JOBY President of Operations sold 110,173 shares for $1,525,775.31; holdings cut by 46.8% in 3 separate transactions on same day.
Simi Bonny W executed 3 separate sales totaling 110.2K shares for $1.5M on 2026-01-02, reducing her stake from 235.3K to 125.1K shares—a -46.8% reduction of her pre-transaction holdings. The blended average price of $13.85 is notably below the current price of $16.04, suggesting the transactions occurred during a period of relative weakness for the stock. JOBY's fundamentals present challenges: the company reported revenue of $22.6M in the latest quarter, a net loss of $401.2M, and annual revenue decline of -86.8% against a $14.6B market cap. Her prior sales at JOBY show mixed timing results, with 1 of 4 prior sells well-timed at the 90-day mark, compared to a cross-ticker track record of 25.00% well-timed sells. The material reduction in holdings by a President of Operations warrants investor attention, particularly given the severity of the company's financial deterioration.