Jump Financial LLC Acquires 39,970 Shares of iRobot Co. (NASDAQ:IRBT)

Jump Financial LLC increased its holdings in shares of iRobot Co. (NASDAQ:IRBT) by 38.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 144,770 shares of the industrial products company’s stock after acquiring an additional 39,970 shares during the quarter. Jump Financial LLC’s holdings in iRobot were worth $1,122,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new position in shares of iRobot in the fourth quarter valued at $59,000. SG Americas Securities LLC acquired a new stake in shares of iRobot during the 4th quarter worth about $97,000. Intech Investment Management LLC bought a new stake in shares of iRobot during the 4th quarter worth about $108,000. Harbor Capital Advisors Inc. grew its stake in iRobot by 28.4% in 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 during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of iRobot by 32.7% during the fourth quarter. Wells Fargo & Company MN now owns 18,448 shares of the industrial products company’s stock worth $143,000 after acquiring an additional 4,543 shares during the period. Institutional investors own 77.42% of the company’s stock.

iRobot Price Performance

Shares of IRBT opened at $2.01 on Monday. The stock has a market cap of $62.35 million, a PE ratio of -0.44 and a beta of 1.14. 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 business has a 50-day simple moving average of $4.83 and a two-hundred day simple moving average of $7.04. iRobot Co. has a 12-month low of $1.76 and a 12-month high of $14.51.

Analyst Upgrades and Downgrades

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

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.