24,536 Shares in iRobot Co. (NASDAQ:IRBT) Purchased by Quantbot Technologies LP

Quantbot Technologies LP acquired a new position in shares of iRobot Co. (NASDAQ:IRBT) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 24,536 shares of the industrial products company’s stock, valued at approximately $213,000.

Other institutional investors have also recently made changes to their positions in the company. Squarepoint Ops LLC boosted its holdings in iRobot by 131.1% in the 2nd quarter. Squarepoint Ops LLC now owns 79,925 shares of the industrial products company’s stock valued at $728,000 after purchasing an additional 337,057 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of iRobot by 185.4% during the 2nd quarter. AQR Capital Management LLC now owns 196,431 shares of the industrial products company’s stock worth $1,789,000 after purchasing an additional 127,602 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of iRobot during the 2nd quarter worth about $529,000. Private Advisor Group LLC raised its holdings in iRobot by 234.2% in the 3rd quarter. Private Advisor Group LLC now owns 73,597 shares of the industrial products company’s stock valued at $640,000 after buying an additional 51,575 shares during the period. Finally, Ironwood Investment Management LLC acquired a new position in iRobot in the second quarter valued at about $461,000. 77.42% of the stock is owned by institutional investors and hedge funds.

iRobot Trading Up 1.7 %

Shares of iRobot stock opened at $8.59 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.94 and a debt-to-equity ratio of 1.24. The company has a fifty day simple moving average of $7.92 and a 200-day simple moving average of $8.58. The stock has a market cap of $262.51 million, a price-to-earnings ratio of -1.84 and a beta of 0.83. iRobot Co. has a 12-month low of $5.83 and a 12-month high of $39.99.

iRobot (NASDAQ:IRBT) last announced its earnings results on Wednesday, November 6th. The industrial products company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. The firm had revenue of $193.40 million during the quarter, compared to analysts’ expectations of $218.41 million. iRobot had a negative return on equity of 100.79% and a negative net margin of 16.15%. The business’s revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($3.09) EPS. On average, equities analysts forecast that iRobot Co. will post -5.74 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on IRBT. Needham & Company LLC restated a “hold” rating on shares of iRobot in a report on Thursday, November 7th. StockNews.com downgraded shares of iRobot from a “hold” rating to a “sell” rating in a research note on Sunday, October 27th.

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.