Joby Aviation Inc (NYSE: JOBY) is 7.50% higher on its value in year-to-date trading and has touched a low of $4.50 and a high of $10.72 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JOBY stock was last observed hovering at around $9.49 in the last trading session, with the day’s loss setting it -0.75%.
Currently trading at $8.74, the stock is 3.36% and 18.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.85 million and changing -7.90% at the moment leaves the stock 50.89% off its SMA200. JOBY registered 42.11% gain for a year compared to 6-month gain of 40.74%. The firm has a 50-day simple moving average (SMA 50) of $7.3516 and a 200-day simple moving average (SMA200) of $5.7922.
The stock witnessed a 2.46% loss in the last 1 month and extending the period to 3 months gives it a 54.42%, and is 8.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.14% over the week and 9.31% over the month.
Joby Aviation Inc (JOBY) has around 1777 employees, a market worth around $6.69B and $1.11M in sales. Profit margin for the company is -42844.56%. Distance from 52-week low is 94.22% and -18.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.02%).
with sales reaching $44.75k over the same period.The EPS is expected to grow by 9.04% this year, but quarterly earnings will post -82.63% year-over-year. Quarterly sales are estimated to shrink -95.66% in year-over-year returns.
Joby Aviation Inc (JOBY) Top Institutional Holders
338.0 institutions hold shares in Joby Aviation Inc (JOBY), with institutional investors hold 60.58% of the company’s shares. The shares outstanding are 717.09M, and float is at 439.95M with Short Float at 15.04%. Institutions hold 39.96% of the Float.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 52.87 million shares valued at $269.63 million. The investor’s holdings represent 7.755% of the JOBY Shares outstanding. As of 2024-06-30, the second largest holder is CAPRICORN INVESTMENT GROUP LLC with 40.36 million shares valued at $184.07 million to account for 5.9202 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 39.28 million shares representing 5.7614% and valued at over $200.32 million, while BLACKROCK INC. holds 4.1837 of the shares totaling 28.52 million with a market value of $145.46 million.
Joby Aviation Inc (JOBY) Insider Activity
The most recent transaction is an insider sale by Bevirt JoeBen, the company’s CEO and Chief Architect. SEC filings show that Bevirt JoeBen sold 250,000 shares of the company’s common stock on Jan 06 ’25 at a price of $9.84 per share for a total of $2.46 million. Following the sale, the insider now owns 32.33 million shares.
Joby Aviation Inc disclosed in a document filed with the SEC on Jan 06 ’25 that Papadopoulos Didier (President of Aircraft OEM) sold a total of 7,692 shares of the company’s common stock. The trade occurred on Jan 06 ’25 and was made at $10.00 per share for $76920.0. Following the transaction, the insider now directly holds 50902.0 shares of the JOBY stock.
Still, SEC filings show that on Jan 06 ’25, DeHoff Kate () disposed off 30,000 shares at an average price of $10.00 for $0.3 million. The insider now directly holds 206,087 shares of Joby Aviation Inc (JOBY).
