November 28, 2016 - By Richard Conner · 0 Comments
The stock of Brooks Automation Incorporated (NASDAQ:BRKS) registered a decrease of 5.93% in short interest. BRKS’s total short interest was 916,200 shares in November as published by FINRA. Its down 5.93% from 974,000 shares, reported previously. With 212,100 shares average volume, it will take short sellers 4 days to cover their BRKS’s short positions. The short interest to Brooks Automation Incorporated’s float is 1.42%. The stock closed at $16.66 during the last session. It is down 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 $1.15 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.
Insitutional Activity: The institutional sentiment decreased to 1.16 in Q2 2016. Its down 0.15, from 1.31 in 2016Q1. The ratio dropped, 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.
Deere And Co holds 28,809 shares or 0.02% of its portfolio. Barclays Public Ltd Liability Com holds 0% of its portfolio in Brooks Automation, Inc (NASDAQ:BRKS) for 82,611 shares. Boston Private Wealth Llc reported 18,149 shares or 0.01% of all its holdings. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Corporation last reported 0% of its portfolio in the stock. The Pennsylvania-based Federated Investors Pa has invested 0.01% in Brooks Automation, Inc (NASDAQ:BRKS). California State Teachers Retirement System accumulated 0% or 142,483 shares. Deutsche State Bank Ag has 0% invested in the company for 127,630 shares. Voya Investment Lc holds 0% of its portfolio in Brooks Automation, Inc (NASDAQ:BRKS) for 73,672 shares. Majedie Asset Management Ltd accumulated 1.60M shares or 2.97% of the stock. Vident Inv Advisory Ltd Company, a Georgia-based fund reported 80,744 shares. Sector Pension Inv Board owns 48,519 shares or 0.01% of their US portfolio. D E Shaw has 128,203 shares for 0% of their US portfolio. Gsa Prns Limited Liability Partnership has 37,526 shares for 0.02% of their US portfolio. C M Bidwell & Assoc Ltd last reported 0.05% of its portfolio in the stock. Alliancebernstein Ltd Partnership last reported 111,925 shares in the company.
Insider Transactions: Since June 2, 2016, the stock had 0 insider purchases, and 23 insider sales for $3.68 million net activity. Another trade for 6,441 shares valued at $82,058 was made by Gray David C on Friday, September 16. On Wednesday, July 20 the insider Montone William T. sold $62,500. Pietrantoni David also sold $104,242 worth of Brooks Automation, Inc (NASDAQ:BRKS) shares. $150,000 worth of Brooks Automation, Inc (NASDAQ:BRKS) shares were sold by SCHWARTZ STEPHEN S. On Wednesday, November 16 the insider Tenney Maurice H. sold $232,046. Joseph Jason also sold $34,500 worth of Brooks Automation, Inc (NASDAQ:BRKS) on Thursday, June 2. On Tuesday, November 15 the insider Davis Robyn C sold $46,530.
Out of 4 analysts covering Brooks Automation (NASDAQ:BRKS), 3 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 75% are positive. Brooks Automation has been the topic of 9 analyst reports since August 14, 2015 according to StockzIntelligence Inc. Needham maintained Brooks Automation, Inc (NASDAQ:BRKS) rating on Friday, July 29. Needham has “Buy” rating and $15 price target. Credit Suisse maintained it with “Underperform” rating and $10 target price in Tuesday, March 8 report. The stock has “Neutral” rating given by Citigroup on Friday, August 14. On Wednesday, October 12 the stock rating was upgraded by Citigroup to “Buy”. The rating was maintained by B. Riley & Co with “Buy” on Thursday, February 4. Needham maintained Brooks Automation, Inc (NASDAQ:BRKS) rating on Friday, November 6. Needham has “Buy” rating and $13 price target. Needham maintained the shares of BRKS in a report on Friday, October 9 with “Buy” rating.
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.
More recent Brooks Automation, Inc (NASDAQ:BRKS) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on December 21, 2009. Also Globenewswire.com published the news titled: “Brooks Automation Announces Fiscal 2016 Fourth Quarter And Year-End Earnings …” on October 24, 2016. Nasdaq.com‘s news article titled: “Brooks Automation (BRKS): Strong Industry, Solid Earnings Estimate Revisions” with publication date: November 21, 2016 was also an interesting one.
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By Richard Conner