Virtu Financial LLC Makes New $155,000 Investment in iRobot Co. (NASDAQ:IRBT)

Virtu Financial LLC purchased a new position in shares of iRobot Co. (NASDAQ:IRBT) in the fourth quarter, HoldingsChannel reports. The fund purchased 20,024 shares of the industrial products company’s stock, valued at approximately $155,000.

A number of other institutional investors have also modified their holdings of IRBT. Quest Partners LLC lifted its holdings in shares of iRobot by 39.8% during the 3rd quarter. Quest Partners LLC now owns 11,546 shares of the industrial products company’s stock worth $100,000 after acquiring an additional 3,285 shares during the period. Quantbot Technologies LP purchased a new position in iRobot during the third quarter worth approximately $213,000. BNP Paribas Financial Markets raised its stake in iRobot by 37.0% during the third quarter. BNP Paribas Financial Markets now owns 21,141 shares of the industrial products company’s stock worth $184,000 after purchasing an additional 5,709 shares during the period. Verition Fund Management LLC acquired a new position in shares of iRobot in the 3rd quarter valued at $1,556,000. Finally, Point72 DIFC Ltd purchased a new stake in shares of iRobot during the 3rd quarter valued at $112,000. Institutional investors and hedge funds own 77.42% of the company’s stock.

iRobot Price Performance

IRBT opened at $2.82 on Friday. iRobot Co. has a twelve month low of $2.80 and a twelve month high of $14.51. The firm has a market cap of $86.37 million, a price-to-earnings ratio of -0.61 and a beta of 0.87. The company has a current ratio of 1.45, a quick ratio of 0.94 and a debt-to-equity ratio of 1.24. The company has a fifty day simple moving average of $6.86 and a 200 day simple moving average of $7.70.

Wall Street Analysts Forecast Growth

IRBT has been the topic of a number of research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of iRobot in a report on Thursday, March 13th. StockNews.com downgraded iRobot from a “hold” rating to a “sell” rating in a report on Saturday.

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.