Ecovacs Deebot 601

When it comes to battery life, Ecovacs says the Deebot 601 can last up to 120 minutes. On Auto clean mode, it lasted about 112 minutes before I …

Robot vacuums are no longer prohibitively expensive. Even models with the ability to connect to your phone or respond to voice assistant commands can be had at entry-level prices, like our Editors’ Choice, the $229 Ecovacs Deebot N79S. So why spend more? In some cases the answer is simple. iRobot’s $950 Roomba i7+ can literally empty itself. In the case of the $329.99 Deebot 601, however, it’s a little less clear. The Deebot 601 does everything the N79S can, with longer battery life and the ability to clean in different patterns, but it isn’t terribly durable and doesn’t excel at navigation. You’re better off saving the extra $100 and picking up the N79S instead.

Design

At 13.9 inches in diameter and 3.3 inches tall, the circular Deebot 601 is well-suited for low-clearance furniture. It has an all-black plastic body with a sleek glossy finish. The top is minimal, with a power button to enable different cleaning modes, a Wi-Fi indicator light, and a cleaning mode light lined up next to one another. I’m concerned about durability, however—part of the front bumper peeled off after only a few weeks of testing.

The back is home to the power switch and reset button, along with a removable dust bin and release button. On the bottom you’ll find the main roller brush, dual spin brushes, charging contacts, anti-drop sensors, two main treads, and a swivel wheel.

The Deebot 601 comes with a docking station, a cleaning tool (to wipe off the bristles and brush on the bottom), and a remote control. The remote has a directional pad, along with buttons for different cleaning modes and to return the vacuum back to the dock.

Setup, App, and Voice Control

While you can use the 601 on its own, you can also pair it with your phone. Download the Ecovacs Home app, available for Android and iOS, turn the vacuum on, and hold the reset button until you hear a beep. The app will guide you through the setup process, which involves connecting the vacuum to your home Wi-Fi network.

The app has three different cleaning modes to choose from: Auto Cleaning, Edge to Edge, and Spot. Auto Cleaning mode, which Ecovacs suggests for carpets, follows a random cleaning pattern as the vacuum is set free to clean the entire house. Edge to Edge targets all the corners of your home, and Spot is for one specific area. For bare floors, there’s a programmed cleaning pattern called Hard Floor mode. When toggled, the vacuum cleans in an S-shaped pattern, which isn’t available on the less expensive Deebot N79S.

Screenshot of Ecovacs Home App with different cleaningi modes

The app also lets you schedule the vacuum to automatically start cleaning on a specific day and time, change cleaning patterns, switch the power from standard to maximum, access your cleaning history, and more. Under the Accessories Usage tab, you can view how much time you have left before you should replace the brushes. After using the 601 for a couple of weeks, both the main brush and side brush were still at 100 percent, while the filter was at 99 percent, so you won’t have to change them too often.

When the 601 is running, the app shows its status on the left, including the amount of surface area cleaned so far and the amount of time it’s been vacuuming for. Battery status is in the upper right corner, and the middle shows a visual pattern of the vacuum moving in real time.

Notifications live in a separate tab. I received messages alerting me of things like the main brush being tangled, the vacuum not being on the floor, or simply a low battery. When you tap on a specific notification, it explains how to fix the issue. But I found notifications were slow, and I wouldn’t receive an alert until about a minute or two after the vacuum had already encountered the issue.

Unfortunately, the Ecovacs Home app doesn’t include any steering controls. The Deebot N79S, on the other hand, connects to the Ecovacs app instead of the Home app, which includes a control pad you can use to steer from your phone.

I connected the 601 to my Google Home speaker using the Google Home app; it’s also compatible with Amazon Alexa. After connecting it, I used Google Assistant voice commands to start the vacuum and send it back to the dock.

Performance

The Deebot 601 is strong enough to suck up most messes, but it isn’t the most autonomous vacuum we’ve tested. It often got stuck on cords or tangled up with hair, requiring manual intervention. It also takes a while to maneuver itself out of crowded areas.

As with many affordable robot vacuums, the 601 struggles with figuring out where it has and hasn’t already cleaned. When set to Auto mode, it has a tendency to skip over rooms entirely, or will spend most of its time in one room and much less elsewhere. It also struggled with finding its way back to the dock in testing, leaving me to manually place it there myself when it took too long.

