Brooks Automation, Inc (NASDAQ:BRKS) VP David Jarzynka sold 10,000 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $23.12, for a total value of $231,200.00. Following the completion of the sale, the vice president now directly owns 30,638 shares of the company’s stock, valued at $708,350.56. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

David Jarzynka also recently made the following trade(s):

  • On Monday, November 6th, David Jarzynka sold 2,476 shares of Brooks Automation stock. The shares were sold at an average price of $33.80, for a total value of $83,688.80.

Brooks Automation, Inc (BRKS) traded up $0.14 during midday trading on Thursday, reaching $23.15. The company had a trading volume of 1,336,900 shares, compared to its average volume of 705,959. Brooks Automation, Inc has a twelve month low of $16.16 and a twelve month high of $34.77. The company has a market cap of $1,617.80, a PE ratio of 20.92 and a beta of 0.93.

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 analysts’ consensus estimates of $0.29 by $0.06. Brooks Automation had a return on equity of 13.40% and a net margin of 9.04%. The business had revenue of $181.88 million during the quarter, compared to analysts’ expectations of $174.66 million. During the same period in the prior year, the business earned $0.22 EPS. Brooks Automation’s revenue for the quarter was up 15.4% compared to the same quarter last year. analysts anticipate that Brooks Automation, Inc will post 1.33 EPS 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 paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 1.73%. Brooks Automation’s payout ratio is 44.44%.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quantbot Technologies LP bought a new stake in Brooks Automation during the 2nd quarter worth approximately $104,000. Advisor Group Inc. bought a new stake in Brooks Automation during the 2nd quarter worth approximately $122,000. Riverhead Capital Management LLC increased its stake in Brooks Automation by 49.9% during the 2nd quarter. Riverhead Capital Management LLC now owns 5,697 shares of the semiconductor company’s stock worth $123,000 after purchasing an additional 1,897 shares in the last quarter. Ameritas Investment Partners Inc. increased its stake in Brooks Automation by 6.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,038 shares of the semiconductor company’s stock worth $131,000 after purchasing an additional 348 shares in the last quarter. Finally, Flinton Capital Management LLC increased its stake in Brooks Automation by 49.3% during the 2nd quarter. Flinton Capital Management LLC now owns 6,272 shares of the semiconductor company’s stock worth $136,000 after purchasing an additional 2,072 shares in the last quarter. 90.15% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently commented on the company. Stifel Nicolaus upped their price target on Brooks Automation from $32.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of Brooks Automation in a research note on Friday, October 6th. Citigroup upped their price target on Brooks Automation from $31.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Janney Montgomery Scott upped their price target on Brooks Automation from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, September 14th. Finally, B. Riley reaffirmed a “buy” rating and issued a $34.00 price target on shares of Brooks Automation in a research note on Monday, November 13th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $31.57.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/12/07/brooks-automation-inc-brks-vp-david-jarzynka-sells-10000-shares.html.

Brooks Automation Company Profile

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)

Receive News & Ratings for Brooks Automation Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brooks Automation Inc and related companies with MarketBeat.com's FREE daily email newsletter.