iRobot (IRBT) Reaches $65.65 After 9.00% Down Move; Altisource Asset Management (AAMC)’s Sentiment Is 1.17

April 17, 2018 - By Peter Erickson

iRobot Corporation (NASDAQ:IRBT) Logo

The stock of iRobot Corporation (NASDAQ:IRBT) is a huge mover today! The stock decreased 1.96% or $1.31 during the last trading session, reaching $65.65. About 500,544 shares traded. iRobot Corporation (NASDAQ:IRBT) has risen 4.44% since April 17, 2017 and is uptrending. It has underperformed by 7.11% the S&P500.The move comes after 6 months negative chart setup for the $1.85 billion company. It was reported on Apr, 17 by We have $59.74 PT which if reached, will make NASDAQ:IRBT worth $166.05 million less.

Altisource Asset Management Corp (AAMC) investors sentiment decreased to 1.17 in Q4 2017. It’s down -0.83, from 2 in 2017Q3. The ratio worsened, as 7 investment professionals increased and started new holdings, while 6 decreased and sold stock positions in Altisource Asset Management Corp. The investment professionals in our database now hold: 551,544 shares, up from 539,119 shares in 2017Q3. Also, the number of investment professionals holding Altisource Asset Management Corp in top ten holdings increased from 0 to 1 for an increase of 1. Sold All: 2 Reduced: 4 Increased: 5 New Position: 2.

Twin Securities Inc. holds 0.6% of its portfolio in Altisource Asset Management Corporation for 50,221 shares. Kazazian Asset Management Llc owns 5,800 shares or 0.48% of their US portfolio. Moreover, Gratia Capital Llc has 0.28% invested in the company for 13,745 shares. The Massachusetts-based Putnam Investments Llc has invested 0.05% in the stock. Atlantic Trust Group Llc, a Georgia-based fund reported 74 shares.

Altisource Asset Management Corporation, an asset management company, provides portfolio management and corporate governance services to institutional investors in the United States. The company has market cap of $99.72 million. The firm offers its services under an asset management agreement to Altisource Residential Corporation, which acquires and manages single-family rental properties for working class families. It currently has negative earnings. It also provides management services to NewSource Reinsurance Company Ltd.

The stock increased 0.16% or $0.1 during the last trading session, reaching $62.25. About 117 shares traded. Altisource Asset Management Corporation (AAMC) has declined 18.93% since April 17, 2017 and is downtrending. It has underperformed by 30.48% the S&P500.

Analysts await iRobot Corporation (NASDAQ:IRBT) to report earnings on April, 24 after the close. They expect $0.53 earnings per share, up 1.92% or $0.01 from last year’s $0.52 per share. IRBT’s profit will be $14.89 million for 30.97 P/E if the $0.53 EPS becomes a reality. After $0.54 actual earnings per share reported by iRobot Corporation for the previous quarter, Wall Street now forecasts -1.85% negative EPS growth.

Investors sentiment decreased to 1.04 in 2017 Q4. Its down 0.03, from 1.07 in 2017Q3. It dived, as 41 investors sold iRobot Corporation shares while 60 reduced holdings. 37 funds opened positions while 68 raised stakes. 23.67 million shares or 6.34% more from 22.26 million shares in 2017Q3 were reported. Gsa Cap Prtn Ltd Liability Partnership accumulated 34,100 shares. Teachers Retirement System Of The State Of Kentucky reported 9,700 shares stake. Savings Bank Of Montreal Can holds 18,548 shares or 0% of its portfolio. Credit Suisse Ag stated it has 0.03% in iRobot Corporation (NASDAQ:IRBT). Nomura Hldgs Inc has 17,112 shares for 0% of their portfolio. Zacks Invest Mgmt invested in 3,356 shares. Pnc Fin Group Inc owns 342 shares or 0% of their US portfolio. Fincl Bank Of America De holds 0% in iRobot Corporation (NASDAQ:IRBT) or 41,401 shares. Aperio Group holds 8,223 shares or 0% of its portfolio. Jane Street Grp reported 15,196 shares. West Oak Capital reported 0.5% in iRobot Corporation (NASDAQ:IRBT). Advisory Svcs Network Lc reported 3,034 shares stake. Fisher Asset Mgmt Ltd Liability Corp owns 24,069 shares or 0% of their US portfolio. Legal And General Gp Public Limited Com holds 0% or 55,184 shares. Pinebridge Invests Ltd Partnership reported 0.02% in iRobot Corporation (NASDAQ:IRBT).

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. The company has market cap of $1.85 billion. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stair; and Looj Gutter Cleaning Robot. It has a 37.09 P/E ratio.

Among 13 analysts covering IRobot Corporation (NASDAQ:IRBT), 5 have Buy rating, 0 Sell and 8 Hold. Therefore 38% are positive. IRobot Corporation had 33 analyst reports since September 18, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, February 9 by Canaccord Genuity. The firm earned “Hold” rating on Monday, July 3 by Dougherty. The stock of iRobot Corporation (NASDAQ:IRBT) earned “Neutral” rating by on Monday, July 3. The firm earned “Hold” rating on Friday, February 9 by J.P. Morgan. The rating was maintained by Dougherty on Thursday, October 26 with “Hold”. The rating was downgraded by Sidoti on Tuesday, January 30 to “Hold”. On Thursday, October 26 the stock rating was maintained by Needham with “Hold”. Citigroup initiated iRobot Corporation (NASDAQ:IRBT) on Monday, December 4 with “Hold” rating. On Monday, October 17 the stock rating was maintained by Benchmark with “Buy”. The stock has “Hold” rating by Canaccord Genuity on Wednesday, October 25.

iRobot Corporation (NASDAQ:IRBT) Institutional Positions Chart

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By1 Peter Erickson

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