Insiders at Brooks Automation (BRKS) Make Significant Stock Sales

Wednesday, November 08, 2017 10:15 PM ET

Insiders at Brooks Automation (BRKS) Make Significant Stock Sales

There was significant selling of Brooks Automation shares by insiders today, as revealed in form 4 documents filed with the SEC. Eight insiders listed below, disposed of 37,136 shares in the company having a market value of approximately $1,255,197. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 4,642 shares per transaction.

The number of insider buy/sell trades at Brooks Automation is greater than that of the 24 peer company average over the last 90-day period. The Semiconductor Equipment & Testing peer group saw 42 buy/sell trades during this period for an average of 1.8 transactions per company. However, the number of shares traded per transaction by Brooks Automation insiders is lower than its peers. Within the peer group there were 9,000 shares purchased and 271,031 shares sold with company insiders having sold 6,239 shares on average over this time period.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data used to compose and write this story.

Today’s Insider Activity
* Stephen S Schwartz, Director and Officer, sold 8,667 shares
* David C Gray, Officer, sold 2,394 shares
* Jason Joseph, Officer, sold 2,257 shares
* Lindon G Robertson, Officer, sold 3,990 shares
* Maurice H Tenney, Officer, sold 13,788 shares
* William T Montone, Officer, sold 2,257 shares
* David Pietrantoni, Officer, sold 1,307 shares
* David Jarzynka, Officer, sold 2,476 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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