Insider Selling: Symbotic (NASDAQ:SYM) CFO Sells $1,120,490.40 in Stock

Symbotic Inc. (NASDAQ:SYM) CFO Izilda Martins sold 27,463 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $40.80, for a total transaction of $1,120,490.40. Following the transaction, the chief financial officer directly owned 35,171 shares in the company, valued at $1,434,976.80. This represents a 43.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Symbotic Trading Up 1.5%

Shares of SYM stock opened at $40.18 on Friday. The stock has a market cap of $24.22 billion, a P/E ratio of 446.44, a price-to-earnings-growth ratio of 5.84 and a beta of 1.94. Symbotic Inc. has a 1 year low of $38.19 and a 1 year high of $87.88. The stock has a 50 day simple moving average of $42.71 and a 200 day simple moving average of $50.63.

Symbotic (NASDAQ:SYM) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.09 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 the consensus estimate of $715.03 million. Symbotic had a return on equity of 1.53% and a net margin of 0.48%.Symbotic’s revenue was up 21.7% on a year-over-year basis. During the same quarter last year, the business earned ($0.05) EPS. Analysts forecast that Symbotic Inc. will post 0.23 EPS for the current year.

Symbotic News Roundup

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.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SYM. Weiss Ratings cut shares of Symbotic from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Zacks Research upgraded shares of Symbotic from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Robert W. Baird set a $51.00 price target on shares of Symbotic in a report on Thursday. Needham & Company LLC reiterated a “buy” rating and set a $75.00 price target on shares of Symbotic in a research report on Thursday. Finally, The Goldman Sachs Group decreased their price objective on shares of Symbotic from $54.00 to $45.00 and set a “sell” rating on the stock in a research note on Tuesday, May 26th. Seven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $65.92.

Institutional Trading of Symbotic

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake 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 valued at $412,463,000 after acquiring an additional 2,237,137 shares during the last quarter. Handelsbanken Fonder AB grew its position in Symbotic by 54.3% during the 4th quarter. Handelsbanken Fonder AB now owns 423,020 shares of the company’s stock worth $25,170,000 after acquiring an additional 148,842 shares during the last quarter. M&T Bank Corp grew its position in Symbotic by 1,108.8% during the 4th quarter. M&T Bank Corp now owns 330,882 shares of the company’s stock worth $19,687,000 after acquiring an additional 303,510 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in Symbotic in the 4th quarter worth about $1,581,000. Finally, Seven Grand Managers LLC acquired a new position in Symbotic in the 4th quarter worth about $4,462,000.

Symbotic Company Profile

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.