Do Institutional Investors Love Irobot Corp (NASDAQ:IRBT)?

July 18, 2017 - By test

 Do Institutional Investors Love Irobot Corp (NASDAQ:IRBT)?

Sentiment for Irobot Corp (NASDAQ:IRBT)

Irobot Corp (NASDAQ:IRBT) institutional sentiment increased to 1.28 in 2016 Q4. Its up 0.21, from 1.07 in 2016Q3. The ratio has increased, as 105 institutional investors increased or opened new positions, while 82 sold and reduced their equity positions in Irobot Corp. The institutional investors in our partner’s database now possess: 21.79 million shares, up from 21.40 million shares in 2016Q3. Also, the number of institutional investors holding Irobot Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 20 Reduced: 62 Increased: 57 New Position: 48.

iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The company has market cap of $2.35 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 43.67 P/E ratio. The Firm sells various products that are designed for use at home.

It closed at $84.9 lastly. It is down 150.93% since July 18, 2016 and is uptrending. It has outperformed by 134.23% the S&P500.

Wall Street await iRobot Corporation (NASDAQ:IRBT) to release earnings on July, 25. Analysts forecast EPS of $-0.22, down exactly $0.39 or 229.41 % from 2014’s $0.17 EPS. After posting $0.52 EPS for the previous quarter, iRobot Corporation’s analysts now forecast -142.31 % negative EPS growth.

Columbia Wanger Asset Management Llc holds 1.02% of its portfolio in iRobot Corporation for 1.25 million shares. Tributary Capital Management Llc owns 148,724 shares or 1.02% of their US portfolio. Moreover, Bogle Investment Management L P De has 0.65% invested in the company for 160,977 shares. The California-based Mirador Capital Partners Lp has invested 0.64% in the stock. Spark Investment Management Llc, a New York-based fund reported 128,200 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 6 insider sales for $3.31 million activity.

iRobot Corporation (NASDAQ:IRBT) Ratings Coverage

Ratings analysis reveals 27% of IRobot Corporation’s analysts are positive. Out of 11 Wall Street analysts rating IRobot Corporation, 3 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $28 while the high is $65. The stock’s average target of $49.57 is -41.61% below today’s ($84.9) share price. IRBT was included in 16 notes of analysts from September 18, 2015. The firm has “Underweight” rating by JP Morgan given on Friday, March 18. Benchmark maintained iRobot Corporation (NASDAQ:IRBT) on Monday, October 17 with “Buy” rating. The rating was maintained by Benchmark with “Buy” on Monday, November 14. The firm earned “Hold” rating on Wednesday, May 31 by Canaccord Genuity. The stock of iRobot Corporation (NASDAQ:IRBT) earned “Hold” rating by Needham on Monday, November 14. JP Morgan maintained iRobot Corporation (NASDAQ:IRBT) rating on Wednesday, April 27. JP Morgan has “Underweight” rating and $30 target. Raymond James downgraded iRobot Corporation (NASDAQ:IRBT) on Friday, September 18 to “Market Perform” rating. Sidoti initiated the stock with “Neutral” rating in Monday, November 14 report. The stock of iRobot Corporation (NASDAQ:IRBT) earned “Buy” rating by Needham on Thursday, October 27. The company was downgraded on Monday, July 3 by Dougherty.

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

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