Why Is Symbotic (SYM) Stock Trending Overnight?

**Symbotic Inc.** (NASDAQ: SYM) shares are

## Analyst Action

**Goldman Sachs** (NYSE: GS) analyst **Mark Delaney** downgraded SYM to sell from neutral on Tuesday, setting a price target of $47.

Delaney has a 77% accuracy rating.

## Insider Transaction Filing

Securities and Exchange Commission (SEC) filings show Chief Technology Officer **James Kuffner** sold 8,348 shares last week at $81.30 to cover tax withholding obligations from vesting restricted stock units.

The shares were worth approximately $678,692.

After the sale, Kuffner held 30,640 shares.

## Stock Performance

The Massachusetts-based company's stock has climbed 170.94% year to date and 128.19% over the past six months.

SYM shares have a market capitalization of $39.60 billion, with a 52-week high of $87.88 and a 52-week low of $16.32.

**Price Action:** The stock closed on Tuesday at $66.95, down 21.51%, according to Benzinga Pro data.

<p><strong>Symbotic Inc.</strong> <a class="ticker-link" data-ticker="SYM" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/SYM" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SYM">SYM</a>)</a> shares are trending on Wednesday.</p>



<p><em>Check out the current price of <a href="https://www.benzinga.com/quote/SYM">SYM stock here</a>.</em></p>



<p>Shares of the automation technology company rose 0.82% in after-hours trading on Tuesday to $67.50.</p>



<h2 class="wp-block-heading">Analyst Action</h2>



<p><strong>Goldman Sachs</strong> <a href="https://www.benzinga.com/quote/GS" target="_blank" class="ticker-link" data-ticker="GS" data-exchange="NYSE" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GS">GS</a>)</a> analyst <strong>Mark Delaney</strong> downgraded SYM to sell from neutral on Tuesday, setting a price target of $47. </p>



<p>Delaney has a 77% <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58459501ee7bf6000154d06a/mark-delaney">accuracy rating</a>.</p>



<h2 class="wp-block-heading">Insider Transaction Filing</h2>



<p>Securities and Exchange Commission (SEC) filings show Chief Technology Officer <strong>James Kuffner</strong> sold 8,348 shares last week at $81.30 to cover tax withholding obligations from vesting restricted stock units.</p>



<p>The shares were worth approximately $678,692.</p>



<p>After the sale, Kuffner held 30,640 shares.</p>



<p><strong>See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/12/49175001/microchip-technology-shares-move-higher-after-hours-heres-why">Microchip Technology Shares Move Higher After Hours: Here&#8217;s Why</a></strong></p>



<p>Director <strong>Merline Saintil</strong> also sold 9,000 shares last week, worth about $762,458, under a Rule 10b5-1 trading plan established in August, which allows insiders to sell shares through pre-arranged instructions to avoid insider trading concerns. </p>



<p>The sales included 1,462 shares at $83.60, 3,738 shares at $84.57, and 3,800 shares at $85.29.</p>



<p>Following the sales, Saintil held 68,413 shares.</p>



<h2 class="wp-block-heading">Stock Performance</h2>



<p>The Massachusetts-based company's stock has climbed 170.94% year to date and 128.19% over the past six months.</p>



<p>SYM shares have a market capitalization of $39.60 billion, with a 52-week high of $87.88 and a 52-week low of $16.32.</p>



<p><strong>Price Action: </strong>The stock closed on Tuesday at $66.95, down 21.51%, according to <a href="https://www.benzinga.com/quote/SYM">Benzinga Pro</a> data.</p>



<p>With a strong Momentum in the 97th percentile, <strong>Benzinga&#8217;s Edge Stock Rankings</strong> indicate that SYM has a positive price trend across all time frames. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Know how</a> its momentum lines up with other well-known names.</p>



<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="433" height="272" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/12/02222933/image-35.png" alt="" class="wp-image-1194158" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/12/02222933/image-35.png 433w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/12/02222933/image-35-300x188.png 300w" sizes="(max-width: 433px) 100vw, 433px" /></a></figure>



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<p><em>Photo Courtesy: BEST-BACKGROUNDS on Shutterstock.com</em></p>



<p><strong>Disclaimer:</strong> This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</p>