News stories about iRobot (NASDAQ:IRBT) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. iRobot earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 44.8270644144748 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
iRobot (IRBT) traded down $1.29 on Friday, reaching $88.62. 753,395 shares of the company’s stock were exchanged, compared to its average volume of 775,745. iRobot has a 1 year low of $52.12 and a 1 year high of $109.78. The firm has a market capitalization of $2,450.00, a P/E ratio of 42.00, a P/E/G ratio of 1.60 and a beta of 0.94.
Several equities research analysts have recently issued reports on IRBT shares. BidaskClub upgraded shares of iRobot from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 27th. Zacks Investment Research upgraded shares of iRobot from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a research note on Tuesday, October 17th. Citigroup started coverage on shares of iRobot in a research note on Monday, December 4th. They set a “neutral” rating and a $74.00 price target on the stock. Sidoti upgraded shares of iRobot from a “neutral” rating to a “buy” rating in a research note on Friday, October 27th. Finally, Piper Jaffray Companies decreased their price target on shares of iRobot to $69.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a strong buy rating to the company’s stock. iRobot currently has a consensus rating of “Hold” and an average price target of $70.75.
In other iRobot news, CEO Colin M. Angle sold 45,200 shares of iRobot stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $80.06, for a total transaction of $3,618,712.00. Following the completion of the transaction, the chief executive officer now directly owns 534,663 shares of the company’s stock, valued at $42,805,119.78. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andrew Miller sold 441 shares of iRobot stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $80.11, for a total value of $35,328.51. Following the transaction, the director now directly owns 4,670 shares of the company’s stock, valued at $374,113.70. The disclosure for this sale can be found here. 4.49% of the stock is owned by insiders.
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iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The Company’s portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. The Company sells various products that are designed for use at home.
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