<div id="readability-page-1"><p>Shares of iRobot Corporation (NASDAQ:IRBT - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.37 and traded as high as $5.90. iRobot shares last traded at $4.89, with a volume of 7,080,412 shares.</p><h2>Analyst Ratings Changes</h2><ul><li>Finding new technology to invest in: A guide</li></ul><p>Several research firms have recently weighed in on IRBT. Weiss Ratings  reiterated a &#34;sell (e+)&#34; rating on shares of iRobot in a report on Wednesday, October 8th. Wall Street Zen lowered shares of iRobot from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Friday, October 3rd. Finally, Needham &amp; Company LLC  reiterated a &#34;hold&#34; rating on shares of iRobot in a report on Thursday, August 14th. One equities research analyst  has rated the stock with a Hold rating and one  has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Reduce&#34;.</p><p><b>View Our Latest Report on iRobot</b></p><h2>iRobot Stock Performance</h2><ul><li>This tech giant's end-of-year rally has just begun</li></ul><p>The firm's 50-day simple moving average is $3.73 and its 200 day simple moving average is $3.37. The stock has a market capitalization of $153.40 million, a P/E ratio of -0.78 and a beta of 0.95. </p><p>iRobot (NASDAQ:IRBT - Get Free Report) last released its earnings results on Thursday, August 7th. The industrial products company reported ($0.27) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.91) by $0.64. iRobot had a negative return on equity of 296.63% and a negative net margin of 32.55%.The business had revenue of $127.60 million for the quarter, compared to the consensus estimate of $125.00 million.  As a group, research analysts expect that  iRobot Corporation will post -5.74 earnings per share for the current fiscal year. </p><h2>Hedge Funds Weigh In On iRobot</h2><ul><li>7 Best Robotics Stocks to Buy Now</li></ul><p>Several hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase &amp; Co. increased its holdings in  iRobot by 165.1% during the second quarter. JPMorgan Chase &amp; Co. now owns 1,023,401 shares of the industrial products company's stock worth $3,203,000 after buying an additional 637,392 shares during the last quarter.  Bank of America Corp DE grew its position in shares of  iRobot by 178.3% in the 2nd quarter. Bank of America Corp DE now owns 898,027 shares of the industrial products company's stock valued at $2,811,000 after acquiring an additional 575,312 shares during the period.  Goldman Sachs Group Inc. increased its stake in shares of  iRobot by 26.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,039 shares of the industrial products company's stock worth $1,404,000 after purchasing an additional 107,257 shares during the last quarter.  Private Advisor Group LLC raised its holdings in shares of  iRobot by 317.2% in the 1st quarter. Private Advisor Group LLC now owns 462,880 shares of the industrial products company's stock valued at $1,250,000 after purchasing an additional 351,925 shares during the period.  Finally, Charles Schwab Investment Management Inc. lifted its stake in  iRobot by 13.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 412,722 shares of the industrial products company's stock valued at $1,114,000 after purchasing an additional 49,523 shares during the last quarter. 77.42% of the stock is owned by institutional investors. </p><h2>About iRobot</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than iRobot</li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>Salesforce’s Long-Awaited Inflection is Here: Rally On!</li><li>Where to Find Earnings Call Transcripts</li><li>Rocket Lab USA Receives Wall Street Validation: Time to Buy?</li><li>Top Stocks Investing in 5G Technology</li><li>Archer Buys Rival's Patent Treasure Trove in Strategic Move</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in iRobot Right Now?</h2><p>Before you consider iRobot, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iRobot wasn't on the list.</p><p>While iRobot currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

IRBT

<p>iRobot (NASDAQ:IRBT) shares have crossed above their 200-day moving average of $3.37, reaching a high of $5.90 before last trading at $4.89. Analysts have mixed ratings, with Weiss Ratings maintaining a 'sell' and Needham & Company a 'hold'. The company reported a quarterly revenue of $127.60 million, surpassing estimates, but has a negative EPS of ($0.27). Institutional investors hold 77.42% of the stock, with significant increases in holdings from JPMorgan and Bank of America.</p>

iRobot (NASDAQ:IRBT) Share Price Passes Above 200 Day Moving Average - Here's Why