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 the company’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $4.64, for a total transaction of $25,278.72. Following the transaction, the chief executive officer now owns 662,605 shares in the company, valued at approximately $3,074,487.20. The transaction was disclosed in a filing 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 transaction 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 transaction 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 transaction 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 transaction of $34,714.71.

Joby Aviation Price Performance

Joby Aviation stock opened at $4.58 on Friday. The firm has a 50 day moving average of $5.34 and a 200 day moving average of $5.82. Joby Aviation, Inc. has a 12-month low of $3.72 and a 12-month high of $11.98.

Joby Aviation (NYSE:JOBY) last released its earnings results on Wednesday, February 21st. The company reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.02. The firm had revenue of $1.03 million during the quarter, compared to analysts’ expectations of $1.50 million. During the same period in the prior year, the company posted ($0.14) earnings per share. Sell-side analysts predict that Joby Aviation, Inc. will post -0.72 earnings per share for the current year.

Institutional Investors Weigh In On Joby Aviation

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Harbour Investments Inc. increased its holdings in Joby Aviation by 155.0% in the 2nd quarter. Harbour Investments Inc. now owns 2,468 shares of the company’s stock worth $25,000 after acquiring an additional 1,500 shares in the last quarter. Sittner & Nelson LLC increased its holdings in Joby Aviation by 100.0% in the 3rd quarter. Sittner & Nelson LLC now owns 4,000 shares of the company’s stock worth $26,000 after acquiring an additional 2,000 shares in the last quarter. FMR LLC increased its holdings in Joby Aviation by 60.7% in the 1st quarter. FMR LLC now owns 6,065 shares of the company’s stock worth $26,000 after acquiring an additional 2,290 shares in the last quarter. Toroso Investments LLC purchased a new stake in Joby Aviation during the 4th quarter valued at approximately $36,000. Finally, Harbor Investment Advisory LLC grew its holdings in Joby Aviation by 466.7% during the 3rd 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. 45.54% of the stock is owned by hedge funds and other 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.