Pura Vida Investments LLC bought a new position in shares of Brooks Automation, Inc (NASDAQ:BRKS) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 95,000 shares of the semiconductor company’s stock, valued at approximately $2,884,000. Pura Vida Investments LLC owned approximately 0.14% of Brooks Automation at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Quantbot Technologies LP purchased a new stake in shares of Brooks Automation during the second quarter valued at about $104,000. Advisor Group Inc. purchased a new stake in shares of Brooks Automation during the second quarter valued at about $122,000. Riverhead Capital Management LLC lifted its position in shares of Brooks Automation by 49.9% during the second quarter. Riverhead Capital Management LLC now owns 5,697 shares of the semiconductor company’s stock valued at $123,000 after buying an additional 1,897 shares during the last quarter. Ameritas Investment Partners Inc. lifted its position in shares of Brooks Automation by 6.1% during the second quarter. Ameritas Investment Partners Inc. now owns 6,038 shares of the semiconductor company’s stock valued at $131,000 after buying an additional 348 shares during the last quarter. Finally, Flinton Capital Management LLC lifted its position in shares of Brooks Automation by 49.3% during the second quarter. Flinton Capital Management LLC now owns 6,272 shares of the semiconductor company’s stock valued at $136,000 after buying an additional 2,072 shares during the last quarter. Institutional investors own 90.15% of the company’s stock.

In other Brooks Automation news, insider David C. Gray sold 2,394 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were 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 Securities & Exchange Commission, which can be accessed through this link. Also, CEO Stephen S. Schwartz sold 8,667 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $33.80, for a total transaction of $292,944.60. The disclosure for this sale can be found here. Insiders sold a total of 76,258 shares of company stock valued at $2,226,732 over the last ninety days. 2.24% of the stock is currently owned by insiders.

Brooks Automation, Inc (NASDAQ BRKS) opened at $23.79 on Thursday. The company has a market cap of $1,663.50, a P/E ratio of 21.51 and a beta of 0.93. Brooks Automation, Inc has a 1 year low of $16.38 and a 1 year high of $34.77.

Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings data on Thursday, November 9th. The semiconductor company reported $0.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.06. The firm had revenue of $181.88 million during the quarter, compared to analyst estimates of $174.66 million. Brooks Automation had a net margin of 9.04% and a return on equity of 13.40%. Brooks Automation’s revenue was up 15.4% on a year-over-year basis. During the same period last year, the firm posted $0.22 EPS. analysts predict that Brooks Automation, Inc will post 1.33 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Thursday, November 30th. Brooks Automation’s payout ratio is currently 44.44%.

Several analysts have commented on BRKS shares. Citigroup increased their price target on shares of Brooks Automation from $31.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Stifel Nicolaus increased their price target on shares of Brooks Automation from $32.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Janney Montgomery Scott increased their price objective on shares of Brooks Automation from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, September 14th. B. Riley reaffirmed a “buy” rating and issued a $34.00 price objective on shares of Brooks Automation in a research report on Monday, November 13th. Finally, Zacks Investment Research lowered shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Brooks Automation presently has an average rating of “Hold” and an average price target of $31.57.

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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.

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Institutional Ownership by Quarter for Brooks Automation (NASDAQ:BRKS)

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