Insider Selling: Joby Aviation, Inc. (NYSE:JOBY) Insider Sells 2,467 Shares of Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Eric Allison sold 2,467 shares of the business’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $4.64, for a total transaction of $11,446.88. Following the sale, the insider now directly owns 392,760 shares of the company’s stock, valued at $1,822,406.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, April 15th, Eric Allison sold 19,393 shares of Joby Aviation stock. The shares were sold at an average price of $4.70, for a total transaction of $91,147.10.

Joby Aviation Price Performance

Shares of JOBY opened at $4.58 on Friday. Joby Aviation, Inc. has a 12-month low of $3.72 and a 12-month high of $11.98. The firm has a fifty day moving average price of $5.34 and a 200-day moving average price of $5.82.

Joby Aviation (NYSE:JOBY) last released its quarterly earnings data on Wednesday, February 21st. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.02. The firm had revenue of $1.03 million during the quarter, compared to the consensus estimate of $1.50 million. During the same quarter in the previous year, the firm earned ($0.14) earnings per share. On average, sell-side analysts anticipate that Joby Aviation, Inc. will post -0.72 earnings per share for the current fiscal year.

Institutional Trading of Joby Aviation

Institutional investors and hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. raised its holdings in shares of Joby Aviation by 155.0% in the second quarter. Harbour Investments Inc. now owns 2,468 shares of the company’s stock valued at $25,000 after acquiring an additional 1,500 shares in the last quarter. Sittner & Nelson LLC raised 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 acquiring an additional 2,000 shares in the last quarter. FMR LLC raised 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 acquiring an additional 2,290 shares in the last quarter. Toroso Investments LLC bought a new stake in shares of Joby Aviation in the fourth quarter valued at about $36,000. Finally, Harbor Investment Advisory LLC raised its holdings 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 acquiring an additional 5,600 shares in the last quarter. 45.54% of the stock is currently owned by institutional investors.

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.