iRobot Co. (NASDAQ:IRBT) Shares Bought by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. lifted its stake in shares of iRobot Co. (NASDAQ:IRBTFree Report) by 28.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,595 shares of the industrial products company’s stock after acquiring an additional 3,448 shares during the period. Harbor Capital Advisors Inc. owned 0.05% of iRobot worth $121,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. nVerses Capital LLC purchased a new position in shares of iRobot during the 3rd quarter worth about $39,000. Daiwa Securities Group Inc. purchased a new position in iRobot during the second quarter worth approximately $61,000. Sunbelt Securities Inc. boosted its holdings in shares of iRobot by 72.6% in the 2nd quarter. Sunbelt Securities Inc. now owns 7,550 shares of the industrial products company’s stock valued at $69,000 after purchasing an additional 3,175 shares during the last quarter. Olympiad Research LP acquired a new stake in shares of iRobot during the 3rd quarter worth $89,000. Finally, Quest Partners LLC raised its position in shares of iRobot by 39.8% in the 3rd quarter. Quest Partners LLC now owns 11,546 shares of the industrial products company’s stock worth $100,000 after buying an additional 3,285 shares during the period. Hedge funds and other institutional investors own 77.42% of the company’s stock.

iRobot Price Performance

Shares of NASDAQ IRBT opened at $8.30 on Thursday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.45 and a quick ratio of 0.94. iRobot Co. has a 1-year low of $5.83 and a 1-year high of $32.00. The company has a market capitalization of $253.64 million, a price-to-earnings ratio of -1.80 and a beta of 0.80. The business has a 50-day moving average of $8.11 and a 200-day moving average of $8.43.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. StockNews.com downgraded iRobot from a “hold” rating to a “sell” rating in a research report on Sunday, October 27th. Needham & Company LLC reissued a “hold” rating on shares of iRobot in a research report on Thursday, November 7th.

View Our Latest Report on IRBT

iRobot 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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