Christian Cerda Sells 14177 Shares of iRobot Co. (IRBT) Stock

(NASDAQ:IRBT) COO Christian Cerda sold 14,177 shares of iRobot stock in a … iRobot Corporation designs, builds, and sells robots for the consumer …

iRobot logoiRobot Co. (NASDAQ:IRBT) COO Christian Cerda sold 14,177 shares of iRobot stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $122.88, for a total value of $1,742,069.76. Following the transaction, the chief operating officer now owns 63,336 shares of the company’s stock, valued at $7,782,727.68. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Christian Cerda also recently made the following trade(s):

  • On Monday, January 7th, Christian Cerda sold 12,442 shares of iRobot stock. The stock was sold at an average price of $85.00, for a total value of $1,057,570.00.

Shares of IRBT opened at $123.98 on Wednesday. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 28.44, a price-to-earnings-growth ratio of 1.89 and a beta of 1.69. iRobot Co. has a fifty-two week low of $56.61 and a fifty-two week high of $132.88.

iRobot (NASDAQ:IRBT) last issued its quarterly earnings results on Wednesday, February 6th. The industrial products company reported $0.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.33. The company had revenue of $384.67 million during the quarter, compared to the consensus estimate of $381.87 million. iRobot had a return on equity of 17.14% and a net margin of 8.05%. iRobot’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 EPS. Equities research analysts anticipate that iRobot Co. will post 3.1 earnings per share for the current fiscal year.

IRBT has been the subject of several research reports. Dougherty & Co downgraded iRobot to a “hold” rating in a research report on Thursday, December 20th. ValuEngine upgraded iRobot from a “hold” rating to a “buy” rating in a research report on Wednesday, January 30th. Piper Jaffray Companies lifted their price objective on iRobot from $82.00 to $96.00 and gave the stock a “neutral” rating in a research report on Thursday, February 7th. Sidoti downgraded iRobot from a “buy” rating to a “neutral” rating and set a $118.00 price objective for the company. in a research report on Thursday, February 21st. They noted that the move was a valuation call. Finally, BidaskClub upgraded iRobot from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 14th. Six analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $96.33.

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in iRobot by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 2,639,442 shares of the industrial products company’s stock valued at $290,128,000 after acquiring an additional 25,570 shares during the last quarter. Symmetry Peak Management LLC acquired a new position in iRobot in the 3rd quarter valued at $2,473,000. Morgan Stanley raised its holdings in iRobot by 120.7% in the 3rd quarter. Morgan Stanley now owns 824,043 shares of the industrial products company’s stock valued at $90,579,000 after acquiring an additional 450,642 shares during the last quarter. MML Investors Services LLC acquired a new stake in shares of iRobot during the 3rd quarter worth $891,000. Finally, First Mercantile Trust Co. acquired a new stake in shares of iRobot during the 3rd quarter worth $220,000. Institutional investors own 98.50% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Christian Cerda Sells 14,177 Shares of iRobot Co. (IRBT) Stock” was originally posted by Highlight Press and is owned by of Highlight Press. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at https://highlightpress.com/2019/03/13/christian-cerda-sells-14177-shares-of-irobot-co-irbt-stock.html.

About iRobot

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stairs.

Featured Article: What is an investor looking for in an SEC filing?

Insider Buying and Selling by Quarter for iRobot (NASDAQ:IRBT)

Receive News & Ratings for iRobot Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for iRobot and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Can Continued Growth Fuel iRobot Corporation (NASDAQ:IRBT) To Reach New Levels?

iRobot Corporation (NASDAQ:IRBT) shares have been experiencing accelerated earnings and sales growth over the past five years. Over that time …

iRobot Corporation (NASDAQ:IRBT) shares have been experiencing accelerated earnings and sales growth over the past five years. Over that time frame the firm has seen earnings growth of 27.30% and sales growth of 17.50%.

