Toyota Motor $TM Reports a $250 Million Joby Aviation $JOBY Purchase

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

Here's what stood out today:

📌 Joby Aviation Inc $JOBY – Toyota Motor $TM came in with a monster Form 4 showing a $250 million purchase, boosting its total position to 128,454,401 shares. 

That gives Toyota a 16% stake in JOBY. Even more telling, JOBY now represents 29.12% of Toyota’s equity portfolio, making it its second-largest holding after Grab Holdings $GRAB. 

That’s a serious vote of confidence in the flying taxi space.

Here’s The Hot Corner, with data from May 27, 2025:

Click the table to enlarge it.

📌 KKR & Co. $KKR – Timothy Barakett, the founder of Atticus Capital, filed an eye-popping Form 4 after scooping up 35,000 shares worth $4.1 million. 

📌 VF Corp $VFC – The CEO, the COO, and a director all stepped up at once, combining for more than $2.2 million in purchases.

When multiple execs at the same company start buying together, it often signals strong internal conviction – especially when the company’s been under pressure.

These purchases come as the owner of Vans, The North Face, Timberland and many other beloved American brands trades at levels not seen since the lows of the Global Financial Crisis.