Brooks Automation, Inc (BRKS) CFO Lindon G. Robertson Sells 13,212 Shares

Brooks Automation, Inc (NASDAQ:BRKS) CFO Lindon G. Robertson sold 13,212 shares of the company’s stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $29.00, for a total transaction of $383,148.00. Following the completion of the transaction, the chief financial officer now directly owns 158,320 shares of the company’s stock, valued at $4,591,280. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Brooks Automation, Inc (NASDAQ:BRKS) traded up $0.29 during trading on Tuesday, hitting $29.53. 1,078,683 shares of the stock were exchanged, compared to its average volume of 820,680. Brooks Automation, Inc has a one year low of $16.88 and a one year high of $34.77. The firm has a market cap of $2,080.00, a P/E ratio of 33.18 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 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.06. Brooks Automation had a net margin of 9.04% and a return on equity of 13.40%. The company had revenue of $181.88 million during the quarter, compared to the consensus estimate of $174.66 million. During the same period in the prior year, the business posted $0.22 EPS. The company’s quarterly revenue was up 15.4% on a year-over-year basis. research analysts expect that Brooks Automation, Inc will post 1.33 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of BRKS. Swiss National Bank boosted its stake in shares of Brooks Automation by 2.6% during the 2nd quarter. Swiss National Bank now owns 116,800 shares of the semiconductor company’s stock worth $2,533,000 after buying an additional 3,000 shares during the last quarter. Riverhead Capital Management LLC boosted its stake in shares of 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 buying an additional 1,897 shares during the last quarter. Teachers Advisors LLC boosted its stake in shares of Brooks Automation by 21.0% during the 2nd quarter. Teachers Advisors LLC now owns 257,705 shares of the semiconductor company’s stock worth $5,590,000 after buying an additional 44,679 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in shares of Brooks Automation by 34.2% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 396,694 shares of the semiconductor company’s stock worth $8,604,000 after buying an additional 101,078 shares during the last quarter. Finally, Amalgamated Bank boosted its stake in shares of 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 buying an additional 313 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

A number of equities analysts recently weighed in on the stock. Janney Montgomery Scott set a $35.00 target price on shares of Brooks Automation and gave the stock a “buy” rating in a research note on Tuesday. BidaskClub lowered shares of Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 18th. Stephens assumed coverage on shares of Brooks Automation in a research note on Thursday, December 21st. They issued an “overweight” rating and a $32.00 target price for the company. B. Riley reaffirmed a “buy” rating and issued a $34.00 target price on shares of Brooks Automation in a research note on Monday, November 13th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Brooks Automation in a research note on Friday, October 6th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price 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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