Irobot Corp (NASDAQ:IRBT) Lost -54.37% In A Week: What’s Driving The Stock?

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In last trading session, Irobot Corp (NASDAQ:IRBT) saw 7.98 million shares changing hands with its beta currently measuring 1.05. Company’s recent per share price level of $3.06 trading at -$1.0 or -24.75% at ring of the bell on the day assigns it a market valuation of $93.36M. That closing price of IRBT’s stock is at a discount of -374.18% from its 52-week high price of $14.51 and is indicating a discount of -18.63% from its 52-week low price of $3.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.86 million shares which gives us an average trading volume of 2.20 million if we extend that period to 3-months.

For Irobot Corp (IRBT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Irobot Corp (NASDAQ:IRBT) trade information

Upright in the red during last session for losing -24.75%, in the last five days IRBT remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $3.06 price level, adding 57.38% to its value on the day. Irobot Corp’s shares saw a change of -60.58% in year-to-date performance and have moved -54.37% in past 5-day. Irobot Corp (NASDAQ:IRBT) showed a performance of -68.28% in past 30-days. Number of shares sold short was 5.18 million shares which calculate 2.7 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 65 to the stock, which implies a rise of 95.29% to its current value. Analysts have been projecting 45 as a low price target for the stock while placing it at a high target of 85. It follows that stock’s current price would drop -1370.59% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1370.59% for stock’s current value.

Irobot Corp (NASDAQ:IRBT)’s Major holders

Insiders are in possession of 4.87% of company’s total shares while institution are holding 59.73 percent of that, with stock having share float percentage of 62.79%. Investors also watch the number of corporate investors in a company very closely, which is 59.73% institutions for Irobot Corp that are currently holding shares of the company. AMERIPRISE FINANCIAL INC is the top institutional holder at IRBT for having 2.59 million shares of worth $23.63 million. And as of 2024-06-30, it was holding 8.851 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 2.23 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.9152 of outstanding shares, having a total worth of $20.31 million.

On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 903.93 shares of worth $2.76 million or 2.96% of the total outstanding shares. The later fund manager was in possession of 793.91 shares on Dec 31, 2024 , making its stake of worth around $2.43 million in the company or a holder of 2.60% of company’s stock.