Arizona State Retirement System Upped Its Irobot (IRBT) Holding; Egalet (EGLT) Had 3 Analysts Last Week

April 22, 2018 - By Nellie Frank

Egalet Corporation (NASDAQ:EGLT) Logo

Arizona State Retirement System increased Irobot Corp (IRBT) stake by 226.11% reported in 2017Q4 SEC filing. Arizona State Retirement System acquired 32,485 shares as Irobot Corp (IRBT)’s stock declined 17.51%. The Arizona State Retirement System holds 46,852 shares with $3.59M value, up from 14,367 last quarter. Irobot Corp now has $1.80B valuation. The stock increased 0.33% or $0.21 during the last trading session, reaching $63.88. About 1.58 million shares traded or 41.67% up from the average. iRobot Corporation (NASDAQ:IRBT) has risen 4.44% since April 22, 2017 and is uptrending. It has underperformed by 7.11% the S&P500.

Among 5 analysts covering Egalet Ltd (NASDAQ:EGLT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Egalet Ltd had 14 analyst reports since November 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, June 1 by Cantor Fitzgerald. The firm earned “Buy” rating on Wednesday, June 7 by Cantor Fitzgerald. The stock of Egalet Corporation (NASDAQ:EGLT) earned “Buy” rating by JMP Securities on Friday, June 9. The firm has “Buy” rating by Cantor Fitzgerald given on Tuesday, June 13. The firm has “Buy” rating by Cantor Fitzgerald given on Monday, August 14. The rating was downgraded by Stifel Nicolaus on Wednesday, January 3 to “Hold”. On Monday, March 12 the stock rating was maintained by Cantor Fitzgerald with “Buy”. Cantor Fitzgerald maintained it with “Buy” rating and $7.0 target in Monday, September 11 report. The stock of Egalet Corporation (NASDAQ:EGLT) has “Buy” rating given on Friday, August 25 by Cantor Fitzgerald. The stock of Egalet Corporation (NASDAQ:EGLT) has “Buy” rating given on Monday, August 14 by Guggenheim. See Egalet Corporation (NASDAQ:EGLT) latest ratings:

12/03/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $3.5 Maintain
03/01/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Hold Downgrade
09/11/2017 Broker: Gabelli Old Rating: Buy New Rating: Hold Downgrade
08/11/2017 Broker: Cantor Fitzgerald Rating: Buy New Target: $7.0 Maintain

The stock decreased 2.98% or $0.0194 during the last trading session, reaching $0.6306. About 225,457 shares traded. Egalet Corporation (NASDAQ:EGLT) has declined 87.31% since April 22, 2017 and is downtrending. It has underperformed by 98.86% the S&P500.

Egalet Corporation, a specialty pharmaceutical company, develops, makes, and commercializes treatments for patients with pain and other conditions. The company has market cap of $33.33 million. It has licensed three approved pain products, such as SPRIX Nasal Spray, a non-steroidal anti-inflammatory drug indicated in adult patients for the short-term management of moderate to moderately severe pain that requires analgesia at the opioid level; OXAYDO, an immediate-release oxycodone product designed to discourage abuse via snorting for the management of acute and chronic moderate to severe pain where an opioid is appropriate; and ARYMO ER, an extended-release morphine product formulated with abuse-deterrent (AD) properties for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. It currently has negative earnings. The firm is also developing Egalet-002, a Guardian Technology AD, ER, oral oxycodone formulation, which is in Phase III clinical trials for the same indication as ARYMO ER.

