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Recent Insider Activity Suggests Potential Gains for Symbotic Inc (SYM)

Symbotic Inc’s recent filing unveils that its Officer Todd Krasnow acquired Company’s shares for reported $1.11 million on May 12 ’25. In the deal valued at $24.75 per share,45,000 shares were bought.

Then, MIRIAM ORT bought 9,074 shares, generating $220,065 in total proceeds.

Before that, Hibbard Carol J. sold 4,628 shares. Symbotic Inc shares valued at $104,665 were divested by the Chief Financial Officer at a price of $22.62 per share. As a result of the transaction, Hibbard Carol J. now holds 54,011 shares, worth roughly $1.44 million.

Raymond James downgraded its Symbotic Inc [SYM] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid January with a ‘”an Outperform”‘ rating. DA Davidson revised its rating on January 08, 2025. It rated SYM as “a Buy” which previously was an “a Neutral”.

Price Performance Review of SYM

On Tuesday, Symbotic Inc [NASDAQ:SYM] saw its stock jump 2.69% to $26.70. Over the last five days, the stock has gained 16.34%. Symbotic Inc shares have risen nearly 12.61% since the year began. Nevertheless, the stocks have fallen -40.34% over the past one year. While a 52-week high of $47.42 was reached on 01/21/25, a 52-week low of $16.32 was recorded on 04/04/25. SMA at 50 days reached $21.59, while 200 days put it at $25.26.

Levels Of Support And Resistance For SYM Stock

The 24-hour chart illustrates a support level at 26.17, which if violated will result in even more drops to 25.63. On the upside, there is a resistance level at 27.32. A further resistance level may holdings at 27.93. The Relative Strength Index (RSI) on the 14-day chart is 71.52, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.14%. Stochastics %K at 88.87% indicates the stock is a selling.

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