Occasionally, a certain stock may perform much higher than expectations, and it may become a much greater percentage of the portfolio. This is typically a good thing, but it may require some decisions on what to do with the portfolio allocations. If one stock is making up a high percentage of the total, it may create the risk of higher than normal average losses if the shares take an unforeseen dive lower. Even if the stock has the potential to go much higher, it can be tricky to know when to sell and find other stocks that might be a better value. Selling a winner might leave the average investor frustrated if the stock goes higher, but there may be nothing wrong with taking profits and not leaving gains on the table. As we move into the second half of the year, investors may want to compare first half gains with goals that were established at the beginning of the year. This may help narrow in on what needs to be done in order to stay in the green for the rest of the year and beyond. Setting portfolio goals may be a good way to stay the course when things get a little hairy in the markets.

While the firm has enjoyed the upward movement, it’s important to look at analyst expectations and where the company is headed from here. On a consensus basis, analysts are projecting EPS growth of 25.83% for next year and have a $109.83 one year price target on the stock. The stock recently traded at $123.98.

Six Fundamental Characteristics of Great Growth Stocks

#6 Huge Mass Markets – The more potential customers there are, the greater the possibility that both the company, and the investment in said company, will be a success.

#5 Market Dominance/Barriers to Entry – Look for companies who hold patents. This is great barrier to entry, ensuring no competition. Look for companies who dominate the market, blowing away the competition, though market dominance can be harder to measure.

#4 Accelerating Earnings Growth – If a company’s earnings growth rate increases for two consecutive quarters, their growth is accelerating. Faster growth is better growth, and a company whose earnings growth rate is accelerating is an attractive investment.

#3 Triple-Digit Revenue Growth – Companies growing their revenues at triple-digit rates (100% or better) are usually smaller and less known, making them attractive for buying by institutions.

#2 High Profit Margins – In recent decades, high-margin stocks have beaten low-margin stocks by a huge amount.

#1 Top Notch, Innovative Management – All great managers who led their companies to success usually did so by thinking differently. There is no surefire and quick measurement of management talent. When you find a top manager, one with a record of prior success and accolades, you should strike. Top managers usually find a way to overcome obstacles.

Let’s take a look at how the stock has been performing recently. Over the past twelve months, iRobot Corporation (NASDAQ:IRBT)‘s stock was 48.05%. Over the last week of the month, it was -4.16%, 36.50% over the last quarter, and 19.91% for the past six months.

iRobot Corporation (NASDAQ:IRBT)’s EPS is 3.15. Last year, their EPS growth was 43.90% while their EPS growth over the past five years is 27.30%. Analysts are predicting iRobot Corporation’s stock to grow 25.83% over the next year and 18.00% over the next five.

When examining stocks, investors might be doing top down research. Top down analysis begins with looking at certain macro-economic factors. This may involve focusing in on the bigger picture and going all the way down to specific stocks. Starting at the top, investors may check on the global economic environment, overall market trends, and sector trends. Investors may choose to start doing research the other way around. This may involve first looking at the fundamentals for particular stocks in order to gauge the strength from a company standpoint. Many investors will scope out all the different investing aspects as to not leave any information uncovered.

Related Posts:

  • No Related Posts

iRobot Co. (IRBT) CEO Sells $1995760.80 in Stock

iRobot (NASDAQ:IRBT) last announced its earnings results on Wednesday, February 6th. The industrial products company reported $0.84 earnings …

iRobot logoiRobot Co. (NASDAQ:IRBT) CEO Colin M. Angle sold 16,272 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $122.65, for a total value of $1,995,760.80. Following the sale, the chief executive officer now owns 449,629 shares in the company, valued at $55,146,996.85. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

NASDAQ IRBT traded up $1.01 on Tuesday, reaching $123.98. The stock had a trading volume of 510,257 shares, compared to its average volume of 839,665. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 28.44, a PEG ratio of 1.89 and a beta of 1.69. iRobot Co. has a 12-month low of $56.61 and a 12-month high of $132.88.

iRobot (NASDAQ:IRBT) last announced its earnings results on Wednesday, February 6th. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.33. The company had revenue of $384.67 million for the quarter, compared to analyst estimates of $381.87 million. iRobot had a return on equity of 17.14% and a net margin of 8.05%. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.16 earnings per share. On average, analysts predict that iRobot Co. will post 3.1 EPS for the current fiscal year.

