Brooks Automation, Inc (NASDAQ:BRKS) insider David Pietrantoni sold 8,000 shares of the company’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $35.51, for a total transaction of $284,080.00. Following the completion of the transaction, the insider now directly owns 43,101 shares of the company’s stock, valued at approximately $1,530,516.51. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of NASDAQ BRKS opened at $37.59 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 2.15 and a current ratio of 2.86. The stock has a market cap of $2.66 billion, a PE ratio of 58.83 and a beta of 1.41. Brooks Automation, Inc has a 12-month low of $23.02 and a 12-month high of $39.75.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings results on Monday, April 29th. The semiconductor company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.10 by $0.07. The company had revenue of $198.00 million for the quarter, compared to the consensus estimate of $193.24 million. Brooks Automation had a net margin of 6.68% and a return on equity of 9.45%. The firm’s revenue was up 26.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.40 EPS. As a group, sell-side analysts expect that Brooks Automation, Inc will post 0.75 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 7th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.40 annualized dividend and a yield of 1.06%. Brooks Automation’s payout ratio is 62.50%.

Several brokerages have commented on BRKS. ValuEngine upgraded shares of Brooks Automation from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. BidaskClub cut shares of Brooks Automation from a “hold” rating to a “sell” rating in a research note on Tuesday. Zacks Investment Research upgraded shares of Brooks Automation from a “sell” rating to a “hold” rating in a research note on Tuesday. Finally, Stifel Nicolaus boosted their price target on shares of Brooks Automation from $40.00 to $43.00 and gave the stock a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Brooks Automation currently has an average rating of “Buy” and an average target price of $37.86.

A number of large investors have recently modified their holdings of the stock. Bridges Investment Management Inc. grew its holdings in Brooks Automation by 22.3% during the 1st quarter. Bridges Investment Management Inc. now owns 48,290 shares of the semiconductor company’s stock valued at $1,416,000 after purchasing an additional 8,800 shares during the last quarter. Starr International Co. Inc. bought a new position in Brooks Automation during the 1st quarter valued at about $201,000. First Republic Investment Management Inc. grew its holdings in Brooks Automation by 19.2% during the 1st quarter. First Republic Investment Management Inc. now owns 22,562 shares of the semiconductor company’s stock valued at $662,000 after purchasing an additional 3,634 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Brooks Automation by 4.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 8,652 shares of the semiconductor company’s stock worth $254,000 after acquiring an additional 400 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in Brooks Automation by 3,884.5% in the 1st quarter. SG Americas Securities LLC now owns 240,268 shares of the semiconductor company’s stock worth $7,047,000 after acquiring an additional 234,238 shares in the last quarter. Institutional investors own 98.54% of the company’s stock.

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Brooks Automation Company Profile

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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