After this evening's 2.8% surge to $55.32 per share, Symbotic might just keep moving past its target price of $55.85. With an average analyst rating of buy, and target prices from $40.0 to $70.0, the stock's next move is anyone's guess.
The stock has None at 20.3%, and a short ratio of 7.48. The company's insiders own 28.24% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that None are invested in the stock, with 61.2% of Symbotic's shares being owned by this investor type.
Institutions Invested in Symbotic
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Softbank Group Corporation | 27% | 22,000,000 | $1,217,039,993 |
| 2022-12-31 | SB Global Advisers Ltd | 24% | 20,000,000 | $1,106,399,993 |
| 2023-09-30 | Svf Sponsor III (de) LLC | 11% | 9,090,000 | $502,858,797 |
| 2023-09-30 | Vanguard Group Inc | 2% | 2,040,335 | $112,871,331 |
| 2023-09-30 | Voloridge Investment Management, LLC | 1% | 741,401 | $41,014,303 |
| 2023-09-30 | Mirae Asset Global Investments Co., Ltd. | 1% | 689,232 | $38,128,314 |
| 2023-09-30 | FMR, LLC | 1% | 586,162 | $32,426,481 |
| 2023-09-30 | Raymond James & Associates, Inc. | 1% | 502,488 | $27,797,636 |
| 2023-09-30 | Two Sigma Investments, LP | 0% | 370,105 | $20,474,208 |
| 2023-09-30 | 1832 Asset Management L.P. | 0% | 364,500 | $20,164,139 |
Besides None, other market factors point to there being None on Symbotic.
