Insider Selling: Symbotic (NASDAQ:SYM) Director Sells 2,000 Shares

Posted by Stanley Muller on Sep 3rd, 2026

Symbotic Inc. (NASDAQ:SYM – Get Free Report) Director Charles Kane sold 2,000 shares of Symbotic stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $39.00, for a total value of $78,000.00. Following the sale, the director directly owned 89,852 shares in the company, valued at approximately $3,504,228. This trade represents a 2.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Monday, August 3rd, Charles Kane sold 2,000 shares of Symbotic stock. The stock was sold at an average price of $43.21, for a total value of $86,420.00.
On Wednesday, July 1st, Charles Kane sold 2,000 shares of Symbotic stock. The shares were sold at an average price of $44.90, for a total value of $89,800.00.

Symbotic Stock Up 4.3%

Symbotic stock traded up $1.73 during mid-day trading on Thursday, hitting $41.60. 1,343,569 shares of the company’s stock traded hands, compared to its average volume of 1,848,039. Symbotic Inc. has a one year low of $37.68 and a one year high of $87.88. The firm has a 50 day moving average price of $41.96 and a 200 day moving average price of $48.30. The company has a market cap of $25.16 billion, a PE ratio of 462.22, a price-to-earnings-growth ratio of 5.14 and a beta of 1.94.

Symbotic (NASDAQ:SYM – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). Symbotic had a net margin of 0.48% and a return on equity of 1.40%. The business had revenue of $720.84 million for the quarter, compared to analyst estimates of $715.03 million. During the same period last year, the business posted ($0.05) earnings per share. Symbotic’s revenue for the quarter was up 21.7% on a year-over-year basis. On average, analysts expect that Symbotic Inc. will post 0.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

SYM has been the subject of a number of research analyst reports. Zacks Research raised shares of Symbotic from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Needham & Company LLC restated a “buy” rating and issued a $75.00 target price on shares of Symbotic in a research report on Thursday, August 6th. The Goldman Sachs Group decreased their price target on Symbotic from $54.00 to $45.00 and set a “sell” rating for the company in a research note on Tuesday, May 26th. DA Davidson reissued a “buy” rating and issued a $70.00 price objective on shares of Symbotic in a research note on Monday, May 11th. Finally, Weiss Ratings upgraded Symbotic from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 21st. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $65.92.

Check Out Our Latest Research Report on SYM

Hedge Funds Weigh In On Symbotic

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew 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 during the last quarter. Handelsbanken Fonder AB increased its holdings in Symbotic by 54.3% during the 4th quarter. Handelsbanken Fonder AB now owns 423,020 shares of the company’s stock valued at $25,170,000 after purchasing an additional 148,842 shares in the last quarter. Polianta Ltd acquired a new stake in Symbotic during the 1st quarter valued at $1,596,000. Financiere des Professionnels Fonds d investissement inc. bought a new position in Symbotic in the 1st quarter valued at $788,000. Finally, Seven Grand Managers LLC bought a new position in Symbotic in the 4th quarter valued at $4,462,000.

Symbotic Company Profile

(Get Free Report)

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.