JPMorgan Chase & Co. Has $3.85 Million Position in iRobot Co. (NASDAQ:IRBT)

JPMorgan Chase & Co. increased its position in shares of iRobot Co. (NASDAQ:IRBT) by 24.1% during the 4th quarter, Holdings Channel reports. The firm owned 496,878 shares of the industrial products company’s stock after purchasing an additional 96,451 shares during the quarter. JPMorgan Chase & Co.’s holdings in iRobot were worth $3,851,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IRBT. Geode Capital Management LLC raised 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 worth $5,880,000 after purchasing an additional 19,233 shares during the period. Barclays PLC raised its position in shares of iRobot by 250.1% in the third quarter. Barclays PLC now owns 37,369 shares of the industrial products company’s stock worth $325,000 after buying an additional 26,694 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of iRobot during the 4th quarter valued at about $59,000. Private Advisor Group LLC increased its holdings in shares of 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 during the last quarter. Finally, Harbor Capital Advisors Inc. raised its position in shares of iRobot by 28.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 15,595 shares of the industrial products company’s stock valued at $121,000 after buying an additional 3,448 shares in the last quarter. Institutional investors own 77.42% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on IRBT. Needham & Company LLC reissued a “hold” rating on shares of iRobot in a research note on Thursday, March 13th. StockNews.com downgraded shares of iRobot from a “hold” rating to a “sell” rating in a research note on Saturday, March 29th.

iRobot Stock Performance

NASDAQ IRBT opened at $2.01 on Monday. The company has a current ratio of 1.45, a quick ratio of 0.94 and a debt-to-equity ratio of 1.24. iRobot Co. has a 1-year low of $1.76 and a 1-year high of $14.51. The firm has a market cap of $62.35 million, a PE ratio of -0.44 and a beta of 1.14. The stock has a 50-day moving average of $4.83 and a 200-day moving average of $7.04.

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.