iRobot Sees Unusually Large Options Volume (NASDAQ:IRBT)

iRobot Co. (NASDAQ:IRBT) was the target of some unusual options trading on Tuesday. Stock investors purchased 9,949 call options on the stock. This represents an increase of 193% compared to the typical volume of 3,399 call options.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. LPL Financial LLC boosted its stake in iRobot by 3.4% in the fourth quarter. LPL Financial LLC now owns 41,254 shares of the industrial products company’s stock valued at $320,000 after buying an additional 1,346 shares in the last quarter. Quest Partners LLC boosted its stake in iRobot by 39.8% in the third quarter. Quest Partners LLC now owns 11,546 shares of the industrial products company’s stock valued at $100,000 after buying an additional 3,285 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in iRobot by 28.4% in the fourth 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. nVerses Capital LLC acquired a new stake in iRobot in the third quarter valued at about $39,000. Finally, BNP Paribas Financial Markets boosted its stake in iRobot by 37.0% in the third quarter. BNP Paribas Financial Markets now owns 21,141 shares of the industrial products company’s stock valued at $184,000 after buying an additional 5,709 shares in the last quarter. Institutional investors own 77.42% of the company’s stock.

iRobot Stock Down 5.3 %

IRBT stock opened at $9.12 on Thursday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.45 and a quick ratio of 0.94. iRobot has a fifty-two week low of $5.83 and a fifty-two week high of $14.51. The stock has a market capitalization of $278.71 million, a price-to-earnings ratio of -1.98 and a beta of 0.80. The business’s fifty day moving average price is $8.58 and its two-hundred day moving average price is $8.17.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Needham & Company LLC reissued a “hold” rating on shares of iRobot in a report on Tuesday, January 21st. StockNews.com cut iRobot from a “hold” rating to a “sell” rating in a research report on Saturday, January 25th.

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.