Amundi Takes $166,000 Position in iRobot Co. (NASDAQ:IRBT)

Amundi purchased a new stake in shares of iRobot Co. (NASDAQ:IRBT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 21,406 shares of the industrial products company’s stock, valued at approximately $166,000. Amundi owned about 0.07% of iRobot at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IRBT. SBI Securities Co. Ltd. acquired a new stake in iRobot in the fourth quarter worth approximately $59,000. Private Advisor Group LLC lifted its position in iRobot by 50.8% in the fourth 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 during the period. SG Americas Securities LLC acquired a new stake in iRobot in the fourth quarter worth approximately $97,000. Harbor Capital Advisors Inc. lifted its position in iRobot by 28.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 15,595 shares of the industrial products company’s stock worth $121,000 after purchasing an additional 3,448 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in iRobot by 2,712.4% in the third quarter. JPMorgan Chase & Co. now owns 400,427 shares of the industrial products company’s stock worth $3,480,000 after purchasing an additional 386,189 shares during the period. Institutional investors own 77.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on IRBT. Needham & Company LLC restated a “hold” rating on shares of iRobot in a research report on Thursday, March 13th. StockNews.com upgraded iRobot from a “sell” rating to a “hold” rating in a research report on Monday, March 17th.

iRobot Price Performance

Shares of NASDAQ:IRBT opened at $3.28 on Friday. iRobot Co. has a one year low of $2.99 and a one year high of $14.51. The stock has a fifty day moving average of $7.38 and a 200-day moving average of $7.80. The company has a market capitalization of $100.46 million, a PE ratio of -0.71 and a beta of 0.87. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.94 and a current ratio of 1.45.

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.