November 28, 2016 - By Ellis Scott
Today, an insider trading trade was made. David Gray, the Chief Strategy & New Business and an insider of Brooks Automation Inc unloaded a total of 10,000 shares of Brooks Automation Inc, worth roughly $164,500 U.S Dollars, at $16.5 for every share at the time of the trade. David is trying to silently decrease his company’s share, same as he did in the last 30 days. He sold another 15,573 shares worth $239,046 USD. David Gray currently owns 103,111 shares which make up about 0.15% of the Massachusetts-Company’s market capitalization. David filled this sale on November 28, 2016. The Form 4 is accessible online here at the DC-based SEC website.
Out of 4 analysts covering Brooks Automation (NASDAQ:BRKS), 3 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 75% are positive. $16.50 is the highest target while $9.10 is the lowest. The $13.38 average target is -19.88% below today’s ($16.7) stock price. Brooks Automation has been the topic of 9 analyst reports since August 14, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Needham given on Friday, October 9. The stock of Brooks Automation, Inc (NASDAQ:BRKS) earned “Buy” rating by Needham on Friday, July 29. The firm earned “Underperform” rating on Tuesday, March 8 by Credit Suisse. The stock has “Buy” rating given by Citigroup on Wednesday, October 12. The firm has “Neutral” rating given on Friday, August 14 by Citigroup. Needham maintained Brooks Automation, Inc (NASDAQ:BRKS) rating on Friday, November 6. Needham has “Buy” rating and $13 price target. B. Riley & Co maintained the shares of BRKS in a report on Thursday, February 4 with “Buy” rating.
Insitutional Activity: The institutional sentiment decreased to 1.16 in Q2 2016. Its down 0.15, from 1.31 in 2016Q1. The ratio fall, as 16 funds sold all Brooks Automation, Inc shares owned while 38 reduced positions. 15 funds bought stakes while 56 increased positions. They now own 59.57 million shares or 2.20% more from 58.29 million shares in 2016Q1.
Bank & Trust Of New York Mellon, a New York-based fund reported 2.27 million shares. Legal & General Group Incorporated Public Ltd Com last reported 11,931 shares in the company. Paradigm Mngmt Ny owns 164,200 shares or 0.22% of their US portfolio. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Brooks Automation, Inc (NASDAQ:BRKS). Utd Automobile Association, a Texas-based fund reported 855,872 shares. The Quebec – Canada-based Public Sector Pension Inv Board has invested 0.01% in Brooks Automation, Inc (NASDAQ:BRKS). Northern Trust Corporation has 0.01% invested in the company for 2.30M shares. Symmetry Peak Limited Liability Com accumulated 0.09% or 48,972 shares. C M Bidwell & Assocs Ltd holds 16,370 shares or 0.05% of its portfolio. Dimensional Fund Advsr Ltd Partnership owns 5.80M shares or 0.04% of their US portfolio. Ls Advsrs Limited Liability Corporation holds 0% of its portfolio in Brooks Automation, Inc (NASDAQ:BRKS) for 2,361 shares. Kennedy Mgmt holds 0.08% of its portfolio in Brooks Automation, Inc (NASDAQ:BRKS) for 331,186 shares. State Street reported 1.31M shares or 0% of all its holdings. Parkside Financial Bank And Tru holds 1,989 shares or 0.01% of its portfolio. Clinton Group has 0.01% invested in the company for 28,235 shares.
Insider Transactions: Since June 2, 2016, the stock had 0 buys, and 22 selling transactions for $3.64 million net activity. Shares for $164,100 were sold by WOOLLACOTT ALFRED III. 4,000 Brooks Automation, Inc (NASDAQ:BRKS) shares with value of $52,000 were sold by Joseph Jason. 3,000 shares were sold by Montone William T., worth $34,590. The insider Gray David C sold 6,441 shares worth $82,058. Robertson Lindon G sold 29,267 shares worth $449,248. $158,100 worth of shares were sold by SCHWARTZ STEPHEN S on Monday, November 21. The insider Davis Robyn C sold 3,000 shares worth $46,530.
About 675,593 shares traded hands or 72.28% up from the average. Brooks Automation, Inc (NASDAQ:BRKS) has risen 67.10% since April 25, 2016 and is uptrending. It has outperformed by 61.09% the S&P500.
Brooks Automation, Inc. is a global well-known provider of automation, vacuum and instrumentation solutions for multiple markets, including semiconductor manufacturing, technology device manufacturing and life sciences. The company has a market cap of $1.16 billion. The Firm operates in three divisions: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems. It currently has negative earnings. The Brooks Product Solutions segment provides a variety of products and solutions that enable improved throughput and yield in controlled operating environments.
According to Zacks Investment Research, “Brooks Automation delivers automation solutions to the global semiconductor and related industries. The company’s hardware, factory/tool management software, and professional services can manage every wafer, reticle and data movement in the fab, helping semiconductor manufacturers optimize throughput, yield and cost reduction, while reducing their time to market. Brooks products and capabilities are used in virtually every fab in the world.”
Analysts await Brooks Automation, Inc (NASDAQ:BRKS) to report earnings on February, 1. They expect $0.20 EPS, up 900.00% or $0.18 from last year’s $0.02 per share. BRKS’s profit will be $13.89 million for 20.88 P/E if the $0.20 EPS becomes a reality. After $0.22 actual EPS reported by Brooks Automation, Inc for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.
More recent Brooks Automation, Inc (NASDAQ:BRKS) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Stanley Black & Decker, Brooks Automation and Sealed Air” on November 28, 2016. Also Marketwatch.com published the news titled: “/quotes/zigman/3870025/realtime” on December 21, 2009. Globenewswire.com‘s news article titled: “Brooks Automation Announces Fiscal 2016 Fourth Quarter And Year-End Earnings ..” with publication date: October 24, 2016 was also an interesting one.
Brooks Automation, Inc., incorporated on November 14, 1994, is a well-known provider of automation and cryogenic solutions for semiconductor manufacturing and life sciences markets. The Firm operates through three divisions: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems.
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By Ellis Scott