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Symbotic Inc. (NASDAQ:SYM) Chief Strategy Officer William M. Boyd III, sold 11,735 shares of Class A Common Stock on August 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the company’s stock has shown remarkable strength, gaining over 175% in the past year and currently trading near its 52-week high of $64.16.
The shares were sold in three separate transactions, all executed on the same day, for a total value of $591,733.
The first transaction involved the sale of 4,867 shares at a price of $49.9802, with prices ranging from $49.37 to $50.36. The second transaction involved the sale of 6,768 shares at a price of $50.7304, with prices ranging from $50.37 to $51.29. The final transaction involved the sale of 100 shares at $51.37 per share.
Following these 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 of the Securities Exchange Act of 1934.
In other recent news, Symbotic Inc. reported impressive financial results for the second quarter of 2025. The company’s revenue reached $550 million, exceeding the forecast of $522.43 million. Despite reporting a net loss of $21 million, Symbotic demonstrated notable improvements from the previous year, driven by growth in software and operational services revenue. Additionally, TD Cowen maintained its Buy rating for Symbotic, setting a price target of $45.00. The analysts at TD Cowen highlighted the company’s alignment with popular investment themes in Europe, such as robotics, automation, and carbon reduction. These themes were discussed during a series of European investor meetings, which were described as busy and productive. Symbotic’s narrative appears to resonate well with long-term, thematic-focused investors, according to TD Cowen’s analysts.
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