What’s Ahead for Brooks Automation Inc (NASDAQ:BRKS) After More Shorted Shares?

May 18, 2018 - By Maria Brooks

Brooks Automation, Inc. (NASDAQ:BRKS) Logo

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.11, from 1.24 in 2017Q3. It is negative, as 35 investors sold Brooks Automation, Inc. shares while 61 reduced holdings. 44 funds opened positions while 64 raised stakes. 61.55 million shares or 1.69% less from 62.61 million shares in 2017Q3 were reported.
Koch Industries has invested 0.08% of its portfolio in Brooks Automation, Inc. (NASDAQ:BRKS). Ls Investment Advisors stated it has 0.02% of its portfolio in Brooks Automation, Inc. (NASDAQ:BRKS). Rhumbline Advisers accumulated 0.01% or 163,391 shares. Ruggie Cap has 0.03% invested in Brooks Automation, Inc. (NASDAQ:BRKS). Barclays Public Ltd Com reported 16,013 shares. Voya Invest Mgmt Limited Liability Company stated it has 61,355 shares. Prudential Finance has 0.01% invested in Brooks Automation, Inc. (NASDAQ:BRKS) for 188,378 shares. Columbus Circle Investors reported 263,695 shares stake. Price T Rowe Assoc Incorporated Md reported 0% stake. First Trust Advsrs L P, Illinois-based fund reported 114,549 shares. Trexquant Lp holds 69,283 shares. Paradigm Mngmt Ny accumulated 63,450 shares. Landscape Cap Management Ltd Liability owns 37,713 shares or 0.08% of their US portfolio. Stratos Wealth Prtn Limited holds 0% in Brooks Automation, Inc. (NASDAQ:BRKS) or 1,622 shares. Legal General Gru Pcl holds 0% or 144,345 shares in its portfolio.

Since January 19, 2018, it had 0 buys, and 18 sales for $4.07 million activity. Gray David C sold $202,160 worth of Brooks Automation, Inc. (NASDAQ:BRKS) on Friday, March 9. On Thursday, May 10 SCHWARTZ STEPHEN S sold $900,000 worth of Brooks Automation, Inc. (NASDAQ:BRKS) or 30,000 shares. Another trade for 3,428 shares valued at $94,270 was made by Pietrantoni David on Friday, April 13. On Wednesday, March 21 Tenney Maurice H. sold $300,000 worth of Brooks Automation, Inc. (NASDAQ:BRKS) or 10,000 shares. The insider Robertson Lindon G sold $383,148. On Wednesday, March 21 Joseph Jason sold $120,000 worth of Brooks Automation, Inc. (NASDAQ:BRKS) or 4,000 shares.

The stock of Brooks Automation Inc (NASDAQ:BRKS) registered an increase of 1.85% in short interest. BRKS’s total short interest was 2.71 million shares in May as published by FINRA. Its up 1.85% from 2.66M shares, reported previously. With 478,400 shares average volume, it will take short sellers 6 days to cover their BRKS’s short positions. The short interest to Brooks Automation Inc’s float is 4.13%.

The stock decreased 1.89% or $0.56 during the last trading session, reaching $29.14. About 152,986 shares traded. Brooks Automation, Inc. (NASDAQ:BRKS) has risen 28.22% since May 18, 2017 and is uptrending. It has outperformed by 16.67% the S&P500.

Brooks Automation, Inc. provides automation and cryogenic solutions for various applications and markets. The company has market cap of $2.05 billion. It operates through two divisions, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. It has a 31.67 P/E ratio. The Brooks Semiconductor Solutions Group segment offers critical automated transport, vacuum, and contamination controls solutions and services.

Brooks Automation, Inc. (NASDAQ:BRKS) Ratings Coverage

Among 6 analysts covering Brooks Automation (NASDAQ:BRKS), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Brooks Automation had 7 analyst reports since December 21, 2017 according to SRatingsIntel. The stock of Brooks Automation, Inc. (NASDAQ:BRKS) has “Buy” rating given on Friday, February 2 by FBR Capital. The stock of Brooks Automation, Inc. (NASDAQ:BRKS) earned “Buy” rating by Stephens on Friday, February 2. The stock of Brooks Automation, Inc. (NASDAQ:BRKS) earned “Buy” rating by Citigroup on Wednesday, May 2. The rating was maintained by Credit Suisse with “Neutral” on Wednesday, May 2. The firm has “Buy” rating by B. Riley & Co given on Wednesday, May 2.

Another recent and important Brooks Automation, Inc. (NASDAQ:BRKS) news was published by Prnewswire.com which published an article titled: “Brooks Automation Announces 2018 Analyst and Investor Day” on May 07, 2018.

Brooks Automation, Inc. (NASDAQ:BRKS) Institutional Positions Chart

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