KD Logo

The Potential Rise in the Price of Irobot Corp (IRBT) following insiders activity

In a filing, Irobot Corp revealed its Officer JULIE ZEILER acquired Company’s shares for reported $3265.0 on Dec 17 ’24. In the deal valued at $8.92 per share,366 shares were bought.

Then, ZEILER JULIE sold 451 shares, generating $3,288 in total proceeds. Upon selling the shares at $7.29, the EVP, Chief Financial Officer now owns 117,604 shares.

Before that, JULIE ZEILER bought 451 shares. Irobot Corp shares valued at $3,263 were divested by the Officer at a price of $7.24 per share.

JP Morgan downgraded its Irobot Corp [IRBT] rating to an Underweight from a a Neutral in a research note published on May 06, 2022; the price target was decreased to $45 from $65. A number of analysts have revised their coverage, including Northland Capital’s analysts, who increased its forecast for the stock in late March from “a Market perform” to “an Outperform”. JP Morgan also remained covering IRBT and has decreased its forecast on July 29, 2021 with a “Neutral” recommendation from previously “an Overweight” rating. JP Morgan revised its rating on February 11, 2021. It rated IRBT as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of IRBT

On Tuesday, Irobot Corp [NASDAQ:IRBT] saw its stock fall -3.78% to $12.22. Over the last five days, the stock has gained 55.27%. Irobot Corp shares have risen nearly 57.68% since the year began. Nevertheless, the stocks have fallen -67.43% over the past one year. While a 52-week high of $38.36 was reached on 01/06/25, a 52-week low of $5.83 was recorded on 01/02/25. SMA at 50 days reached $8.13, while 200 days put it at $8.66.

Levels Of Support And Resistance For IRBT Stock

The 24-hour chart illustrates a support level at 11.60, which if violated will result in even more drops to 10.97. On the upside, there is a resistance level at 12.75. A further resistance level may holdings at 13.27. The Relative Strength Index (RSI) on the 14-day chart is 74.54, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.96, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.29%. Stochastics %K at 92.48% indicates the stock is a selling.

How much short interest is there in Irobot Corp?

A steep rise in short interest was recorded in Irobot Corp stocks on 2024-12-13, dropping by -1.01 million shares to a total of 2.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.01 million shares. There was a decline of -33.91%, which implies that there is a negative sentiment for the stock.

Most Popular