns 4,000 shares of the company’s stock valued at $26,000 after purchasing an additional 2,000 shares during the period. FMR LLC increased its holdings in shares of Joby Aviation by 60.7% in the first quarter. FMR LLC now owns 6,065 shares of the company’s stock valued at $26,000 after purchasing an additional 2,290 shares during the period. Toroso Investments LLC purchased a new stake in shares of Joby Aviation in the fourth quarter valued at approximately $36,000. Finally, Harbor Investment Advisory LLC boosted its stake in shares of Joby Aviation by 466.7% in the third quarter. Harbor Investment Advisory LLC now owns 6,800 shares of the company’s stock valued at $44,000 after buying an additional 5,600 shares in the last quarter. Institutional investors and hedge funds own 45.54% of the company’s stock.

Joby Aviation Company Profile

Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.