On October 24, 2024, Merline Saintil, a Director at Symbotic Inc (SYM, Financial), sold 5,250 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 74,562 shares of Symbotic Inc.
Symbotic Inc (SYM, Financial) specializes in providing robotics and automation solutions. The company's technology is designed to enhance the efficiency and effectiveness of warehouse operations, catering to a diverse range of industries including retail and manufacturing.
Over the past year, the insider has sold a total of 8,385 shares and has not made any purchases. This recent transaction is part of a broader trend observed at Symbotic Inc, where there have been 43 insider sells and no insider buys over the last year.
Shares of Symbotic Inc were trading at $28.7 on the day of the sale. The company has a market cap of approximately $2.85 billion. This valuation reflects various financial metrics such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow.
The insider's transaction history and the company's valuation can be further explored through the GF Value metric, which provides a deeper insight into the stock's fair value considering historical multiples, adjusted for growth and other factors.
This insider sale might interest investors tracking insider behaviors as an indicator of company performance and future stock movements. The ongoing selling trend among insiders at Symbotic Inc could be a point of analysis for potential investors.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
