Quarry LP Acquires 13,283 Shares of iRobot Co. (NASDAQ:IRBT)

Quarry LP grew its holdings in iRobot Co. (NASDAQ:IRBT) by 2,040.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,934 shares of the industrial products company’s stock after acquiring an additional 13,283 shares during the quarter. Quarry LP’s holdings in iRobot were worth $108,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Geode Capital Management LLC increased its stake in iRobot by 2.9% during the 3rd quarter. Geode Capital Management LLC now owns 676,472 shares of the industrial products company’s stock worth $5,880,000 after purchasing an additional 19,233 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of iRobot by 44.8% in the fourth quarter. Renaissance Technologies LLC now owns 575,176 shares of the industrial products company’s stock valued at $4,458,000 after buying an additional 177,876 shares during the period. Barclays PLC raised its holdings in shares of iRobot by 250.1% during the third quarter. Barclays PLC now owns 37,369 shares of the industrial products company’s stock worth $325,000 after acquiring an additional 26,694 shares during the period. SBI Securities Co. Ltd. bought a new stake in iRobot in the 4th quarter valued at $59,000. Finally, Federated Hermes Inc. lifted its position in iRobot by 41.8% in the 4th quarter. Federated Hermes Inc. now owns 1,003,473 shares of the industrial products company’s stock valued at $7,777,000 after acquiring an additional 295,997 shares in the last quarter. Institutional investors and hedge funds own 77.42% of the company’s stock.

iRobot Stock Performance

Shares of IRBT opened at $2.37 on Wednesday. The stock has a market capitalization of $73.52 million, a price-to-earnings ratio of -0.52 and a beta of 1.14. iRobot Co. has a 12 month low of $1.76 and a 12 month high of $14.51. The firm has a fifty day simple moving average of $3.79 and a 200 day simple moving average of $6.76. The company has a current ratio of 1.45, a quick ratio of 0.94 and a debt-to-equity ratio of 1.24.

Analyst Ratings Changes

IRBT has been the topic of several recent research reports. Needham & Company LLC reissued a “hold” rating on shares of iRobot in a research note on Thursday, March 13th. StockNews.com lowered iRobot from a “hold” rating to a “sell” rating in a research report on Saturday, March 29th.

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.