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iRobot Corp. (NASDAQ:IRBT) CEO Colin Angle sold 14,599 shares of the company’s stock on the open market in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $34.26, for a total value of $500,161.74. Following the sale, the chief executive officer now directly owns 606,333 shares of the company’s stock, valued at approximately $20,772,969. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of iRobot Corp. (NASDAQ:IRBT) traded up 0.32% during mid-day trading on Friday, hitting $34.87. 570,048 shares of the company’s stock traded hands. iRobot Corp. has a one year low of $19.64 and a one year high of $41.12. The stock has a 50-day moving average of $33.09 and a 200-day moving average of $35.1. The company has a market cap of $1.007 billion and a P/E ratio of 54.23.

iRobot Corp. (NASDAQ:IRBT) last announced its earnings results on Wednesday, October 23rd. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.02. The company had revenue of $124.50 million for the quarter, compared to the consensus estimate of $127.35 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. On average, analysts predict that iRobot Corp. will post $0.94 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on IRBT shares. Analysts at Raymond James upgraded shares of iRobot Corp. from an “outperform” rating to a “strong-buy” rating in a research note to investors on Tuesday, December 17th. They now have a $39.00 price target on the stock, up previously from $5.80. Separately, analysts at Sidoti upgraded shares of iRobot Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 16th. Finally, analysts at JPMorgan Chase & Co. upgraded shares of iRobot Corp. from an “underweight” rating to a “neutral” rating in a research note to investors on Thursday, December 12th. They now have a $20.00 price target on the stock. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $33.77.

iRobot Corporation develops and manufactures robotic solutions to real-world problems. The Company provides robotic technology and supplies developers with an industry standard platform to create robotic applications.

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