Joby Aviation Inc’s recent filing unveils that its Director TOYOTA MOTOR CORP/ acquired Company’s shares for reported $250.0 million on May 22 ’25. In the deal valued at $5.03 per share,49,701,790 shares were bought. As a result of this transaction, TOYOTA MOTOR CORP/ now holds 122,573,621 shares worth roughly $995.3 million.
Then, Bowles Gregory sold 7,754 shares, generating $51,176 in total proceeds. Upon selling the shares at $6.60, the insider now owns 153,280 shares.
Before that, GREGORY BOWLES bought 7,754 shares. Joby Aviation Inc shares valued at $51,487 were divested by the Officer at a price of $6.64 per share.
Morgan Stanley downgraded its Joby Aviation Inc [JOBY] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early January from “a Neutral” to “an Underweight”. Needham began covering JOBY with “Buy” recommendation on November 19, 2024. H.C. Wainwright started covering the stock on September 03, 2024. It rated JOBY as “a Buy”.
Price Performance Review of JOBY
On Friday, Joby Aviation Inc [NYSE:JOBY] saw its stock jump 7.41% to $8.12. Over the last five days, the stock has gained 3.84%. Joby Aviation Inc shares have fallen nearly -0.12% since the year began. Nevertheless, the stocks have risen 66.74% over the past one year. While a 52-week high of $10.72 was reached on 01/07/25, a 52-week low of $4.66 was recorded on 04/07/25. SMA at 50 days reached $6.62, while 200 days put it at $6.67.
Levels Of Support And Resistance For JOBY Stock
The 24-hour chart illustrates a support level at 7.77, which if violated will result in even more drops to 7.42. On the upside, there is a resistance level at 8.40. A further resistance level may holdings at 8.68. The Relative Strength Index (RSI) on the 14-day chart is 59.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.41%. Stochastics %K at 51.81% indicates the stock is a holding.