iRobot (NASDAQ:IRBT) Given Hold Rating at Needham & Company LLC

iRobot (NASDAQ:IRBT)‘s stock had its “hold” rating reissued by research analysts at Needham & Company LLC in a report released on Thursday,Benzinga reports.

Separately, StockNews.com cut shares of iRobot from a “hold” rating to a “sell” rating in a research note on Saturday, January 25th.

iRobot Stock Performance

NASDAQ IRBT opened at $3.70 on Thursday. The stock has a market cap of $113.07 million, a P/E ratio of -0.80 and a beta of 0.87. The company’s 50-day simple moving average is $8.17 and its 200 day simple moving average is $7.94. iRobot has a twelve month low of $2.99 and a twelve month high of $14.51. The company has a quick ratio of 0.94, a current ratio of 1.45 and a debt-to-equity ratio of 1.24.

Institutional Trading of iRobot

Several large investors have recently added to or reduced their stakes in IRBT. Marathon Trading Investment Management LLC bought a new stake in iRobot during the third quarter worth about $117,000. Quest Partners LLC grew its stake in shares of iRobot by 39.8% during the third quarter. Quest Partners LLC now owns 11,546 shares of the industrial products company’s stock valued at $100,000 after purchasing an additional 3,285 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of iRobot during the third quarter valued at approximately $213,000. BNP Paribas Financial Markets grew its stake in shares of iRobot by 37.0% during the third quarter. BNP Paribas Financial Markets now owns 21,141 shares of the industrial products company’s stock valued at $184,000 after purchasing an additional 5,709 shares during the last quarter. Finally, Verition Fund Management LLC bought a new stake in shares of iRobot during the third quarter valued at approximately $1,556,000. 77.42% of the stock is owned by institutional investors.

About iRobot

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.