Joeben Bevirt Sells 23,750 Shares of Joby Aviation, Inc. (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) CEO Joeben Bevirt sold 23,750 shares of the business’s stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $4.96, for a total transaction of $117,800.00. Following the completion of the sale, the chief executive officer now owns 653,011 shares in the company, valued at $3,238,934.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Joeben Bevirt also recently made the following trade(s):

• On Monday, April 1st, Joeben Bevirt sold 250,000 shares of Joby Aviation stock. The stock was 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 stock was 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 value of $34,714.71.
• On Thursday, January 18th, Joeben Bevirt sold 5,474 shares of Joby Aviation stock. The stock was sold at an average price of $5.59, for a total value of $30,599.66.

Joby Aviation Stock Down 0.6 %

JOBY opened at $4.90 on Friday. Joby Aviation, Inc. has a 52 week low of $3.72 and a 52 week high of $11.98. The business’s fifty day simple moving average is $5.53 and its 200 day simple moving average is $5.94.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of JOBY. Price T Rowe Associates Inc. MD grew its position in shares of Joby Aviation by 7.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 183,088 shares of the company’s stock valued at $1,218,000 after purchasing an additional 12,534 shares during the period. Voya Investment Management LLC grew its holdings in Joby Aviation by 88.3% in the 4th quarter. Voya Investment Management LLC now owns 2,174,913 shares of the company’s stock valued at $14,463,000 after buying an additional 1,020,134 shares during the period. Brevan Howard Capital Management LP acquired a new position in shares of Joby Aviation during the 4th quarter valued at about $67,000. Bridgefront Capital LLC purchased a new position in shares of Joby Aviation during the 4th quarter worth about $106,000. Finally, Comerica Bank acquired a new stake in shares of Joby Aviation in the fourth quarter worth approximately $73,000. 45.54% of the stock is currently owned by institutional investors and hedge funds.

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.