Jump Financial LLC Takes Position in iRobot Co. (NASDAQ:IRBT)

Jump Financial LLC acquired a new stake in iRobot Co. (NASDAQ:IRBTFree Report) in the 3rd quarter, HoldingsChannel reports. The fund acquired 9,800 shares of the industrial products company’s stock, valued at approximately $371,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. grew its holdings in iRobot by 0.4% during the 2nd quarter. BlackRock Inc. now owns 4,677,011 shares of the industrial products company’s stock worth $211,635,000 after acquiring an additional 18,684 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of iRobot by 1.8% during the first quarter. Vanguard Group Inc. now owns 2,939,954 shares of the industrial products company’s stock worth $186,394,000 after purchasing an additional 52,357 shares in the last quarter. State Street Corp increased its holdings in iRobot by 2.7% in the second quarter. State Street Corp now owns 1,104,628 shares of the industrial products company’s stock valued at $49,984,000 after buying an additional 28,629 shares during the last quarter. Credit Suisse AG increased its holdings in iRobot by 446.4% in the second quarter. Credit Suisse AG now owns 833,202 shares of the industrial products company’s stock valued at $37,702,000 after buying an additional 680,715 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in iRobot by 2.7% in the first quarter. Invesco Ltd. now owns 810,246 shares of the industrial products company’s stock valued at $51,370,000 after buying an additional 21,022 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

iRobot Trading Up 1.6 %

Shares of iRobot stock opened at $13.87 on Tuesday. The company has a current ratio of 1.71, a quick ratio of 0.96 and a debt-to-equity ratio of 0.81. The company has a fifty day simple moving average of $29.05 and a 200-day simple moving average of $33.62. The stock has a market cap of $386.56 million, a price-to-earnings ratio of -1.17 and a beta of 1.02. iRobot Co. has a 12-month low of $11.82 and a 12-month high of $51.49.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised iRobot from a “sell” rating to a “hold” rating in a report on Friday, January 12th.

Get Our Latest Analysis on IRBT

iRobot Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IRBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iRobot Co. (NASDAQ:IRBTFree Report).

Institutional Ownership by Quarter for iRobot (NASDAQ:IRBT)

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