iRobot Co. (NASDAQ:IRBT) Holdings Decreased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its holdings in iRobot Co. (NASDAQ:IRBT) by 17.4% in the 4th quarter, Holdings Channel reports. The fund owned 363,199 shares of the industrial products company’s stock after selling 76,368 shares during the period. Charles Schwab Investment Management Inc.’s holdings in iRobot were worth $2,815,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of iRobot by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 676,472 shares of the industrial products company’s stock valued at $5,880,000 after purchasing an additional 19,233 shares during the period. Barclays PLC grew its position in iRobot by 250.1% during the third quarter. Barclays PLC now owns 37,369 shares of the industrial products company’s stock valued at $325,000 after purchasing an additional 26,694 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in iRobot in the 4th quarter valued at approximately $59,000. Private Advisor Group LLC lifted its position in iRobot by 50.8% in the 4th quarter. Private Advisor Group LLC now owns 110,955 shares of the industrial products company’s stock worth $860,000 after buying an additional 37,358 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of iRobot by 2,712.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 400,427 shares of the industrial products company’s stock valued at $3,480,000 after buying an additional 386,189 shares during the period. 77.42% of the stock is currently owned by institutional investors and hedge funds.

iRobot Price Performance

NASDAQ IRBT opened at $3.12 on Friday. 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 stock has a market capitalization of $95.56 million, a PE ratio of -0.68 and a beta of 0.87. iRobot Co. has a 12-month low of $2.99 and a 12-month high of $14.51. The company has a 50 day moving average price of $6.98 and a two-hundred day moving average price of $7.72.

Analyst Ratings Changes

IRBT has been the topic of a number of research reports. StockNews.com raised shares of iRobot from a “sell” rating to a “hold” rating in a research note on Monday, March 17th. Needham & Company LLC reaffirmed a “hold” rating on shares of iRobot in a research report on Thursday, March 13th.

iRobot 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.