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With 34% Ownership of the Shares, Joby Aviation, Inc. (NYSE:JOBY) Is Heavily Dominated by Institutional Owners
Joby Aviation, Inc. (NYSE:JOBY) is significantly influenced by institutional investors who own 34% of the company’s shares, making the stock price sensitive to their trading activities. The top 10 shareholders collectively own more than half of the company, with Toyota Motor Corporation being the largest single shareholder. Insiders also hold a substantial stake of US$1.6 billion, indicating alignment with shareholder interests despite recent insider selling.