It’s been a crucial week for iRobot Corporation (NASDAQ:IRBT); here’s what analysts have to say.

July 17, 2017 - By Louis Casey

 It's been a crucial week for iRobot Corporation (NASDAQ:IRBT); here's what analysts have to say.
Investors sentiment increased to 1.28 in Q4 2016. Its up 0.21, from 1.07 in 2016Q3. It increased, as 20 investors sold iRobot Corporation shares while 62 reduced holdings. 48 funds opened positions while 57 raised stakes. 21.79 million shares or 1.80% more from 21.40 million shares in 2016Q3 were reported.
Baillie Gifford & accumulated 615,600 shares. Qs Investors Lc reported 28,971 shares or 0.01% of all its holdings. Barclays Public Ltd Co holds 0% or 8,264 shares in its portfolio. The Iowa-based Principal Fincl Grp Incorporated has invested 0.02% in iRobot Corporation (NASDAQ:IRBT). Pinebridge Investments Lp stated it has 0.03% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Timber Hill Ltd Com, a Connecticut-based fund reported 7,946 shares. Blackrock Ltd has 51,402 shares for 0% of their portfolio. Great West Life Assurance Company Can owns 35,519 shares for 0.01% of their portfolio. Citadel Limited has invested 0% in iRobot Corporation (NASDAQ:IRBT). Pub Sector Pension Investment Board stated it has 0.01% in iRobot Corporation (NASDAQ:IRBT). Blackrock Japan Co Ltd reported 321 shares or 0% of all its holdings. Price T Rowe Associates Md holds 0% or 25,374 shares. First Mercantile Trust Communications invested in 0.08% or 8,365 shares. State Of Tennessee Treasury Department owns 21,895 shares. Driehaus Cap Management Ltd invested 0.04% of its portfolio in iRobot Corporation (NASDAQ:IRBT).

Since February 7, 2017, it had 0 insider purchases, and 6 sales for $3.31 million activity. Dean Alison also sold $491,101 worth of iRobot Corporation (NASDAQ:IRBT) on Friday, April 7. The insider CHWANG RONALD sold 3,397 shares worth $285,926. Another trade for 3,000 shares valued at $254,325 was made by GEISSER ANDREA on Thursday, May 4. $624,993 worth of iRobot Corporation (NASDAQ:IRBT) shares were sold by Angle Colin M. Shares for $1.03M were sold by Weinstein Glen Daniel on Tuesday, May 30.

iRobot Corporation (NASDAQ:IRBT) Ratings Coverage

Among 11 analysts covering IRobot Corporation (NASDAQ:IRBT), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. IRobot Corporation had 16 analyst reports since September 18, 2015 according to SRatingsIntel. As per Thursday, November 17, the company rating was initiated by Dougherty & Company. The stock of iRobot Corporation (NASDAQ:IRBT) has “Underweight” rating given on Friday, March 18 by JP Morgan. The rating was downgraded by Raymond James to “Market Perform” on Friday, September 18. The stock of iRobot Corporation (NASDAQ:IRBT) has “Hold” rating given on Monday, July 3 by Dougherty. As per Wednesday, January 6, the company rating was upgraded by JP Morgan. The rating was downgraded by Piper Jaffray to “Neutral” on Monday, January 4. The company was initiated on Monday, November 14 by Sidoti. The rating was maintained by Benchmark on Monday, October 17 with “Buy”. JMP Securities maintained the shares of IRBT in report on Tuesday, October 13 with “Market Outperform” rating. Canaccord Genuity downgraded the shares of IRBT in report on Wednesday, May 31 to “Hold” rating. Below is a list of iRobot Corporation (NASDAQ:IRBT) latest ratings and price target changes.

03/07/2017 Broker: Dougherty Rating: Hold Downgrade
03/07/2017 Broker: Old Rating: Buy New Rating: Neutral Downgrade
31/05/2017 Broker: Canaccord Genuity Old Rating: Buy New Rating: Hold Downgrade

It closed at $83.99 lastly. It is down 150.93% since July 17, 2016 and is uptrending. It has outperformed by 134.23% the S&P500.

iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The company has market cap of $2.29 billion. The Company’s portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. It has a 43.21 P/E ratio. The Firm sells various products that are designed for use at home.

More recent iRobot Corporation (NASDAQ:IRBT) news were published by: Seekingalpha.com which released: “iRobot: Competition Incoming?” on July 03, 2017. Also Fool.com published the news titled: “Why iRobot Corporation Stock Plunged Today” on June 27, 2017. Businesswire.com‘s news article titled: “SHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of iRobot …” with publication date: June 29, 2017 was also an interesting one.

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