19,824 Shares in iRobot Corporation (IRBT) Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in shares of iRobot Corporation (NASDAQ:IRBT) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 19,824 shares of the industrial products company’s stock, valued at approximately $1,528,000. WINTON GROUP Ltd owned approximately 0.07% of iRobot at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IRBT. BlackRock Inc. grew its holdings in iRobot by 13.6% during the 2nd quarter. BlackRock Inc. now owns 3,751,472 shares of the industrial products company’s stock worth $315,648,000 after acquiring an additional 448,157 shares in the last quarter. Old Mutual Global Investors UK Ltd. grew its holdings in iRobot by 363.7% during the 2nd quarter. Old Mutual Global Investors UK Ltd. now owns 446,594 shares of the industrial products company’s stock worth $37,576,000 after acquiring an additional 350,292 shares in the last quarter. State Street Corp grew its holdings in iRobot by 46.1% during the 2nd quarter. State Street Corp now owns 931,248 shares of the industrial products company’s stock worth $78,353,000 after acquiring an additional 293,988 shares in the last quarter. Vanguard Group Inc. grew its holdings in iRobot by 9.3% during the 2nd quarter. Vanguard Group Inc. now owns 3,241,921 shares of the industrial products company’s stock worth $272,776,000 after acquiring an additional 277,161 shares in the last quarter. Finally, Baillie Gifford & Co. grew its holdings in iRobot by 12.9% during the 2nd quarter. Baillie Gifford & Co. now owns 746,771 shares of the industrial products company’s stock worth $62,834,000 after acquiring an additional 85,124 shares in the last quarter. 82.25% of the stock is owned by institutional investors.

Several research analysts have weighed in on IRBT shares. Dougherty & Co reissued a “neutral” rating on shares of iRobot in a report on Thursday, October 26th. Zacks Investment Research raised shares of iRobot from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a report on Tuesday, October 24th. BidaskClub downgraded shares of iRobot from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 23rd. Needham & Company LLC restated a “hold” rating on shares of iRobot in a research report on Thursday, October 26th. Finally, SprucePoint Capital restated a “sell” rating on shares of iRobot in a research report on Thursday, September 14th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $70.75.

In other news, EVP Glen Daniel Weinstein sold 728 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $100.00, for a total value of $72,800.00. Following the transaction, the executive vice president now directly owns 68,355 shares in the company, valued at approximately $6,835,500. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Alison Dean sold 33,809 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $100.00, for a total transaction of $3,380,900.00. Following the completion of the transaction, the chief financial officer now owns 82,609 shares in the company, valued at $8,260,900. The disclosure for this sale can be found here. Company insiders own 4.49% of the company’s stock.

iRobot Corporation (NASDAQ:IRBT) opened at $64.58 on Tuesday. iRobot Corporation has a 52-week low of $52.12 and a 52-week high of $109.78. The stock has a market cap of $1,790.00, a PE ratio of 35.10, a PEG ratio of 1.78 and a beta of 0.99.

iRobot (NASDAQ:IRBT) last posted its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.16. iRobot had a net margin of 7.80% and a return on equity of 12.79%. The company had revenue of $205.40 million for the quarter, compared to the consensus estimate of $204.52 million. During the same period last year, the firm posted $0.70 EPS. The company’s revenue for the quarter was up 21.8% on a year-over-year basis. sell-side analysts forecast that iRobot Corporation will post 1.85 EPS for the current year.

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iRobot Company Profile

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 (NASDAQ:IRBT)

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