Joby Aviation (NYSE:JOBY) Stock: Insider Eric Allison Sells 27,593 Shares

Joby Aviation, Inc. (NYSE:JOBY) insider Eric Allison sold 27,593 shares of Joby Aviation stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $5.09, for a total transaction of $140,448.37. Following the transaction, the insider directly owned 745,120 shares of the company’s stock, valued at $3,792,660.80. This represents a 3.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Eric Allison also recently made the following trade(s):

• On Friday, October 2nd, Eric Allison sold 9,331 shares of Joby Aviation stock. The shares were sold at an average price of $5.95, for a total transaction of $55,519.45.

Joby Aviation Stock Up 4.7%

NYSE:JOBY opened at $4.83 on Friday. Joby Aviation, Inc. has a 12 month low of $4.43 and a 12 month high of $18.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 17.98 and a current ratio of 17.98. The company’s 50-day moving average price is $6.63 and its two-hundred day moving average price is $8.22.

Joby Aviation (NYSE:JOBY) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.02). Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%. The firm had revenue of $38.64 million for the quarter, compared to the consensus estimate of $30.20 million. During the same period in the prior year, the company posted ($0.41) earnings per share. Joby Aviation’s quarterly revenue was up 257493.3% compared to the same quarter last year. Equities analysts predict that Joby Aviation, Inc. will post -1.00 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on JOBY. Wall Street Zen lowered Joby Aviation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. HC Wainwright reaffirmed a “buy” rating and issued a $18.00 price target on shares of Joby Aviation in a report on Monday, September 21st. Barclays initiated coverage on shares of Joby Aviation in a research report on Friday, October 9th. They set an “underweight” rating and a $4.00 price target on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research report on Monday. Finally, Needham & Company LLC decreased 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. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $12.72.

Institutional Trading of Joby Aviation

Hedge funds and other institutional investors have recently modified their holdings of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Joby Aviation during the 4th quarter worth $28,000. Ancora Advisors LLC acquired a new stake in shares of Joby Aviation in the 2nd quarter valued at $27,000. Leonteq Securities AG increased its stake in shares of Joby Aviation by 295.2% in the 1st quarter. Leonteq Securities AG now owns 4,351 shares of the company’s stock valued at $36,000 after buying an additional 3,250 shares during the period. Western Wealth Management LLC acquired a new stake in shares of Joby Aviation in the 1st quarter valued at $37,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Joby Aviation by 95.5% during the first quarter. Geneos Wealth Management Inc. now owns 5,385 shares of the company’s stock worth $44,000 after acquiring an additional 2,630 shares during the last quarter. Institutional investors and hedge funds own 52.85% of the company’s stock.

Key Joby Aviation News

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

• Positive Sentiment: Some market commentators continue to view Joby as an attractive speculative opportunity before its first paying passenger flight. Supportive factors include progress toward commercial operations, flights in Texas, a manufacturing relationship with Toyota and the possibility that regulatory approval could significantly improve the company’s valuation. 1 eVTOL Stock to Buy Before the First Paying Passenger Takes Off
• Positive Sentiment: Joby was highlighted as a potential value pick outside the artificial-intelligence trade, which may be supporting interest from investors looking for beaten-down growth stocks. The bullish case remains tied to the company eventually securing certification and building a scalable air-taxi business. Only 20 Stocks Are Holding Up the Market: 3 Bargains Outside AI
• Neutral Sentiment: Joby will release third-quarter 2026 results after the market closes on November 4 and hold an investor webcast afterward. The announcement itself provides no financial update, but the report should offer insight into cash usage, production progress and certification timing. Joby Aviation to Report Third Quarter 2026 Financial Results
• Neutral Sentiment: Insiders Eric Allison and Kate Dehoff sold shares to cover tax-withholding obligations tied to vested equity awards. Although the transactions reduced their holdings, the stated purpose makes them a limited signal of management’s view of Joby’s prospects. Joby Aviation Insider Selling
• Negative Sentiment: FAA certification is now viewed as potentially slipping into late 2027 or early 2028, delaying Joby’s commercial ramp. The company’s approximately $2.3 billion cash balance provides runway, but continued losses and cash burn increase the risk that commercialization will require additional funding. The Resonant Sciences acquisition adds defense exposure but may dilute focus on the core eVTOL strategy. Joby Aviation: A Compelling Opportunity, But Patience Is Required
• Negative Sentiment: Barclays cut its price target from $6 to $4 and assigned an Underweight rating following an October legal verdict. Analysts remain divided, with concerns about competition, financing needs, manufacturing scalability and valuation weighing against the long-term air-taxi opportunity. Joby Aviation Stock Gets Fair Value Trim

About Joby Aviation

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.