Joby Aviation director Paul Sciarra sells $310,625 in shares

Joby Aviation's director, Paul Sciarra, divested 62,500 of the company's shares on November 2, 2026, totaling $310,625. The sale, executed under a set trading plan, occurred as Joby Aviation's stock price hovered around $4.85, a 67% decline from the previous year and close to a 52-week low of $4.43. Market analysis suggests the stock is currently undervalued, with a Fair Value of $6.09.

Despite this, Sciarra still holds 166,744 shares directly and 55,578,057 shares indirectly through trusts and foundations. Joby Aviation recently made headlines with an autonomous flight across the U.S. and announced a $500 million acquisition of defense technology firm Resonant Sciences. Additionally, the company filed a prospectus supplement for a potential share resell.

Analysts have rated Joby Aviation favorably, with a Buy rating and $18.00 price target. The company's recent earnings showed a 59% increase in revenue for the quarter, driven by its Blade passenger business.