iRobot (NASDAQ:IRBT) Shares Unloaded Sen. Ron Wyden

Senator Ron Wyden (D-Oregon) recently sold shares of iRobot Co. (NASDAQ:IRBT). In a filing disclosed on February 21st, the Senator disclosed that they had sold between $1,001 and $15,000 in iRobot stock on February 6th.

Senator Ron Wyden also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Eli Lilly and Company (NYSE:LLY) on 2/10/2025.
• Sold $1,001 – $15,000 in shares of Solventum (NYSE:SOLV) on 2/6/2025.
• Purchased $50,001 – $100,000 in shares of Eli Lilly and Company (NYSE:LLY) on 1/22/2025.

iRobot Price Performance

IRBT opened at $8.74 on Friday. The firm has a market cap of $267.18 million, a P/E ratio of -1.90 and a beta of 0.80. The firm has a 50-day moving average of $8.68 and a 200 day moving average of $8.11. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.94 and a current ratio of 1.45. iRobot Co. has a fifty-two week low of $5.83 and a fifty-two week high of $14.51.

Hedge Funds Weigh In On iRobot

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp boosted its position in iRobot by 1.2% during the third quarter. State Street Corp now owns 1,164,040 shares of the industrial products company’s stock worth $10,116,000 after purchasing an additional 14,075 shares during the period. Federated Hermes Inc. lifted its holdings in shares of iRobot by 41.8% in the fourth quarter. Federated Hermes Inc. now owns 1,003,473 shares of the industrial products company’s stock worth $7,777,000 after buying an additional 295,997 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in shares of iRobot by 16.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 840,874 shares of the industrial products company’s stock worth $6,517,000 after buying an additional 120,234 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of iRobot by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 701,173 shares of the industrial products company’s stock worth $5,435,000 after buying an additional 24,701 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of iRobot by 32.4% in the fourth quarter. Two Sigma Investments LP now owns 655,881 shares of the industrial products company’s stock worth $5,083,000 after buying an additional 160,343 shares in the last quarter. Institutional investors own 77.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on IRBT shares. Needham & Company LLC reiterated a “hold” rating on shares of iRobot in a research report on Tuesday, January 21st. StockNews.com lowered shares of iRobot from a “hold” rating to a “sell” rating in a research report on Saturday, January 25th.

About Senator Wyden

Ron Wyden (Democratic Party) is a member of the U.S. Senate from Oregon. He assumed office on January 30, 1996. His current term ends on January 3, 2029. Wyden (Democratic Party, Independent Party) ran for re-election to the U.S. Senate to represent Oregon. He won in the general election on November 8, 2022. He advanced from the Democratic primary on May 17, 2022. In 2018, the Town Hall Project, which described itself as “a citizen powered, grassroots effort that empowers constituents across the country to have face-to-face conversations with their elected representatives,” named Wyden town hall MVP for the second year in a row. According to OregonLive, Wyden held over 900 town hall meetings between 1996 and 2018. Wyden previously served in the U.S. House of Representatives, representing Oregon’s 3rd Congressional District from 1981 to 1996. As of a 2014 analysis of multiple outside rankings, Wyden is an average Democratic member of Congress, meaning he will vote with the Democratic Party on the majority of bills.

About iRobot

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.