Anderson Hoagland & Co. Holds Position in iRobot Corporation (NASDAQ:IRBT)

Anderson Hoagland & Co. maintained its position in iRobot Corporation (NASDAQ:IRBT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,580 shares of the industrial products company’s stock at the end of the second quarter. Anderson Hoagland & Co. owned 0.06% of iRobot Corporation worth $1,479,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IRBT. State Street Corp boosted its position in iRobot Corporation by 6.2% in the fourth quarter. State Street Corp now owns 589,677 shares of the industrial products company’s stock valued at $34,463,000 after buying an additional 34,477 shares during the period. FMR LLC boosted its stake in shares of iRobot Corporation by 8.7% in the fourth quarter. FMR LLC now owns 739,174 shares of the industrial products company’s stock valued at $43,205,000 after buying an additional 59,000 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of iRobot Corporation by 35.2% in the fourth quarter. AQR Capital Management LLC now owns 13,728 shares of the industrial products company’s stock valued at $802,000 after buying an additional 3,572 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of iRobot Corporation by 5.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 14,700 shares of the industrial products company’s stock valued at $859,000 after buying an additional 820 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in shares of iRobot Corporation by 3.6% in the fourth quarter. Teachers Advisors LLC now owns 44,233 shares of the industrial products company’s stock valued at $2,585,000 after buying an additional 1,520 shares during the last quarter. Institutional investors and hedge funds own 86.04% of the company’s stock.

iRobot Corporation (IRBT) traded up 0.898% during trading on Tuesday, hitting $106.114. The stock had a trading volume of 116,158 shares. The company has a market cap of $2.92 billion, a PE ratio of 52.042 and a beta of 1.18. The stock has a 50-day moving average price of $92.61 and a 200-day moving average price of $76.38. iRobot Corporation has a 52 week low of $37.82 and a 52 week high of $109.78.

iRobot Corporation (NASDAQ:IRBT) last announced its quarterly earnings results on Tuesday, July 25th. The industrial products company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.55. The firm had revenue of $183.14 million during the quarter, compared to analysts’ expectations of $174.65 million. iRobot Corporation had a net margin of 7.84% and a return on equity of 14.05%. The company’s revenue for the quarter was up 23.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.17 earnings per share. Equities analysts predict that iRobot Corporation will post $2.00 EPS for the current year.

ILLEGAL ACTIVITY WARNING: “Anderson Hoagland & Co. Holds Position in iRobot Corporation (NASDAQ:IRBT)” was originally posted by Markets Daily and is the sole property of of Markets Daily. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The original version of this piece of content can be read at https://www.themarketsdaily.com/2017/08/08/anderson-hoagland-co-continues-to-hold-stake-in-irobot-corporation-nasdaqirbt-updated-updated.html.

Several brokerages have issued reports on IRBT. Zacks Investment Research cut iRobot Corporation from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 31st. Canaccord Genuity upped their price objective on iRobot Corporation from $90.00 to $95.00 and gave the company a “hold” rating in a research note on Thursday, July 27th. BidaskClub upgraded iRobot Corporation from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Piper Jaffray Companies upped their price objective on iRobot Corporation to $92.00 and gave the company a “neutral” rating in a research note on Wednesday, July 26th. They noted that the move was a valuation call. Finally, Dougherty & Co cut iRobot Corporation from a “buy” rating to a “neutral” rating in a research note on Monday, July 3rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $73.63.

In other news, Director Ronald Chwang sold 3,243 shares of iRobot Corporation stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $106.32, for a total value of $344,795.76. Following the completion of the transaction, the director now owns 22,630 shares in the company, valued at $2,406,021.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Glen Daniel Weinstein sold 10,462 shares of iRobot Corporation stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $98.61, for a total transaction of $1,031,657.82. Following the completion of the transaction, the executive vice president now owns 75,308 shares of the company’s stock, valued at approximately $7,426,121.88. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 147,721 shares of company stock valued at $14,483,004. Corporate insiders own 4.49% of the company’s stock.

iRobot Corporation Company Profile

iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The Company’s portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. The Company sells various products that are designed for use at home.

Institutional Ownership by Quarter for iRobot Corporation (NASDAQ:IRBT)

Receive News & Ratings for iRobot Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iRobot Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply