Joby Aviation, Inc. (NYSE:JOBY) Insider Sells $91,147.10 in Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Eric Allison sold 19,393 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $4.70, for a total value of $91,147.10. Following the completion of the sale, the insider now directly owns 422,592 shares of the company’s stock, valued at $1,986,182.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, April 18th, Eric Allison sold 2,467 shares of Joby Aviation stock. The shares were sold at an average price of $4.64, for a total value of $11,446.88.

Joby Aviation Stock Down 0.8 %

JOBY opened at $4.54 on Friday. The business has a 50 day moving average price of $5.31 and a two-hundred day moving average price of $5.81. Joby Aviation, Inc. has a 52 week low of $3.72 and a 52 week high of $11.98.

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

Institutional Trading of Joby Aviation

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harbour Investments Inc. raised its stake in Joby Aviation by 155.0% during the 2nd 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 during the last quarter. Sittner & Nelson LLC raised its stake in shares of Joby Aviation by 100.0% during the 3rd quarter. Sittner & Nelson LLC now owns 4,000 shares of the company’s stock worth $26,000 after buying an additional 2,000 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Joby Aviation by 4.4% during the 1st 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 in the last quarter. Toroso Investments LLC raised its stake in shares of Joby Aviation by 19.5% during the 1st quarter. Toroso Investments LLC now owns 13,394 shares of the company’s stock worth $89,000 after buying an additional 2,186 shares in the last quarter. Finally, FMR LLC raised its stake in shares of Joby Aviation by 60.7% during the 1st quarter. FMR LLC now owns 6,065 shares of the company’s stock worth $26,000 after buying an additional 2,290 shares in the last quarter. 45.54% of the stock is owned by hedge funds and other institutional investors.

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.