Brooks Automation, Inc (NASDAQ:BRKS) Insider Sells $203,698.00 in Stock

Brooks Automation, Inc (NASDAQ:BRKS) insider David Pietrantoni sold 4,334 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $47.00, for a total value of $203,698.00. Following the sale, the insider now directly owns 28,101 shares in the company, valued at approximately $1,320,747. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Monday, October 28th, David Pietrantoni sold 3,333 shares of Brooks Automation stock. The stock was sold at an average price of $44.00, for a total value of $146,652.00.

Shares of NASDAQ:BRKS traded down $1.24 on Friday, hitting $46.81. The company’s stock had a trading volume of 781,800 shares, compared to its average volume of 526,211. The company has a 50-day simple moving average of $39.70 and a 200 day simple moving average of $37.27. Brooks Automation, Inc has a 1 year low of $23.02 and a 1 year high of $50.35. The company has a market capitalization of $3.22 billion, a PE ratio of 60.79 and a beta of 1.37. The company has a debt-to-equity ratio of 0.72, a current ratio of 3.01 and a quick ratio of 2.41.

Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. Brooks Automation had a return on equity of 6.89% and a net margin of 4.78%. The firm had revenue of $200.23 million for the quarter, compared to analysts’ expectations of $195.38 million. During the same quarter last year, the firm posted $0.40 EPS. The company’s revenue was up 25.4% compared to the same quarter last year. On average, equities research analysts expect that Brooks Automation, Inc will post 1.26 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the business. TimesSquare Capital Management LLC raised its holdings in shares of Brooks Automation by 11.0% in the 3rd quarter. TimesSquare Capital Management LLC now owns 1,098,000 shares of the semiconductor company’s stock valued at $40,659,000 after acquiring an additional 108,480 shares in the last quarter. BBVA USA Bancshares Inc. raised its holdings in shares of Brooks Automation by 129.1% in the 3rd quarter. BBVA USA Bancshares Inc. now owns 66,135 shares of the semiconductor company’s stock valued at $2,449,000 after acquiring an additional 37,267 shares in the last quarter. Mason Street Advisors LLC raised its holdings in shares of Brooks Automation by 1.8% in the 3rd quarter. Mason Street Advisors LLC now owns 24,524 shares of the semiconductor company’s stock valued at $908,000 after acquiring an additional 445 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Brooks Automation by 71.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,263 shares of the semiconductor company’s stock valued at $121,000 after acquiring an additional 1,360 shares in the last quarter. Finally, Lenox Wealth Management Inc. purchased a new stake in shares of Brooks Automation in the 3rd quarter valued at about $310,000.

A number of brokerages recently issued reports on BRKS. Stifel Nicolaus increased their price objective on Brooks Automation from $43.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday. Stephens reissued an “equal weight” rating and set a $35.00 price objective on shares of Brooks Automation in a report on Friday, August 23rd. ValuEngine raised Brooks Automation from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Citigroup cut Brooks Automation from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $44.00 to $42.00 in a report on Monday, September 23rd. Finally, TheStreet raised Brooks Automation from a “c+” rating to a “b-” rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $42.67.

About Brooks Automation

Brooks Automation, Inc provides automation and cryogenic solutions for various markets. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers mission-critical wafer automation and contamination controls solutions and services.

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Insider Buying and Selling by Quarter for Brooks Automation (NASDAQ:BRKS)

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