Symbotic CSO William Boyd III sells over $377,000 of shares By Investing.com

William M. Boyd III, Chief Strategy Officer at Symbotic Inc. (), disposed of 9,194 shares of the company’s Class A common stock on July 27, 2026, for a total value of approximately $377,360. The sale comes as Symbotic’s stock trades at $41.49, down roughly 53% from its 52-week high of $87.88, though InvestingPro analysis suggests the stock remains undervalued at current levels.

The sales were executed in multiple transactions under a Rule 10b5-1 trading plan, which was established by Mr. Boyd on August 19, 2025. Specifically, 5,700 shares were sold at prices ranging from $40.15 to $41.14, and an additional 3,494 shares were sold at prices between $41.21 and $41.66.

Prior to these sales, on July 23, 2026, Mr. Boyd acquired a total of 9,194 shares of Class A common stock through the conversion of restricted stock units (RSUs). These conversions occurred at a price of $0 per share, as RSUs convert into Class A common stock on a one-for-one basis. The acquired shares included 2,909 units from a grant made on January 23, 2024, and 6,285 units from a grant made on January 23, 2025, both vesting according to their respective schedules.

Following these reported transactions, Mr. Boyd directly holds 57,112 shares of Symbotic Class A common stock and 43,529 restricted stock units. For deeper insights into Symbotic’s valuation and performance, InvestingPro offers 14 additional ProTips and a comprehensive Pro Research Report covering this $25 billion automation company.

In other recent news, Symbotic Inc. reported its financial results for the second quarter of fiscal year 2026. The company experienced a mixed performance, missing earnings per share expectations with an actual EPS of $0.01 compared to the anticipated $0.12. However, Symbotic’s revenue surpassed forecasts, reaching $676 million against the expected $662.66 million. In addition to its earnings report, Symbotic announced the acquisition of ARMS, a coordination software provider, which expands its technology portfolio. Oppenheimer reiterated an Outperform rating on Symbotic, maintaining a price target of $84.00 following this acquisition. The firm noted that the ARMS deal enhances Symbotic’s automation offerings. Meanwhile, insider selling activity was reported, with Director Todd Krasnow selling over 26,000 shares of Class A Common Stock. These developments reflect a period of significant activity for Symbotic Inc.

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