Investors sentiment decreased to 0.47 in 2017 Q4. Its down 0.11, from 0.58 in 2017Q3. It is negative, as 13 investors sold Egalet Corporation shares while 17 reduced holdings. 6 funds opened positions while 8 raised stakes. 13.62 million shares or 32.80% less from 20.27 million shares in 2017Q3 were reported. Janney Montgomery Scott Ltd Limited Liability Company invested in 0% or 22,159 shares. The New York-based Two Sigma Securities Ltd has invested 0% in Egalet Corporation (NASDAQ:EGLT). 31,300 are held by Macquarie Grp Inc Limited. California Pub Employees Retirement Sys reported 0% stake. Franklin Res Inc invested in 2.73M shares. Lpl Lc stated it has 0% of its portfolio in Egalet Corporation (NASDAQ:EGLT). Morgan Stanley invested in 0% or 3,410 shares. Hightower Advsr Lc holds 0% in Egalet Corporation (NASDAQ:EGLT) or 268,828 shares. Msd Partners Lp has invested 0.05% in Egalet Corporation (NASDAQ:EGLT). J Goldman And Company Limited Partnership accumulated 100,000 shares. Bridgeway Cap Mgmt, Texas-based fund reported 74,400 shares. Royal Bankshares Of Canada has invested 0% in Egalet Corporation (NASDAQ:EGLT). Virtu Financial Limited Liability Com accumulated 0% or 11,259 shares. Fmr Ltd Liability owns 767,013 shares for 0% of their portfolio. Pnc Ser Grp holds 400 shares.

Arizona State Retirement System decreased Harley Davidson Inc (NYSE:HOG) stake by 39,030 shares to 42,639 valued at $2.17M in 2017Q4. It also reduced Expedia Inc (NASDAQ:EXPE) stake by 7,545 shares and now owns 41,321 shares. Targa Resources Corp (NYSE:TRGP) was reduced too.

Among 14 analysts covering IRobot Corporation (NASDAQ:IRBT), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. IRobot Corporation had 34 analyst reports since September 18, 2015 according to SRatingsIntel. Needham maintained the stock with “Hold” rating in Thursday, October 26 report. The stock of iRobot Corporation (NASDAQ:IRBT) has “Underweight” rating given on Friday, March 18 by JP Morgan. The stock of iRobot Corporation (NASDAQ:IRBT) earned “Hold” rating by Sidoti on Tuesday, January 30. As per Wednesday, January 6, the company rating was upgraded by JP Morgan. Canaccord Genuity maintained the stock with “Hold” rating in Wednesday, August 9 report. The stock has “Hold” rating by Dougherty on Monday, July 3. The rating was upgraded by Raymond James to “Buy” on Friday, February 9. The rating was downgraded by Raymond James on Friday, September 18 to “Market Perform”. The firm has “Hold” rating given on Monday, November 14 by Needham. The stock of iRobot Corporation (NASDAQ:IRBT) has “Buy” rating given on Monday, November 14 by Benchmark.

Investors sentiment decreased to 1.04 in 2017 Q4. Its down 0.03, from 1.07 in 2017Q3. It fall, as 41 investors sold IRBT 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. Moore Cap Management Lp owns 175,000 shares. Qs Ltd Liability owns 10 shares. 10,050 are held by Boothbay Fund Management Lc. 30,977 were accumulated by Guggenheim Limited Liability Corporation. Hussman Strategic Advisors Inc invested 1% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Alliancebernstein LP reported 36,817 shares stake. Zacks Inv Management holds 0.01% of its portfolio in iRobot Corporation (NASDAQ:IRBT) for 3,356 shares. Bank & Trust Of Montreal Can owns 18,548 shares. Rothschild Asset Mgmt holds 0.24% of its portfolio in iRobot Corporation (NASDAQ:IRBT) for 294,953 shares. Jacobs Levy Equity Mngmt has invested 0.06% in iRobot Corporation (NASDAQ:IRBT). Comerica Fincl Bank reported 0.03% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Anderson Hoagland Com stated it has 0.48% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Cubist Systematic Strategies invested in 0.03% or 7,080 shares. Kistler accumulated 126 shares. Northern Tru Corp stated it has 346,884 shares.

iRobot Corporation (NASDAQ:IRBT) Institutional Positions Chart

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.