Insider Selling: Symbotic (NASDAQ:SYM) CTO Sells $734,246.24 in Stock

Symbotic Inc. (NASDAQ:SYM) CTO James Kuffner sold 19,201 shares of the stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $38.24, for a total transaction of $734,246.24. Following the completion of the transaction, the chief technology officer directly owned 248,580 shares of the company’s stock, valued at $9,505,699.20. The trade was a 7.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

James Kuffner also recently made the following trade(s):

• On Tuesday, October 27th, James Kuffner sold 198 shares of Symbotic stock. The stock was sold at an average price of $38.34, for a total transaction of $7,591.32.
• On Monday, August 24th, James Kuffner sold 3,952 shares of Symbotic stock. The stock was sold at an average price of $40.59, for a total transaction of $160,411.68.

Symbotic Trading Up 1.4%

NASDAQ:SYM opened at $37.93 on Friday. The company has a market cap of $22.94 billion, a PE ratio of 415.56, a P/E/G ratio of 3.54 and a beta of 1.97. Symbotic Inc. has a twelve month low of $36.02 and a twelve month high of $87.88. The company’s 50 day moving average is $41.32 and its two-hundred day moving average is $48.19.

Symbotic (NASDAQ:SYM) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). The company had revenue of $720.84 million for the quarter, compared to analyst estimates of $715.03 million. Symbotic had a net margin of 0.48% and a return on equity of 1.40%. The company’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 company posted ($0.05) EPS. As a group, analysts expect that Symbotic Inc. will post 0.21 EPS for the current fiscal year.

Symbotic News Summary

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Walmart expanded its automation relationship with Symbotic, committing approximately $6 billion initially to deploy the company’s systems across 25 U.S. regional distribution centers. The agreement also creates opportunities for broader automation throughout Walmart’s global supply chain, strengthening Symbotic’s revenue visibility and demonstrating the value of its major anchor customer. Walmart and Symbotic Expand Commercial Agreement
• Positive Sentiment: The Walmart announcement reinforces Symbotic’s long-term growth narrative in warehouse automation. A multiyear rollout with a large, established customer could support higher sales, recurring expansion opportunities and improved operating leverage if deployments proceed successfully. Symbotic and Walmart Expand Agreement
• Neutral Sentiment: Symbotic will report fourth-quarter and full-year fiscal 2026 results after the market close on November 23, 2026, followed by a 5:00 p.m. ET webcast. Investors may use the results and outlook to assess whether the Walmart expansion is translating into profitable growth. Symbotic Fiscal 2026 Results Date
• Negative Sentiment: Valuation remains a risk: Symbotic trades at a very high earnings multiple while its shares remain below their 50-day and 200-day moving averages. Recent sales by the CFO, CTO, SVPs and other insiders could weigh on sentiment, although the filings indicate the transactions were primarily made to cover tax withholding on vested equity awards.

Analyst Ratings Changes

A number of analysts have commented on the company. Needham & Company LLC lowered their price target on Symbotic from C$75.00 to C$60.00 and set a “buy” rating for the company in a research report on Tuesday, September 15th. Barclays cut their price objective on Symbotic from $44.00 to $38.00 and set an “underweight” rating on the stock in a report on Tuesday, September 8th. Weiss Ratings upgraded Symbotic from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, September 21st. Robert W. Baird set a $51.00 target price on Symbotic in a report on Thursday, August 6th. Finally, Zacks Research raised Symbotic from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 5th. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Symbotic currently has an average rating of “Hold” and a consensus target price of $65.83.

Institutional Trading of Symbotic

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC increased its holdings in shares of Symbotic by 5.2% in the second quarter. Concurrent Investment Advisors LLC now owns 5,811 shares of the company’s stock valued at $261,000 after purchasing an additional 287 shares during the last quarter. Toth Financial Advisory Corp boosted its stake in Symbotic by 88.7% during the third quarter. Toth Financial Advisory Corp now owns 632 shares of the company’s stock worth $27,000 after buying an additional 297 shares during the last quarter. International Assets Investment Management LLC boosted its stake in Symbotic by 5.4% during the first quarter. International Assets Investment Management LLC now owns 5,844 shares of the company’s stock worth $320,000 after buying an additional 300 shares during the last quarter. QRG Capital Management Inc. boosted its stake in Symbotic by 7.2% during the second quarter. QRG Capital Management Inc. now owns 5,100 shares of the company’s stock worth $229,000 after buying an additional 344 shares during the last quarter. Finally, IAG Wealth Partners LLC boosted its stake in Symbotic by 29.4% during the first quarter. IAG Wealth Partners LLC now owns 1,752 shares of the company’s stock worth $93,000 after buying an additional 398 shares during the last quarter.

Symbotic Company Profile

Symbotic Inc is an automation technology company that develops artificial intelligence-enabled robotics and software for supply chain and warehouse operations. Its systems are designed to automate the movement, storage, retrieval and replenishment of pallets and cases within large distribution centers, helping customers manage inventory and fulfill orders more efficiently.

The company’s platform combines mobile robots, automated storage and retrieval systems, robotic palletizing and depalletizing equipment, and warehouse-control software.