Simplex Trading adds iRobot Corporation (IRBT) to its portfolio

iRobot Corporation (IRBT) : Simplex Trading added new position in iRobot Corporation during the most recent quarter end. The investment management firm now holds 7,384 shares of iRobot Corporation which is valued at $318,250 , the company said in a statement filed on Oct 7, 2016 with the SEC.iRobot Corporation makes up approximately 0.04% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Independent Portfolio Consultants reduced its stake in IRBT by selling 255 shares or 1.81% in the most recent quarter. The Hedge Fund company now holds 13,800 shares of IRBT which is valued at $599,886. iRobot Corporation makes up approx 0.19% of Independent Portfolio Consultants’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in IRBT by selling 18,379 shares or 65.76% in the most recent quarter. The Hedge Fund company now holds 9,569 shares of IRBT which is valued at $415,964.Bath Savings Trust Co reduced its stake in IRBT by selling 3,460 shares or 22.95% in the most recent quarter. The Hedge Fund company now holds 11,618 shares of IRBT which is valued at $505,034. iRobot Corporation makes up approx 0.16% of Bath Savings Trust Co’s portfolio.

iRobot Corporation closed down -0.56 points or -1.28% at $43.1 with 1,19,769 shares getting traded on Friday. Post opening the session at $45.01, the shares hit an intraday low of $42.91 and an intraday high of $45.01 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, iRobot Corporation reported $0.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.07. The company had revenue of $130.80 million for the quarter, compared to analysts expectations of $128.37 million. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS.

iRobot Corporation is a United States-based company which designs and builds robots. The Company is engaged in delivering robotic technology-based solutions. The Company’s segments include home robots defense and security and other. Its home robots segment offers products to consumers through a network of retail businesses throughout the United States to various countries through international distributors and retailers and through the Company’s online store. Its defense and security robots segment offers products to the United States Department of Defense through the United States government-focused sales force and distributors and to other North American and international entities through small domestic and international sales teams as well as through North American and international distributors. Its brands include Roomba Ava Scooba Mint ViPR Create PackBot FirstLook iAdapt Aware Home Base Looj Braava Kobra AeroVac Mirra and Virtual Wall among others.

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