Royal Bank of Canada Sell Shares in Brooks Automation

Brooks

November 16, 2017

Royal Bank of Canada reduced its stake in Brooks Automation, Inc. (NASDAQ:BRKS) by 18.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,087 shares of the semiconductor company’s stock after selling 4,890 shares during the period. Royal Bank of Canada’s holdings in Brooks Automation were worth $458,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Quantbot Technologies LP acquired a new stake in shares of Brooks Automation in the 2nd quarter valued at approximately $104,000. Advisor Group Inc. acquired a new stake in shares of Brooks Automation in the 2nd quarter valued at approximately $122,000. Riverhead Capital Management LLC boosted its stake in shares of Brooks Automation by 49.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 5,697 shares of the semiconductor company’s stock valued at $123,000 after purchasing an additional 1,897 shares in the last quarter. First Quadrant L P CA acquired a new stake in shares of Brooks Automation in the 2nd quarter valued at approximately $201,000. Finally, Amalgamated Bank acquired a new stake in shares of Brooks Automation in the 1st quarter valued at approximately $206,000. Institutional investors own 90.56% of the company’s stock.

In other Brooks Automation news, CEO Stephen S. Schwartz sold 27,915 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $28.55, for a total transaction of $796,973.25. Following the completion of the transaction, the chief executive officer now owns 661,852 shares in the company, valued at approximately $18,895,874.60. 

Full story: https://weekherald.com/2017/11/14/brooks-automation-inc-brks-shares-sold-by-royal-bank-of-canada.html

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