14,620 Shares in Joby Aviation, Inc. (NYSE:JOBY) Purchased by Herold Advisors Inc.

Herold Advisors Inc. purchased a new position in Joby Aviation, Inc. (NYSE:JOBY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 14,620 shares of the company’s stock, valued at approximately $97,000.

Several other institutional investors also recently modified their holdings of the business. Sittner & Nelson LLC increased its stake in shares of Joby Aviation by 100.0% in the 3rd quarter. Sittner & Nelson LLC now owns 4,000 shares of the company’s stock worth $26,000 after acquiring an additional 2,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Joby Aviation by 2.4% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 115,986 shares of the company’s stock worth $748,000 after acquiring an additional 2,771 shares in the last quarter. Prime Capital Investment Advisors LLC increased its stake in shares of Joby Aviation by 18.1% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 20,317 shares of the company’s stock worth $135,000 after acquiring an additional 3,120 shares in the last quarter. Arizona State Retirement System increased its stake in shares of Joby Aviation by 11.7% in the 3rd quarter. Arizona State Retirement System now owns 49,292 shares of the company’s stock worth $318,000 after acquiring an additional 5,153 shares in the last quarter. Finally, Cookson Peirce & Co. Inc. increased its stake in shares of Joby Aviation by 3.9% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 150,393 shares of the company’s stock worth $1,000,000 after acquiring an additional 5,704 shares in the last quarter. 45.54% of the stock is currently owned by institutional investors.

Joby Aviation Price Performance

JOBY stock traded up $0.25 during trading on Friday, hitting $5.35. 6,235,902 shares of the stock traded hands, compared to its average volume of 4,906,770. Joby Aviation, Inc. has a 1 year low of $3.83 and a 1 year high of $11.98. The firm’s 50 day moving average is $5.19 and its two-hundred day moving average is $5.76. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of -6.60 and a beta of 2.07.

Joby Aviation (NYSE:JOBY) last announced its quarterly earnings data on Wednesday, February 21st. The company reported ($0.17) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.02. The firm had revenue of $1.03 million for the quarter, compared to analysts’ expectations of $1.50 million. During the same period last year, the company posted ($0.14) earnings per share. As a group, analysts anticipate that Joby Aviation, Inc. will post -0.72 EPS for the current fiscal year.

Insider Activity at Joby Aviation

In related news, CEO Joeben Bevirt sold 5,448 shares of the stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $4.64, for a total transaction of $25,278.72. Following the sale, the chief executive officer now directly owns 662,605 shares of the company’s stock, valued at approximately $3,074,487.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Joeben Bevirt sold 5,448 shares of the firm’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $4.64, for a total transaction of $25,278.72. Following the sale, the chief executive officer now owns 662,605 shares of the company’s stock, valued at approximately $3,074,487.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Eric Allison sold 19,393 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $4.70, for a total transaction of $91,147.10. Following the sale, the insider now directly owns 422,592 shares in the company, valued at approximately $1,986,182.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 550,832 shares of company stock valued at $2,822,382. 49.50% of the stock is owned by insiders.

Joby Aviation Profile

Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.