Todays Report: Today, Insider Selling: Brooks Automation Inc. (BRKS) Director Sold $164,100.00 in Stock

Today, Insider Selling: Brooks Automation Inc. (BRKS) Director Sold $164,100.00 in Stock

Brooks Automation Inc. (NASDAQ:BRKS) Director Alfred Woollacott III sold 10,000 shares of the business’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $16.41, for a total transaction of $164,100.00. Following the completion of the transaction, the director now directly owns 77,138 shares of the company’s stock, valued at approximately $1,265,834.58. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Brooks Automation Inc. (NASDAQ:BRKS) opened at 16.53 on Friday. The stock’s 50 day moving average price is $13.96 and its 200-day moving average price is $12.46. The stock’s market cap is $1.09 billion. Brooks Automation Inc. has a one year low of $8.33 and a one year high of $16.57.

Brooks Automation (NASDAQ:BRKS) last announced its earnings results on Thursday, November 10th. The company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.07. Brooks Automation had a positive return on equity of 5.75% and a negative net margin of 12.40%. The business earned $157.55 million during the quarter, compared to analysts’ expectations of $145.77 million. During the same quarter last year, the business posted $0.17 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. On average, equities analysts predict that Brooks Automation Inc. will post $0.85 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 23rd. Stockholders of record on Friday, December 2nd will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Wednesday, November 30th. Brooks Automation’s dividend payout ratio is -39.22%.

Several large investors have recently made changes to their positions in BRKS. Boston Private Wealth LLC increased its stake in shares of Brooks Automation by 16.6% in the second quarter. Boston Private Wealth LLC now owns 18,149 shares of the company’s stock valued at $204,000 after buying an additional 2,590 shares in the last quarter. Quantitative Systematic Strategies LLC increased its stake in shares of Brooks Automation by 7.4% in the second quarter. Quantitative Systematic Strategies LLC now owns 15,700 shares of the company’s stock valued at $172,000 after buying an additional 1,084 shares in the last quarter. Rice Hall James & Associates LLC increased its stake in shares of Brooks Automation by 34.7% in the second quarter. Rice Hall James & Associates LLC now owns 200,287 shares of the company’s stock valued at $2,247,000 after buying an additional 51,565 shares in the last quarter. Deprince Race & Zollo Inc. bought a new stake in shares of Brooks Automation during the second quarter valued at approximately $8,793,000. Finally, Genesee Valley Trust Co. increased its stake in shares of Brooks Automation by 8.5% in the second quarter. Genesee Valley Trust Co. now owns 12,745 shares of the company’s stock valued at $143,000 after buying an additional 1,000 shares in the last quarter. 91.41% of the stock is owned by institutional investors and hedge funds.

Several research analysts recently weighed in on BRKS shares. B. Riley reissued a “buy” rating and issued a $16.00 target price on shares of Brooks Automation in a research note on Friday, July 29th. Needham & Company LLC lifted their price target on Brooks Automation from $13.00 to $15.00 and gave the company a “buy” rating in a report on Friday, July 29th. Zacks Investment Research cut Brooks Automation from a “hold” rating to a “sell” rating in a report on Monday, August 1st. TheStreet upgraded Brooks Automation from a “hold” rating to a “buy” rating in a report on Wednesday, August 24th. Finally, Citigroup Inc. lowered their price target on Brooks Automation from $12.50 to $9.30 and set a “neutral” rating for the company in a report on Monday, September 12th. One analyst has rated the stock with a sell rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Brooks Automation presently has an average rating of “Buy” and an average target price of $15.72.

Brooks Automation Company Profile

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