Todd Krasnow, an insider at Symbotic Inc (SYM), sold 3,560 shares of the company on December 2, 2025, at a price of $67.68 per share, totaling approximately $241,000. Following this transaction, Krasnow retains an equal number of shares in the company.
Symbotic, headquartered in Wilmington, Massachusetts, specializes in automation technology for supply chain operations. The company develops and deploys robotics and automation solutions, improving the efficiency of product movement in large warehouses and distribution centers. With a market capitalization of $43.2 billion and a negative EPS (TTM) of -0.16, Symbotic continues to serve various sectors, including retail grocery and consumer packaged goods.
Insider transactions, such as this sale, are reported to the SEC and provide a glimpse into the financial activities of company executives. While such sales can indicate personal financial decisions, they do not inherently reflect a negative outlook on the company. Investors are encouraged to consider broader patterns of insider activity across multiple executives instead of focusing solely on isolated transactions.
Looking ahead, Symbotic is set to announce its upcoming earnings on August 4, 2026, with an estimated EPS of $0.17 and projected revenue of $703.6 million.