iRobot Co. (NASDAQ:IRBT) Director Mohamad Ali sold 780 shares of the stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $61.11, for a total transaction of $47,665.80. Following the transaction, the director now owns 12,634 shares in the company, valued at approximately $772,063.74. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of iRobot stock traded down $0.81 on Friday, reaching $62.14. 380,264 shares of the stock were exchanged, compared to its average volume of 832,226. The firm’s 50 day moving average is $69.03 and its 200-day moving average is $96.76. iRobot Co. has a one year low of $58.90 and a one year high of $132.88. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.90 and a current ratio of 3.15. The firm has a market cap of $1.77 billion, a PE ratio of 14.25, a P/E/G ratio of 1.54 and a beta of 1.61.
iRobot (NASDAQ:IRBT) last issued its quarterly earnings results on Tuesday, July 23rd. The industrial products company reported $0.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.22. iRobot had a net margin of 7.57% and a return on equity of 16.06%. The company had revenue of $260.17 million during the quarter, compared to the consensus estimate of $267.96 million. During the same quarter in the prior year, the firm posted $0.37 EPS. The firm’s quarterly revenue was up 15.0% on a year-over-year basis. On average, equities research analysts expect that iRobot Co. will post 2.73 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of IRBT. Coastal Capital Group Inc. bought a new stake in shares of iRobot during the 2nd quarter worth approximately $28,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iRobot by 85.1% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 435 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 200 shares during the period. Captrust Financial Advisors lifted its holdings in shares of iRobot by 66.7% during the 2nd quarter. Captrust Financial Advisors now owns 500 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 200 shares during the period. Lakeview Capital Partners LLC bought a new position in iRobot in the 1st quarter valued at approximately $202,000. Finally, First Republic Investment Management Inc. bought a new position in iRobot in the 1st quarter valued at approximately $223,000. 97.16% of the stock is owned by institutional investors.
iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stairs.
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