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

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

Symbotic Price Performance

Symbotic stock opened at $39.60 on Friday. The company’s 50-day moving average is $42.83 and its 200-day moving average is $50.71. The firm has a market capitalization of $23.87 billion, a PE ratio of 440.00, a P/E/G ratio of 6.86 and a beta of 1.94. Symbotic Inc. has a fifty-two week low of $38.19 and a fifty-two week high of $87.88.

Symbotic (NASDAQ:SYM) last issued its earnings results on Wednesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.04). The firm had revenue of $720.84 million during the quarter, compared to analyst estimates of $715.03 million. Symbotic had a net margin of 0.48% and a return on equity of 1.53%. The company’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter last year, the business posted ($0.05) earnings per share. As a group, analysts expect that Symbotic Inc. will post 0.23 EPS for the current year.

Symbotic News Summary

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 Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Robert W. Baird set a $51.00 price target on Symbotic in a research note on Thursday. Zacks Research cut shares of Symbotic from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th. The Goldman Sachs Group dropped their price objective on shares of Symbotic from $54.00 to $45.00 and set a “sell” rating on the stock in a research report on Tuesday, May 26th. DA Davidson restated a “buy” rating and set a $70.00 target price on shares of Symbotic in a research note on Monday, May 11th. Finally, Weiss Ratings downgraded shares of Symbotic from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Symbotic has an average rating of “Hold” and a consensus target price of $65.92.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in shares of Symbotic by 28.8% during the first quarter. Royal Bank of Canada now owns 84,856 shares of the company’s stock worth $1,714,000 after buying an additional 18,967 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Symbotic by 15.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,899 shares of the company’s stock valued at $1,716,000 after acquiring an additional 11,098 shares in the last quarter. Russell Investments Group Ltd. bought a new position in Symbotic during the second quarter worth about $804,000. Invesco Ltd. increased its position in Symbotic by 33.2% during the second 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 Symbotic in the 2nd quarter worth about $267,000.

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.