Symbotic Inc. (NASDAQ:SYM – Get Free Report) insider Maria Freve sold 2,265 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $38.25, for a total transaction of $86,636.25. Following the sale, the insider owned 5,676 shares in the company, valued at approximately $217,107. This trade represents a 28.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Symbotic Trading Up 1.4%
Shares of NASDAQ SYM opened at $37.93 on Friday. Symbotic Inc. has a 12-month low of $36.02 and a 12-month high of $87.88. The stock has a market cap of $22.94 billion, a P/E ratio of 415.56, a PEG ratio of 3.54 and a beta of 1.97. The business’s fifty day simple moving average is $41.32 and its 200-day simple moving average is $48.19.
Symbotic (NASDAQ:SYM – Get Free Report) last posted 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). Symbotic had a net margin of 0.48% and a return on equity of 1.40%. The company had revenue of $720.84 million during the quarter, compared to analyst estimates of $715.03 million. During the same period in the prior year, the business earned ($0.05) EPS. Symbotic’s revenue for the quarter was up 21.7% on a year-over-year basis. On average, equities analysts forecast that Symbotic Inc. will post 0.21 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts have recently commented on SYM shares. Barclays cut their target price on Symbotic from $44.00 to $38.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 8th. Robert W. Baird set a $51.00 price target on Symbotic in a research report on Thursday, August 6th. Needham & Company LLC dropped their target price on Symbotic from C$75.00 to C$60.00 and set a “buy” rating on the stock in a report on Tuesday, September 15th. Weiss Ratings raised Symbotic from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, September 21st. Finally, TD Cowen dropped their price objective on shares of Symbotic from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Thursday, October 22nd. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $65.83.
View Our Latest Research Report on SYM
Trending Headlines about Symbotic
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.
Institutional Trading of Symbotic
A number of institutional investors have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Symbotic in the third quarter valued at about $847,000. Vise Technologies Inc. purchased a new position in Symbotic during the third quarter worth $270,000. State of Wyoming increased its position in Symbotic by 15.3% during the third quarter. State of Wyoming now owns 23,533 shares of the company’s stock worth $990,000 after buying an additional 3,125 shares in the last quarter. Arta Finance Wealth Management LLC lifted its position in shares of Symbotic by 7.4% in the third quarter. Arta Finance Wealth Management LLC now owns 31,382 shares of the company’s stock valued at $1,320,000 after acquiring an additional 2,163 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in Symbotic by 554.2% in the 3rd quarter. International Assets Investment Management LLC now owns 40,000 shares of the company’s stock valued at $1,683,000 after purchasing an additional 33,886 shares in 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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