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

September 17, 2017 - By Marry Poplack

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

Investors sentiment is 1.16 in Q4 2016. Its the same as in 2016Q3. It is the same, 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.
Invesco Ltd, a Georgia-based fund reported 978,647 shares. Hillsdale holds 0.22% in Brooks Automation, Inc (NASDAQ:BRKS) or 61,400 shares. 2,234 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Airain Ltd invested in 0.02% or 15,277 shares. The New Jersey-based Systematic Mgmt Lp has invested 0.21% in Brooks Automation, Inc (NASDAQ:BRKS). Bnp Paribas Arbitrage invested 0% in Brooks Automation, Inc (NASDAQ:BRKS). First Manhattan reported 15,288 shares. Mason Street Advisors Ltd reported 0.01% stake. Wellington Mngmt Gru Ltd Liability Partnership invested 0.01% in Brooks Automation, Inc (NASDAQ:BRKS). C M Bidwell And Associate Ltd accumulated 22,280 shares. Parametric Portfolio Assoc Limited Liability Co invested 0% in Brooks Automation, Inc (NASDAQ:BRKS). Riverhead Lc invested 0% of its portfolio in Brooks Automation, Inc (NASDAQ:BRKS). Teachers Retirement Systems Of The State Of Kentucky holds 0% of its portfolio in Brooks Automation, Inc (NASDAQ:BRKS) for 18,442 shares. Boston Partners has 0.04% invested in Brooks Automation, Inc (NASDAQ:BRKS). 10,100 were accumulated by Pnc Finance Service Gru.

Since May 5, 2017, it had 0 insider buys, and 1 sale for $51,639 activity. The insider Jarzynka David sold 1,977 shares worth $51,639.

The stock of Brooks Automation Incorporated (NASDAQ:BRKS) registered an increase of 1.47% in short interest. BRKS’s total short interest was 760,800 shares in September as published by FINRA. Its up 1.47% from 749,800 shares, reported previously. With 425,300 shares average volume, it will take short sellers 2 days to cover their BRKS’s short positions. The short interest to Brooks Automation Incorporated’s float is 1.17%.

The stock decreased 0.21% or $0.06 on September 15, reaching $28.53. About 1.33 million shares traded or 125.60% up from the average. Brooks Automation, Inc (NASDAQ:BRKS) has risen 181.96% since September 17, 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 $1.99 billion. The Firm operates through two divisions: Brooks Semiconductor Solutions Group and Brooks Life Science Systems. It has a 35.75 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), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Brooks Automation had 15 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating by Needham given on Thursday, February 2. The stock has “Buy” rating by B. Riley & Co on Thursday, August 3. Credit Suisse maintained Brooks Automation, Inc (NASDAQ:BRKS) rating on Thursday, August 3. Credit Suisse has “Neutral” rating and $26 target. As per Friday, October 9, the company rating was maintained by Needham. The company was maintained on Tuesday, March 8 by Credit Suisse. The stock of Brooks Automation, Inc (NASDAQ:BRKS) has “Buy” rating given on Friday, November 6 by Needham. The firm has “Buy” rating given on Monday, August 7 by Stifel Nicolaus. The firm earned “Neutral” rating on Friday, August 14 by Citigroup. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, January 3. The company was upgraded on Monday, January 9 by Credit Suisse.

More notable recent Brooks Automation, Inc (NASDAQ:BRKS) news were published by: Globenewswire.com which released: “Brooks Automation Announces the Acquisition of Pacific Bio-Material Management …” on July 05, 2017, also Fool.com with their article: “Why Brooks Automation, Inc’s Shares Popped 19% Today” published on February 02, 2017, Nasdaq.com published: “Brooks Automation, Inc. (BRKS) Ex-Dividend Date Scheduled for September 07, 2017” on September 06, 2017. More interesting news about Brooks Automation, Inc (NASDAQ:BRKS) were released by: Globenewswire.com and their article: “Brooks Automation to Participate in the CEO Investor Summit 2017” published on June 21, 2017 as well as Seekingalpha.com‘s news article titled: “Brooks Automation’s (BRKS) CEO Steve Schwartz on Q3 2017 Results – Earnings …” with publication date: August 03, 2017.

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