iRobot Co. (NASDAQ:IRBT) Shares Purchased by Larson Financial Group LLC

Larson Financial Group LLC increased its position in shares of iRobot Co. (NASDAQ:IRBT) by 11,822.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,173 shares of the industrial products company’s stock after acquiring an additional 4,138 shares during the period. Larson Financial Group LLC’s holdings in iRobot were worth $161,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in iRobot by 0.7% during the third quarter. Vanguard Group Inc. now owns 2,952,921 shares of the industrial products company’s stock worth $111,916,000 after acquiring an additional 19,910 shares during the period. Alpine Associates Management Inc. grew its holdings in iRobot by 0.6% during the third quarter. Alpine Associates Management Inc. now owns 962,339 shares of the industrial products company’s stock worth $36,473,000 after acquiring an additional 5,400 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in iRobot by 10.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 452,020 shares of the industrial products company’s stock worth $17,132,000 after acquiring an additional 40,943 shares during the period. Segantii Capital Management Ltd acquired a new position in iRobot during the third quarter worth about $17,055,000. Finally, One Fin Capital Management LP increased its stake in iRobot by 21.9% in the 3rd quarter. One Fin Capital Management LP now owns 362,000 shares of the industrial products company’s stock worth $13,720,000 after purchasing an additional 65,000 shares in the last quarter. 77.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on IRBT. Citigroup dropped their price target on iRobot from $14.00 to $13.00 and set a “neutral” rating on the stock in a research note on Monday, March 4th. StockNews.com raised iRobot from a “sell” rating to a “hold” rating in a research note on Friday, January 12th.

iRobot Trading Down 0.7 %

Shares of NASDAQ IRBT opened at $6.84 on Thursday. iRobot Co. has a one year low of $6.60 and a one year high of $51.49. The firm has a market capitalization of $194.53 million, a PE ratio of -0.62 and a beta of 0.91. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 1.03. The business has a 50-day moving average price of $9.61 and a two-hundred day moving average price of $23.49.

iRobot (NASDAQ:IRBT) last announced its quarterly earnings data on Monday, February 26th. The industrial products company reported ($2.18) EPS for the quarter. iRobot had a negative return on equity of 84.78% and a negative net margin of 34.22%. The business had revenue of $307.54 million for the quarter. As a group, analysts predict that iRobot Co. will post -4.95 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Colin M. Angle sold 179,503 shares of iRobot stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $11.46, for a total transaction of $2,057,104.38. Following the completion of the sale, the director now directly owns 14,797 shares in the company, valued at approximately $169,573.62. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.86% of the stock is owned by corporate insiders.

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.