iRobot Co. (NASDAQ:IRBT) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its holdings in shares of iRobot Co. (NASDAQ:IRBT – Get Rating) by 3.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,407 shares of the industrial products company’s stock after selling 1,767 shares during the period. Commonwealth Equity Services LLC’s holdings in iRobot were worth $2,089,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of IRBT. Alpine Associates Management Inc. acquired a new stake in iRobot during the 3rd quarter worth $83,492,000. Alliancebernstein L.P. boosted its stake in iRobot by 1,516.7% during the 3rd quarter. Alliancebernstein L.P. now owns 689,276 shares of the industrial products company’s stock worth $38,827,000 after purchasing an additional 646,640 shares during the period. Water Island Capital LLC acquired a new stake in iRobot during the 3rd quarter worth $35,432,000. Hsbc Holdings PLC boosted its stake in iRobot by 2,174.3% during the 3rd quarter. Hsbc Holdings PLC now owns 252,314 shares of the industrial products company’s stock worth $14,251,000 after purchasing an additional 241,220 shares during the period. Finally, Versor Investments LP boosted its stake in iRobot by 51.5% during the 4th quarter. Versor Investments LP now owns 587,421 shares of the industrial products company’s stock worth $28,273,000 after purchasing an additional 199,768 shares during the period. Institutional investors and hedge funds own 84.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of iRobot from a “sell” rating to a “hold” rating in a research note on Thursday, May 11th.

iRobot Stock Performance

IRBT stock opened at $34.03 on Wednesday. iRobot Co. has a one year low of $33.49 and a one year high of $60.24. The stock has a market capitalization of $939.02 million, a PE ratio of -2.76 and a beta of 1.08. The company has a fifty day moving average of $41.30 and a 200-day moving average of $45.54.

iRobot Company Profile

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iRobot Corp. is a robot company, which engages in designing and building robots. Its products include robot vacuums and maps, and pool cleaners. It operates through Domestic and International segments. The company was founded by Rodney Allen Brooks, Colin M. Angle and Helen Greiner in August 1990 and is headquartered in Bedford, MA.