Symbotic (NASDAQ:SYM) Stock: Insider Brian Daniel Alexander Sells 9,225 Shares

Symbotic Inc. (NASDAQ:SYM) SVP Brian Alexander sold 9,225 shares of the business’s stock in a transaction on Monday, October 26th. The stock was sold at an average price of $38.26, for a total value of $352,948.50. Following the transaction, the senior vice president owned 66,959 shares in the company, valued at approximately $2,561,851.34. This trade represents a 12.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brian Daniel Alexander also recently made the following trade(s):

• On Tuesday, October 27th, Brian Alexander sold 89 shares of Symbotic stock. The shares were sold at an average price of $38.28, for a total value of $3,406.92.

Symbotic Stock Performance

Symbotic stock opened at $37.40 on Friday. The stock has a market cap of $22.62 billion, a PE ratio of 433.00, a price-to-earnings-growth ratio of 3.69 and a beta of 1.97. The stock has a 50-day moving average of $41.39 and a two-hundred day moving average of $48.37. Symbotic Inc. has a one year low of $36.47 and a one year high of $87.88.

Symbotic (NASDAQ:SYM) last issued 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 return on equity of 1.40% and a net margin of 0.48%. The business had revenue of $720.84 million for the quarter, compared to analysts’ expectations of $715.03 million. During the same quarter in the previous year, the firm posted ($0.05) EPS. Symbotic’s revenue was up 21.7% on a year-over-year basis. As a group, sell-side analysts predict that Symbotic Inc. will post 0.21 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings upgraded shares of Symbotic from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, September 21st. Robert W. Baird set a $51.00 price target on shares of Symbotic in a research note on Thursday, August 6th. TD Cowen decreased their price target on shares of Symbotic from $75.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, October 22nd. Needham & Company LLC decreased their price target on shares of Symbotic from C$75.00 to C$60.00 and set a “buy” rating for the company in a report on Tuesday, September 15th. Finally, Zacks Research upgraded shares of Symbotic from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $65.83.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. USS Investment Management Ltd purchased a new position in shares of Symbotic in the first quarter worth about $15,004,000. Abacus FCF Advisors LLC acquired a new stake in shares of Symbotic during the second quarter worth about $3,109,000. Engineers Gate Manager LP lifted its holdings in shares of Symbotic by 469.6% during the second quarter. Engineers Gate Manager LP now owns 56,930 shares of the company’s stock worth $2,559,000 after purchasing an additional 46,936 shares during the period. Peregrine Asset Advisers Inc. purchased a new stake in Symbotic in the first quarter valued at approximately $2,379,000. Finally, Wealthfront Advisers LLC boosted its position in Symbotic by 168.1% in the first quarter. Wealthfront Advisers LLC now owns 71,248 shares of the company’s stock valued at $3,790,000 after buying an additional 44,676 shares during the last quarter.

More Symbotic News

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Walmart and Symbotic will expand automation across 25 U.S. regional distribution centers and explore additional opportunities across Walmart’s global supply chain. The agreement strengthens Symbotic’s relationship with a major anchor customer and could support future revenue, backlog and recurring expansion opportunities. Walmart and Symbotic Expand Commercial Agreement
• Positive Sentiment: Recent commentary argues that warehouse-automation demand and Symbotic’s Walmart-driven growth may be undervalued after the stock’s roughly 40% year-to-date decline. This could encourage bargain hunting, although the thesis depends on continued execution and improving profitability. Symbotic Could Be Undervalued on Warehouse Automation Demand
• Neutral Sentiment: Symbotic will report fourth-quarter and fiscal-year 2026 results after the market close on November 23, followed by a 5:00 p.m. ET webcast. Investors may remain cautious ahead of the report, which should provide updates on growth, margins and the Walmart expansion. Symbotic Announces Fiscal 2026 Results Date
• Negative Sentiment: Multiple executives and insiders, including the CFO, CTO, SVPs and William Boyd III, disclosed stock sales. The filings indicate the transactions were primarily intended to cover tax withholding on vested equity awards, reducing their significance as a confidence signal, but the cluster of sales may weigh on sentiment.
• Negative Sentiment: SYM remains below its 50-day and 200-day moving averages and trades at a very high earnings multiple. Investors are also focused on the company’s previous quarterly EPS miss despite revenue exceeding estimates, increasing sensitivity to execution and profitability risks.

Symbotic Company Profile

Symbotic Inc is an automation technology company that develops artificial intelligence-enabled robotics and software for supply chain and warehouse operations. Its systems are designed to automate the movement, storage, retrieval and replenishment of pallets and cases within large distribution centers, helping customers manage inventory and fulfill orders more efficiently.

The company’s platform combines mobile robots, automated storage and retrieval systems, robotic palletizing and depalletizing equipment, and warehouse-control software.