Swiss National Bank Has $3.16 Million Position in iRobot Co. (NASDAQ:IRBT)

Swiss National Bank increased its position in shares of iRobot Co. (NASDAQ:IRBT – Get Rating) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,700 shares of the industrial products company’s stock after purchasing an additional 1,400 shares during the period. Swiss National Bank owned approximately 0.24% of iRobot worth $3,162,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in IRBT. Advisor Group Holdings Inc. lifted its holdings in iRobot by 10.2% during the 1st quarter. Advisor Group Holdings Inc. now owns 4,107 shares of the industrial products company’s stock worth $260,000 after purchasing an additional 381 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in iRobot by 9.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 9,786 shares of the industrial products company’s stock valued at $620,000 after acquiring an additional 847 shares in the last quarter. Bank of Montreal Can raised its holdings in iRobot by 3.2% in the 1st quarter. Bank of Montreal Can now owns 7,600 shares of the industrial products company’s stock valued at $503,000 after acquiring an additional 235 shares in the last quarter. MetLife Investment Management LLC raised its holdings in iRobot by 54.6% in the 1st quarter. MetLife Investment Management LLC now owns 13,739 shares of the industrial products company’s stock valued at $871,000 after acquiring an additional 4,851 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in iRobot by 3.7% in the 1st quarter. Rhumbline Advisers now owns 71,268 shares of the industrial products company’s stock valued at $4,518,000 after acquiring an additional 2,548 shares in the last quarter. 84.03% of the stock is owned by institutional investors and hedge funds.

iRobot Price Performance

Shares of NASDAQ IRBT opened at $31.80 on Tuesday. The stock has a market capitalization of $877.49 million, a PE ratio of -2.58 and a beta of 1.08. The business has a fifty day moving average price of $40.38 and a two-hundred day moving average price of $44.88. iRobot Co. has a fifty-two week low of $31.46 and a fifty-two week high of $60.24.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut iRobot from a “hold” rating to a “sell” rating in a report on Friday.

About iRobot

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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.