30,662 Shares in Brooks Automation, Inc (NASDAQ:BRKS) Purchased by Duality Advisers LP

Duality Advisers LP acquired a new stake in Brooks Automation, Inc (NASDAQ:BRKS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 30,662 shares of the semiconductor company’s stock, valued at approximately $1,356,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BRKS. Wells Fargo & Company MN grew its position in shares of Brooks Automation by 23.7% in the 1st quarter. Wells Fargo & Company MN now owns 2,739,586 shares of the semiconductor company’s stock worth $83,557,000 after acquiring an additional 525,602 shares in the last quarter. William Blair Investment Management LLC acquired a new position in Brooks Automation in the first quarter worth $81,183,000. State Street Corp boosted its holdings in Brooks Automation by 8.9% in the first quarter. State Street Corp now owns 2,225,416 shares of the semiconductor company’s stock worth $67,875,000 after purchasing an additional 182,090 shares during the period. Tower House Partners LLP raised its holdings in shares of Brooks Automation by 38.1% during the first quarter. Tower House Partners LLP now owns 1,450,000 shares of the semiconductor company’s stock worth $44,225,000 after purchasing an additional 400,000 shares during the period. Finally, FMR LLC raised its holdings in shares of Brooks Automation by 226.6% during the first quarter. FMR LLC now owns 1,397,834 shares of the semiconductor company’s stock worth $40,999,000 after purchasing an additional 969,851 shares during the period. Hedge funds and other institutional investors own 97.97% of the company’s stock.

In other news, Director Joseph R. Martin sold 5,000 shares of Brooks Automation stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $40.54, for a total value of $202,700.00. Following the transaction, the director now owns 83,619 shares of the company’s stock, valued at approximately $3,389,914.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Stephen S. Schwartz sold 20,000 shares of Brooks Automation stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $45.00, for a total transaction of $900,000.00. Following the completion of the transaction, the chief executive officer now directly owns 539,244 shares in the company, valued at approximately $24,265,980. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 46,744 shares of company stock valued at $2,068,688. 2.66% of the stock is currently owned by corporate insiders.

A number of equities research analysts recently weighed in on the stock. ValuEngine raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a research report on Friday, May 1st. BidaskClub upgraded Brooks Automation from a “hold” rating to a “buy” rating in a research report on Friday, June 19th. Zacks Investment Research downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Needham & Company LLC began coverage on shares of Brooks Automation in a research report on Tuesday, June 2nd. They set a “hold” rating for the company. Finally, Credit Suisse Group reiterated a “hold” rating and issued a $40.00 price objective on shares of Brooks Automation in a research report on Friday. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Brooks Automation has a consensus rating of “Hold” and a consensus price target of $45.83.

Shares of BRKS opened at $54.45 on Friday. The firm has a market capitalization of $4.02 billion, a PE ratio of 8.81 and a beta of 1.49. The company has a quick ratio of 2.36, a current ratio of 2.91 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average price of $43.78 and a 200 day moving average price of $38.24. Brooks Automation, Inc has a 52-week low of $21.19 and a 52-week high of $54.53.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.12. Brooks Automation had a net margin of 52.69% and a return on equity of 6.61%. The company had revenue of $220.35 million during the quarter, compared to analyst estimates of $207.25 million. On average, equities analysts expect that Brooks Automation, Inc will post 0.88 EPS for the current year.

Brooks Automation Company 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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Institutional Ownership by Quarter for Brooks Automation (NASDAQ:BRKS)

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