Brooks Automation Inc. (NASDAQ:BRKS) Director Robyn C. Davis sold 3,000 shares of the company’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $15.51, for a total transaction of $46,530.00. Following the sale, the director now directly owns 3,569 shares of the company’s stock, valued at approximately $55,355.19. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Brooks Automation Inc. (NASDAQ:BRKS) traded up 2.178% during trading on Thursday, hitting $15.715. 316,374 shares of the stock traded hands. The firm has a market cap of $1078.66 billion, a PE ratio of 33.436 and a beta of 1.07. The company’s 50 day moving average is $13.60 and its 200 day moving average is $12.22. Brooks Automation Inc. has a 52-week low of $8.33 and a 52-week high of $15.80.

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

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 23rd. Shareholders of record on Friday, December 2nd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date is Wednesday, November 30th. Brooks Automation’s payout ratio is currently -39.22%.

Several analysts recently issued reports on the stock. B. Riley reaffirmed a “buy” rating and set a $16.00 price objective on shares of Brooks Automation in a research note on Monday, November 7th. Zacks Investment Research raised shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a research note on Friday, November 11th. Citigroup Inc. dropped their price objective on shares of Brooks Automation from $12.50 to $9.30 and set a “neutral” rating for the company in a research note on Monday, September 12th. TheStreet raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 24th. Finally, Janney Montgomery Scott started coverage on shares of Brooks Automation in a research note on Tuesday, September 13th. They issued a “buy” rating and a $20.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Brooks Automation currently has a consensus rating of “Buy” and an average target price of $15.72.

A number of institutional investors have recently made changes to their positions in BRKS. BlackRock Fund Advisors boosted its position in shares of Brooks Automation by 2.0% in the first quarter. BlackRock Fund Advisors now owns 4,266,015 shares of the company’s stock worth $44,367,000 after buying an additional 85,534 shares during the last quarter. Kennedy Capital Management Inc. boosted its position in shares of Brooks Automation by 19.6% in the first quarter. Kennedy Capital Management Inc. now owns 348,387 shares of the company’s stock worth $3,623,000 after buying an additional 57,078 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of Brooks Automation by 28.9% in the first quarter. Prudential Financial Inc. now owns 228,968 shares of the company’s stock worth $2,382,000 after buying an additional 51,400 shares during the last quarter. Rice Hall James & Associates LLC boosted its position 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 worth $2,247,000 after buying an additional 51,565 shares during the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Brooks Automation by 2.9% in the second quarter. California Public Employees Retirement System now owns 178,500 shares of the company’s stock worth $2,003,000 after buying an additional 5,100 shares during the last quarter. Institutional investors own 91.48% of the company’s stock.

About Brooks Automation

Brooks Automation, Inc is a global provider of automation, vacuum and instrumentation solutions for multiple markets, including semiconductor manufacturing, technology device manufacturing and life sciences. The Company operates in three segments: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems.

5 Day Chart for NASDAQ:BRKS

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