Symbotic (NASDAQ:SYM) Director Charles Kane Sells 2,000 Shares of Stock

Symbotic Inc. (NASDAQ:SYM) Director Charles Kane sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $58.26, for a total value of $116,520.00. Following the transaction, the director directly owned 89,852 shares in the company, valued at $5,234,777.52. This trade represents a 2.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Charles Kane also recently made the following trade(s):

• On Wednesday, April 1st, Charles Kane sold 2,000 shares of Symbotic stock. The shares were sold at an average price of $53.74, for a total transaction of $107,480.00.
• On Monday, March 9th, Charles Kane sold 4,000 shares of Symbotic stock. The shares were sold at an average price of $47.86, for a total transaction of $191,440.00.

Symbotic Trading Up 1.9%

Shares of NASDAQ SYM opened at $58.06 on Wednesday. The company has a market capitalization of $34.96 billion, a P/E ratio of -580.57, a P/E/G ratio of 5.71 and a beta of 2.03. Symbotic Inc. has a 12 month low of $21.89 and a 12 month high of $87.88. The stock has a 50 day moving average of $54.70 and a 200-day moving average of $60.79.

Symbotic (NASDAQ:SYM) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). Symbotic had a negative net margin of 0.45% and a negative return on equity of 1.88%. The company had revenue of $629.99 million during the quarter, compared to analyst estimates of $622.58 million. During the same quarter last year, the company posted ($0.03) EPS. The firm’s quarterly revenue was up 29.4% on a year-over-year basis. Analysts predict that Symbotic Inc. will post 0.33 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SYM. Royal Bank of Canada increased its position in Symbotic by 28.8% during the 1st quarter. Royal Bank of Canada now owns 84,856 shares of the company’s stock valued at $1,714,000 after purchasing an additional 18,967 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Symbotic by 15.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,899 shares of the company’s stock valued at $1,716,000 after purchasing an additional 11,098 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Symbotic in the 2nd quarter valued at $804,000. Invesco Ltd. increased its position in shares of Symbotic by 33.2% during the second quarter. Invesco Ltd. now owns 304,207 shares of the company’s stock worth $11,818,000 after buying an additional 75,828 shares during the period. Finally, Cresset Asset Management LLC acquired a new stake in shares of Symbotic during the second quarter worth $267,000.

Wall Street Analyst Weigh In

SYM has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Symbotic in a research report on Tuesday, April 21st. Barclays lifted their price objective on Symbotic from $42.00 to $44.00 and gave the company an “underweight” rating in a report on Monday, March 16th. Wall Street Zen downgraded Symbotic from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. UBS Group set a $70.00 price target on Symbotic in a research report on Wednesday, February 18th. Finally, Northland Securities set a $73.00 price target on Symbotic in a research note on Thursday, February 5th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $65.62.

Symbotic News Summary

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: DA Davidson upgraded SYM to Buy and raised its price target to $70 (from $57), citing an “AI‑enabled technology moat” and long runway for adoption — a likely driver of renewed buying interest. DA Davidson Upgrades Symbotic (SYM) to Buy
• Positive Sentiment: Analyst/preview coverage highlights strong Q2 revenue growth expectations tied to new deployments and the Fox Robotics acquisition, which could boost forward revenue visibility ahead of the quarter. Symbotic Gears Up to Report Q2 Earnings: What’s in the Cards?
• Positive Sentiment: Management reported record throughput (over 6.5M cases processed in a day) and reiterated installation timing that supports growth expectations — a concrete operational proof point for investors focused on execution. Symbotic Q3 2025 Earnings Transcript
• Neutral Sentiment: Some coverage is flagging recent price consolidation after a strong one‑year return, suggesting investors are reassessing short‑term valuation and risk even as longer‑term thesis remains intact. Assessing Symbotic (SYM) Valuation
• Neutral Sentiment: Brokerage consensus remains roughly a “Hold” on average, indicating mixed analyst conviction despite recent upgrades. Symbotic Given Average Rating of “Hold”
• Neutral Sentiment: Director Charles Kane sold 2,000 shares under a pre‑arranged Rule 10b5‑1 plan; the sale is small relative to his holdings and was planned, so it’s less likely to signal negative insider sentiment but may attract short‑term attention. Insider Sale — Charles Kane
• Negative Sentiment: Symbotic’s most recent reported quarter showed a modest EPS miss (Feb. 4), with the company still unprofitable on a net margin basis — a reminder that profitability and margin expansion remain key risks for valuation. SYM Recent Financials (MarketBeat)

About Symbotic

Symbotic Inc (NASDAQ: SYM) is a provider of advanced warehouse automation and robotics systems designed to improve throughput, space utilization and labor productivity in distribution centers and fulfillment operations. The company develops integrated hardware and software solutions that automate the storage, retrieval, sorting and palletizing of goods, positioning itself as a systems integrator for material handling challenges faced by large-scale retailers, wholesalers and third-party logistics providers.

Products and services typically include autonomous robotic vehicles and shuttle systems, automated storage-and-retrieval equipment, robotic picking and palletizing cells, conveyors and sortation, together with control and management software that coordinates fleet operations and inventory flow.