Brooks Automation, Inc (BRKS) Insider Maurice H. Tenney Sells 10,000 Shares

Brooks Automation, Inc (NASDAQ:BRKS) insider Maurice H. Tenney sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $28.00, for a total value of $280,000.00. Following the transaction, the insider now owns 166,798 shares in the company, valued at approximately $4,670,344. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Brooks Automation, Inc (NASDAQ BRKS) traded up $0.42 during trading hours on Monday, reaching $29.24. The company had a trading volume of 1,148,496 shares, compared to its average volume of 802,171. Brooks Automation, Inc has a 12-month low of $16.79 and a 12-month high of $34.77. The stock has a market cap of $2,029.70, a P/E ratio of 32.49 and a beta of 0.93.

Brooks Automation (NASDAQ:BRKS) last posted its quarterly earnings data on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share 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 company had revenue of $181.88 million during the quarter, compared to analysts’ expectations of $174.66 million. During the same period last year, the firm earned $0.22 EPS. The firm’s revenue for the quarter was up 15.4% on a year-over-year basis. research analysts expect that Brooks Automation, Inc will post 1.33 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the business. Amalgamated Bank lifted its position in Brooks Automation by 3.4% during the 2nd quarter. Amalgamated Bank now owns 9,526 shares of the semiconductor company’s stock worth $207,000 after acquiring an additional 313 shares during the period. Ameritas Investment Partners Inc. lifted its position 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 acquiring an additional 348 shares during the period. Caxton Associates LP lifted its position in Brooks Automation by 6.8% during the 2nd quarter. Caxton Associates LP now owns 15,800 shares of the semiconductor company’s stock worth $343,000 after acquiring an additional 1,000 shares during the period. The Manufacturers Life Insurance Company lifted its position in Brooks Automation by 2.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 53,304 shares of the semiconductor company’s stock worth $1,156,000 after acquiring an additional 1,200 shares during the period. Finally, Riverhead Capital Management LLC lifted its position 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 acquiring an additional 1,897 shares during the period. 89.84% of the stock is owned by institutional investors.

A number of research analysts recently issued reports on the company. Citigroup raised their price target on Brooks Automation from $31.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Needham & Company LLC restated a “hold” rating on shares of Brooks Automation in a research note on Friday, October 6th. Stephens assumed coverage on Brooks Automation in a research note on Thursday, December 21st. They set an “overweight” rating and a $32.00 price target on the stock. BidaskClub downgraded Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Finally, Zacks Investment Research downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Brooks Automation currently has an average rating of “Buy” and an average price target of $31.63.

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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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