Brooks Automation, Inc (NASDAQ:BRKS) SVP William T. Montone sold 1,026 shares of the company’s stock in a transaction dated Monday, November 5th. The stock was sold at an average price of $31.76, for a total value of $32,585.76. Following the completion of the transaction, the senior vice president now owns 107,532 shares in the company, valued at $3,415,216.32. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Brooks Automation stock opened at $29.91 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.48 and a current ratio of 3.29. The stock has a market cap of $2.28 billion, a PE ratio of 24.12 and a beta of 1.16. Brooks Automation, Inc has a 12 month low of $21.75 and a 12 month high of $39.75.

BRKS has been the topic of a number of research analyst reports. Citigroup upped their target price on Brooks Automation from $31.00 to $37.00 and gave the stock a “buy” rating in a research note on Friday, July 13th. ValuEngine lowered Brooks Automation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 24th. BidaskClub lowered Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 25th. Zacks Investment Research lowered Brooks Automation from a “buy” rating to a “hold” rating in a research note on Monday, August 6th. Finally, Stephens restated a “buy” rating and issued a $35.00 target price on shares of Brooks Automation in a research note on Tuesday, August 7th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $40.00.

Several institutional investors have recently made changes to their positions in the company. Crawford Investment Counsel Inc. increased its position in shares of Brooks Automation by 12.0% during the 3rd quarter. Crawford Investment Counsel Inc. now owns 132,634 shares of the semiconductor company’s stock valued at $4,646,000 after purchasing an additional 14,190 shares during the last quarter. FMR LLC bought a new position in shares of Brooks Automation during the 3rd quarter valued at about $28,276,000. BlackRock Inc. increased its position in shares of Brooks Automation by 4.4% during the 3rd quarter. BlackRock Inc. now owns 10,130,943 shares of the semiconductor company’s stock valued at $354,887,000 after purchasing an additional 423,039 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Brooks Automation by 2.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,953,453 shares of the semiconductor company’s stock valued at $68,429,000 after purchasing an additional 37,547 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of Brooks Automation by 2.9% during the 3rd quarter. Alliancebernstein L.P. now owns 110,925 shares of the semiconductor company’s stock valued at $3,886,000 after purchasing an additional 3,100 shares during the last quarter. Hedge funds and other institutional investors own 94.81% of the company’s stock.

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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.

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