[breadcrumb_custom]

Is Irobot Corp (NASDAQ: IRBT) Stock An Instant Disaster Or An Incredible Opportunity?

In the last trading session, 2.12 million Irobot Corp (NASDAQ:IRBT) shares changed hands as the company’s beta touched 0.98. With the company’s per share price at $13.65 changed hands at $0.49 or 3.72% during last session, the market valuation stood at $380.43M. IRBT’s last price was a discount, traded about -277.22% off its 52-week high of $51.49. The share price had its 52-week low at $11.82, which suggests the last value was 13.41% up since then. When we look at Irobot Corp’s average trading volume, we note the 10-day average is 4.58 million shares, with the 3-month average coming to 0.93.

Irobot Corp (NASDAQ:IRBT) trade information

Instantly IRBT was in green as seen at the end of in last trading. With action 4.92%, the performance over the past five days has been green. The jump to weekly highs of 14.06 added 3.72% to the stock’s daily price. The company’s shares are showing year-to-date downside of -64.73%, with the 5-day performance at 4.92% in the green. However, in the 30-day time frame, Irobot Corp (NASDAQ:IRBT) is -54.12% down. Looking at the short shares, we see there were 7.95 million shares sold at short interest cover period of 1.81 days.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Irobot Corp (NASDAQ:IRBT)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 1.73% of Irobot Corp shares while 83.01% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 84.48%. There are 83.01% institutions holding the Irobot Corp stock share, with Blackrock Inc. the top institutional holder. As of Jun 29, 2023, the company held 16.89% of the shares, roughly 4.68 million IRBT shares worth $211.63 million.

Vanguard Group Inc holds the second largest percentage of outstanding shares, with 10.59% or 2.93 million shares worth $132.72 million as of Jun 29, 2023.

Among Mutual Funds, the top two as of Sep 29, 2023 were iShares Core S&P Smallcap ETF and Primecap Odyssey Growth Fund. With 1.86 million shares estimated at $70.61 million under it, the former controlled 6.73% of total outstanding shares. On the other hand, Primecap Odyssey Growth Fund held about 3.76% of the shares, roughly 1.04 million shares worth around $41.62 million.

On Key

Related Posts