Insider Selling: Symbotic (NASDAQ:SYM) Director Sells $90,540.00 in Stock

Symbotic Inc. (NASDAQ:SYM) Director Todd Krasnow sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $45.27, for a total transaction of $90,540.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Todd Krasnow also recently made the following trade(s):

• On Monday, July 6th, Todd Krasnow sold 2,000 shares of Symbotic stock. The stock was sold at an average price of $43.92, for a total transaction of $87,840.00.
• On Thursday, May 21st, Todd Krasnow sold 3,367 shares of Symbotic stock. The stock was sold at an average price of $51.00, for a total transaction of $171,717.00.
• On Monday, June 1st, Todd Krasnow sold 2,000 shares of Symbotic stock. The stock was sold at an average price of $47.30, for a total value of $94,600.00.
• On Friday, May 22nd, Todd Krasnow sold 19,655 shares of Symbotic stock. The shares were sold at an average price of $53.73, for a total value of $1,056,063.15.
• On Friday, May 22nd, Todd Krasnow sold 6,978 shares of Symbotic stock. The stock was sold at an average price of $52.12, for a total value of $363,693.36.
• On Monday, May 11th, Todd Krasnow sold 25,422 shares of Symbotic stock. The stock was sold at an average price of $52.45, for a total value of $1,333,383.90.

Symbotic Price Performance

Shares of SYM stock opened at $40.18 on Friday. The stock has a market capitalization of $24.22 billion, a PE ratio of 446.44, a PEG ratio of 5.84 and a beta of 1.94. The business’s 50 day simple moving average is $42.71 and its 200 day simple moving average is $50.63. Symbotic Inc. has a one year low of $38.19 and a one year high of $87.88.

Symbotic (NASDAQ:SYM) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.04). The firm had revenue of $720.84 million for the quarter, compared to the consensus estimate of $715.03 million. Symbotic had a return on equity of 1.53% and a net margin of 0.48%.The firm’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.05) EPS. As a group, research analysts expect that Symbotic Inc. will post 0.23 earnings per share for the current year.

Key Stories Impacting Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Symbotic reported fiscal third-quarter revenue of $720.8 million, up 21.7% year over year and ahead of the $715.0 million consensus estimate. Net income reached approximately $11.7 million, compared with a loss in the year-ago period, while adjusted EBITDA more than doubled. Symbotic Reports Third Quarter Fiscal Year 2026 Results
• Positive Sentiment: Management projected fourth-quarter revenue of $760 million to $780 million and adjusted EBITDA of $100 million to $105 million. The outlook supports expectations for continued expansion, margin improvement and stronger financial inflection points in fiscal 2027.
• Positive Sentiment: Oppenheimer initiated or reiterated a “Buy” view on SYM, while Needham reaffirmed its “Buy” rating with a $75 price target, implying substantial upside from recent trading levels. Zacks Research also upgraded the stock from “Strong Sell” to “Hold,” reducing some of the recent negative analyst pressure. Symbotic Receives a Buy from Oppenheimer
• Neutral Sentiment: Former Bain Capital co-chair Steve Pagliuca joined Symbotic’s board, potentially adding strategic and financial expertise as the company expands its AI-enabled warehouse robotics business.
• Neutral Sentiment: Symbotic’s earnings call emphasized margin gains, a broader product portfolio and expected growth in fiscal 2027 and early 2028. However, the Walmart SymMicro implementation timeline extends into early 2028, leaving investors focused on customer concentration and execution.
• Negative Sentiment: Third-quarter adjusted EPS was $0.09, below analyst expectations of roughly $0.12-$0.13. The miss highlights that profitability remains relatively thin despite strong revenue growth and may limit the stock’s upside given its elevated valuation.
• Negative Sentiment: CFO Izilda Martins sold 27,463 shares to cover tax withholding obligations related to vested equity awards, while directors Charles Kane and Todd Krasnow each sold 2,000 shares under pre-arranged Rule 10b5-1 plans. The transactions appear limited in signaling value but could modestly weigh on sentiment.

Hedge Funds Weigh In On Symbotic

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Symbotic by 47.6% in the 4th quarter. Vanguard Group Inc. now owns 6,932,158 shares of the company’s stock worth $412,463,000 after purchasing an additional 2,237,137 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Symbotic by 51,346.1% during the fourth quarter. JPMorgan Chase & Co. now owns 2,174,372 shares of the company’s stock worth $129,375,000 after buying an additional 2,178,615 shares in the last quarter. Morgan Stanley raised its position in Symbotic by 85.4% in the 4th quarter. Morgan Stanley now owns 2,530,874 shares of the company’s stock valued at $150,587,000 after buying an additional 1,165,513 shares during the last quarter. Ghisallo Capital Management LLC purchased a new stake in Symbotic in the 4th quarter valued at $63,034,000. Finally, Marshall Wace LLP bought a new position in Symbotic during the 4th quarter valued at $33,997,000.

Analysts Set New Price Targets

SYM has been the subject of several research analyst reports. The Goldman Sachs Group lowered their price objective on Symbotic from $54.00 to $45.00 and set a “sell” rating for the company in a research report on Tuesday, May 26th. Zacks Research raised Symbotic from a “strong sell” rating to a “hold” rating in a research note on Wednesday. DA Davidson reiterated a “buy” rating and issued a $70.00 target price on shares of Symbotic in a report on Monday, May 11th. Weiss Ratings lowered Symbotic from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Finally, Robert W. Baird set a $51.00 price objective on shares of Symbotic in a research report on Thursday. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $65.92.

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.