Key Points
- Director Charles Kane sold 2,000 shares on May 1 at an average price of $58.26 under a pre‑arranged Rule 10b5‑1 plan, reducing his stake to 89,852 shares (about a 2.18% decrease), after also selling blocks in March and April.
- Symbotic missed quarterly EPS expectations (EPS $0.02 vs. $0.08 consensus) despite revenue growing 29.4% to roughly $630M; the company remains unprofitable with a negative net margin and a negative P/E.
- DA Davidson recently upgraded SYM to Buy with a $70 target and several institutional investors increased positions, though the street consensus is still roughly a Hold.
Symbotic Inc. (NASDAQ:SYM - Get Free Report) Director Charles Kane sold 2,000 shares of the business's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $58.26, for a total value of $116,520.00. Following the completion of the transaction, the director directly owned 89,852 shares in the company, valued at $5,234,777.52. This represents a 2.18% decrease in their ownership of the stock. The sale 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.
Charles Kane also recently made the following trade(s):
- On Wednesday, April 1st, Charles Kane sold 2,000 shares of Symbotic stock. The shares were sold at an average price of $53.74, for a total transaction of $107,480.00.
- On Monday, March 9th, Charles Kane sold 4,000 shares of Symbotic stock. The shares were sold at an average price of $47.86, for a total transaction of $191,440.00.
Symbotic Price Performance
Shares of Symbotic stock opened at $58.06 on Wednesday. The business has a 50-day simple moving average of $54.70 and a 200 day simple moving average of $60.79. Symbotic Inc. has a one year low of $21.89 and a one year high of $87.88. The firm has a market capitalization of $34.96 billion, a price-to-earnings ratio of -580.57, a PEG ratio of 5.71 and a beta of 2.03.
Symbotic (NASDAQ:SYM - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.06). Symbotic had a negative return on equity of 1.88% and a negative net margin of 0.45%.The business had revenue of $629.99 million for the quarter, compared to analyst estimates of $622.58 million. During the same quarter in the previous year, the company posted ($0.03) EPS. The business's quarterly revenue was up 29.4% on a year-over-year basis. On average, sell-side analysts expect that Symbotic Inc. will post 0.33 EPS for the current year.
Key Headlines Impacting Symbotic
Here are the key news stories impacting Symbotic this week:
- Positive Sentiment: DA Davidson upgraded SYM to Buy and raised its price target to $70 (from $57), citing an “AI‑enabled technology moat” and long runway for adoption — a likely driver of renewed buying interest. DA Davidson Upgrades Symbotic (SYM) to Buy
- Positive Sentiment: Analyst/preview coverage highlights strong Q2 revenue growth expectations tied to new deployments and the Fox Robotics acquisition, which could boost forward revenue visibility ahead of the quarter. Symbotic Gears Up to Report Q2 Earnings: What's in the Cards?
- Positive Sentiment: Management reported record throughput (over 6.5M cases processed in a day) and reiterated installation timing that supports growth expectations — a concrete operational proof point for investors focused on execution. Symbotic Q3 2025 Earnings Transcript
- Neutral Sentiment: Some coverage is flagging recent price consolidation after a strong one‑year return, suggesting investors are reassessing short‑term valuation and risk even as longer‑term thesis remains intact. Assessing Symbotic (SYM) Valuation
- Neutral Sentiment: Brokerage consensus remains roughly a “Hold” on average, indicating mixed analyst conviction despite recent upgrades. Symbotic Given Average Rating of "Hold"
- Neutral Sentiment: Director Charles Kane sold 2,000 shares under a pre‑arranged Rule 10b5‑1 plan; the sale is small relative to his holdings and was planned, so it’s less likely to signal negative insider sentiment but may attract short‑term attention. Insider Sale — Charles Kane
- Negative Sentiment: Symbotic’s most recent reported quarter showed a modest EPS miss (Feb. 4), with the company still unprofitable on a net margin basis — a reminder that profitability and margin expansion remain key risks for valuation. SYM Recent Financials (MarketBeat)
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of SYM. Royal Bank of Canada increased its position in shares of Symbotic by 28.8% in the first quarter. Royal Bank of Canada now owns 84,856 shares of the company's stock worth $1,714,000 after purchasing an additional 18,967 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Symbotic by 15.0% during 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 valued at $1,716,000 after purchasing an additional 11,098 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Symbotic in the second quarter worth about $804,000. Invesco Ltd. grew its position in Symbotic by 33.2% during 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 last quarter. Finally, Cresset Asset Management LLC purchased a new position in Symbotic in the 2nd quarter worth approximately $267,000.
Wall Street Analyst Weigh In
Several research firms recently weighed in on SYM. Citigroup restated an "outperform" rating on shares of Symbotic in a report on Thursday, February 5th. Needham & Company LLC lifted their target price 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. UBS Group set a $70.00 target price on Symbotic in a research note on Wednesday, February 18th. DA Davidson raised Symbotic from a "neutral" rating to a "buy" rating and upped their target price for the company from $57.00 to $70.00 in a report on Wednesday, April 15th. Finally, Wall Street Zen downgraded Symbotic from a "buy" rating to a "hold" rating in a research report on Saturday, February 28th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Symbotic currently has an average rating of "Hold" and an average price target of $65.62.
Read Our Latest Analysis on SYM
Symbotic Company Profile
(
Get Free Report)
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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