Exchange Traded Concepts LLC acquired a new position in shares of Brooks Automation, Inc (NASDAQ:BRKS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,654 shares of the semiconductor company’s stock, valued at approximately $69,000.
Several other large investors have also recently bought and sold shares of the stock. Carroll Financial Associates Inc. increased its position in Brooks Automation by 475.5% during the fourth quarter. Carroll Financial Associates Inc. now owns 1,105 shares of the semiconductor company’s stock worth $46,000 after buying an additional 913 shares during the last quarter. Huntington National Bank lifted its position in Brooks Automation by 118,500.0% during the fourth quarter. Huntington National Bank now owns 1,186 shares of the semiconductor company’s stock worth $50,000 after acquiring an additional 1,185 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Brooks Automation by 6,038.7% during the second quarter. Tower Research Capital LLC TRC now owns 1,903 shares of the semiconductor company’s stock worth $74,000 after acquiring an additional 1,872 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Brooks Automation by 213.6% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,076 shares of the semiconductor company’s stock worth $80,000 after acquiring an additional 1,414 shares during the period. Finally, Point72 Asset Management L.P. acquired a new position in shares of Brooks Automation in the second quarter valued at approximately $81,000. Institutional investors and hedge funds own 98.48% of the company’s stock.
In other news, SVP Jason Joseph sold 6,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $42.63, for a total transaction of $255,780.00. Following the transaction, the senior vice president now owns 99,158 shares of the company’s stock, valued at approximately $4,227,105.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David C. Gray sold 25,317 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $45.25, for a total transaction of $1,145,594.25. Following the transaction, the insider now owns 110,018 shares in the company, valued at approximately $4,978,314.50. The disclosure for this sale can be found here. Insiders have sold 233,337 shares of company stock worth $10,499,089 over the last three months. Insiders own 2.66% of the company’s stock.
Shares of BRKS opened at $38.08 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.38 and a quick ratio of 2.01. Brooks Automation, Inc has a one year low of $28.42 and a one year high of $50.35. The company has a market cap of $2.80 billion, a P/E ratio of 6.30 and a beta of 1.37. The firm has a 50 day simple moving average of $41.91 and a two-hundred day simple moving average of $39.54.
Brooks Automation (NASDAQ:BRKS) last posted its earnings results on Wednesday, November 6th. The semiconductor company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. Brooks Automation had a net margin of 55.99% and a return on equity of 6.67%. The firm had revenue of $200.23 million during the quarter, compared to analysts’ expectations of $195.38 million. During the same quarter in the prior year, the business earned $0.40 earnings per share. The business’s revenue for the quarter was up 25.4% compared to the same quarter last year. On average, analysts expect that Brooks Automation, Inc will post 1.26 earnings per share for the current fiscal year.
Several analysts recently weighed in on the company. Zacks Investment Research raised Brooks Automation from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a report on Tuesday, January 7th. ValuEngine downgraded Brooks Automation from a “buy” rating to a “hold” rating in a report on Tuesday, December 3rd. TheStreet raised shares of Brooks Automation from a “c+” rating to a “b-” rating in a report on Wednesday, November 6th. Finally, BidaskClub cut Brooks Automation from a “hold” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $42.60.
Brooks Automation Company Profile
Brooks Automation, Inc provides automation and cryogenic solutions for various markets. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers mission-critical wafer automation and contamination controls solutions and services.
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