JOBY Chief Product Officer Allison Eric Sells $140K of Stock

Eric Allison, Chief Product Officer at Joby Aviation, Inc. (NYSE: JOBY), sold 27,593 shares on October 13, 2026. The total value of the sale was about $140,448, with the shares sold at an average price of $5.09 each. This transaction adds to a series of insider trades as the company navigates a challenging stock environment.

Inside Allison's Trade

Allison's recent sale is part of a wave of insider trading at Joby Aviation. The shares sold on October 13 were at a price that reflects the current market conditions. The stock has seen significant fluctuations, and Allison's sale could indicate personal financial decisions rather than a signal about the company’s future.

Other Institutional Activity in Joby Aviation

In recent months, several institutional investors have made moves regarding Joby Aviation. Blackrock Inc. increased its holdings by 6,954,852 shares, bringing its total to 53,506,741 shares valued at approximately $249.3 million. Vanguard Portfolio Management also added 1,563,542 shares, resulting in a total of 27,579,214 shares worth about $128.5 million. Meanwhile, Baillie Gifford & Co. reduced its stake by 1,279,582 shares, holding now 61,139,048 shares valued at about $284.9 million.

Joby Aviation, Inc. Stock Up 1.5%

The stock of Joby Aviation is currently trading at around $4.68, which is significantly below the 50-day moving average of $6.72 and the 200-day average of $9.23. It is also 73.3% below its 52-week high of $17.51, yet 5.6% above its 52-week low of $4.43. This positioning suggests that the stock is under pressure in the market.

Recent Earnings

Joby Aviation reported trailing twelve-month revenue of $116.3 million, with a year-over-year revenue growth rate of an impressive 257,493.3%. However, it posted a net loss with an EPS of -$0.90. The next earnings report is set for November 4, 2026, where investors will look for updates on financial performance and future guidance.

Analysts Set New Price Targets

On October 9, 2026, Barclays downgraded Joby Aviation to an 'Underweight' rating with a price target of $4.00, down from $6.00. Earlier, Needham maintained a 'Buy' rating with a target of $15.00 on August 6, 2026, while HC Wainwright & Co. reiterated a 'Buy' rating with a target of $18.00 on September 21, 2026. The consensus among analysts gives Joby a 'Hold' rating with a mean price target of $10.34.

About Joby Aviation

Joby Aviation, based in Santa Cruz, CA, focuses on developing electric vertical takeoff and landing aircraft. The company aims to revolutionize air mobility and provides various services, including passenger transportation and government flight services. Recent insider sales, including Allison's, come as the company continues to develop its innovative technology in a competitive market.

Bottom Line

As Joby Aviation approaches its next earnings report, investors will be keen to see how the company addresses the challenges reflected in its stock price. The upcoming earnings announcement on November 4 will likely provide further insights into its financial health and market strategy.