Joby Aviation president sells $115,251 in shares

Didier Papadopoulos, President of Aircraft OEM at Joby Aviation Inc (NYSE:JOBY), sold a total of 7,966 shares of common stock on September 15 and 16. The sales were executed in two tranches, with 5,987 shares sold on September 15 at a price of $14.55 per share, totaling $87,110. An additional 1,979 shares were sold on September 16 at $14.22 per share, for a total value of $28,141. The transactions come as JOBY shares have shown remarkable strength, gaining over 170% in the past year, according to InvestingPro data.

On September 14, Papadopoulos also exercised options on 11,641 shares of Joby Aviation’s common stock with a transaction price of $0. The same day, 11,641 Restricted Stock Units (RSUs) were converted into common stock. With a current market capitalization of $12.09 billion, JOBY trades at relatively high multiples, suggesting premium valuation. For comprehensive insider trading analysis and 14 additional key insights, check out the detailed research available on InvestingPro.

Following these transactions, Papadopoulos directly owns 88,628 shares of Joby Aviation .

Sale made pursuant to the Reporting Person’s approved 10b5-1 trading plan adopted on March 20, 2025.

Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.

In other recent news, Joby Aviation has confirmed its participation in the White House’s electric vertical takeoff and landing (eVTOL) Integration Pilot Program. This initiative, directed by a Presidential Executive Order, aims to expedite the operation of eVTOL aircraft in select markets before full FAA certification is achieved. Additionally, Joby Aviation has announced plans to integrate Blade’s air mobility services into the Uber app, following the acquisition of Blade’s passenger business. This integration will allow Uber users to book Blade flights directly, offering access to routes in the New York metropolitan area and Southern Europe.

In a separate development, Joby Aviation showcased its autonomous flight technology during a military exercise, logging over 7,000 miles of autonomous operations. The exercise, led by Pacific Air Forces, involved the company’s Superpilot technology integrated into a Cessna Caravan 208 platform. Furthermore, Cantor Fitzgerald has reiterated its Neutral rating on Joby Aviation, with analyst Andres Sheppard noting the company’s participation in the White House’s eVTOL program as a significant development. These recent activities highlight Joby Aviation’s strategic moves in the burgeoning eVTOL and autonomous flight sectors.

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