Several analysts have recently commented on the stock. ValuEngine raised shares of iRobot from a “hold” rating to a “buy” rating in a research report on Wednesday, January 30th. BidaskClub raised shares of iRobot from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 14th. Zacks Investment Research lowered shares of iRobot from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 3rd. Canaccord Genuity lowered shares of iRobot from a “buy” rating to a “hold” rating and reduced their price target for the company from $115.00 to $114.00 in a research report on Tuesday, February 19th. They noted that the move was a valuation call. Finally, Sidoti lowered shares of iRobot from a “buy” rating to a “neutral” rating and set a $118.00 price target on the stock. in a research report on Thursday, February 21st. They noted that the move was a valuation call. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. iRobot presently has an average rating of “Buy” and a consensus target price of $96.33.

Hedge funds and other institutional investors have recently made changes to their positions in the business. North Star Investment Management Corp. purchased a new stake in iRobot in the fourth quarter valued at approximately $25,000. Capital Investment Advisory Services LLC purchased a new stake in iRobot in the fourth quarter valued at approximately $39,000. Bruderman Asset Management LLC acquired a new position in shares of iRobot in the fourth quarter worth $58,000. Optimum Investment Advisors grew its stake in shares of iRobot by 225.0% in the fourth quarter. Optimum Investment Advisors now owns 1,000 shares of the industrial products company’s stock worth $84,000 after acquiring an additional 1,800 shares in the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of iRobot in the third quarter worth $127,000. 98.50% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: This story was reported by Baseball Daily News and is owned by of Baseball Daily News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.baseballdailydigest.com/news/2019/03/12/irobot-co-irbt-ceo-sells-1995760-80-in-stock.html.

About iRobot

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stairs.

Featured Article: Options Trading

Insider Buying and Selling by Quarter for iRobot (NASDAQ:IRBT)

Receive News & Ratings for iRobot Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for iRobot and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

iRobot Co. (IRBT) COO Sells $1742069.76 in Stock

iRobot Co. (NASDAQ:IRBT) COO Christian Cerda sold 14,177 shares of the business’s stock in a transaction on Tuesday, March 12th. The stock was …

iRobot logoiRobot Co. (NASDAQ:IRBT) COO Christian Cerda sold 14,177 shares of the business’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $122.88, for a total value of $1,742,069.76. Following the completion of the sale, the chief operating officer now directly owns 63,336 shares in the company, valued at $7,782,727.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Christian Cerda also recently made the following trade(s):

  • On Monday, January 7th, Christian Cerda sold 12,442 shares of iRobot stock. The stock was sold at an average price of $85.00, for a total value of $1,057,570.00.

Shares of NASDAQ:IRBT traded up $1.01 during midday trading on Tuesday, reaching $123.98. 510,257 shares of the company’s stock traded hands, compared to its average volume of 839,665. The company has a market cap of $3.41 billion, a P/E ratio of 28.44, a PEG ratio of 1.89 and a beta of 1.69. iRobot Co. has a one year low of $56.61 and a one year high of $132.88.

iRobot (NASDAQ:IRBT) last announced its quarterly earnings results on Wednesday, February 6th. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.33. The firm had revenue of $384.67 million for the quarter, compared to the consensus estimate of $381.87 million. iRobot had a return on equity of 17.14% and a net margin of 8.05%. The company’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 earnings per share. On average, sell-side analysts expect that iRobot Co. will post 3.1 EPS for the current year.

