Irobot Corporation (NASDAQ:IRBT) Short Interest Increased By 8.26%

About 803,652 shares traded or 9.68% up from the average. iRobot Corporation (NASDAQ:IRBT) has risen 150.93% since May 24, 2016 and is uptrending. It has outperformed by 134.23% the S&P500.The move comes after 5 months negative chart setup for the $2.64 billion company.

The stock of Irobot Corporation (NASDAQ:IRBT) registered an increase of 8.26% in short interest. Therefore 38% are positive. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. iRobot has an average rating of “Hold” and a consensus target price of $65.71.

02/10/2016 – Chardan Capital began new coverage on iRobot Corporation giving the company a “buy” rating. Needham maintained iRobot Corporation (NASDAQ:IRBT) rating on Thursday, October 27. Needham & Company LLC restated a “hold” rating on shares of iRobot in a research report on Saturday, April 22nd. Piper Jaffray downgraded the shares of IRBT in report on Monday, January 4 to “Neutral” rating. The legal version of this news story can be accessed at The stock has “Neutral” rating by Sidoti on Monday, November 14. JP Morgan upgraded the stock to “Neutral” rating in Wednesday, January 6 report. The rating was initiated by Dougherty & Company with “Buy” on Thursday, November 17. The rating was downgraded by Raymond James to “Market Perform” on Friday, September 18. Finally, Canaccord Genuity reiterated a “buy” rating and set a $90.00 price objective on shares of iRobot in a report on Wednesday, April 26th.

iRobot (NASDAQ:IRBT) traded up 1.66% on Friday, hitting $93.22. AgroFresh Solutions, Inc. has 0 buy ratings, 1 holds and 0 sells even after the stock tumbled -0.95% from its high of $7.45 to a $361.84 million market value through last close. It improved, as 20 investors sold IRBT shares while 62 reduced holdings. State of Alaska Department of Revenue raised its position in shares of iRobot by 2.4% in the first quarter. Macquarie stated it has 0.01% in iRobot Corporation (NASDAQ:IRBT). Jefferies maintained the shares of WMB in report on Tuesday, March 22 with “Buy” rating. Ahl Partners Limited Liability Partnership accumulated 17,318 shares or 0.03% of the stock. AlphaOne also gave news headlines about the industrial products company an impact score of 86 out of 100, indicating that recent news coverage is very likely to have an effect on the stock’s share price in the near future. Blackrock Institutional Trust Na holds 0.01% or 680,590 shares in its portfolio. Macquarie Gru Limited holds 0.01% or 45,100 shares in its portfolio. Hbk Sorce Advisory Ltd Liability Company holds 4,211 shares or 0.04% of its portfolio. Kbc Group Incorporated Nv invested in 0.02% or 33,874 shares. Louisiana State Employees Retirement has 0.03% invested in iRobot Corporation (NASDAQ:IRBT). Jane Street Grp Inc Ltd Liability Company reported 0% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Victory Capital Management Inc. raised its position in shares of iRobot by 3.7% in the third quarter. Northern reported 352,892 shares or 0.01% of all its holdings. Capital One National Association now owns 7,188 shares of the industrial products company’s stock worth $475,000 after buying an additional 74 shares during the period. It also upped Monsanto Co New (NYSE:MON) stake by 13,336 shares and now owns 137,286 shares.

iRobot (NASDAQ:IRBT) last released its quarterly earnings results on Tuesday, April 25th. They expect $-0.22 earnings per share, down 229.41% or $0.39 from last year’s $0.17 per share. Street analysts have a consensus EPS projection of $-0.22 for the current quarter.

Since December 8, 2016, it had 0 insider buys, and 6 selling transactions for $2.87 million activity. Another trade for 10,000 shares valued at $592,480 was made by CHWANG RONALD on Thursday, December 8. We have $86.69 PT which if reached, will make NASDAQ:IRBT worth $237.60 million less. 9,857 shares were sold by Angle Colin M, worth $625,032 on Tuesday, February 7.

The company’s consensus rating on Reuter’s scale remained unchanged from 3 to 3 during a month. The Georgia-based Herndon Capital Management Llc has invested 2.38% in the stock. Riverhead Ltd Com, Delaware-based fund reported 1,200 shares.

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