Symbotic Inc’s recent filing unveils that its Director KRASNOW TODD unloaded Company’s shares for reported $48084.0 on Jan 02 ’25. In the deal valued at $24.04 per share,2,000 shares were sold. As a result of this transaction, KRASNOW TODD now holds 0 shares worth roughly $0.0.
Then, Dunn Michael David sold 5,365 shares, generating $131,963 in total proceeds. Upon selling the shares at $24.60, the insider now owns 31,860 shares.
Before that, MICHAEL D DUNN bought 5,365 shares. Symbotic Inc shares valued at $131,963 were divested by the Officer at a price of $24.60 per share.
KeyBanc Capital Markets downgraded its Symbotic Inc [SYM] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including DA Davidson’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Neutral”. Craig Hallum also remained covering SYM and has decreased its forecast on November 27, 2024 with a “Hold” recommendation from previously “Buy” rating. Vertical Research started covering the stock on July 23, 2024. It rated SYM as “a Hold”.
Price Performance Review of SYM
On Tuesday, Symbotic Inc [NASDAQ:SYM] saw its stock fall -4.16% to $25.59. Over the last five days, the stock has gained 5.05%. Symbotic Inc shares have risen nearly 7.93% since the year began. Nevertheless, the stocks have fallen -41.02% over the past one year. While a 52-week high of $52.20 was reached on 01/07/25, a 52-week low of $17.11 was recorded on 01/02/25. SMA at 50 days reached $28.73, while 200 days put it at $32.21.
Levels Of Support And Resistance For SYM Stock
The 24-hour chart illustrates a support level at 24.52, which if violated will result in even more drops to 23.44. On the upside, there is a resistance level at 27.61. A further resistance level may holdings at 29.62. The Relative Strength Index (RSI) on the 14-day chart is 47.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 48.48%. Stochastics %K at 63.31% indicates the stock is a holding.
How much short interest is there in Symbotic Inc?
A steep rise in short interest was recorded in Symbotic Inc stocks on 2024-10-31, dropping by -1.71 million shares to a total of 13.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 15.29 million shares. There was a decline of -12.55%, which implies that there is a negative sentiment for the stock.
