Two Sigma Investments LP Increases Position in iRobot Co. (NASDAQ:IRBT)

Two Sigma Investments LP raised its position in iRobot Co. (NASDAQ:IRBT - Free Report) by 32.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 655,881 shares of the industrial products company's stock after acquiring an additional 160,343 shares during the quarter. Two Sigma Investments LP owned approximately 2.15% of iRobot worth $5,083,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IRBT. SG Americas Securities LLC acquired a new position in shares of iRobot during the fourth quarter worth about $97,000. Private Advisor Group LLC grew its holdings in iRobot by 50.8% during the 4th quarter. Private Advisor Group LLC now owns 110,955 shares of the industrial products company's stock worth $860,000 after acquiring an additional 37,358 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of iRobot in the 4th quarter valued at approximately $59,000. Amundi purchased a new stake in shares of iRobot in the 4th quarter valued at approximately $166,000. Finally, Marathon Trading Investment Management LLC raised its holdings in shares of iRobot by 112.8% in the 4th quarter. Marathon Trading Investment Management LLC now owns 28,747 shares of the industrial products company's stock valued at $223,000 after purchasing an additional 15,241 shares in the last quarter. 77.42% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on IRBT shares. Needham & Company LLC reiterated a "hold" rating on shares of iRobot in a research note on Thursday, March 13th. Wall Street Zen lowered iRobot from a "hold" rating to a "sell" rating in a research report on Saturday, March 29th.

iRobot Stock Down 6.8%

Shares of iRobot stock traded down $0.22 during trading hours on Friday, hitting $3.03. The company had a trading volume of 2,467,456 shares, compared to its average volume of 1,644,654. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.45 and a quick ratio of 0.94. The company's 50-day moving average is $2.51 and its two-hundred day moving average is $5.89. The company has a market cap of $94.25 million, a P/E ratio of -0.66 and a beta of 0.80. iRobot Co. has a twelve month low of $1.76 and a twelve month high of $13.45.

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.