It can take a few tries for the vacuum to make it over tall thresholds, like molding on the floor between rooms. I also recommend moving any thick, shaggy obstacles out of the way. My bathroom rug proved to be too thick for the Deebot to pass over, so it would spend time pushing it to the side rather than vacuuming.

It performed better in Edge to Edge mode, recognizing all the corners of my apartment. Even though its round shape isn’t the best for this specific job, the dual brushes help to sweep dust toward it. As mentioned before, its height allows the 601 to slide underneath beds, dressers, and other low areas with ease. And, while you can definitely hear it vacuuming, the Deebot is relatively quiet.

I tested how well the vacuum sucks up different materials on hardwood floors using standard suction power. It did well with sand, picking up almost all of the particles. But it struggled with cat litter, leaving a slight film of debris that I had to direct it back over. I then tried rolled oats, and while the vacuum has the suction power to pull them in, its brushes swiped most of them away in opposite directions, creating an even bigger mess than I started with. Larger objects like Cheerios were scooped up without issue. And while the Deebot is capable of picking up hair, it would often spit it back out in the form of a hairball, leaving me to pick it up myself.

On the plus side, the Deebot has a nice, large dustbin. I was able to run it multiple times before having to dump out what was collected throughout my apartment.

When it comes to battery life, Ecovacs says the Deebot 601 can last up to 120 minutes. On Auto clean mode, it lasted about 112 minutes before I received an alert that its battery was running low, which was enough to clean through all of the rooms in my relatively small apartment more than once. That’s nearly on par with the iLife A4s, which has the longest battery life of all the budget robot vacuums we’ve tested. It’s also longer than the Deebot N79S, which lasted 95 minutes in our tests.

Conclusions

If you live in a home that consists of very little clutter, wide open spaces, and hardwood floors, the Deebot 601 is a decent choice for keeping things clean. But there’s simply not much of a reason to buy it instead of the Deebot N79S, which has almost the exact same features for $100 less (not to mention the ability to steer the vacuum from your phone). For something that can better handle cluttered spaces, meanwhile, check out the $375 iRobot Roomba 690. It comes with many of the same features as the Deebot 601, including app control and voice assistant compatibility, but its dual-mode virtual walls make it worth the extra money. You can use them to keep the vacuum from entering rooms or touching certain objects, for an even more autonomous cleaning experience.

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Insider Selling: iRobot Co. (IRBT) Director Sells 2000 Shares of Stock

(NASDAQ:IRBT) Director Deborah G. Ellinger sold 2,000 shares of iRobot … iRobot Corporation designs, builds, and sells robots for the consumer …

iRobot logoiRobot Co. (NASDAQ:IRBT) Director Deborah G. Ellinger sold 2,000 shares of iRobot stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $130.00, for a total transaction of $260,000.00. Following the transaction, the director now directly owns 16,726 shares in the company, valued at $2,174,380. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of IRBT traded down $0.52 during trading on Wednesday, reaching $129.16. 440,701 shares of the company traded hands, compared to its average volume of 753,206. iRobot Co. has a twelve month low of $56.61 and a twelve month high of $132.88. The stock has a market cap of $3.64 billion, a PE ratio of 29.62, a P/E/G ratio of 2.01 and a beta of 1.73.

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

A number of equities analysts have commented on the stock. Zacks Investment Research upgraded shares of iRobot from a “hold” rating to a “strong-buy” rating and set a $87.00 price target for the company in a research report on Monday, December 31st. Northland Securities reiterated a “buy” rating and set a $130.00 price target on shares of iRobot in a research report on Tuesday, April 9th. ValuEngine upgraded shares of iRobot from a “hold” rating to a “buy” rating in a research report on Wednesday, January 30th. Dougherty & Co cut shares of iRobot to a “hold” rating in a research report on Thursday, December 20th. Finally, BidaskClub upgraded shares of iRobot from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 14th. Eight analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. iRobot currently has an average rating of “Hold” and an average price target of $105.70.

