SVF Sponsor III (DE) LLC, an entity linked to SoftBank Group, sold a major block of Symbotic Inc. (NASDAQ:SYM) shares. The transaction occurred on May 27, 2026.
The entity disposed of 5,590,000 shares at $50.415 each, totaling roughly $281.8 million. After the sale, SVF Sponsor III holds no Symbotic shares.
SVF Sponsor III and SB Investment Advisers were former 10% owners of Symbotic, with shares ultimately owned by SoftBank.
Symbotic recently reported mixed Q2 results: EPS of $0.01 (vs. expected $0.12) and revenue of $676 million (vs. $662.66 million). Director Todd Krasnow also sold shares.
