iRobot Co. (NASDAQ:IRBT) Stock Holdings Cut by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its position in shares of iRobot Co. (NASDAQ:IRBT) by 17.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 363,199 shares of the industrial products company’s stock after selling 76,368 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.19% of iRobot worth $2,815,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of IRBT. Geode Capital Management LLC grew its holdings in iRobot by 2.9% during the third quarter. Geode Capital Management LLC now owns 676,472 shares of the industrial products company’s stock worth $5,880,000 after acquiring an additional 19,233 shares during the period. Barclays PLC boosted its position in shares of iRobot by 250.1% during the 3rd quarter. Barclays PLC now owns 37,369 shares of the industrial products company’s stock valued at $325,000 after purchasing an additional 26,694 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of iRobot in the 4th quarter worth approximately $59,000. Private Advisor Group LLC raised its holdings in shares of iRobot by 50.8% in the 4th quarter. Private Advisor Group LLC now owns 110,955 shares of the industrial products company’s stock worth $860,000 after purchasing an additional 37,358 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in iRobot by 2,712.4% during the third quarter. JPMorgan Chase & Co. now owns 400,427 shares of the industrial products company’s stock valued at $3,480,000 after purchasing an additional 386,189 shares during the last quarter. Institutional investors own 77.42% of the company’s stock.

iRobot Price Performance

IRBT stock opened at $3.12 on Friday. iRobot Co. has a one year low of $2.99 and a one year high of $14.51. The firm has a 50-day moving average of $6.98 and a two-hundred day moving average of $7.72. The firm has a market capitalization of $95.56 million, a PE ratio of -0.68 and a beta of 0.87. The company has a current ratio of 1.45, a quick ratio of 0.94 and a debt-to-equity ratio of 1.24.

Analysts Set New Price Targets

IRBT has been the topic of several research reports. StockNews.com raised iRobot from a “sell” rating to a “hold” rating in a report on Monday, March 17th. Needham & Company LLC reaffirmed a “hold” rating on shares of iRobot in a research report on Thursday, March 13th.

About iRobot

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.