Brooks Automation, Inc. (NASDAQ:BRKS) VP Jason Joseph sold 5,159 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $28.55, for a total transaction of $147,289.45. Following the completion of the sale, the vice president now owns 104,699 shares in the company, valued at $2,989,156.45. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Brooks Automation, Inc. (NASDAQ BRKS) traded down $2.49 during midday trading on Monday, hitting $26.29. 2,337,300 shares of the stock were exchanged, compared to its average volume of 659,758. Brooks Automation, Inc. has a one year low of $14.18 and a one year high of $34.77. The firm has a market cap of $1,835.91, a P/E ratio of 23.90 and a beta of 1.06.

Brooks Automation (NASDAQ:BRKS) last posted its earnings results on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.06. The firm had revenue of $181.88 million during the quarter, compared to the consensus estimate of $174.66 million. Brooks Automation had a net margin of 9.04% and a return on equity of 13.40%. The company’s revenue was up 15.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.22 EPS. equities analysts expect that Brooks Automation, Inc. will post 1.42 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Thursday, November 30th. Brooks Automation’s dividend payout ratio (DPR) is presently 44.44%.

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Several equities research analysts recently commented on the stock. Needham & Company LLC lowered shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. They noted that the move was a valuation call. B. Riley reissued a “buy” rating and issued a $34.00 target price on shares of Brooks Automation in a research note on Tuesday, August 8th. ValuEngine downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. BidaskClub downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Finally, Zacks Investment Research raised shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 target price for the company in a research note on Friday, August 4th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $31.57.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Engineers Gate Manager LP acquired a new stake in Brooks Automation during the 2nd quarter worth approximately $1,376,000. California Public Employees Retirement System boosted its holdings in Brooks Automation by 4.7% in the 2nd quarter. California Public Employees Retirement System now owns 155,100 shares of the semiconductor company’s stock worth $3,364,000 after acquiring an additional 6,900 shares during the period. AHL Partners LLP boosted its holdings in Brooks Automation by 259.3% in the 2nd quarter. AHL Partners LLP now owns 121,089 shares of the semiconductor company’s stock worth $2,627,000 after acquiring an additional 87,384 shares during the period. Credit Suisse AG boosted its holdings in Brooks Automation by 53.3% in the 1st quarter. Credit Suisse AG now owns 169,734 shares of the semiconductor company’s stock worth $3,802,000 after acquiring an additional 58,983 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Brooks Automation by 6.2% in the 2nd quarter. Vanguard Group Inc. now owns 6,675,027 shares of the semiconductor company’s stock worth $144,781,000 after acquiring an additional 392,115 shares during the period. 90.56% of the stock is owned by hedge funds and other institutional investors.

About Brooks Automation

Brooks Automation, Inc is a provider of automation and cryogenic solutions for various applications and markets. The Company operates through two segments: Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers critical automated transport, vacuum and contamination controls solutions and services.

Insider Buying and Selling by Quarter for Brooks Automation (NASDAQ:BRKS)

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