Brooks Automation, Inc (NASDAQ:BRKS) VP Jason Joseph sold 1,965 shares of the firm’s stock in a transaction dated Tuesday, August 28th. The shares were sold at an average price of $38.00, for a total transaction of $74,670.00. Following the completion of the sale, the vice president now owns 86,868 shares in the company, valued at $3,300,984. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Jason Joseph also recently made the following trade(s):

  • On Friday, June 15th, Jason Joseph sold 15,609 shares of Brooks Automation stock. The shares were sold at an average price of $35.10, for a total transaction of $547,875.90.

Shares of Brooks Automation stock opened at $39.01 on Friday. The company has a market capitalization of $2.80 billion, a P/E ratio of 31.46 and a beta of 1.00. The company has a quick ratio of 2.48, a current ratio of 3.29 and a debt-to-equity ratio of 0.27. Brooks Automation, Inc has a 52 week low of $21.75 and a 52 week high of $39.75.

Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings data on Monday, August 6th. The semiconductor company reported $0.46 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.03. The firm had revenue of $223.48 million during the quarter, compared to analyst estimates of $218.98 million. Brooks Automation had a net margin of 15.40% and a return on equity of 16.28%. Brooks Automation’s revenue was up 23.0% on a year-over-year basis. During the same period last year, the firm posted $0.36 EPS. analysts expect that Brooks Automation, Inc will post 1.54 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 7th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Thursday, September 6th. Brooks Automation’s payout ratio is currently 32.26%.

A number of analysts have recently weighed in on BRKS shares. Zacks Investment Research upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Thursday, May 3rd. BidaskClub cut shares of Brooks Automation from a “strong-buy” rating to a “buy” rating in a report on Friday, June 8th. ValuEngine upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating in a report on Friday, June 15th. Finally, Citigroup raised their price target on shares of Brooks Automation from $31.00 to $37.00 and gave the company a “buy” rating in a report on Friday, July 13th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Brooks Automation currently has an average rating of “Buy” and an average price target of $37.71.

Institutional investors have recently made changes to their positions in the stock. Systematic Financial Management LP raised its position in shares of Brooks Automation by 14.2% in the 2nd quarter. Systematic Financial Management LP now owns 303,716 shares of the semiconductor company’s stock valued at $9,907,000 after purchasing an additional 37,741 shares during the last quarter. Engineers Gate Manager LP purchased a new position in shares of Brooks Automation in the 2nd quarter valued at approximately $600,000. Rice Hall James & Associates LLC raised its position in shares of Brooks Automation by 461.2% in the 2nd quarter. Rice Hall James & Associates LLC now owns 372,485 shares of the semiconductor company’s stock valued at $12,150,000 after purchasing an additional 306,110 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Brooks Automation by 3.0% in the 1st quarter. Principal Financial Group Inc. now owns 568,039 shares of the semiconductor company’s stock valued at $15,383,000 after purchasing an additional 16,330 shares during the last quarter. Finally, Boston Partners raised its position in shares of Brooks Automation by 0.5% in the 2nd quarter. Boston Partners now owns 2,051,596 shares of the semiconductor company’s stock valued at $66,924,000 after purchasing an additional 10,215 shares during the last quarter. 94.64% of the stock is owned by hedge funds and other institutional investors.

About Brooks Automation

Brooks Automation, Inc provides automation and cryogenic solutions for various applications and markets. It operates in 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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