iRobot Co. (NASDAQ:IRBT) Stock Holdings Boosted by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in iRobot Co. (NASDAQ:IRBT) by 37.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,141 shares of the industrial products company’s stock after buying an additional 5,709 shares during the period. BNP Paribas Financial Markets owned approximately 0.07% of iRobot worth $184,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IRBT. AQR Capital Management LLC boosted its stake in shares of iRobot by 185.4% during the 2nd quarter. AQR Capital Management LLC now owns 196,431 shares of the industrial products company’s stock worth $1,789,000 after acquiring an additional 127,602 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of iRobot by 234.2% during the third quarter. Private Advisor Group LLC now owns 73,597 shares of the industrial products company’s stock valued at $640,000 after purchasing an additional 51,575 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of iRobot by 1,167.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 4,653 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 4,286 shares during the period. Acadian Asset Management LLC acquired a new position in shares of iRobot in the second quarter worth about $529,000. Finally, Daiwa Securities Group Inc. purchased a new position in shares of iRobot in the second quarter worth approximately $61,000. Institutional investors and hedge funds own 77.42% of the company’s stock.

iRobot Stock Down 2.6 %

iRobot stock opened at $8.69 on Wednesday. The firm’s 50 day moving average price is $8.00 and its two-hundred day moving average price is $8.50. The firm has a market cap of $265.56 million, a PE ratio of -1.89 and a beta of 0.83. iRobot Co. has a twelve month low of $5.83 and a twelve month high of $39.44. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.94 and a current ratio of 1.45.

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. StockNews.com downgraded shares of iRobot from a “hold” rating to a “sell” rating in a research report on Sunday, October 27th. Needham & Company LLC reaffirmed a “hold” rating on shares of iRobot in a research report on Thursday, November 7th.

iRobot 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.