Brooks Automation Inc. (NASDAQ:BRKS)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $12.94 and last traded at $12.81, with a volume of 76,275 shares. The stock had previously closed at $12.64.

Several equities analysts recently commented on BRKS shares. B. Riley reissued a “buy” rating and set a $16.50 price target on shares of Brooks Automation in a research report on Tuesday, June 7th. Zacks Investment Research upgraded Brooks Automation from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a report on Monday, May 2nd. Finally, Credit Suisse Group AG restated a “sell” rating and set a $9.80 price objective on shares of Brooks Automation in a report on Friday, April 29th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $12.86.

The stock has a 50 day moving average of $11.77 and a 200-day moving average of $10.29. The firm’s market cap is $854.36 million.

Brooks Automation (NASDAQ:BRKS) last issued its earnings results on Thursday, April 28th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.02. During the same period in the previous year, the company earned $0.08 earnings per share. The firm earned $135.30 million during the quarter, compared to analyst estimates of $135.41 million. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. Analysts anticipate that Brooks Automation Inc. will post $0.40 earnings per share for the current fiscal year.

In other Brooks Automation news, VP Jason Joseph sold 5,528 shares of the company’s stock in a transaction dated Tuesday, July 5th. The stock was sold at an average price of $11.06, for a total value of $61,139.68. Following the transaction, the vice president now directly owns 172,705 shares of the company’s stock, valued at approximately $1,910,117.30. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP William T. Montone sold 5,000 shares of the company’s stock in a transaction dated Wednesday, July 20th. The stock was sold at an average price of $12.50, for a total value of $62,500.00. Following the completion of the transaction, the senior vice president now directly owns 201,532 shares in the company, valued at $2,519,150. The disclosure for this sale can be found here.

Other hedge funds recently added to or reduced their stakes in the company. Rhumbline Advisers increased its stake in Brooks Automation by 3.8% in the fourth quarter. Rhumbline Advisers now owns 113,792 shares of the company’s stock valued at $1,215,000 after buying an additional 4,145 shares during the period. Morgan Stanley increased its stake in Brooks Automation by 160.8% in the fourth quarter. Morgan Stanley now owns 117,870 shares of the company’s stock valued at $1,260,000 after buying an additional 72,680 shares during the period. California Public Employees Retirement System increased its stake in Brooks Automation by 5.0% in the fourth quarter. California Public Employees Retirement System now owns 191,400 shares of the company’s stock valued at $2,044,000 after buying an additional 9,200 shares during the period. Polaris Capital Management LLC increased its stake in Brooks Automation by 54.6% in the fourth quarter. Polaris Capital Management LLC now owns 843,419 shares of the company’s stock valued at $9,008,000 after buying an additional 297,960 shares during the period. Finally, Boston Partners increased its stake in Brooks Automation by 13.8% in the fourth quarter. Boston Partners now owns 1,052,876 shares of the company’s stock valued at $11,245,000 after buying an additional 127,541 shares during the period.

Brooks Automation, Inc is a global provider of automation, vacuum and instrumentation solutions for multiple markets, including semiconductor manufacturing, technology device manufacturing and life sciences. The Company operates in three segments: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems.

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