Several large investors have recently made changes to their positions in the company. Eaton Vance Management lifted its holdings in shares of iRobot by 5.4% during the fourth quarter. Eaton Vance Management now owns 3,508 shares of the industrial products company’s stock valued at $294,000 after purchasing an additional 179 shares in the last quarter. Piedmont Investment Advisors Inc. lifted its holdings in shares of iRobot by 4.4% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 6,575 shares of the industrial products company’s stock valued at $551,000 after purchasing an additional 277 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in iRobot by 7.7% in the fourth quarter. Penserra Capital Management LLC now owns 3,982 shares of the industrial products company’s stock valued at $333,000 after acquiring an additional 286 shares during the period. North Star Investment Management Corp. bought a new position in iRobot in the fourth quarter valued at about $25,000. Finally, Private Advisor Group LLC lifted its holdings in iRobot by 5.6% in the fourth quarter. Private Advisor Group LLC now owns 6,400 shares of the industrial products company’s stock valued at $536,000 after acquiring an additional 342 shares during the period. 98.50% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have commented on IRBT. Sidoti downgraded iRobot from a “buy” rating to a “neutral” rating and set a $118.00 target price on the stock. in a report on Thursday, February 21st. They noted that the move was a valuation call. Canaccord Genuity downgraded iRobot from a “buy” rating to a “hold” rating and dropped their target price for the stock from $115.00 to $114.00 in a report on Tuesday, February 19th. They noted that the move was a valuation call. BidaskClub raised iRobot from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 14th. Piper Jaffray Companies boosted their target price on iRobot from $82.00 to $96.00 and gave the stock a “neutral” rating in a report on Thursday, February 7th. Finally, ValuEngine raised iRobot from a “hold” rating to a “buy” rating in a report on Wednesday, January 30th. Six research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. iRobot currently has a consensus rating of “Buy” and an average price target of $96.33.

ILLEGAL ACTIVITY NOTICE: This news story was posted by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.fairfieldcurrent.com/news/2019/03/13/irobot-co-irbt-coo-sells-1742069-76-in-stock.html.

iRobot Company Profile

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stairs.

Recommended Story: Convertible Shares

Insider Buying and Selling by Quarter for iRobot (NASDAQ:IRBT)

Receive News & Ratings for iRobot Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for iRobot and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Quarterly Gainer: iRobot Corporation (IRBT) stock performed 34.09%

On March 11, iRobot Corporation (IRBT) shares have been seen trading -7.46% off its 52 week- peak value and changed 117.22% from its 52 …

On March 11, iRobot Corporation (IRBT) shares have been seen trading -7.46% off its 52 week- peak value and changed 117.22% from its 52 week-bottom price value. The “percentage off the 52-week high or low” refers to when a stock current price is relative to where it has traded over the last 52 weeks. This gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range.

Volume and Price

Shares of iRobot Corporation (IRBT) were valued at $122.97 and moved 0.63% as of a recent closing trade. A total volume of 0.82 million shares were traded versus to average volume of 0.8 million shares.

Relative Strength Index (RSI)

iRobot Corporation (IRBT)’s Relative Strength Index (RSI) is 63.27. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

Twenty-day SMA is useful at identifying swing trading trends lasting twenty days. Shorter moving average timeframes are more sensitive to price fluctuations and can pick up on trend changes more quickly than longer-term moving averages. However, these more frequent signals may also result in more “whipsaws”, resulting in erroneous trade signals. IRBT recently closed with rise of 2.15% to its twenty-Day SMA. This short time frame picture represents an upward movement of current price over average price of last twenty days.

Performance

iRobot Corporation (IRBT) held 27.68 million outstanding shares currently. The company have shares float of 27.26 million. Now have a look at past performance (weekly performance to year to date performance) how iRobot Corporation (IRBT) has been moved; whether it performed well or not. IRBT reported a change of -5.97% over the last week and performed 25.43% over the last month while its year to date (YTD) performance revealed an activity trend of 46.85%. The stock’s quarterly performance specifies a shift of 34.09%, and its last twelve month performance is stands at 83.73% while moved 17.60% for the past six months.

Volatility

Average True Range (14) for iRobot Corporation (IRBT) is stands at 4.51. ATR is a volatility indicator. Volatility measures the strength of the price action, and is often overlooked for clues on market direction.

Over the past week, the company showed volatility of 3.26%. Moving out to look at the previous month volatility move, the stock is at 3.95%. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile..

Beta measures volatility or systematic risk, of a stock or a portfolio in comparison to the market as a whole. 1 shows stock moves with market. 1 indicates more volatile than the market. The stock’s beta is 1.75.

Analyst mean recommendation rating on a stock by the analyst community is at 2.70. Analyst rating score as published on FINVIZ are rated on a 1 to 5 scale. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating.

Related Posts:

  • No Related Posts