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

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

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

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

Joby Aviation Trading Down 0.8 %

JOBY opened at $4.54 on Friday. Joby Aviation, Inc. has a 52-week low of $3.72 and a 52-week high of $11.98. The business’s 50-day simple moving average is $5.31 and its 200 day simple moving average is $5.81.

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 company had revenue of $1.03 million for the quarter, compared to the consensus estimate of $1.50 million. During the same quarter in the previous year, the company posted ($0.14) EPS. As a group, research analysts predict that Joby Aviation, Inc. will post -0.72 earnings per share for the current year.

Institutional Trading of Joby Aviation

Several institutional investors and hedge funds have recently bought and sold shares of the stock. 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 last quarter. Sittner & Nelson LLC increased 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 worth $26,000 after buying an additional 2,000 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in Joby Aviation by 4.4% during the first quarter. Rockefeller Capital Management L.P. now owns 47,850 shares of the company’s stock worth $207,000 after buying an additional 2,000 shares during the last quarter. Toroso Investments LLC increased its position in Joby Aviation by 19.5% during the first quarter. Toroso Investments LLC now owns 13,394 shares of the company’s stock worth $89,000 after buying an additional 2,186 shares during the last quarter. Finally, FMR LLC increased its position in Joby Aviation by 60.7% during the first quarter. FMR LLC now owns 6,065 shares of the company’s stock worth $26,000 after buying an additional 2,290 shares during the last quarter. Institutional investors own 45.54% of the company’s stock.

About Joby Aviation

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.