Joby Aviation Inc’s recent filing unveils that its President of Operations Simi Bonny W unloaded Company’s shares for reported $0.26 million on Jan 17 ’25. In the deal valued at $8.33 per share,31,489 shares were sold. As a result of this transaction, Simi Bonny W now holds 137,097 shares worth roughly $1.13 million.
Then, BONNY SIMI bought 31,489 shares, generating $263,563 in total proceeds.
Before that, Novikov Sergey sold 212 shares. Joby Aviation Inc shares valued at $1,770 were divested by the insider at a price of $8.35 per share. As a result of the transaction, Novikov Sergey now holds 45,727 shares, worth roughly $0.38 million.
JP Morgan downgraded its Joby Aviation Inc [JOBY] rating to an Underweight from a a Neutral in a research note published on January 10, 2025; the price target was increased to $6 from $5. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. H.C. Wainwright began covering JOBY with “Buy” recommendation on September 03, 2024. JP Morgan revised its rating on May 03, 2024. It rated JOBY as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of JOBY
On Friday, Joby Aviation Inc [NYSE:JOBY] saw its stock jump 0.36% to $8.26. Over the last five days, the stock has lost -5.71%. Joby Aviation Inc shares have risen nearly 1.60% since the year began. Nevertheless, the stocks have risen 44.15% over the past one year. While a 52-week high of $10.72 was reached on 01/07/25, a 52-week low of $4.50 was recorded on 01/13/25. SMA at 50 days reached $8.19, while 200 days put it at $6.03.
Levels Of Support And Resistance For JOBY Stock
The 24-hour chart illustrates a support level at 8.04, which if violated will result in even more drops to 7.83. On the upside, there is a resistance level at 8.62. A further resistance level may holdings at 8.99. The Relative Strength Index (RSI) on the 14-day chart is 48.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.03%. Stochastics %K at 30.43% indicates the stock is a holding.
How much short interest is there in Joby Aviation Inc?
A steep rise in short interest was recorded in Joby Aviation Inc stocks on 2025-01-15, dropping by -10.27 million shares to a total of 61.91 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 72.19 million shares. There was a decline of -16.6%, which implies that there is a negative sentiment for the stock.
