Joby Aviation (JOBY) Insider DeHoff Kate Sells $42K of Stock

Kate DeHoff, the Chief Legal Officer and Corporate Secretary at Joby Aviation, Inc. (NYSE: JOBY), sold 8,279 shares on October 13, 2026, at an average price of $5.09. This sale brought in about $42,140, reflecting the ongoing adjustments among insiders. The stock was trading at $4.68 on the day this article was published, having dropped significantly from its 52-week high of $17.50.

Inside DeHoff's Trade

DeHoff's recent sale shows a strategic move as the stock hovers around its lower 52-week range. The transaction is not part of a planned selling strategy. The stock has seen various ups and downs, recently facing pressure amid changing analyst ratings.

Other Institutional Activity in Joby Aviation

Several institutional investors have shown varying levels of activity regarding Joby Aviation. Blackrock Inc. grew its stake by 6,954,852 shares, bringing its total to 53,506,741 shares valued at about $250.1 million. Meanwhile, Baillie Gifford & Co reduced its holdings by 1,279,582 shares, resulting in a total of 61,139,048 shares worth approximately $285.8 million. Vanguard Portfolio Management LLC increased its position, adding 1,563,542 shares for a total of 27,579,214 shares valued at about $128.9 million.

Joby Aviation, Inc. Stock Up 1.5%

Joby shares are currently trading at $4.68, which is below their 50-day moving average of $6.72 and close to the low of $4.43 seen in the last 52 weeks. This might indicate a challenging environment for the stock, especially with the mixed sentiments from analysts.

Recent Earnings

In the most recent quarter, Joby Aviation reported revenues of $116.3 million, with a staggering revenue growth of 2574.93%. However, the company is not yet profitable, recording an EPS of -$0.90, with a return on equity (ROE) of -65.9%. The next earnings report is scheduled for November 4, 2026.

Analysts Set New Price Targets

Analysts have had differing views on Joby Aviation in recent weeks. On October 9, 2026, Barclays downgraded the stock to a rating of 'Underweight' with a target price set at $4.00, down from $6.00. HC Wainwright & Co. maintained a 'Buy' rating with a price target of $18.00 as of September 21, 2026, while Needham also maintained a 'Buy' rating but adjusted its target down to $15.00 on August 6, 2026.

About Joby Aviation

Joby Aviation, Inc. is an air mobility company based in Santa Cruz, California. The company specializes in developing and manufacturing electric vertical takeoff and landing aircraft. Joby's technology aims to revolutionize passenger transportation through innovative flying solutions, making it a key player in the evolving aviation landscape.

Bottom Line

Joby Aviation continues to navigate a challenging market with mixed analyst opinions and insider trading activity. Keep an eye on the upcoming earnings report on November 4, 2026, as it may provide further insights into the company's financial health. It's worth noting that this insider sale reflects a snapshot of the company's activities as of the reporting period and may not represent current positions.