Symbotic (SYM) Chief Strategy Officer III Sells $357K of Stock

On October 27, 2026, William M Boyd III, the Chief Strategy Officer at Symbotic Inc. (SYM), sold 9,194 shares at an average price of $38.83. The total value of this transaction was about $357,027. This sale was planned and reported in a Form 4 filing with the SEC.

After the sale, Boyd now owns 57,112 shares of Symbotic, reducing his stake by about 13.87%. Such insider transactions can provide insights into the company's internal sentiment, though selling shares doesn't always indicate negative outlooks.

SYM Symbotic Inc.

$38.98 ▼ -39.91% year to date

1M 3M YTD

Daily close · Oct 27, 2026

Other Institutional Activity in Symbotic Inc.

Several other institutions have held their positions in Symbotic. Softbank Group Corporation continues to hold 39,825,312 shares, valued at about $1.55 billion. Walmart Inc. maintains its 15 million shares worth around $584.7 million. Ameriprise Financial, Inc. increased its stake by 1,963,912 shares, totaling 2,011,390 shares valued at approximately $78.4 million. Meanwhile, BAILLIE GIFFORD & CO trimmed its holdings by 215,898 shares, now holding 12,263,759 shares worth about $478 million.

Symbotic Inc. Stock Up 2.8%

Currently, Symbotic Inc. trades at about $38.98 as of October 28, 2026. This price is below its 50-day moving average of $41.51 and its 200-day average of $48.56, indicating a potential downward trend. The stock is also significantly below its 52-week high of $87.88, down about 55.6%, while remaining above its 52-week low of $36.47.

Recent Earnings

For the trailing twelve months, Symbotic reported revenue of approximately $2.65 billion, reflecting a year-over-year growth of 21.7%. The company has a net margin of 0.3% and a return on equity of 4.4%. The next earnings report is scheduled for November 16, 2026.

Insider Buying and Selling at Symbotic Inc.

In addition to Boyd's recent sale, other insiders have also sold shares. On September 1, 2026, Director Charles Francis Kane sold 2,000 shares at $39, totaling $78,000. Another Director, Todd J Krasnow, sold 2,000 shares on September 8, 2026, valued at $87,140. Kane sold another 2,000 shares on October 1, 2026, while Krasnow sold 2,000 shares on October 5, 2026, for $85,436.

Analysts Set New Price Targets

Analysts have varied opinions on Symbotic. On October 22, 2026, TD Cowen maintained a "Buy" rating with a target price of $70. Needham reiterated a "Buy" rating with a target of $75 on August 6, 2026, but later adjusted it to $60 on September 15, 2026. Barclays, however, maintains an "Underweight" rating with a reduced target of $38.

About Symbotic Inc.

Symbotic Inc. is an automation technology company that develops systems to improve efficiency in modern warehouses. Its technology automates the handling of pallets, cases, and individual items, enhancing operations at the front end of the supply chain. The company is based in Wilmington, Massachusetts.

Bottom Line

William M Boyd III's recent sale is part of a broader trend of insider selling at Symbotic. Investors should keep an eye on the upcoming earnings report on November 16, 2026, and any further insider activity, as these can provide insights into the company's future direction.