The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Joby Aviation Inc shares valued at $250,000,004 were purchased by TOYOTA MOTOR CORP/ on May 22 ’25. At $5.03 per share, TOYOTA MOTOR CORP/ acquired 49,701,790 shares. The insider’s holdings grew to 122,573,621 shares worth approximately $1.18 billion following the completion of this transaction.
Also, Bowles Gregory sold 7,754 shares, netting a total of over 51,176 in proceeds. Following the sale of shares at $6.60 each, the insider now holds 153,280 shares.
Before that, GREGORY BOWLES had added 7,754 shares to its account. In a trade valued at $51,487, the Officer bought Joby Aviation Inc shares for $6.64 each.
As published in a research note from Morgan Stanley on April 11, 2025, Joby Aviation Inc [JOBY] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $7. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in early January. As of November 19, 2024, Needham has initiated its “Buy” rating for JOBY. Earlier on September 03, 2024, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for JOBY stock.
Analyzing JOBY Stock Performance
During the last five days, there has been a surge of approximately 22.36%. Over the course of the year, Joby Aviation Inc shares have jumped approximately 18.45%. Shares of the company reached a 52-week high of $10.72 on 01/07/25 and a 52-week low of $4.96 on 04/07/25.
Support And Resistance Levels for Joby Aviation Inc (JOBY)
According to the 24-hour chart, there is a support level at 9.37, which, if violated, would cause prices to drop to 9.12. In the upper region, resistance lies at 10.08. The next price resistance is at 10.54. RSI (Relative Strength Index) is 70.05 on the 14-day chart, showing overbought technical sentiment.