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Symbotic Inc. (NASDAQ:SYM) Chief Strategy Officer William M. Boyd III, disposed of 25,000 shares of Class A Common Stock at a price of $49 per share on July 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the sale amounted to $1.23 million. The transaction occurred near the stock’s 52-week high of $49.86, with the company’s market capitalization now standing at $27.65 billion. According to InvestingPro analysis, the stock has delivered an impressive 98.48% return year-to-date.
The transaction was executed under a trading plan established on August 29, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
On the same day, Boyd also engaged in transactions involving Class V-1 Common Stock and Symbotic Holdings Units. 25,000 shares of Class V-1 Common Stock were disposed of, while 25,000 shares of Class A Common Stock were acquired. Additionally, 25,000 Symbotic Holdings Units were disposed of. These transactions were related to the sale of Class A Common Stock and the terms of the trading plan.
In other recent news, Symbotic Inc. reported robust financial results for the second quarter of 2025, with revenue reaching $550 million, surpassing the forecast of $522.43 million. Despite this positive revenue surprise, the company recorded a net loss of $21 million, although this is an improvement from the $55 million net loss in the previous year. The company’s software revenue surged by 162% year-over-year, highlighting significant growth in this segment. Additionally, Symbotic provided third-quarter revenue guidance between $520 million and $540 million, with adjusted EBITDA expected to range from $26 million to $30 million.
In related developments, TD Cowen maintained its Buy rating on Symbotic, with a price target of $45.00, following productive investor meetings in Europe. The firm expressed confidence in Symbotic’s alignment with popular investment themes such as robotics and automation. Analysts at TD Cowen highlighted the company’s potential for long-term growth, emphasizing its strategic focus on innovative technologies and sustainable practices. The ongoing execution of Symbotic’s business plan and its engagement with investors will be closely watched by the market. These recent developments reflect Symbotic’s strategic positioning in the dynamic fields of automation and robotics.
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