Institutional investors and hedge funds have recently made changes to their positions in the business. North Star Investment Management Corp. acquired a new position in shares of iRobot in the fourth quarter valued at approximately $25,000. Capital Investment Advisory Services LLC acquired a new position in shares of 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 valued at approximately $58,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its holdings in shares of iRobot by 16.7% in the first quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 700 shares of the industrial products company’s stock valued at $82,000 after purchasing an additional 100 shares in the last quarter. Finally, Optimum Investment Advisors grew its holdings 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 valued at $84,000 after purchasing an additional 1,800 shares in the last quarter. Institutional investors and hedge funds own 97.16% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Insider Selling: iRobot Co. (IRBT) Director Sells 2,000 Shares of Stock” was first reported by Highlight Press and is the property of of Highlight Press. If you are accessing this piece of content on another domain, it was stolen and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://highlightpress.com/2019/04/17/insider-selling-irobot-co-irbt-director-sells-2000-shares-of-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 Story: Understanding debt-to-equity ratio in fundamental analysis

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

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Municipal Employees Retirement System of Michigan Purchases Shares of 7890 iRobot Co. (IRBT)

The firm acquired 7,890 shares of the industrial products company’s stock, … Bank of America Corp DE boosted its position in shares of iRobot by …

iRobot logoMunicipal Employees Retirement System of Michigan acquired a new stake in iRobot Co. (NASDAQ:IRBT) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,890 shares of the industrial products company’s stock, valued at approximately $661,000.

Other large investors have also added to or reduced their stakes in the company. Metropolitan Life Insurance Co. NY grew its stake in iRobot by 375.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 8,783 shares of the industrial products company’s stock valued at $735,000 after acquiring an additional 6,935 shares during the period. Squarepoint Ops LLC purchased a new position in shares of iRobot during the fourth quarter valued at approximately $1,674,000. Bank of America Corp DE boosted its position in shares of iRobot by 149.5% during the fourth quarter. Bank of America Corp DE now owns 58,087 shares of the industrial products company’s stock valued at $4,865,000 after buying an additional 34,803 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of iRobot by 1.5% during the fourth quarter. Principal Financial Group Inc. now owns 230,688 shares of the industrial products company’s stock valued at $19,318,000 after buying an additional 3,456 shares during the last quarter. Finally, Baillie Gifford & Co. boosted its position in shares of iRobot by 1.9% during the fourth quarter. Baillie Gifford & Co. now owns 710,334 shares of the industrial products company’s stock valued at $59,483,000 after buying an additional 13,335 shares during the last quarter. 97.16% of the stock is currently owned by institutional investors and hedge funds.

In other news, CFO Alison Dean sold 23,625 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $126.12, for a total value of $2,979,585.00. Following the completion of the transaction, the chief financial officer now owns 68,765 shares of the company’s stock, valued at approximately $8,672,641.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Russell J. Campanello sold 17,409 shares of the stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $120.93, for a total value of $2,105,270.37. Following the completion of the transaction, the executive vice president now directly owns 44,601 shares of the company’s stock, valued at approximately $5,393,598.93. The disclosure for this sale can be found here. Insiders have sold a total of 99,890 shares of company stock valued at $12,127,939 in the last ninety days. 3.51% of the stock is currently owned by corporate insiders.

Several research analysts recently issued reports on the company. Zacks Investment Research cut iRobot from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 10th. Northland Securities reissued a “buy” rating and issued a $130.00 price objective on shares of iRobot in a research report on Tuesday, April 9th. Needham & Company LLC lowered iRobot from a “buy” rating to a “hold” rating and set a $126.87 target price on the stock. in a research note on Tuesday, March 19th. They noted that the move was a valuation call. Sidoti lowered iRobot from a “buy” rating to a “neutral” rating and set a $118.00 price objective on the stock. in a research note on Thursday, February 21st. They noted that the move was a valuation call. Finally, Canaccord Genuity lowered iRobot from a “buy” rating to a “hold” rating and decreased their price objective for the company from $115.00 to $114.00 in a research note on Tuesday, February 19th. They noted that the move was a valuation call. Eight analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $105.70.

Shares of IRBT stock opened at $129.68 on Wednesday. The stock has a market cap of $3.62 billion, a P/E ratio of 29.74, a P/E/G ratio of 2.01 and a beta of 1.74. iRobot Co. has a 1-year low of $56.61 and a 1-year high of $132.88.

