Sen. Ron Wyden Sells Off Shares of iRobot Co. (NASDAQ:IRBT)

Senator Ron Wyden (D-Oregon) recently sold shares of iRobot Co. (NASDAQ:IRBT). In a filing disclosed on February 21st, the Senator disclosed that they had sold between $1,001 and $15,000 in iRobot stock on February 6th.

Senator Ron Wyden also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Eli Lilly and Company (NYSE:LLY) on 2/10/2025.
• Sold $1,001 – $15,000 in shares of Solventum (NYSE:SOLV) on 2/6/2025.
• Purchased $50,001 – $100,000 in shares of Eli Lilly and Company (NYSE:LLY) on 1/22/2025.

iRobot Stock Down 8.1 %

NASDAQ:IRBT opened at $8.74 on Monday. iRobot Co. has a twelve month low of $5.83 and a twelve month high of $14.51. The firm has a market capitalization of $267.18 million, a price-to-earnings ratio of -1.90 and a beta of 0.80. The company has a quick ratio of 0.94, a current ratio of 1.45 and a debt-to-equity ratio of 1.24. The stock’s 50 day moving average price is $8.68 and its two-hundred day moving average price is $8.10.

Analyst Ratings Changes

A number of equities analysts recently weighed in on IRBT shares. StockNews.com downgraded shares of iRobot from a “hold” rating to a “sell” rating in a report on Saturday, January 25th. Needham & Company LLC reaffirmed a “hold” rating on shares of iRobot in a report on Tuesday, January 21st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new stake in iRobot during the 4th quarter valued at $59,000. Olympiad Research LP acquired a new stake in shares of iRobot during the 3rd quarter worth about $89,000. SG Americas Securities LLC bought a new stake in shares of iRobot during the 4th quarter worth about $97,000. Quest Partners LLC grew its stake in iRobot by 39.8% in the 3rd quarter. Quest Partners LLC now owns 11,546 shares of the industrial products company’s stock valued at $100,000 after buying an additional 3,285 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in iRobot by 96.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 12,147 shares of the industrial products company’s stock valued at $106,000 after acquiring an additional 5,970 shares during the period. 77.42% of the stock is currently owned by institutional investors.

About Senator Wyden

Ron Wyden (Democratic Party) is a member of the U.S. Senate from Oregon. He assumed office on January 30, 1996. His current term ends on January 3, 2029. Wyden (Democratic Party, Independent Party) ran for re-election to the U.S. Senate to represent Oregon. He won in the general election on November 8, 2022. He advanced from the Democratic primary on May 17, 2022. In 2018, the Town Hall Project, which described itself as “a citizen powered, grassroots effort that empowers constituents across the country to have face-to-face conversations with their elected representatives,” named Wyden town hall MVP for the second year in a row. According to OregonLive, Wyden held over 900 town hall meetings between 1996 and 2018. Wyden previously served in the U.S. House of Representatives, representing Oregon’s 3rd Congressional District from 1981 to 1996. As of a 2014 analysis of multiple outside rankings, Wyden is an average Democratic member of Congress, meaning he will vote with the Democratic Party on the majority of bills.

About iRobot

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.