Todd Krasnow Sells 2,000 Shares of Symbotic (NASDAQ:SYM) Stock

Symbotic Inc. (NASDAQ:SYM) Director Todd Krasnow sold 2,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $45.27, for a total value of $90,540.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Todd Krasnow also recently made the following trade(s):

• On Monday, July 6th, Todd Krasnow sold 2,000 shares of Symbotic stock. The shares were sold at an average price of $43.92, for a total value of $87,840.00.
• On Thursday, May 21st, Todd Krasnow sold 3,367 shares of Symbotic stock. The shares were sold at an average price of $51.00, for a total value of $171,717.00.
• On Monday, June 1st, Todd Krasnow sold 2,000 shares of Symbotic stock. The stock was sold at an average price of $47.30, for a total value of $94,600.00.
• On Friday, May 22nd, Todd Krasnow sold 19,655 shares of Symbotic stock. The stock was sold at an average price of $53.73, for a total value of $1,056,063.15.
• On Friday, May 22nd, Todd Krasnow sold 6,978 shares of Symbotic stock. The shares were sold at an average price of $52.12, for a total value of $363,693.36.
• On Monday, May 11th, Todd Krasnow sold 25,422 shares of Symbotic stock. The shares were sold at an average price of $52.45, for a total value of $1,333,383.90.

Symbotic Trading Down 14.9%

Shares of NASDAQ:SYM opened at $39.60 on Friday. Symbotic Inc. has a 12-month low of $38.19 and a 12-month high of $87.88. The business has a 50 day moving average of $42.83 and a two-hundred day moving average of $50.71. The company has a market capitalization of $23.87 billion, a PE ratio of 440.00, a PEG ratio of 6.86 and a beta of 1.94.

Symbotic (NASDAQ:SYM) 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). The firm had revenue of $720.84 million for the quarter, compared to analyst estimates of $715.03 million. Symbotic had a return on equity of 1.53% and a net margin of 0.48%.Symbotic’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.05) EPS. Equities research analysts predict that Symbotic Inc. will post 0.23 earnings per share for the current fiscal year.

Key Headlines Impacting Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Fiscal third-quarter revenue increased 21.7% year over year to approximately $720.8 million, exceeding the $715.0 million analyst consensus. Adjusted EBITDA more than doubled, while the company returned to profitability compared with a loss in the year-ago quarter. Symbotic Q3 Earnings Miss Estimates, Revenues Increase Y/Y
• Positive Sentiment: Symbotic issued fourth-quarter revenue guidance of $760 million to $780 million, broadly in line with the $770.7 million consensus estimate and implying continued sequential growth. Management also highlighted margin gains, product expansion and potential growth inflections in fiscal 2027 and early 2028. SYM Q3 Earnings Call Puts Margin Gains and Expansion in Focus
• Positive Sentiment: Needham reaffirmed its “Buy” rating and assigned a $75 price target, substantially above the referenced trading level, signaling that the firm views the earnings-driven weakness as an opportunity.
• Positive Sentiment: Former Bain Capital co-chair Steve Pagliuca joined Symbotic’s board, potentially adding financial and strategic expertise as the company scales its robotics business. Symbotic Reports Third Quarter Fiscal Year 2026 Results
• Neutral Sentiment: Several directors sold small amounts of stock through pre-arranged Rule 10b5-1 plans. The transactions have limited signaling value but may modestly affect sentiment.
• Negative Sentiment: Quarterly EPS was $0.09, below the $0.13 consensus estimate. The miss, along with still-thin or inconsistent net margins, likely outweighed the revenue beat and renewed concerns about Symbotic’s ability to convert rapid growth into durable earnings. Symbotic Inc. Misses Q3 Earnings Estimates

Wall Street Analyst Weigh In

SYM has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Symbotic in a report on Thursday. Zacks Research lowered shares of Symbotic from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Weiss Ratings cut Symbotic from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. DA Davidson restated a “buy” rating and issued a $70.00 price target on shares of Symbotic in a research note on Monday, May 11th. Finally, Robert W. Baird set a $51.00 price target on Symbotic in a report on Thursday. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, Symbotic presently has a consensus rating of “Hold” and a consensus target price of $65.92.

Institutional Trading of Symbotic

A number of institutional investors have recently made changes to their positions in SYM. Wealthcare Advisory Partners LLC increased its position in shares of Symbotic by 41.9% during the second quarter. Wealthcare Advisory Partners LLC now owns 6,792 shares of the company’s stock worth $305,000 after purchasing an additional 2,005 shares in the last quarter. Polianta Ltd lifted its holdings in Symbotic by 16.7% in the 2nd quarter. Polianta Ltd now owns 35,000 shares of the company’s stock valued at $1,573,000 after purchasing an additional 5,000 shares in the last quarter. 180 Wealth Advisors LLC grew its holdings in shares of Symbotic by 3.6% during the second quarter. 180 Wealth Advisors LLC now owns 61,717 shares of the company’s stock worth $2,774,000 after buying an additional 2,116 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Symbotic in the first quarter valued at about $113,000. Finally, Centaurus Financial Inc. lifted its stake in shares of Symbotic by 62.1% in the first quarter. Centaurus Financial Inc. now owns 2,814 shares of the company’s stock worth $150,000 after buying an additional 1,078 shares in the last quarter.

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.