iRobot Target of Unusually Large Options Trading (NASDAQ:IRBT)

iRobot Co. (NASDAQ:IRBT) was the target of unusually large options trading activity on Tuesday. Investors bought 9,949 call options on the company. This is an increase of approximately 193% compared to the typical daily volume of 3,399 call options.

iRobot Stock Performance

Shares of NASDAQ IRBT traded up $0.43 during midday trading on Tuesday, hitting $9.58. 1,604,124 shares of the company’s stock were exchanged, compared to its average volume of 2,342,282. The company has a quick ratio of 0.94, a current ratio of 1.45 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $292.86 million, a PE ratio of -2.09 and a beta of 0.80. iRobot has a 12 month low of $5.83 and a 12 month high of $14.51. The company’s 50 day moving average price is $8.54 and its 200 day moving average price is $8.18.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Needham & Company LLC restated a “hold” rating on shares of iRobot in a report on Tuesday, January 21st. StockNews.com lowered shares of iRobot from a “hold” rating to a “sell” rating in a research note on Saturday, January 25th.

Hedge Funds Weigh In On iRobot

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Intech Investment Management LLC bought a new position in shares of iRobot in the fourth quarter valued at about $108,000. Marathon Trading Investment Management LLC boosted its stake in iRobot by 112.8% in the 4th quarter. Marathon Trading Investment Management LLC now owns 28,747 shares of the industrial products company’s stock valued at $223,000 after purchasing an additional 15,241 shares during the period. Amundi bought a new position in iRobot during the 4th quarter worth $166,000. SBI Securities Co. Ltd. acquired a new stake in shares of iRobot during the fourth quarter worth $59,000. Finally, Private Advisor Group LLC boosted its position in shares of iRobot by 50.8% in the fourth quarter. Private Advisor Group LLC now owns 110,955 shares of the industrial products company’s stock valued at $860,000 after acquiring an additional 37,358 shares during the period. 77.42% of the stock is owned by institutional investors.

iRobot Company Profile

iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services.