iRobot Co. (NASDAQ:IRBT) Shares Sold by Algert Global LLC

Algert Global LLC reduced its holdings in shares of iRobot Co. (NASDAQ:IRBTFree Report) by 15.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,748 shares of the industrial products company’s stock after selling 1,610 shares during the quarter. Algert Global LLC’s holdings in iRobot were worth $332,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Coppell Advisory Solutions LLC acquired a new position in shares of iRobot during the 2nd quarter worth about $26,000. Coppell Advisory Solutions Corp. acquired a new stake in shares of iRobot in the 4th quarter valued at about $28,000. Money Concepts Capital Corp boosted its position in shares of iRobot by 3,472.2% in the 4th quarter. Money Concepts Capital Corp now owns 643 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 625 shares during the period. ST Germain D J Co. Inc. acquired a new stake in shares of iRobot in the 2nd quarter valued at about $32,000. Finally, Headlands Technologies LLC acquired a new stake in shares of iRobot in the 2nd quarter valued at about $49,000. 86.44% of the stock is owned by institutional investors and hedge funds.

iRobot Stock Down 1.8 %

IRBT opened at $11.20 on Friday. The business has a 50 day moving average price of $21.65 and a two-hundred day moving average price of $31.03. The company has a quick ratio of 0.96, a current ratio of 1.62 and a debt-to-equity ratio of 1.03. iRobot Co. has a 52 week low of $10.00 and a 52 week high of $51.49.

Analysts Set New Price Targets

Separately, StockNews.com raised iRobot from a “sell” rating to a “hold” rating in a research report on Friday, January 12th.

Read Our Latest Report on iRobot

Insider Buying and Selling at iRobot

In other iRobot news, Director Colin M. Angle sold 179,503 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $169,573.62. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.86% of the stock is owned by company insiders.

iRobot Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iRobot (NASDAQ:IRBT)

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