iRobot Corp. (NASDAQ:IRBT)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $41.20 and last traded at $41.06, with a volume of 178,558 shares changing hands. The stock had previously closed at $40.62.

Several equities analysts have recently issued reports on the company. Canaccord Genuity reiterated a “buy” rating and issued a $45.00 price objective on shares of iRobot Corp. in a research note on Wednesday, August 10th. JPMorgan Chase & Co. upgraded iRobot Corp. from an “underweight” rating to a “neutral” rating in a research note on Wednesday, June 1st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $46.00 price objective (up previously from $42.00) on shares of iRobot Corp. in a research note on Friday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. iRobot Corp. has a consensus rating of “Hold” and a consensus price target of $39.00.

The stock has a market cap of $1.12 billion, a P/E ratio of 29.65 and a beta of 1.59. The company has a 50-day moving average of $39.87 and a 200-day moving average of $37.04.

iRobot Corp. (NASDAQ:IRBT) last announced its quarterly earnings results on Tuesday, July 26th. The company reported $0.17 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.07. The company earned $148.70 million during the quarter, compared to analyst estimates of $148.10 million. iRobot Corp. had a return on equity of 10.39% and a net margin of 6.49%. The firm’s revenue was down .1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.24 earnings per share. On average, equities research analysts expect that iRobot Corp. will post $1.32 EPS for the current year.

In other iRobot Corp. news, Director Andrea Geisser sold 3,243 shares of the company’s stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $40.19, for a total transaction of $130,336.17. Following the completion of the sale, the director now directly owns 54,226 shares in the company, valued at $2,179,342.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Glen Daniel Weinstein sold 1,000 shares of the company’s stock in a transaction dated Monday, August 8th. The stock was sold at an average price of $40.00, for a total value of $40,000.00. Following the sale, the executive vice president now owns 70,481 shares of the company’s stock, valued at $2,819,240. The disclosure for this sale can be found here. Company insiders own 5.53% of the company’s stock.

Several large investors have recently bought and sold shares of the stock. Prudential Financial Inc. raised its stake in iRobot Corp. by 2.4% in the first quarter. Prudential Financial Inc. now owns 69,676 shares of the company’s stock worth $2,460,000 after buying an additional 1,600 shares during the period. BlackRock Group LTD raised its stake in iRobot Corp. by 7.3% in the first quarter. BlackRock Group LTD now owns 34,102 shares of the company’s stock worth $1,203,000 after buying an additional 2,308 shares during the period. JPMorgan Chase & Co. raised its stake in iRobot Corp. by 116.4% in the first quarter. JPMorgan Chase & Co. now owns 43,358 shares of the company’s stock worth $1,530,000 after buying an additional 23,326 shares during the period. Spark Investment Management LLC raised its stake in iRobot Corp. by 70.9% in the first quarter. Spark Investment Management LLC now owns 128,200 shares of the company’s stock worth $4,525,000 after buying an additional 53,200 shares during the period. Finally, Legal & General Group Plc raised its stake in iRobot Corp. by 11.4% in the first quarter. Legal & General Group Plc now owns 4,757 shares of the company’s stock worth $169,000 after buying an additional 487 shares during the period. Institutional investors and hedge funds own 77.40% of the company’s stock.

About iRobot Corp.

iRobot Corporation is engaged in designing and building robots. The Company sells its products through sales channels to the consumer, defense and security, telemedicine and video collaboration markets. It operates through two segments: the home robots business, and the defense and security robots business.

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