Symbotic VP, controller Maria Freve sells $90,394 of stock By Investing.com

Maria G. Freve, VP, Controller and Chief Accounting Officer at Symbotic Inc. (), sold 2,244 shares of the company’s Class A common stock on July 24, 2026, for a total value of $90,394. The shares were sold at prices ranging from $40.22 to $40.38, with an average price of $40.2826 per share. The transaction comes as the stock trades near its 52-week low of $38.19, down roughly 31% year-to-date amid broader market volatility.

This transaction represented shares required to be sold by Ms. Freve to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by Symbotic’s equity incentive plans to satisfy tax withholding through a “sell to cover” transaction and were not discretionary trades by Ms. Freve.

Prior to the sale, on July 23, 2026, Ms. Freve acquired a total of 4,601 shares of Class A common stock through the vesting of restricted stock units. These included 1,144 shares from a grant made on April 23, 2024, and 3,457 shares from a grant made on January 23, 2025. Each restricted stock unit represents a contingent right to receive one share of the company’s Class A common stock.

Following these transactions, Ms. Freve directly holds 3,096 shares of Symbotic Inc. Class A common stock. This figure includes 200 shares acquired on February 27, 2026, under the Symbotic Inc. 2022 Employee Stock Purchase Plan. Despite recent price weakness, InvestingPro analysis suggests the $25 billion warehouse automation company remains undervalued, appearing on the platform’s Most Undervalued list. For deeper insights into Symbotic’s valuation and comprehensive analysis, investors can access the full Pro Research Report available exclusively on InvestingPro.

In other recent news, Symbotic Inc. reported its financial results for the second quarter of fiscal year 2026, showing mixed outcomes. The company missed earnings per share expectations, posting an EPS of $0.01 compared to the anticipated $0.12, marking a 91.67% negative surprise. However, Symbotic’s revenue surpassed projections, achieving $676 million against the expected $662.66 million, a 2.09% positive surprise. In addition to the earnings report, Symbotic made headlines with its acquisition of ARMS, a coordination software provider. This acquisition aims to enhance Symbotic’s technology portfolio, expanding beyond its existing automation solutions. Oppenheimer reiterated an Outperform rating on Symbotic, maintaining a price target of $84.00 following the ARMS deal. The company also faced insider selling activity, with Director Todd Krasnow selling shares, which contributed to a decline in stock value. These developments have drawn significant attention from investors and analysts alike.

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