New England Research & Management Inc. acquired a new stake in Brooks Automation, Inc (NASDAQ:BRKS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,475 shares of the semiconductor company’s stock, valued at approximately $314,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Carroll Financial Associates Inc. increased its stake in shares of Brooks Automation by 475.5% in the 4th 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 last quarter. Tower Research Capital LLC TRC increased its stake in shares of Brooks Automation by 6,038.7% in the 2nd 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 last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Brooks Automation by 213.6% in the 2nd 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 last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Brooks Automation in the 2nd quarter worth $81,000. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Brooks Automation in the 3rd quarter worth $101,000. 98.53% of the stock is owned by hedge funds and other institutional investors.
In related news, CEO Stephen S. Schwartz sold 108,391 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $45.25, for a total transaction of $4,904,692.75. Following the completion of the transaction, the chief executive officer now directly owns 714,871 shares in the company, valued at approximately $32,347,912.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jason Joseph sold 6,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $42.63, for a total value of $255,780.00. Following the transaction, the senior vice president now owns 99,158 shares of the company’s stock, valued at $4,227,105.54. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 229,003 shares of company stock valued at $10,295,391. Company insiders own 2.66% of the company’s stock.
A number of brokerages have issued reports on BRKS. TheStreet raised Brooks Automation from a “c+” rating to a “b-” rating in a research note on Wednesday, November 6th. BidaskClub downgraded Brooks Automation from a “hold” rating to a “sell” rating in a research note on Saturday, February 1st. ValuEngine downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd. Finally, Zacks Investment Research downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $42.60.
Shares of NASDAQ BRKS traded up $0.68 during mid-day trading on Thursday, reaching $39.73. 216,000 shares of the company’s stock were exchanged, compared to its average volume of 421,084. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of 6.71 and a beta of 1.41. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.38. Brooks Automation, Inc has a 52-week low of $28.42 and a 52-week high of $50.35. The company’s 50-day moving average is $41.57 and its 200-day moving average is $39.52.
Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $200.23 million during the quarter, compared to analysts’ expectations of $195.38 million. Brooks Automation had a return on equity of 6.67% and a net margin of 55.99%. The company’s revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.40 EPS. As a group, equities analysts predict that Brooks Automation, Inc will post 1.26 earnings per share for the current fiscal year.
Brooks Automation 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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