Insider Selling: Symbotic (NASDAQ:SYM) CFO Sells $281,230.32 in Stock

Symbotic Inc. (NASDAQ:SYM) CFO Izilda Martins sold 7,224 shares of Symbotic stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $38.93, for a total value of $281,230.32. Following the completion of the transaction, the chief financial officer owned 42,732 shares in the company, valued at $1,663,556.76. This trade represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Symbotic Price Performance

Symbotic stock 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 business has a 50 day simple moving average of $41.32 and a 200-day simple moving average of $48.19. The stock has a market capitalization of $22.94 billion, a PE ratio of 415.56, a price-to-earnings-growth ratio of 3.54 and a beta of 1.97.

Symbotic (NASDAQ:SYM) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.04). Symbotic had a return on equity of 1.40% and a net margin of 0.48%. The company had revenue of $720.84 million for the quarter, compared to analyst estimates of $715.03 million. During the same period in the prior year, the business earned ($0.05) earnings per share. Symbotic’s revenue for the quarter was up 21.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Symbotic Inc. will post 0.21 EPS for the current year.

Institutional Investors Weigh In On Symbotic

A number of institutional investors and hedge funds have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Symbotic in the third quarter valued at $847,000. Vise Technologies Inc. acquired a new position in shares of Symbotic during the 3rd quarter worth $270,000. State of Wyoming raised its stake in shares of Symbotic by 15.3% during the 3rd quarter. State of Wyoming now owns 23,533 shares of the company’s stock worth $990,000 after buying an additional 3,125 shares during the last quarter. Arta Finance Wealth Management LLC raised its stake in shares of Symbotic by 7.4% during the 3rd quarter. Arta Finance Wealth Management LLC now owns 31,382 shares of the company’s stock worth $1,320,000 after buying an additional 2,163 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of Symbotic by 554.2% in the 3rd quarter. International Assets Investment Management LLC now owns 40,000 shares of the company’s stock worth $1,683,000 after buying an additional 33,886 shares in the last quarter.

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.

Analyst Upgrades and Downgrades

SYM has been the topic of several analyst reports. Barclays lowered their target price on shares of Symbotic from $44.00 to $38.00 and set an “underweight” rating on the stock in a report on Tuesday, September 8th. Robert W. Baird set a $51.00 price target on shares of Symbotic in a report on Thursday, August 6th. Weiss Ratings upgraded shares of Symbotic from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, September 21st. Needham & Company LLC lowered their price objective 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. Finally, TD Cowen lowered their price objective on Symbotic from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, October 22nd. Seven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Symbotic presently has an average rating of “Hold” and an average target price of $65.83.

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.