Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Didier Papadopoulos sold 7,262 shares of Joby Aviation stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $5.15, for a total value of $37,399.30. Following the completion of the sale, the insider now directly owns 65,561 shares in the company, valued at approximately $337,639.15. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Didier Papadopoulos also recently made the following trade(s):
- On Monday, July 1st, Didier Papadopoulos sold 23,188 shares of Joby Aviation stock. The shares were sold at an average price of $4.86, for a total value of $112,693.68.
- On Monday, June 17th, Didier Papadopoulos sold 4,217 shares of Joby Aviation stock. The shares were sold at an average price of $4.93, for a total value of $20,789.81.
- On Friday, May 3rd, Didier Papadopoulos sold 2,587 shares of Joby Aviation stock. The shares were sold at an average price of $5.50, for a total value of $14,228.50.
Joby Aviation Trading Up 3.7 %
Shares of NYSE JOBY opened at $5.15 on Thursday. Joby Aviation, Inc. has a 12 month low of $4.50 and a 12 month high of $11.06. The stock has a 50 day moving average of $5.04 and a 200-day moving average of $5.43. The company has a market capitalization of $3.64 billion, a P/E ratio of -6.77 and a beta of 2.00.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on JOBY. Cantor Fitzgerald restated an “overweight” rating and issued a $10.00 price target on shares of Joby Aviation in a research note on Monday. JPMorgan Chase & Co. upgraded Joby Aviation from an “underweight” rating to a “neutral” rating and set a $5.00 price target for the company in a research note on Friday, May 3rd.
Get Our Latest Research Report on JOBY
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Cetera Advisors LLC grew its stake in shares of Joby Aviation by 32.9% in the first quarter. Cetera Advisors LLC now owns 20,276 shares of the company’s stock valued at $109,000 after acquiring an additional 5,025 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Joby Aviation by 5.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 193,322 shares of the company’s stock valued at $1,037,000 after buying an additional 10,234 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Joby Aviation in the first quarter valued at approximately $15,357,000. Vanguard Group Inc. increased its stake in Joby Aviation by 9.1% during the 1st quarter. Vanguard Group Inc. now owns 34,659,624 shares of the company’s stock worth $185,776,000 after acquiring an additional 2,889,012 shares during the period. Finally, ProShare Advisors LLC raised its holdings in Joby Aviation by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 50,103 shares of the company’s stock valued at $269,000 after acquiring an additional 3,942 shares in the last quarter. Institutional investors own 45.54% of the company’s stock.
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.
Read More
- Five stocks we like better than Joby Aviation
- About the Markup Calculator
- Celebrate July 4th with These Red, White, & Blue Chip Stocks
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- AbbVie Stock: A Perfect Dip for Investors to Buy
- What Are Dividends? Buy the Best Dividend Stocks
- Forget NVIDIA: Super Micro Computer Stock Leads in Momentum
Receive News & Ratings for Joby Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Joby Aviation and related companies with MarketBeat.com's FREE daily email newsletter.