Symbotic (NASDAQ:SYM) Director Sells $1,333,383.90 in Stock

Symbotic Inc. (NASDAQ:SYM) Director Todd Krasnow sold 25,422 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $52.45, for a total transaction of $1,333,383.90. Following the completion of the transaction, the director directly owned 182,036 shares in the company, valued at approximately $9,547,788.20. The trade was a 12.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Monday, May 4th, Todd Krasnow sold 2,000 shares of Symbotic stock. The shares were sold at an average price of $57.61, for a total transaction of $115,220.00.
• On Monday, April 6th, Todd Krasnow sold 2,000 shares of Symbotic stock. The shares were sold at an average price of $53.27, for a total transaction of $106,540.00.
• On Monday, March 9th, Todd Krasnow sold 2,000 shares of Symbotic stock. The shares were sold at an average price of $47.70, for a total transaction of $95,400.00.

Symbotic Stock Performance

Shares of SYM stock opened at $47.32 on Friday. Symbotic Inc. has a 52-week low of $26.58 and a 52-week high of $87.88. The stock has a market cap of $28.52 billion, a PE ratio of -946.21, a PEG ratio of 4.88 and a beta of 2.03. The firm’s 50 day moving average price is $54.30 and its two-hundred day moving average price is $59.96.

Symbotic (NASDAQ:SYM) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). Symbotic had a negative net margin of 0.20% and a negative return on equity of 0.68%. The business had revenue of $676.48 million during the quarter, compared to the consensus estimate of $662.66 million. During the same period in the previous year, the business posted ($0.04) earnings per share. Symbotic’s revenue was up 23.1% compared to the same quarter last year. As a group, sell-side analysts predict that Symbotic Inc. will post 0.34 earnings per share for the current fiscal year.

Trending Headlines about Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: KeyCorp raised its Q2 2028 EPS estimate for Symbotic to $0.76 from $0.75 and kept longer-term forecasts for 2027 and 2028 relatively constructive, suggesting analysts still see meaningful earnings growth ahead. Symbotic estimate update
• Neutral Sentiment: Wall Street’s average rating on Symbotic remains “Hold,” with a consensus price target around $65.62, indicating the market still sees upside but not a clear breakout case yet.
• Negative Sentiment: KeyCorp lowered several near- and medium-term EPS estimates, including Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027 and FY2027, signaling some caution on Symbotic’s profit trajectory. Symbotic estimate updates
• Negative Sentiment: The company’s latest earnings report missed EPS expectations, posting $0.01 per share versus $0.12 expected, which likely continues to weigh on sentiment despite stronger revenue growth.
• Negative Sentiment: Recent insider selling by Director Todd Krasnow, including a sale of 25,422 shares, may also be viewed cautiously by investors and can add to near-term pressure on the stock. Insider selling article

Institutional Investors Weigh In On Symbotic

Institutional investors have recently added to or reduced their stakes in the stock. MAI Capital Management lifted its position in Symbotic by 833.3% in the 3rd quarter. MAI Capital Management now owns 560 shares of the company’s stock valued at $30,000 after acquiring an additional 500 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Symbotic by 100.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 536 shares of the company’s stock valued at $32,000 after buying an additional 268 shares during the last quarter. Quarry LP acquired a new stake in Symbotic in the 4th quarter valued at $36,000. Parallel Advisors LLC increased its stake in Symbotic by 67.3% in the 4th quarter. Parallel Advisors LLC now owns 619 shares of the company’s stock valued at $37,000 after buying an additional 249 shares during the last quarter. Finally, Ameriflex Group Inc. increased its stake in Symbotic by 1,500.0% in the 3rd quarter. Ameriflex Group Inc. now owns 704 shares of the company’s stock valued at $38,000 after buying an additional 660 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on SYM shares. Weiss Ratings cut shares of Symbotic from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. Citigroup reissued an “outperform” rating on shares of Symbotic in a research report on Thursday, February 5th. DA Davidson reissued a “buy” rating and set a $70.00 price target on shares of Symbotic in a research report on Monday, May 11th. Barclays lifted their price target on shares of Symbotic from $42.00 to $44.00 and gave the stock an “underweight” rating in a research report on Monday, March 16th. Finally, Needham & Company LLC lifted their price target on shares of Symbotic from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Symbotic has an average rating of “Hold” and a consensus price target of $65.62.

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.