Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Joby Aviation Inc shares valued at $1,130,002 were sold by Sciarra Paul Cahill on Mar 24 ’25. At $6.78 per share, Sciarra Paul Cahill sold 166,667 shares. The insider’s holdings dropped to 58,494,728 shares worth approximately $376.12 million following the completion of this transaction.
Also, Simi Bonny W sold 9,695 shares, netting a total of over 65,732 in proceeds. Following the sale of shares at $6.78 each, the insider now holds 146,941 shares.
Before that, BONNY SIMI had added 9,695 shares to its account. In a trade valued at $64,375, the Officer bought Joby Aviation Inc shares for $6.64 each.
As published in a research note from JP Morgan on January 10, 2025, Joby Aviation Inc [JOBY] has been rated down from a Neutral to an Underweight and the price target has been revised to $6 from $5. Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in mid November. As of September 03, 2024, H.C. Wainwright has initiated its “Buy” rating for JOBY. Earlier on May 03, 2024, JP Morgan upgraded its rating. Their new recommendation was “a Neutral” for JOBY stock which previously was a “an Underweight”.
Analyzing JOBY Stock Performance
During the last five days, there has been a surge of approximately 1.58%. Over the course of the year, Joby Aviation Inc shares have dropped approximately -20.91%. Shares of the company reached a 52-week high of $10.72 on 01/07/25 and a 52-week low of $5.88 on 03/11/25. A 50-day SMA is recorded $7.30, while a 200-day SMA reached $6.40.
Support And Resistance Levels for Joby Aviation Inc (JOBY)
According to the 24-hour chart, there is a support level at 6.34, which, if violated, would cause prices to drop to 6.26. In the upper region, resistance lies at 6.57. The next price resistance is at 6.71. RSI (Relative Strength Index) is 44.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.18, which suggests the price will decrease in the coming days. Percent R is at 43.62%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
