Two Sigma Investments LP grew its holdings in iRobot Co. (NASDAQ:IRBT - Free Report) by 32.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 655,881 shares of the industrial products company's stock after acquiring an additional 160,343 shares during the period. Two Sigma Investments LP owned 2.15% of iRobot worth $5,083,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new position in iRobot in the fourth quarter worth approximately $59,000. SG Americas Securities LLC bought a new position in iRobot in the fourth quarter worth approximately $97,000. Quarry LP raised its position in shares of iRobot by 2,040.4% during the 4th quarter. Quarry LP now owns 13,934 shares of the industrial products company's stock valued at $108,000 after purchasing an additional 13,283 shares during the period. Intech Investment Management LLC bought a new stake in shares of iRobot during the 4th quarter valued at $108,000. Finally, Sherbrooke Park Advisers LLC bought a new stake in shares of iRobot during the 4th quarter valued at $118,000. 77.42% of the stock is currently owned by institutional investors.
iRobot Price Performance
Shares of IRBT stock traded down $0.22 on Friday, hitting $3.03. 2,467,456 shares of the stock traded hands, compared to its average volume of 1,645,601. The firm has a market cap of $94.25 million, a price-to-earnings ratio of -0.66 and a beta of 0.80. iRobot Co. has a 52 week low of $1.76 and a 52 week high of $13.45. The firm has a 50 day simple moving average of $2.51 and a two-hundred day simple moving average of $5.90. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.45 and a quick ratio of 0.94.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on IRBT shares. Needham & Company LLC restated a "hold" rating on shares of iRobot in a research report on Thursday, March 13th. Wall Street Zen downgraded shares of iRobot from a "hold" rating to a "sell" rating in a research report on Saturday, March 29th.
Read Our Latest Report on IRBT
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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