Brooks Automation, Inc. (NASDAQ:BRKS) CEO Stephen S. Schwartz sold 27,915 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $28.55, for a total value of $796,973.25. Following the completion of the sale, the chief executive officer now owns 661,852 shares in the company, valued at $18,895,874.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Brooks Automation, Inc. (NASDAQ:BRKS) traded down $2.49 on Monday, reaching $26.29. The company’s stock had a trading volume of 2,337,300 shares, compared to its average volume of 659,758. Brooks Automation, Inc. has a 12-month low of $14.18 and a 12-month high of $34.77. The firm has a market capitalization of $1,835.91, a price-to-earnings ratio of 23.90 and a beta of 1.06.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings results on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.06. Brooks Automation had a return on equity of 13.40% and a net margin of 9.04%. The firm had revenue of $181.88 million for the quarter, compared to analyst estimates of $174.66 million. During the same period in the previous year, the firm earned $0.22 earnings per share. The company’s revenue was up 15.4% compared to the same quarter last year. sell-side analysts anticipate that Brooks Automation, Inc. will post 1.42 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend 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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A number of institutional investors and hedge funds have recently modified their holdings of BRKS. BlackRock Inc. lifted its stake in Brooks Automation by 49,535.5% in the first quarter. BlackRock Inc. now owns 8,670,335 shares of the semiconductor company’s stock valued at $194,215,000 after buying an additional 8,652,867 shares during the period. Mesirow Financial Investment Management Equity Management acquired a new position in Brooks Automation in the third quarter valued at approximately $15,902,000. Bank of New York Mellon Corp lifted its stake in Brooks Automation by 23.7% in the second quarter. Bank of New York Mellon Corp now owns 2,555,177 shares of the semiconductor company’s stock valued at $55,421,000 after buying an additional 489,434 shares during the period. Koch Industries Inc. acquired a new position in Brooks Automation in the second quarter valued at approximately $391,000. Finally, Vanguard Group Inc. lifted its stake in Brooks Automation by 6.2% in the second quarter. Vanguard Group Inc. now owns 6,675,027 shares of the semiconductor company’s stock valued at $144,781,000 after buying an additional 392,115 shares during the period. 90.56% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently commented on the company. Needham & Company LLC cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Monday, September 18th. They noted that the move was a valuation call. B. Riley reiterated a “buy” rating and issued a $34.00 target price on shares of Brooks Automation in a report on Tuesday, August 8th. ValuEngine cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. BidaskClub cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 target price on the stock in a report 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 stock has an average rating of “Hold” and an average target price of $31.57.

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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