iRobot Corp. (NASDAQ:IRBT) shares hit a new 52-week high during trading on Friday . The company traded as high as $39.53 and last traded at $39.51, with a volume of 181,568 shares trading hands. The stock had previously closed at $38.39.

Separately, JPMorgan Chase & Co. raised shares of iRobot Corp. from an “underweight” rating to a “neutral” rating in a research report on Wednesday, June 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $37.38.

The firm has a market capitalization of $1.08 billion and a PE ratio of 28.53. The stock’s 50 day moving average price is $36.38 and its 200-day moving average price is $35.21.

iRobot Corp. (NASDAQ:IRBT) last released its quarterly earnings data on Tuesday, July 26th. The company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.07. During the same quarter in the previous year, the company posted $0.24 EPS. The business had revenue of $148.70 million for the quarter, compared to analyst estimates of $148.10 million. The business’s quarterly revenue was down .1% on a year-over-year basis. On average, analysts expect that iRobot Corp. will post $1.33 earnings per share for the current fiscal year.

In other iRobot Corp. news, Director Ronald Chwang sold 71,955 shares of the company’s stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $38.44, for a total transaction of $2,765,950.20. Following the transaction, the director now owns 24,993 shares in the company, valued at $960,730.92. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Andrea Geisser sold 8,353 shares of the company’s stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $38.32, for a total transaction of $320,086.96. Following the transaction, the director now owns 54,546 shares in the company, valued at approximately $2,090,202.72. The disclosure for this sale can be found here.

Several hedge funds have recently made changes to their positions in IRBT. Employees Retirement System of Texas purchased a new stake in shares of iRobot Corp. during the fourth quarter valued at approximately $1,097,000. First Trust Advisors LP increased its stake in shares of iRobot Corp. by 100.8% in the fourth quarter. First Trust Advisors LP now owns 39,861 shares of the company’s stock valued at $1,411,000 after buying an additional 20,010 shares in the last quarter. Rhumbline Advisers increased its stake in shares of iRobot Corp. by 2.9% in the fourth quarter. Rhumbline Advisers now owns 46,818 shares of the company’s stock valued at $1,657,000 after buying an additional 1,325 shares in the last quarter. California State Teachers Retirement System increased its stake in shares of iRobot Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 55,073 shares of the company’s stock valued at $1,950,000 after buying an additional 886 shares in the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of iRobot Corp. by 53.2% in the fourth quarter. California Public Employees Retirement System now owns 57,900 shares of the company’s stock valued at $2,050,000 after buying an additional 20,100 shares in the last quarter.

iRobot Corporation is engaged in designing and building robots. The Company sells its products through sales channels to the consumer, defense and security, telemedicine and video collaboration markets. It operates through two segments: the home robots business, and the defense and security robots business.

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