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

ILLEGAL ACTIVITY WARNING: “Municipal Employees Retirement System of Michigan Purchases Shares of 7,890 iRobot Co. (IRBT)” was originally posted by Fairfield Current and is the property of of Fairfield Current. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://www.fairfieldcurrent.com/news/2019/04/17/municipal-employees-retirement-system-of-michigan-purchases-shares-of-7890-irobot-co-irbt.html.

iRobot 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.

Further Reading: What is a Tariff?

Institutional Ownership by Quarter for iRobot (NASDAQ:IRBT)

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iRobot Co. (NASDAQ:IRBT) Shares Bought by Metropolitan Life Insurance Co. NY

Other institutional investors also recently bought and sold shares of the company. Squarepoint Ops LLC purchased a new position in iRobot during the …

iRobot logoMetropolitan Life Insurance Co. NY grew its stake in shares of iRobot Co. (NASDAQ:IRBT) by 375.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,783 shares of the industrial products company’s stock after acquiring an additional 6,935 shares during the period. Metropolitan Life Insurance Co. NY’s holdings in iRobot were worth $735,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Squarepoint Ops LLC purchased a new position in iRobot during the 4th quarter worth $1,674,000. Bank of America Corp DE boosted its holdings in shares of iRobot by 149.5% in the fourth quarter. Bank of America Corp DE now owns 58,087 shares of the industrial products company’s stock valued at $4,865,000 after acquiring an additional 34,803 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of iRobot by 1.5% in the fourth quarter. Principal Financial Group Inc. now owns 230,688 shares of the industrial products company’s stock valued at $19,318,000 after acquiring an additional 3,456 shares in the last quarter. Baillie Gifford & Co. boosted its holdings in shares of iRobot by 1.9% in the fourth quarter. Baillie Gifford & Co. now owns 710,334 shares of the industrial products company’s stock valued at $59,483,000 after acquiring an additional 13,335 shares in the last quarter. Finally, Lord Abbett & CO. LLC boosted its holdings in iRobot by 5.1% during the fourth quarter. Lord Abbett & CO. LLC now owns 374,123 shares of the industrial products company’s stock worth $31,329,000 after buying an additional 18,052 shares in the last quarter. 97.16% of the stock is owned by hedge funds and other institutional investors.

Shares of IRBT stock opened at $129.68 on Wednesday. The firm has a market capitalization of $3.62 billion, a PE ratio of 29.74, a PEG ratio of 2.01 and a beta of 1.74. iRobot Co. has a twelve month low of $56.61 and a twelve month high of $132.88.

iRobot (NASDAQ:IRBT) last posted its quarterly earnings results on Wednesday, February 6th. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.33. The firm had revenue of $384.67 million for the quarter, compared to analysts’ expectations of $381.87 million. iRobot had a net margin of 8.05% and a return on equity of 17.14%. The firm’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. As a group, analysts anticipate that iRobot Co. will post 3.1 EPS for the current fiscal year.

A number of research firms recently commented on IRBT. Zacks Investment Research downgraded shares of iRobot from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 10th. Canaccord Genuity cut shares of iRobot from a “buy” rating to a “hold” rating and cut their target price for the stock from $115.00 to $114.00 in a research report on Tuesday, February 19th. They noted that the move was a valuation call. Piper Jaffray Companies boosted their price objective on shares of iRobot from $82.00 to $96.00 and gave the company a “neutral” rating in a research report on Thursday, February 7th. Sidoti lowered shares of 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, Needham & Company LLC lowered shares of iRobot from a “buy” rating to a “hold” rating and set a $126.87 price objective for the company. in a research report on Tuesday, March 19th. They noted that the move was a valuation call. Eight investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. iRobot presently has a consensus rating of “Hold” and a consensus price target of $105.70.

In related news, EVP Russell J. Campanello sold 7,993 shares of the stock in a transaction dated Thursday, February 7th. The shares were sold at an average price of $101.00, for a total value of $807,293.00. Following the completion of the transaction, the executive vice president now owns 35,750 shares in the company, valued at approximately $3,610,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Alison Dean sold 23,625 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $126.12, for a total transaction of $2,979,585.00. Following the transaction, the chief financial officer now owns 68,765 shares of the company’s stock, valued at approximately $8,672,641.80. The disclosure for this sale can be found here. Insiders have sold 99,890 shares of company stock worth $12,127,939 over the last three months. 3.51% of the stock is owned by corporate insiders.

