Brooks Automation, Inc (NASDAQ:BRKS) SVP William T. Montone sold 7,478 shares of the company’s stock in a transaction on Wednesday, March 21st. The stock was sold at an average price of $30.00, for a total transaction of $224,340.00. Following the completion of the transaction, the senior vice president now directly owns 125,847 shares in the company, valued at $3,775,410. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Brooks Automation stock traded down $1.10 during trading hours on Thursday, reaching $29.05. 512,811 shares of the company were exchanged, compared to its average volume of 916,348. The company has a market capitalization of $2,070.63, a PE ratio of 31.24 and a beta of 0.97. Brooks Automation, Inc has a 12-month low of $20.70 and a 12-month high of $34.77. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.33 and a quick ratio of 2.56.

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Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Thursday, February 1st. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.03. The firm had revenue of $189.33 million during the quarter, compared to analysts’ expectations of $184.48 million. Brooks Automation had a net margin of 9.03% and a return on equity of 14.43%. Brooks Automation’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.25 earnings per share. equities analysts anticipate that Brooks Automation, Inc will post 1.41 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 2nd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Thursday, March 1st. Brooks Automation’s dividend payout ratio is presently 43.01%.

BRKS has been the topic of a number of research reports. BidaskClub raised shares of Brooks Automation from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 9th. Stephens initiated coverage on shares of Brooks Automation in a research note on Thursday, December 21st. They issued an “overweight” rating and a $32.00 price target on the stock. Zacks Investment Research raised shares of Brooks Automation from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research note on Tuesday, February 6th. B. Riley upped their price target on shares of Brooks Automation from $34.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Finally, Janney Montgomery Scott set a $35.00 price target on shares of Brooks Automation and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Brooks Automation presently has an average rating of “Buy” and a consensus target price of $32.88.

A number of large investors have recently modified their holdings of BRKS. Global X Management Co. LLC boosted its holdings in Brooks Automation by 127.6% in the fourth quarter. Global X Management Co. LLC now owns 772,219 shares of the semiconductor company’s stock worth $18,417,000 after purchasing an additional 432,978 shares in the last quarter. Glenmede Trust Co. NA boosted its holdings in Brooks Automation by 40.4% in the fourth quarter. Glenmede Trust Co. NA now owns 1,478,911 shares of the semiconductor company’s stock worth $35,270,000 after purchasing an additional 425,807 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Brooks Automation by 104.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 771,244 shares of the semiconductor company’s stock worth $18,394,000 after purchasing an additional 393,416 shares in the last quarter. Westwood Holdings Group Inc. boosted its holdings in Brooks Automation by 74.7% in the fourth quarter. Westwood Holdings Group Inc. now owns 882,810 shares of the semiconductor company’s stock worth $21,055,000 after purchasing an additional 377,435 shares in the last quarter. Finally, Jennison Associates LLC boosted its holdings in Brooks Automation by 441.6% in the fourth quarter. Jennison Associates LLC now owns 392,147 shares of the semiconductor company’s stock worth $9,353,000 after purchasing an additional 319,747 shares in the last quarter. Hedge funds and other institutional investors own 90.22% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Brooks Automation (NASDAQ:BRKS)

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