Adage Capital Partners Gp Has Decreased Western Alliance Bancorp (WAL) Holding; iRobot (IRBT) Had 4 Analysts Last Week

January 13, 2018 - By Dolores Ford

Adage Capital Partners Gp Llc decreased Western Alliance Bancorp (WAL) stake by 17.24% reported in 2017Q3 SEC filing. Adage Capital Partners Gp Llc sold 50,000 shares as Western Alliance Bancorp (WAL)’s stock declined 13.36%. The Adage Capital Partners Gp Llc holds 240,000 shares with $12.74 million value, down from 290,000 last quarter. Western Alliance Bancorp now has $6.25 billion valuation. The stock increased 0.12% or $0.07 during the last trading session, reaching $59.22. About 1.36 million shares traded or 123.14% up from the average. Western Alliance Bancorporation (NYSE:WAL) has risen 29.08% since January 13, 2017 and is uptrending. It has outperformed by 12.38% the S&P500.

Among 13 analysts covering IRobot Corporation (NASDAQ:IRBT), 4 have Buy rating, 2 Sell and 7 Hold. Therefore 31% are positive. IRobot Corporation had 27 analyst reports since September 18, 2015 according to SRatingsIntel. The stock of iRobot Corporation (NASDAQ:IRBT) has “Neutral” rating given on Monday, January 4 by Piper Jaffray. The firm has “Buy” rating by Benchmark given on Monday, November 14. The firm has “Neutral” rating given on Monday, November 14 by Sidoti. As per Thursday, October 27, the company rating was maintained by Needham. Citigroup initiated the stock with “Hold” rating in Monday, December 4 report. The stock has “Buy” rating by Dougherty & Company on Thursday, November 17. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, August 9. As per Friday, October 27, the company rating was upgraded by Sidoti. The stock of iRobot Corporation (NASDAQ:IRBT) earned “Market Outperform” rating by JMP Securities on Tuesday, October 13. Raymond James downgraded iRobot Corporation (NASDAQ:IRBT) on Friday, September 18 to “Market Perform” rating. See iRobot Corporation (NASDAQ:IRBT) latest ratings:

02/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $69.0 Maintain
12/12/2017 Broker: Raymond James Rating: Hold
04/12/2017 Broker: Citigroup Rating: Hold New Target: $74.0 Initiate
27/10/2017 Broker: Sidoti Rating: Buy New Target: $90.0 Upgrade
26/10/2017 Broker: Dougherty Rating: Hold Maintain
26/10/2017 Broker: Needham Rating: Hold Maintain
25/10/2017 Broker: Canaccord Genuity Rating: Hold New Target: $65.0 Maintain
09/10/2017 Broker: Needham Rating: Hold
13/09/2017 Broker: J.P. Morgan Rating: Sell
09/08/2017 Broker: Canaccord Genuity Rating: Hold New Target: $95.0000 Maintain

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. The company has market cap of $2.43 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 41.46 P/E ratio.

The stock increased 5.31% or $4.4 during the last trading session, reaching $87.19. About 1.13M shares traded or 3.46% up from the average. iRobot Corporation (NASDAQ:IRBT) has risen 150.93% since January 13, 2017 and is uptrending. It has outperformed by 134.23% the S&P500.

Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.02, from 1.05 in 2017Q2. It improved, as 34 investors sold iRobot Corporation shares while 67 reduced holdings. 39 funds opened positions while 69 raised stakes. 22.26 million shares or 0.27% less from 22.32 million shares in 2017Q2 were reported. Parametric Assocs Limited Liability Corporation has 52,351 shares. 358,432 were reported by Fmr Ltd Liability Corporation. Ameritas Invest holds 0.01% of its portfolio in iRobot Corporation (NASDAQ:IRBT) for 2,319 shares. Rothschild Asset Mngmt holds 293,961 shares or 0.25% of its portfolio. Citadel Advsrs Ltd Limited Liability Company has 32,640 shares. Comerica Bankshares has invested 0.01% in iRobot Corporation (NASDAQ:IRBT). Nelson Roberts Ltd Com has invested 0.02% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Voya Mgmt Lc holds 0% of its portfolio in iRobot Corporation (NASDAQ:IRBT) for 12,362 shares. Jefferies Lc invested 0% in iRobot Corporation (NASDAQ:IRBT). Jacobs Levy Equity Inc reported 29,240 shares. Royal Bank & Trust Of Canada holds 0% of its portfolio in iRobot Corporation (NASDAQ:IRBT) for 5,646 shares. State Teachers Retirement System accumulated 45,967 shares. 4,480 are held by Millennium Mngmt Limited Liability Corp. Bnp Paribas Arbitrage, New York-based fund reported 17,504 shares. Moreover, Verition Fund Mgmt Ltd Com has 0.03% invested in iRobot Corporation (NASDAQ:IRBT) for 5,171 shares.

Since July 31, 2017, it had 0 insider purchases, and 5 insider sales for $5.47 million activity. On Tuesday, August 29 the insider CHWANG RONALD sold $927,100. $3.38M worth of iRobot Corporation (NASDAQ:IRBT) was sold by Dean Alison on Tuesday, September 12. ELLINGER DEBORAH G sold $745,119 worth of stock or 7,082 shares. The insider Weinstein Glen Daniel sold 728 shares worth $72,800.

Since August 16, 2017, it had 0 buys, and 9 selling transactions for $14.85 million activity. On Friday, December 15 MCAUSLAN ROBERT REOCH sold $169,080 worth of Western Alliance Bancorporation (NYSE:WAL) or 3,000 shares. $2.81 million worth of Western Alliance Bancorporation (NYSE:WAL) was sold by Sarver Robert Gary. BOYD WILLIAM S had sold 10,000 shares worth $555,462. Another trade for 4,000 shares valued at $223,880 was made by SNYDER DONALD D on Wednesday, October 25. BEACH BRUCE D had sold 4,000 shares worth $223,560. Sohn Sung Won also sold $279,450 worth of Western Alliance Bancorporation (NYSE:WAL) shares.

Among 12 analysts covering Western Alliance Bancorp (NYSE:WAL), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Western Alliance Bancorp had 41 analyst reports since September 8, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Sunday, August 27 by Jefferies. Macquarie Research maintained it with “Outperform” rating and $39 target in Monday, October 19 report. Wells Fargo maintained the shares of WAL in report on Tuesday, January 9 with “Hold” rating. The stock has “Buy” rating by Barclays Capital on Tuesday, January 2. The stock has “Overweight” rating by Barclays Capital on Wednesday, October 11. Jefferies maintained Western Alliance Bancorporation (NYSE:WAL) rating on Wednesday, April 5. Jefferies has “Buy” rating and $58 target. As per Tuesday, November 28, the company rating was maintained by SunTrust. The stock of Western Alliance Bancorporation (NYSE:WAL) has “Buy” rating given on Friday, October 20 by Keefe Bruyette & Woods. SunTrust maintained the shares of WAL in report on Thursday, October 26 with “Buy” rating. Piper Jaffray maintained Western Alliance Bancorporation (NYSE:WAL) on Tuesday, September 12 with “Buy” rating.

Analysts await Western Alliance Bancorporation (NYSE:WAL) to report earnings on January, 25. They expect $0.83 earnings per share, up 18.57% or $0.13 from last year’s $0.7 per share. WAL’s profit will be $87.56M for 17.84 P/E if the $0.83 EPS becomes a reality. After $0.79 actual earnings per share reported by Western Alliance Bancorporation for the previous quarter, Wall Street now forecasts 5.06% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>