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by PressOracle and is owned by of PressOracle. If you are viewing this piece of content on another publication, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://pressoracle.com/news/2019/04/17/metropolitan-life-insurance-co-ny-grows-stake-in-irobot-co-irbt.html.

iRobot 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.

Further Reading: Strangles

Institutional Ownership by Quarter for iRobot (NASDAQ:IRBT)

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Juncture Wealth Strategies LLC Raises Position in iRobot Co. (IRBT)

Juncture Wealth Strategies LLC raised its stake in iRobot Co. … BlackRock Inc. increased its stake in iRobot by 1.0% during the 4th quarter. BlackRock …

iRobot logoJuncture Wealth Strategies LLC raised its stake in iRobot Co. (NASDAQ:IRBT) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,852 shares of the industrial products company’s stock after buying an additional 207 shares during the period. Juncture Wealth Strategies LLC’s holdings in iRobot were worth $689,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of IRBT. BlackRock Inc. increased its stake in iRobot by 1.0% during the 4th quarter. BlackRock Inc. now owns 3,943,958 shares of the industrial products company’s stock valued at $330,267,000 after purchasing an additional 38,284 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of iRobot by 1.0% in the third quarter. Vanguard Group Inc. now owns 2,639,442 shares of the industrial products company’s stock worth $290,128,000 after acquiring an additional 25,570 shares during the period. Symmetry Peak Management LLC bought a new stake in shares of iRobot in the third quarter worth approximately $2,473,000. Magnus Financial Group LLC bought a new stake in shares of iRobot in the fourth quarter worth approximately $327,000. Finally, Morgan Stanley grew its stake in shares of iRobot by 120.7% in the third quarter. Morgan Stanley now owns 824,043 shares of the industrial products company’s stock worth $90,579,000 after acquiring an additional 450,642 shares during the period. 97.16% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on the company. Zacks Investment Research raised iRobot from a “hold” rating to a “strong-buy” rating and set a $87.00 target price for the company in a research report on Monday, December 31st. Northland Securities restated a “buy” rating and set a $130.00 target price on shares of iRobot in a research note on Tuesday, April 9th. ValuEngine upgraded iRobot from a “hold” rating to a “buy” rating in a research note on Wednesday, January 30th. Dougherty & Co cut iRobot to a “hold” rating in a research note on Thursday, December 20th. Finally, BidaskClub upgraded iRobot from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 14th. Eight investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $105.70.

In related news, EVP Russell J. Campanello sold 17,409 shares of iRobot stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $120.93, for a total transaction of $2,105,270.37. Following the completion of the sale, the executive vice president now owns 44,601 shares of the company’s stock, valued at $5,393,598.93. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Russell J. Campanello sold 7,993 shares of iRobot stock in a transaction on Thursday, February 7th. The shares were sold at an average price of $101.00, for a total value of $807,293.00. Following the sale, the executive vice president now directly owns 35,750 shares of the company’s stock, valued at approximately $3,610,750. The disclosure for this sale can be found here. Insiders sold a total of 99,890 shares of company stock worth $12,127,939 over the last 90 days. Insiders own 3.51% of the company’s stock.

IRBT traded up $3.36 during trading hours on Tuesday, hitting $130.89. The company’s stock had a trading volume of 9,099 shares, compared to its average volume of 609,451. iRobot Co. has a fifty-two week low of $56.61 and a fifty-two week high of $132.88. The stock has a market cap of $3.62 billion, a P/E ratio of 30.04, a P/E/G ratio of 2.01 and a beta of 1.74.

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

ILLEGAL ACTIVITY NOTICE: “Juncture Wealth Strategies LLC Raises Position in iRobot Co. (IRBT)” was first posted by Fairfield Current and is the property of of Fairfield Current. If you are accessing this piece on another publication, it was copied illegally and republished in violation of international copyright laws. The correct version of this piece can be viewed at https://www.fairfieldcurrent.com/news/2019/04/16/juncture-wealth-strategies-llc-has-689000-position-in-irobot-co-irbt.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.

Read More: Market Capitalization

Institutional Ownership by Quarter for iRobot (NASDAQ:IRBT)

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