Eric Allison Sells 19,393 Shares of Joby Aviation, Inc. (NYSE:JOBY) Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Eric Allison sold 19,393 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $4.70, for a total value of $91,147.10. Following the transaction, the insider now owns 422,592 shares in the company, valued at $1,986,182.40. The sale was disclosed in a legal filing with the SEC, which is available 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 Trading Down 0.7 %

JOBY opened at $4.58 on Friday. Joby Aviation, Inc. has a one year low of $3.72 and a one year high of $11.98. The business’s 50 day moving average price is $5.34 and its 200 day moving average price is $5.82.

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. lifted its holdings in Joby Aviation by 155.0% in the second 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 position in Joby Aviation by 100.0% in the third quarter. Sittner & Nelson LLC now owns 4,000 shares of the company’s stock valued at $26,000 after purchasing an additional 2,000 shares during the period. PNC Financial Services Group Inc. raised its position in Joby Aviation by 254.2% in the second quarter. PNC Financial Services Group Inc. now owns 5,370 shares of the company’s stock valued at $55,000 after purchasing an additional 3,854 shares during the period. FMR LLC raised its position in Joby Aviation by 60.7% in the first quarter. FMR LLC now owns 6,065 shares of the company’s stock valued at $26,000 after purchasing an additional 2,290 shares during the period. Finally, Harbor Investment Advisory LLC raised its position in Joby Aviation by 466.7% in the third quarter. Harbor Investment Advisory LLC now owns 6,800 shares of the company’s stock valued at $44,000 after purchasing an additional 5,600 shares during the period. 45.54% of the stock is currently owned by institutional investors and hedge funds.

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.