Insider Selling: Symbotic (NASDAQ:SYM) Director Sells 2,000 Shares of Stock

Key Points

• Insider sale: Director Todd Krasnow sold 2,000 shares on May 4 at an average of $57.61 for $115,220 under a pre‑arranged Rule 10b5‑1 plan, following similar 2,000‑share sales in March and April.
• Mixed quarterly results: Symbotic reported Q2 revenue up ~23% to $676M and adjusted EBITDA more than doubled to $78M with raised Q3 revenue guidance of $700–$720M, but posted a GAAP EPS miss ( $0.01 vs. $0.11 consensus), highlighting profitability questions despite strong top‑line growth.
• Market and analyst backdrop: Institutional buying and several upgrades (e.g., DA Davidson to Buy) contrast with a consensus rating of "Hold" and a negative PE, reflecting divergent views amid volatile trading and an average target near $65.62.

Symbotic Inc. (NASDAQ:SYM - Get Free Report) Director Todd Krasnow sold 2,000 shares of the company's stock in a transaction on Monday, May 4th. The shares were sold at an average price of $57.61, for a total transaction of $115,220.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 Price Performance

SYM traded up $3.08 during trading on Wednesday, hitting $61.16. The company had a trading volume of 3,361,123 shares, compared to its average volume of 1,353,475. The company has a market cap of $36.83 billion, a PE ratio of -611.54, a P/E/G ratio of 5.82 and a beta of 2.03. The business has a 50-day moving average of $54.84 and a 200-day moving average of $60.72. Symbotic Inc. has a 1-year low of $21.89 and a 1-year high of $87.88.

Symbotic (NASDAQ:SYM - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.10). Symbotic had a negative net margin of 0.45% and a negative return on equity of 1.88%. Symbotic's quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.04) earnings per share. Research analysts forecast that Symbotic Inc. will post 0.33 earnings per share for the current year.

Trending Headlines about Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Company reported strong Q2 results: revenue rose ~23% to $676M and adjusted EBITDA more than doubled to $78M, and management disclosed higher third‑quarter revenue guidance ($700M–$720M) that sits above consensus — supporting the growth story. Read More.
• Positive Sentiment: Some outlets report an EPS/outlook beat on the quarter (Zacks highlights an EPS beat vs. consensus), which has reignited upside discussion among investors focused on improving profitability metrics. Read More.
• Positive Sentiment: Strategic investment and product traction — Symbotic led a $60M Series C for battery/power specialist Nyobolt (supporting autonomous machines) and announced record operational throughput and a next‑gen storage product and new deployment win, signaling commercial momentum and tech differentiation. Read More.
• Positive Sentiment: DA Davidson upgraded SYM to Buy and raised its target to $70, citing an “AI‑enabled technology moat,” which likely attracted additional buying interest from growth/AI-focused funds. Read More.
• Neutral Sentiment: Insider activity: a director sold 2,000 shares under a pre‑arranged 10b5‑1 plan; the sale is small relative to his holdings and appears planned rather than signaling a change in conviction. Read More.
• Neutral Sentiment: Analyst/market positioning remains mixed: several buy upgrades and higher targets exist, but consensus analyst rating averages to a “Hold,” so conviction is uneven across the sell side. Read More.
• Negative Sentiment: Conflicting EPS signals — some data providers reported a modest GAAP EPS miss and highlight continued lack of consistent net‑margin profitability on a GAAP basis, which keeps valuation and margin ramp risk front‑of‑mind for skeptics. Read More.

Institutional Trading of Symbotic

A number of large investors have recently modified their holdings of SYM. Royal Bank of Canada increased its holdings in shares of Symbotic by 28.8% in the 1st quarter. Royal Bank of Canada now owns 84,856 shares of the company's stock worth $1,714,000 after acquiring an additional 18,967 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Symbotic by 15.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,899 shares of the company's stock worth $1,716,000 after acquiring an additional 11,098 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of Symbotic in the 2nd quarter worth about $804,000. Invesco Ltd. increased its holdings in shares of Symbotic by 33.2% in the 2nd quarter. Invesco Ltd. now owns 304,207 shares of the company's stock worth $11,818,000 after acquiring an additional 75,828 shares during the period. Finally, Cresset Asset Management LLC acquired a new stake in shares of Symbotic in the 2nd quarter worth about $267,000.

Analyst Ratings Changes

SYM has been the topic of a number of recent research reports. Barclays raised 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. Wall Street Zen downgraded shares of Symbotic from a "buy" rating to a "hold" rating in a research report on Saturday, February 28th. Needham & Company LLC raised 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. DA Davidson upgraded shares of Symbotic from a "neutral" rating to a "buy" rating and raised their price target for the stock from $57.00 to $70.00 in a research report on Wednesday, April 15th. Finally, Zacks Research upgraded shares of Symbotic from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 18th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price 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.

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