Brooks Automation, Inc. (NASDAQ:BRKS) insider David C. Gray sold 2,394 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total transaction of $80,917.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Brooks Automation, Inc. (BRKS) traded down $5.47 during mid-day trading on Thursday, reaching $28.79. 3,668,055 shares of the company’s stock were exchanged, compared to its average volume of 617,764. Brooks Automation, Inc. has a one year low of $12.95 and a one year high of $34.77. The stock has a market capitalization of $2,364.84, a P/E ratio of 37.25 and a beta of 1.06.

Brooks Automation (NASDAQ:BRKS) last issued its earnings results on Wednesday, November 8th. The semiconductor company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. Brooks Automation had a net margin of 8.34% and a return on equity of 11.25%. The company had revenue of $181.88 million for the quarter, compared to the consensus estimate of $174.66 million. During the same period in the previous year, the firm earned $0.22 earnings per share. Brooks Automation’s quarterly revenue was up 15.4% compared to the same quarter last year. analysts anticipate that Brooks Automation, Inc. will post 1.18 EPS for the current year.

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A number of equities analysts recently weighed in on the stock. B. Riley restated a “buy” rating and set a $34.00 price target on shares of Brooks Automation in a research report on Thursday, August 3rd. ValuEngine upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Credit Suisse Group restated a “hold” rating and set a $26.00 price target on shares of Brooks Automation in a research report on Thursday, August 3rd. Zacks Investment Research upgraded shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 price target on the stock in a research report on Friday, August 4th. Finally, Stifel Nicolaus boosted their price target on shares of Brooks Automation from $32.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $30.43.

Several institutional investors have recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System raised its stake in shares of Brooks Automation by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 28,400 shares of the semiconductor company’s stock valued at $616,000 after acquiring an additional 100 shares during the period. Arizona State Retirement System raised its stake in shares of Brooks Automation by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 36,293 shares of the semiconductor company’s stock valued at $787,000 after acquiring an additional 100 shares during the period. Amalgamated Bank raised its stake in shares of Brooks Automation by 3.4% in the 2nd quarter. Amalgamated Bank now owns 9,526 shares of the semiconductor company’s stock valued at $207,000 after acquiring an additional 313 shares during the period. Ameritas Investment Partners Inc. raised its stake in shares of Brooks Automation by 6.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,038 shares of the semiconductor company’s stock valued at $131,000 after acquiring an additional 348 shares during the period. Finally, Texas Permanent School Fund raised its stake in shares of Brooks Automation by 1.0% in the 2nd quarter. Texas Permanent School Fund now owns 50,847 shares of the semiconductor company’s stock valued at $1,103,000 after acquiring an additional 513 shares during the period. 90.61% of the stock is currently owned by institutional investors and hedge funds.

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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