Joby Aviation CPO Eric Allison Sells 27,932 Shares at $7.53 -- Should Investors Sell Too?
Non-discretionary sale to cover tax withholding from RSU vesting. Allison retains ~710,000 direct shares and ~107,000 derivative securities.
Archived explainer. For the current picture see today's JOBY page.
JOBY AVIATION INC A (JOBY) is drawing unusual attention today. Our newswire has captured 1 story on JOBY across 1 source in the last 36 hours, with AI sentiment reading mixed (avg 48/100).
JOBY stock is moving modestly lower in early trading after a -1.8% gap down from the previous close. The stock opened at $7.21 and has traded in a narrow range, with a high of $7.22 and a low of $7.17. The move follows a non-discretionary insider sale by Chief Product Officer Eric Allison, who sold 27,932 shares at $7.53 to cover tax obligations from restricted stock unit vesting. Allison retains a significant stake in the company, holding approximately 710,000 direct shares and 107,000 derivative securities.
Eric Allison’s recent sale is part of a broader pattern of insider selling. Over the past 90 days, insiders have sold 17 times, totaling $14.3 million. The most recent filing was on July 14, 2026. This activity, combined with a broader bearish trend in the stock, has contributed to investor caution. Over the last eight trading sessions, the stock has fallen 7.5% from $8.12 to $7.51. The stock is currently trading near the lower end of its 52-week range, between $7.33 and $20.95.
JOBY is a high-beta stock with a beta of 2.71, indicating significant volatility relative to the market. The company has a market capitalization of $7.8 billion but remains unprofitable, with an EPS of -1.10 for the trailing twelve months. Despite this, revenue has surged by 69,873.9% over the same period. The intraday session has seen minimal volume so far, with no shares traded, which is 0.0 times the 3-month daily average. The stock has drawn attention on retail forums, with two mentions on Reddit in the past seven days.
The stock has no upcoming earnings date scheduled. Investors should monitor coverage breadth and any further insider activity, as well as broader market sentiment toward the electric air taxi sector.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
Non-discretionary sale to cover tax withholding from RSU vesting. Allison retains ~710,000 direct shares and ~107,000 derivative securities.
More on JOBY: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier JOBY move explainers: 2026-07-22 · 2026-07-21 · 2026-07-20 · 2026-07-17 · 2026-07-16 · 2026-07-14 · 2026-07-13