iRobot Corp. (NASDAQ:IRBT) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $40.48 and last traded at $40.33, with a volume of 81,209 shares. The stock had previously closed at $40.08.

A number of research analysts have recently issued reports on IRBT shares. JPMorgan Chase & Co. reiterated a “sell” rating and set a $30.00 price target (up from $28.00) on shares of iRobot Corp. in a research note on Wednesday, April 27th. Canaccord Genuity reissued a “buy” rating and set a $45.00 price objective on shares of iRobot Corp. in a report on Wednesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $38.00.

The company’s 50 day moving average price is $36.89 and its 200 day moving average price is $35.51. The company has a market cap of $1.09 billion and a PE ratio of 28.97.

iRobot Corp. (NASDAQ:IRBT) last issued its earnings results on Tuesday, July 26th. The company reported $0.17 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.07. The company earned $148.70 million during the quarter, compared to analyst estimates of $148.10 million. The business’s revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.24 earnings per share. On average, equities analysts forecast that iRobot Corp. will post $1.33 earnings per share for the current year.

In other iRobot Corp. news, Director Andrea Geisser sold 8,353 shares of iRobot Corp. stock in a transaction that occurred on Tuesday, May 31st. The stock was sold at an average price of $38.32, for a total value of $320,086.96. Following the completion of the transaction, the director now directly owns 54,546 shares in the company, valued at $2,090,202.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ronald Chwang sold 10,000 shares of iRobot Corp. stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of $40.11, for a total value of $401,100.00. Following the completion of the transaction, the director now owns 27,916 shares of the company’s stock, valued at $1,119,710.76. The disclosure for this sale can be found here.

Other institutional investors recently modified their holdings of the company. Rhumbline Advisers increased its position in shares of iRobot Corp. by 2.9% in the fourth quarter. Rhumbline Advisers now owns 46,818 shares of the company’s stock worth $1,657,000 after buying an additional 1,325 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of iRobot Corp. by 1.8% in the fourth quarter. Principal Financial Group Inc. now owns 191,338 shares of the company’s stock valued at $6,773,000 after buying an additional 3,431 shares in the last quarter. Royce & Associates LLC increased its position in shares of iRobot Corp. by 27.7% in the fourth quarter. Royce & Associates LLC now owns 212,000 shares of the company’s stock valued at $7,505,000 after buying an additional 46,000 shares in the last quarter. Employees Retirement System of Texas acquired a new position in shares of iRobot Corp. during the fourth quarter valued at about $1,097,000. Finally, Morgan Stanley increased its position in shares of iRobot Corp. by 17.4% in the fourth quarter. Morgan Stanley now owns 331,698 shares of the company’s stock valued at $11,741,000 after buying an additional 49,185 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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