BNP Paribas Arbitrage SA raised its position in iRobot Corporation (NASDAQ:IRBT) by 43.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,675 shares of the industrial products company’s stock after buying an additional 2,910 shares during the period. BNP Paribas Arbitrage SA’s holdings in iRobot Corporation were worth $814,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Creative Planning boosted its position in iRobot Corporation by 14.0% in the 2nd quarter. Creative Planning now owns 1,317 shares of the industrial products company’s stock valued at $111,000 after buying an additional 162 shares during the last quarter. NEXT Financial Group Inc boosted its position in iRobot Corporation by 6.2% in the 2nd quarter. NEXT Financial Group Inc now owns 1,890 shares of the industrial products company’s stock valued at $159,000 after buying an additional 110 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in iRobot Corporation by 16.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,988 shares of the industrial products company’s stock valued at $132,000 after buying an additional 277 shares during the last quarter. IFP Advisors Inc boosted its position in iRobot Corporation by 15.4% in the 2nd quarter. IFP Advisors Inc now owns 2,064 shares of the industrial products company’s stock valued at $174,000 after buying an additional 275 shares during the last quarter. Finally, Strs Ohio purchased a new position in iRobot Corporation in the 2nd quarter valued at about $185,000. 82.73% of the stock is owned by institutional investors.

In other news, CFO Alison Dean sold 17,646 shares of the business’s stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $90.00, for a total transaction of $1,588,140.00. Following the transaction, the chief financial officer now owns 82,080 shares in the company, valued at approximately $7,387,200. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Russell J. Campanello sold 6,906 shares of the business’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $85.00, for a total transaction of $587,010.00. Following the transaction, the executive vice president now owns 82,434 shares in the company, valued at approximately $7,006,890. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 72,138 shares of company stock worth $6,861,839. Insiders own 4.49% of the company’s stock.

iRobot Corporation (IRBT) opened at 95.17 on Friday. iRobot Corporation has a 12 month low of $38.19 and a 12 month high of $109.78. The company has a market cap of $2.63 billion, a PE ratio of 46.67 and a beta of 1.18. The stock’s 50 day moving average is $98.44 and its 200 day moving average is $83.49.

iRobot Corporation (NASDAQ:IRBT) last posted its quarterly earnings data on Tuesday, July 25th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.28) by $0.55. iRobot Corporation had a net margin of 7.84% and a return on equity of 14.05%. The company had revenue of $183.14 million for the quarter, compared to the consensus estimate of $174.65 million. During the same quarter in the previous year, the firm posted $0.17 EPS. The business’s revenue was up 23.2% compared to the same quarter last year. Equities analysts predict that iRobot Corporation will post $1.58 earnings per share for the current year.

IRBT has been the subject of a number of analyst reports. Canaccord Genuity cut shares of iRobot Corporation from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a research report on Wednesday, May 31st. They noted that the move was a valuation call. BidaskClub cut shares of iRobot Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 23rd. Zacks Investment Research cut shares of iRobot Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Dougherty & Co cut shares of iRobot Corporation from a “buy” rating to a “neutral” rating in a research report on Monday, July 3rd. Finally, Piper Jaffray Companies increased their price target on shares of iRobot Corporation to $92.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 26th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. iRobot Corporation currently has a consensus rating of “Hold” and an average target price of $73.63.

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About iRobot Corporation

iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The Company’s portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. The Company sells various products that are designed for use at home.

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Institutional Ownership by Quarter for iRobot Corporation (NASDAQ:IRBT)

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