Cookson Peirce & Co. Inc. Boosts Stock Holdings in Joby Aviation, Inc. (NYSE:JOBY)

Cookson Peirce & Co. Inc. grew its position in shares of Joby Aviation, Inc. (NYSE:JOBY) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 150,393 shares of the company’s stock after buying an additional 5,704 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Joby Aviation were worth $1,000,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in JOBY. Harbour Investments Inc. lifted 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 valued at $25,000 after purchasing an additional 1,500 shares during the period. Sittner & Nelson LLC lifted its position in Joby Aviation by 100.0% during 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. PNC Financial Services Group Inc. lifted its position in Joby Aviation by 254.2% during the second quarter. PNC Financial Services Group Inc. now owns 5,370 shares of the company’s stock valued at $55,000 after purchasing an additional 3,854 shares during the period. FMR LLC lifted its position in Joby Aviation by 60.7% during 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. Finally, Harbor Investment Advisory LLC lifted its position in Joby Aviation by 466.7% during the third quarter. Harbor Investment Advisory LLC now owns 6,800 shares of the company’s stock valued at $44,000 after purchasing an additional 5,600 shares during the period. Hedge funds and other institutional investors own 45.54% of the company’s stock.

Insiders Place Their Bets

In other Joby Aviation news, insider Didier Papadopoulos sold 11,362 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $4.96, for a total value of $56,355.52. Following the transaction, the insider now directly owns 68,278 shares in the company, valued at $338,658.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Joby Aviation news, CEO Joeben Bevirt sold 5,474 shares of the stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $5.59, for a total value of $30,599.66. Following the transaction, the chief executive officer now directly owns 595,149 shares in the company, valued at $3,326,882.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Didier Papadopoulos sold 11,362 shares of the firm’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $4.96, for a total transaction of $56,355.52. Following the sale, the insider now owns 68,278 shares in the company, valued at $338,658.88. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 533,591 shares of company stock worth $2,750,783. Company insiders own 49.50% of the company’s stock.

Joby Aviation Stock Performance

Shares of Joby Aviation stock opened at $4.60 on Wednesday. The company’s 50 day moving average is $5.38 and its 200 day moving average is $5.84. Joby Aviation, Inc. has a twelve month low of $3.72 and a twelve month high of $11.98.

Joby Aviation (NYSE:JOBY) last issued its quarterly earnings data on Wednesday, February 21st. The company reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.02. The company had revenue of $1.03 million for the quarter, compared to the consensus estimate of $1.50 million. During the same quarter last year, the company earned ($0.14) EPS. Equities analysts expect that Joby Aviation, Inc. will post -0.72 EPS for the current fiscal year.

Joby Aviation 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.