Symbotic Inc. (NASDAQ:SYM – Get Free Report) insider William Boyd III sold 9,194 shares of the firm’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $38.83, for a total transaction of $357,003.02. Following the completion of the transaction, the insider directly owned 57,112 shares of the company’s stock, valued at approximately $2,217,658.96. This trade represents a 13.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Symbotic Stock Down 4.0%
Symbotic stock opened at $37.40 on Friday. The company has a market cap of $22.62 billion, a price-to-earnings ratio of 433.00, a PEG ratio of 3.69 and a beta of 1.97. The firm’s fifty day moving average is $41.39 and its 200 day moving average is $48.37. Symbotic Inc. has a 52-week low of $36.47 and a 52-week high of $87.88.
Symbotic (NASDAQ:SYM – Get Free Report) last issued 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). Symbotic had a return on equity of 1.40% and a net margin of 0.48%. The business had revenue of $720.84 million during the quarter, compared to analysts’ expectations of $715.03 million. During the same period in the previous year, the business earned ($0.05) earnings per share. The business’s quarterly revenue was up 21.7% on a year-over-year basis. On average, equities research analysts anticipate that Symbotic Inc. will post 0.21 earnings per share for the current fiscal year.
Symbotic News Roundup
Here are the key news stories impacting Symbotic this week:
- Positive Sentiment: Walmart and Symbotic will expand automation across 25 U.S. regional distribution centers and explore additional opportunities across Walmart’s global supply chain. The agreement strengthens Symbotic’s relationship with a major anchor customer and could support future revenue, backlog and recurring expansion opportunities. Walmart and Symbotic Expand Commercial Agreement
- Positive Sentiment: Recent commentary argues that warehouse-automation demand and Symbotic’s Walmart-driven growth may be undervalued after the stock’s roughly 40% year-to-date decline. This could encourage bargain hunting, although the thesis depends on continued execution and improving profitability. Symbotic Could Be Undervalued on Warehouse Automation Demand
- Neutral Sentiment: Symbotic will report fourth-quarter and fiscal-year 2026 results after the market close on November 23, followed by a 5:00 p.m. ET webcast. Investors may remain cautious ahead of the report, which should provide updates on growth, margins and the Walmart expansion. Symbotic Announces Fiscal 2026 Results Date
- Negative Sentiment: Multiple executives and insiders, including the CFO, CTO, SVPs and William Boyd III, disclosed stock sales. The filings indicate the transactions were primarily intended to cover tax withholding on vested equity awards, reducing their significance as a confidence signal, but the cluster of sales may weigh on sentiment.
- Negative Sentiment: SYM remains below its 50-day and 200-day moving averages and trades at a very high earnings multiple. Investors are also focused on the company’s previous quarterly EPS miss despite revenue exceeding estimates, increasing sensitivity to execution and profitability risks.
Analyst Ratings Changes
Several research firms recently commented on SYM. Weiss Ratings upgraded Symbotic from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, September 21st. Zacks Research upgraded Symbotic from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 5th. Barclays lowered their price objective on Symbotic from $44.00 to $38.00 and set an “underweight” rating for the company in a research note on Tuesday, September 8th. TD Cowen dropped their target price on Symbotic from $75.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, October 22nd. Finally, Robert W. Baird set a $51.00 target price on Symbotic in a research report on Thursday, August 6th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $65.83.
View Our Latest Research Report on SYM
Institutional Investors Weigh In On Symbotic
Institutional investors have recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Symbotic during the 3rd quarter worth about $847,000. Vise Technologies Inc. bought a new position in Symbotic during the 3rd quarter valued at about $270,000. State of Wyoming raised its position in Symbotic by 15.3% in the 3rd quarter. State of Wyoming now owns 23,533 shares of the company’s stock worth $990,000 after purchasing an additional 3,125 shares during the period. Arta Finance Wealth Management LLC raised its position in Symbotic by 7.4% in the 3rd quarter. Arta Finance Wealth Management LLC now owns 31,382 shares of the company’s stock worth $1,320,000 after purchasing an additional 2,163 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in Symbotic by 554.2% in the third quarter. International Assets Investment Management LLC now owns 40,000 shares of the company’s stock worth $1,683,000 after purchasing an additional 33,886 shares during the last quarter.
About Symbotic
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.
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