Irobot Corp (IRBT) Files Form 4 Insider Selling : Glen Daniel Weinstein Sells 4,225 Shares

Irobot Corp (IRBT): Glen Daniel Weinstein , EVP and Chief Legal Officer of Irobot Corp sold 4,225 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $43.99 per share for a total value of $185,867.89 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 22, 2016, Russell J Campanello (EVP Human Resources, Corp Comm) sold 10,000 shares at $42.52 per share price.On Sep 22, 2016, Glen Daniel Weinstein (EVP and Chief Legal Officer) sold 2,000 shares at $42.50 per share price.Also, On Aug 12, 2016, Ronald Chwang (director) sold 10,000 shares at $40.11 per share price.On Aug 10, 2016, Andrea Geisser (director) sold 3,243 shares at $40.19 per share price.

iRobot Corporation: On Thursday, Sep 22, 2016 heightened volatility was witnessed in iRobot Corporation which led to swings in the share price. The shares opened for trading at $43.63 and hit $44.2 on the upside , eventually ending the session at $43.23, with a gain of 0.15% or 0.065 points. The heightened volatility saw the trading volume jump to 4,41,347 shares. The 52-week high of the share price is $43.28 and the company has a market cap of $1,175 M . The 52-week low of the share price is at $28.02.

iRobot Corporation Money Flow Index Chart

iRobot Corporation is a United States-based company which designs and builds robots. The Company is engaged in delivering robotic technology-based solutions. The Company’s segments include home robots defense and security and other. Its home robots segment offers products to consumers through a network of retail businesses throughout the United States to various countries through international distributors and retailers and through the Company’s online store. Its defense and security robots segment offers products to the United States Department of Defense through the United States government-focused sales force and distributors and to other North American and international entities through small domestic and international sales teams as well as through North American and international distributors. Its brands include Roomba Ava Scooba Mint ViPR Create PackBot FirstLook iAdapt Aware Home Base Looj Braava Kobra AeroVac Mirra and Virtual Wall among others.

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