Symbotic (NASDAQ:SYM) CFO Izilda Martins Sells 27,463 Shares

Symbotic Inc. (NASDAQ:SYM) CFO Izilda Martins sold 27,463 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $40.80, for a total transaction of $1,120,490.40. Following the completion of the sale, the chief financial officer owned 35,171 shares of the company’s stock, valued at approximately $1,434,976.80. The trade was a 43.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Symbotic Stock Down 2.0%

Shares of NASDAQ:SYM opened at $46.52 on Thursday. The firm has a fifty day moving average of $43.02 and a two-hundred day moving average of $50.90. Symbotic Inc. has a 12-month low of $38.19 and a 12-month high of $87.88. The firm has a market capitalization of $28.04 billion, a P/E ratio of -930.21, a price-to-earnings-growth ratio of 7.00 and a beta of 1.94.

Symbotic (NASDAQ:SYM) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). Symbotic had a negative return on equity of 0.68% and a negative net margin of 0.20%.The company had revenue of $720.84 million during the quarter, compared to analyst estimates of $715.03 million. During the same period last year, the company posted ($0.05) earnings per share. The company’s revenue was up 21.7% compared to the same quarter last year. Equities research analysts expect that Symbotic Inc. will post 0.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Symbotic

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Symbotic by 47.6% during the 4th quarter. Vanguard Group Inc. now owns 6,932,158 shares of the company’s stock valued at $412,463,000 after acquiring an additional 2,237,137 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in Symbotic by 54.3% during the fourth quarter. Handelsbanken Fonder AB now owns 423,020 shares of the company’s stock worth $25,170,000 after purchasing an additional 148,842 shares during the period. M&T Bank Corp boosted its holdings in Symbotic by 1,108.8% during the fourth quarter. M&T Bank Corp now owns 330,882 shares of the company’s stock valued at $19,687,000 after purchasing an additional 303,510 shares in the last quarter. Wealthfront Advisers LLC acquired a new stake in Symbotic during the fourth quarter valued at approximately $1,581,000. Finally, Seven Grand Managers LLC acquired a new stake in Symbotic during the fourth quarter valued at approximately $4,462,000.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on SYM shares. The Goldman Sachs Group cut 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. Weiss Ratings cut Symbotic from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Zacks Research downgraded Symbotic from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. Finally, DA Davidson reaffirmed a “buy” rating and set a $70.00 price objective on shares of Symbotic in a research report on Monday, May 11th. Seven analysts have rated the stock with a Buy rating, three have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $66.50.

Symbotic News Summary

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Symbotic reported third-quarter fiscal 2026 revenue of approximately $721 million, up 22% year over year and ahead of the $715 million analyst consensus. Net income was $55 million, compared with a $21 million loss in the year-ago quarter. Symbotic Reports Third Quarter Fiscal Year 2026 Results
• Positive Sentiment: Management forecast fourth-quarter revenue of $760 million to $780 million, a range that brackets the $770.7 million consensus estimate and signals continued demand for the company’s warehouse-automation systems.
• Positive Sentiment: Former Bain Capital co-chair Steve Pagliuca was elected to Symbotic’s board, potentially adding financial and strategic expertise as the company expands its artificial-intelligence-enabled robotics business. Symbotic Reports Third Quarter Fiscal Year 2026 Results
• Neutral Sentiment: Coverage of Symbotic’s use of AI coding agents highlights the company’s efforts to manage software-development costs as AI usage increases, but provides limited new information about near-term financial results. AI coding agents are blowing through budgets
• Negative Sentiment: Quarterly EPS was $0.09, below the $0.13 consensus estimate. Although revenue exceeded expectations, the earnings shortfall likely drove the negative market reaction and renewed concerns about profitability. Symbotic earnings release
• Negative Sentiment: Directors Todd Krasnow and Charles Kane each sold 2,000 shares under pre-arranged Rule 10b5-1 plans. The sales were relatively small and scheduled in advance, limiting their signaling value, but they may still weigh modestly on sentiment.

About Symbotic

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.