Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Sells $88,160.00 in Stock

Bright Horizons Family Solutions Inc. (NYSE:BFAMGet Free Report) COO Mary Lou Burke sold 800 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $110.20, for a total transaction of $88,160.00. Following the transaction, the chief operating officer now owns 36,925 shares in the company, valued at $4,069,135. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Mary Lou Burke also recently made the following trade(s):

  • On Monday, June 10th, Mary Lou Burke sold 800 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $106.42, for a total transaction of $85,136.00.

Bright Horizons Family Solutions Trading Down 1.3 %

Shares of NYSE:BFAM traded down $1.49 during mid-day trading on Monday, reaching $109.97. The stock had a trading volume of 242,594 shares, compared to its average volume of 340,103. The firm has a 50 day simple moving average of $107.94 and a two-hundred day simple moving average of $106.24. Bright Horizons Family Solutions Inc. has a twelve month low of $71.65 and a twelve month high of $119.21. The firm has a market cap of $6.38 billion, a PE ratio of 78.49, a price-to-earnings-growth ratio of 4.18 and a beta of 1.45. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.76.

Bright Horizons Family Solutions (NYSE:BFAMGet Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.06. Bright Horizons Family Solutions had a net margin of 3.34% and a return on equity of 12.00%. The company had revenue of $622.71 million for the quarter, compared to analyst estimates of $614.60 million. On average, research analysts predict that Bright Horizons Family Solutions Inc. will post 2.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Riverview Trust Co bought a new stake in shares of Bright Horizons Family Solutions during the first quarter worth $25,000. Principal Securities Inc. bought a new stake in shares of Bright Horizons Family Solutions in the fourth quarter valued at about $38,000. YHB Investment Advisors Inc. acquired a new position in shares of Bright Horizons Family Solutions during the first quarter worth about $40,000. Eagle Bay Advisors LLC grew its holdings in shares of Bright Horizons Family Solutions by 120.2% during the fourth quarter. Eagle Bay Advisors LLC now owns 1,240 shares of the company’s stock worth $117,000 after buying an additional 677 shares in the last quarter. Finally, LRI Investments LLC acquired a new stake in Bright Horizons Family Solutions in the 1st quarter valued at approximately $153,000.

Wall Street Analyst Weigh In

Several research firms have recently commented on BFAM. The Goldman Sachs Group lifted their target price on Bright Horizons Family Solutions from $108.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Robert W. Baird boosted their price objective on Bright Horizons Family Solutions from $105.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. JPMorgan Chase & Co. upped their target price on shares of Bright Horizons Family Solutions from $107.00 to $119.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. StockNews.com upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd. Finally, BMO Capital Markets increased their price objective on shares of Bright Horizons Family Solutions from $102.00 to $104.00 and gave the company a “market perform” rating in a report on Friday, May 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Bright Horizons Family Solutions presently has an average rating of “Hold” and a consensus target price of $107.43.

Read Our Latest Stock Analysis on BFAM

Bright Horizons Family Solutions Company Profile

(Get Free Report)

Bright Horizons Family Solutions Inc provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. The company operates in three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.

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Insider Buying and Selling by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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