Brooks Automation, Inc (BRKS) Insider David C. Gray Sells 1,933 Shares

Brooks Automation, Inc (NASDAQ:BRKS) insider David C. Gray sold 1,933 shares of the firm’s stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $31.77, for a total transaction of $61,411.41. Following the sale, the insider now directly owns 145,777 shares in the company, valued at $4,631,335.29. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of BRKS traded down $0.09 during mid-day trading on Wednesday, hitting $32.30. The company had a trading volume of 589,051 shares, compared to its average volume of 748,715. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.48 and a current ratio of 3.29. Brooks Automation, Inc has a 1-year low of $21.75 and a 1-year high of $39.75. The stock has a market capitalization of $2.33 billion, a PE ratio of 26.05 and a beta of 1.16.

Several institutional investors and hedge funds have recently added to or reduced their stakes in BRKS. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Brooks Automation by 2,539.1% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,905 shares of the semiconductor company’s stock worth $349,000 after acquiring an additional 12,416 shares during the last quarter. LPL Financial LLC acquired a new stake in shares of Brooks Automation in the first quarter worth approximately $223,000. Xact Kapitalforvaltning AB acquired a new stake in shares of Brooks Automation in the first quarter worth approximately $314,000. Principal Financial Group Inc. boosted its position in shares of Brooks Automation by 3.0% in the first quarter. Principal Financial Group Inc. now owns 568,039 shares of the semiconductor company’s stock worth $15,383,000 after acquiring an additional 16,330 shares during the last quarter. Finally, Brown Advisory Inc. acquired a new stake in shares of Brooks Automation in the first quarter worth approximately $1,374,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Brooks Automation from a “sell” rating to a “hold” rating in a research note on Tuesday. ValuEngine cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Wednesday, September 26th. Citigroup raised their price target on shares of Brooks Automation from $38.00 to $41.00 and gave the stock a “buy” rating in a research note on Tuesday, September 25th. BidaskClub cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Tuesday, September 11th. Finally, B. Riley raised their price target on shares of Brooks Automation from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, September 4th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $39.71.

COPYRIGHT VIOLATION WARNING: “Brooks Automation, Inc (BRKS) Insider David C. Gray Sells 1,933 Shares” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another publication, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this article can be read at https://www.dispatchtribunal.com/2018/11/07/brooks-automation-inc-brks-insider-david-c-gray-sells-1933-shares.html.

Brooks Automation Company Profile

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.

Further Reading: How Do Tariffs Affect Trade Balances?

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

Receive News & Ratings for Brooks Automation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brooks Automation and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply