XTX Topco Ltd lowered its stake in iRobot Co. (NASDAQ:IRBT – Free Report) by 74.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,151 shares of the industrial products company’s stock after selling 28,933 shares during the quarter. XTX Topco Ltd’s holdings in iRobot were worth $92,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. State Board of Administration of Florida Retirement System boosted its holdings in shares of iRobot by 14.4% in the first quarter. State Board of Administration of Florida Retirement System now owns 9,000 shares of the industrial products company’s stock valued at $79,000 after acquiring an additional 1,130 shares in the last quarter. CWM LLC raised its holdings in iRobot by 474.6% during the second quarter. CWM LLC now owns 2,758 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 2,278 shares in the last quarter. Swiss National Bank lifted its position in iRobot by 6.0% in the first quarter. Swiss National Bank now owns 55,000 shares of the industrial products company’s stock worth $482,000 after purchasing an additional 3,100 shares during the period. Bank of New York Mellon Corp boosted its stake in iRobot by 2.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 163,670 shares of the industrial products company’s stock valued at $1,491,000 after purchasing an additional 3,956 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its position in shares of iRobot by 1,167.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,653 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 4,286 shares during the period. Institutional investors own 77.42% of the company’s stock.
iRobot Trading Down 6.4 %
iRobot stock opened at $8.13 on Wednesday. The firm has a market cap of $233.79 million, a price-to-earnings ratio of -1.05 and a beta of 0.84. iRobot Co. has a 1 year low of $5.83 and a 1 year high of $42.14. The firm’s 50 day moving average price is $8.26 and its two-hundred day moving average price is $8.90. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.53.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the company. Needham & Company LLC restated a “hold” rating on shares of iRobot in a report on Thursday, August 8th. StockNews.com downgraded shares of iRobot from a “hold” rating to a “sell” rating in a report on Tuesday, September 24th.
Get Our Latest Stock Analysis on iRobot
iRobot Company Profile
iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services.
See Also
- Five stocks we like better than iRobot
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- Why Lennar Stock Could Be the Best Play in the Housing Market
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- 2 Energy Stocks Fueling the AI Datacenter Boom
- How to Plot Fibonacci Price Inflection Levels
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Want to see what other hedge funds are holding IRBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iRobot Co. (NASDAQ:IRBT – Free Report).
Receive News & Ratings for iRobot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iRobot and related companies with MarketBeat.com's FREE daily email newsletter.