Could Brooks Automation Incorporated (NASDAQ:BRKS) Change Direction After More Shorts?

June 19, 2017 - By Maria Brooks

 Could Brooks Automation Incorporated (NASDAQ:BRKS) Change Direction After More Shorts?

Investors sentiment is 1.16 in 2016 Q4. Its the same as in 2016Q3. It has no change, as 12 investors sold Brooks Automation, Inc shares while 57 reduced holdings. only 31 funds opened positions while 49 raised stakes. 63.00 million shares or 1.07% less from 63.68 million shares in 2016Q3 were reported.
Profund Ltd Liability invested 0.01% in Brooks Automation, Inc (NASDAQ:BRKS). Trexquant L P owns 66,600 shares or 0.18% of their US portfolio. Victory Cap invested in 1.97M shares or 0.08% of the stock. State Common Retirement Fund reported 65,500 shares. Boston invested 0.04% in Brooks Automation, Inc (NASDAQ:BRKS). John G Ullman & has invested 1.98% in Brooks Automation, Inc (NASDAQ:BRKS). Schwab Charles Investment Management reported 394,811 shares. First Trust Lp, a Illinois-based fund reported 25,975 shares. Connor Clark Lunn Mngmt Ltd holds 0.01% in Brooks Automation, Inc (NASDAQ:BRKS) or 55,175 shares. Thrivent Financial For Lutherans owns 453,228 shares or 0.03% of their US portfolio. Natl Bank Of Montreal Can owns 0% invested in Brooks Automation, Inc (NASDAQ:BRKS) for 1,124 shares. Riverhead Cap Mngmt Ltd Company has 2,900 shares for 0% of their portfolio. Strs Ohio has 56,000 shares. Alliancebernstein Ltd Partnership invested in 0% or 91,525 shares. Wcm Invest Mgmt Ca has invested 0.02% in Brooks Automation, Inc (NASDAQ:BRKS).

Since January 4, 2017, it had 0 buys, and 8 insider sales for $2.14 million activity. Joseph Jason had sold 8,350 shares worth $163,493. Robertson Lindon G also sold $984,066 worth of Brooks Automation, Inc (NASDAQ:BRKS) shares. Jarzynka David also sold $51,639 worth of Brooks Automation, Inc (NASDAQ:BRKS) shares. 10,000 shares were sold by Pietrantoni David, worth $209,500. Another trade for 12,500 shares valued at $213,566 was sold by Montone William T..

The stock of Brooks Automation Incorporated (NASDAQ:BRKS) registered an increase of 7.94% in short interest. BRKS’s total short interest was 892,700 shares in June as published by FINRA. Its up 7.94% from 827,000 shares, reported previously. With 783,500 shares average volume, it will take short sellers 1 days to cover their BRKS’s short positions. The short interest to Brooks Automation Incorporated’s float is 1.37%.

About 109,260 shares traded. Brooks Automation, Inc (NASDAQ:BRKS) has risen 181.96% since June 19, 2016 and is uptrending. It has outperformed by 165.26% the S&P500.

Brooks Automation, Inc. is a provider of automation and cryogenic solutions for various applications and markets. The company has market cap of $1.76 billion. The Firm operates through two divisions: Brooks Semiconductor Solutions Group and Brooks Life Science Systems. It has a 37.65 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 5 analysts covering Brooks Automation (NASDAQ:BRKS), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Brooks Automation had 12 analyst reports since August 14, 2015 according to SRatingsIntel. Credit Suisse maintained the stock with “Underperform” rating in Tuesday, March 8 report. The firm has “Buy” rating given on Friday, July 29 by Needham. The stock has “Buy” rating by B. Riley & Co on Thursday, February 4. As per Wednesday, October 12, the company rating was upgraded by Citigroup. The firm has “Buy” rating given on Friday, October 9 by Needham. Citigroup maintained the stock with “Neutral” rating in Friday, August 14 report. The firm has “Neutral” rating given on Monday, January 9 by Credit Suisse. The rating was downgraded by Stifel Nicolaus to “Hold” on Tuesday, January 3. The rating was maintained by Needham on Thursday, February 2 with “Buy”. Needham maintained Brooks Automation, Inc (NASDAQ:BRKS) rating on Friday, November 6. Needham has “Buy” rating and $13 target.

More notable recent Brooks Automation, Inc (NASDAQ:BRKS) news were published by: Seekingalpha.com which released: “Brooks Automation’s (BRKS) CEO Steve Schwartz on Q1 2017 Results – Earnings …” on February 02, 2017, also Seekingalpha.com with their article: “Brooks Automation’s (BRKS) CEO Stephen Schwartz on Q2 2017 Results – Earnings …” published on April 30, 2017, Zacks.com published: “Bull of the Day: Brooks Automation (BRKS)” on May 31, 2017. More interesting news about Brooks Automation, Inc (NASDAQ:BRKS) were released by: Realmoney.Thestreet.com and their article: “Bigger Upside Move Seen for Brooks Automation” published on February 21, 2017 as well as Nasdaq.com‘s news article titled: “Brooks Automation to Present at the Jefferies Healthcare Conference” with publication date: June 05, 2017.

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