Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Didier Papadopoulos sold 7,262 shares of the stock in a transaction 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 transaction, the insider now directly owns 65,561 shares in the company, valued at approximately $337,639.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 %
Joby Aviation stock opened at $5.15 on Thursday. The firm has a 50-day moving average of $5.04 and a 200-day moving average of $5.43. The firm has a market cap of $3.64 billion, a P/E ratio of -6.77 and a beta of 2.00. Joby Aviation, Inc. has a 1-year low of $4.50 and a 1-year high of $11.06.
Institutional Trading of Joby Aviation
Institutional investors have recently modified their holdings of the company. Monterey Private Wealth Inc. purchased a new stake in shares of Joby Aviation during the fourth quarter worth about $67,000. International Assets Investment Management LLC purchased a new stake in Joby Aviation in the fourth quarter worth about $73,000. Teza Capital Management LLC purchased a new stake in Joby Aviation in the third quarter worth about $76,000. Private Advisor Group LLC purchased a new stake in Joby Aviation in the fourth quarter worth about $77,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in Joby Aviation in the fourth quarter worth about $86,000. 45.54% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on JOBY shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $10.00 price objective on shares of Joby Aviation in a research note on Monday. JPMorgan Chase & Co. raised Joby Aviation from an “underweight” rating to a “neutral” rating and set a $5.00 price objective on the stock in a research note on Friday, May 3rd.
Read Our Latest Stock Report on JOBY
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.
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