Brooks Automation, Inc (NASDAQ:BRKS) insider David C. Gray sold 7,000 shares of the company’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $28.88, for a total transaction of $202,160.00. Following the completion of the sale, the insider now directly owns 91,806 shares of the company’s stock, valued at approximately $2,651,357.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Brooks Automation, Inc (NASDAQ BRKS) traded up $0.47 during trading on Monday, reaching $29.42. 891,192 shares of the company’s stock traded hands, compared to its average volume of 1,040,000. The company has a current ratio of 3.33, a quick ratio of 2.56 and a debt-to-equity ratio of 0.31. Brooks Automation, Inc has a 12-month low of $20.53 and a 12-month high of $34.77. The company has a market capitalization of $2,070.00, a PE ratio of 32.33 and a beta of 0.97.
Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings results on Thursday, February 1st. The semiconductor company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. Brooks Automation had a net margin of 9.03% and a return on equity of 14.43%. The firm had revenue of $189.33 million for the quarter, compared to analysts’ expectations of $184.48 million. During the same period in the previous year, the business earned $0.25 earnings per share. Brooks Automation’s revenue for the quarter was up 18.4% compared to the same quarter last year. equities research analysts anticipate that Brooks Automation, Inc will post 1.4 EPS for the current fiscal year.
Several equities research analysts recently weighed in on BRKS shares. BidaskClub raised shares of Brooks Automation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, January 9th. Stephens started coverage on shares of Brooks Automation in a report on Thursday, December 21st. They issued an “overweight” rating and a $32.00 price objective for the company. Zacks Investment Research raised shares of Brooks Automation from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a report on Tuesday, February 6th. B. Riley reaffirmed a “buy” rating and issued a $34.00 price objective on shares of Brooks Automation in a report on Monday, November 13th. Finally, Janney Montgomery Scott set a $35.00 price objective on shares of Brooks Automation and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Brooks Automation presently has a consensus rating of “Buy” and an average price target of $32.88.
A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. raised its position in Brooks Automation by 1.0% in the fourth quarter. BlackRock Inc. now owns 8,943,161 shares of the semiconductor company’s stock worth $213,296,000 after acquiring an additional 86,294 shares in the last quarter. Boston Partners raised its holdings in Brooks Automation by 5.9% during the 4th quarter. Boston Partners now owns 2,016,375 shares of the semiconductor company’s stock worth $48,091,000 after buying an additional 112,101 shares during the period. Glenmede Trust Co. NA raised its holdings in Brooks Automation by 40.4% during the 4th quarter. Glenmede Trust Co. NA now owns 1,478,911 shares of the semiconductor company’s stock worth $35,270,000 after buying an additional 425,807 shares during the period. Royce & Associates LP raised its holdings in Brooks Automation by 9.0% during the 3rd quarter. Royce & Associates LP now owns 1,378,309 shares of the semiconductor company’s stock worth $41,845,000 after buying an additional 113,300 shares during the period. Finally, Macquarie Group Ltd. raised its holdings in Brooks Automation by 18.1% during the 4th quarter. Macquarie Group Ltd. now owns 1,133,405 shares of the semiconductor company’s stock worth $27,032,000 after buying an additional 173,908 shares during the period. Hedge funds and other institutional investors own 90.34% of the company’s stock.
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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.
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