JOBY Insider Alert: Director Paul Sciarra Dumps $7.2M in Joby Aviation Stock - What’s Brewing?

Another day, another insider cashing out—this time it's Joby Aviation's director Paul Sciarra making a $7.2 million exit. Because why hold when you can sold, right?

Behind the Sell-Off

Sciarra's move raises eyebrows—and questions. Is it just portfolio rebalancing, or something deeper brewing in the eVTOL space? Markets hate uncertainty, and insiders dumping millions rarely signals sunny skies ahead.

Timing & Tension

The sale lands amid turbulent times for aviation tech. Regulatory hurdles, production delays, and skeptical investors—sounds like the perfect storm for an early exit. Classic finance play: secure your bag before the turbulence hits everyone else.

What’s Next?

Keep an eye on volume spikes and price action. Insider moves often foreshadow volatility—whether it’s a blip or a nosedive remains to be seen. But when directors bail with millions, it’s rarely because they’re bullish.

Another reminder: in traditional markets, insiders sell first and ask questions later. Meanwhile, in crypto, we HODL through chaos. Some things just don’t change.

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While insider selling can raise concern, the use of a structured plan suggests routine diversification rather than a loss of confidence.

A Closer Look at the Insider’s Transactions

According to the FORM 4 filing submitted on August 25, Sciarra sold shares at a weighted average price of $14.35, with trade prices ranging between $14.22 and $14.81. Despite the sale, Sciarra remains one of Joby’s largest stakeholders, holding more than 56.8 million shares through the Sciarra Management Trust, in addition to direct and foundation-linked holdings.

This marks Sciarra’s second major sale this summer. In July 2025, he sold another 500,001 shares for approximately $6 million, also under a 10b5-1 plan.

It is important to keep an eye on the Informative trades of corporate insiders, given their knowledge of a company’s growth potential. Interestingly, TipRanks offers daily insider transactions as well as a list of top corporate insiders. It also provides a list of hot stocks that boast either a Very Positive or Positive insider confidence signal.

Stock Price Momentum

Joby Aviation stock has surged this year on growing excitement around its electric air taxi plans. The shares are up 76% in 2025 and have gained about 174% over the past 12 months. Milestones such as the first piloted eVTOL flight between two FAA-controlled airports and the planned acquisition of Blade Air Mobility’s passenger division have added to the rally.

That momentum cooled in August. Since reporting Q2 2025 results on August 6, Joby’s share price has fallen roughly 24%. The company posted a GAAP EPS loss of $0.41, missing estimates by $0.22, while revenue came in at just $20,000, well below the $1.57 million analysts had projected.

Is JOBY Stock a Good Buy? 

Wall Street remains cautious on Joby Aviation. Over the past three months, the stock has received one Buy, five Hold, and one Sell rating, resulting in a Hold consensus. The average JOBY price target of $11.33 per share implies 20.77% downside risk.