Brooks Automation, Inc (NASDAQ:BRKS) SVP Jason Joseph sold 6,000 shares of Brooks Automation stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $42.63, for a total transaction of $255,780.00. Following the sale, the senior vice president now directly owns 99,158 shares of the company’s stock, valued at $4,227,105.54. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Jason Joseph also recently made the following trade(s):
- On Wednesday, November 20th, Jason Joseph sold 24,198 shares of Brooks Automation stock. The stock was sold at an average price of $45.25, for a total transaction of $1,094,959.50.
- On Thursday, October 24th, Jason Joseph sold 5,478 shares of Brooks Automation stock. The stock was sold at an average price of $42.50, for a total transaction of $232,815.00.
Shares of NASDAQ:BRKS opened at $40.89 on Friday. The company has a 50-day simple moving average of $42.17 and a 200-day simple moving average of $39.52. Brooks Automation, Inc has a one year low of $28.42 and a one year high of $50.35. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.38. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 6.77 and a beta of 1.37.
Brooks Automation (NASDAQ:BRKS) last announced its earnings results on Wednesday, November 6th. The semiconductor company reported $0.24 EPS for the quarter, beating 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 business had revenue of $200.23 million during the quarter, compared to analysts’ expectations of $195.38 million. During the same period in the prior year, the company earned $0.40 earnings per share. The business’s revenue was up 25.4% compared to the same quarter last year. As a group, research analysts forecast that Brooks Automation, Inc will post 1.26 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of BRKS. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Brooks Automation during the fourth quarter worth about $38,000. Carroll Financial Associates Inc. increased its stake in shares of 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 acquiring an additional 913 shares during the period. Valeo Financial Advisors LLC acquired a new position in shares of Brooks Automation during the fourth quarter worth about $46,000. Huntington National Bank increased its stake in shares of 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 period. Finally, Exchange Traded Concepts LLC acquired a new position in shares of Brooks Automation during the fourth quarter worth about $69,000. Institutional investors and hedge funds own 98.66% of the company’s stock.
A number of equities research analysts recently weighed in on BRKS shares. Zacks Investment Research raised shares of Brooks Automation from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Tuesday, January 7th. TheStreet raised shares of Brooks Automation from a “c+” rating to a “b-” rating in a research report on Wednesday, November 6th. BidaskClub cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, ValuEngine cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $42.60.
About Brooks Automation
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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