A number of firms have modified their ratings and price targets on shares of Symbotic (NASDAQ: SYM) recently:
- 8/7/2026 – Symbotic had its “sell (d+)” rating reaffirmed by Weiss Ratings.
- 8/6/2026 – Symbotic was given a new $51.00 price target by Robert W. Baird.
- 8/6/2026 – Symbotic had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $75.00 price target on the stock.
- 8/5/2026 – Symbotic was upgraded by Zacks Research from “strong sell” to “hold”.
- 7/7/2026 – Symbotic was downgraded by Zacks Research from “hold” to “strong sell”.
Insider Buying and Selling at Symbotic
In related news, insider William M. Boyd III sold 9,194 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $41.04, for a total value of $377,321.76. Following the completion of the sale, the insider owned 57,112 shares in the company, valued at $2,343,876.48. The trade was a 13.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles Kane sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $43.21, for a total transaction of $86,420.00. Following the completion of the sale, the director owned 89,852 shares of the company’s stock, valued at approximately $3,882,504.92. The trade was a 2.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 88,011 shares of company stock valued at $3,702,469. 8.16% of the stock is currently owned by company insiders.
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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