Archer Aviation reports manufacturing ramp with six aircraft in production
William Boyd III, Chief Strategy Officer of Symbotic Inc (NASDAQ:SYM), sold 2,660 shares of Class A Common Stock on July 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as Symbotic’s stock trades near its 52-week high of $54.22, having delivered an impressive 128.51% return year-to-date. The sales, totaling $129,962, were executed in two separate transactions.
The first transaction involved the sale of 2,260 shares at a price of $48.7398, with prices ranging from $48.30 to $49.13. The second transaction involved the sale of 400 shares at a price of $49.5275, with prices ranging from $49.40 to $49.64. The transactions occurred in a company currently valued at $31.9 billion, trading at a notably high Price/Book multiple.
Following the transactions, Boyd directly owns 31,884 shares of Symbotic Inc. The sales were executed pursuant to a trading plan entered into on August 29, 2024, in accordance with Rule 10b5-1. For deeper insights into insider trading patterns and 15+ additional ProTips about Symbotic, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Symbotic Inc. reported robust financial results for the second quarter of 2025, with revenue reaching $550 million, surpassing forecasts of $522.43 million. Despite a net loss of $21 million, the company demonstrated significant improvements from the previous year, driven by a 162% surge in software revenue. Additionally, operational services revenue grew by 47% to $29.6 million, reflecting the company’s strategic focus on expanding its offerings and improving efficiencies. Looking ahead, Symbotic has provided Q3 revenue guidance between $520 million and $540 million, with adjusted EBITDA expected to be between $26 million and $30 million.
In other developments, TD Cowen maintained its Buy rating for Symbotic, with a price target of $45, following productive European investor meetings. The firm’s analysts expressed confidence in Symbotic’s alignment with popular investment themes like robotics, automation, and carbon reduction. This endorsement underscores the company’s potential appeal to investors focused on long-term growth associated with innovative technologies. The analysts’ continued support reflects confidence in Symbotic’s strategic direction and its relevance to current investment trends. As the company continues to engage with investors and execute its business plan, the market will closely monitor its progress in the dynamic field of automation and robotics.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.