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 $1.05 billion.
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.
Cantor Fitzgerald downgraded its Joby Aviation Inc [JOBY] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid April from “an Overweight” to “an Equal-weight”. JP Morgan also remained covering JOBY and has decreased its forecast on January 10, 2025 with a “an Underweight” recommendation from previously “Neutral” rating. Needham started covering the stock on November 19, 2024. It rated JOBY as “a Buy”.
Price Performance Review of JOBY
On Friday, Joby Aviation Inc [NYSE:JOBY] saw its stock fall -3.04% to $8.60. Over the last five days, the stock has gained 5.91%. Joby Aviation Inc shares have risen nearly 5.78% since the year began. Nevertheless, the stocks have risen 68.96% 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.
Levels Of Support And Resistance For JOBY Stock
The 24-hour chart illustrates a support level at 8.41, which if violated will result in even more drops to 8.23. On the upside, there is a resistance level at 8.82. A further resistance level may holdings at 9.05.
How much short interest is there in Joby Aviation Inc?
A steep rise in short interest was recorded in Joby Aviation Inc stocks on 2025-05-30, dropping by -0.51 million shares to a total of 65.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 65.74 million shares. There was a decline of -0.78%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 03, 2024 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $9 price target.
