Bright Horizons Family Solutions Inc (NYSE:BFAM) COO Mary Lou Burke sold 1,100 shares of the firm’s stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of $119.84, for a total transaction of $131,824.00. Following the completion of the transaction, the chief operating officer now directly owns 29,721 shares in the company, valued at $3,561,764.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Monday, November 5th, Mary Lou Burke sold 1,100 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $115.54, for a total transaction of $127,094.00.
  • On Friday, October 5th, Mary Lou Burke sold 1,100 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $113.34, for a total transaction of $124,674.00.

Shares of BFAM stock opened at $116.26 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 1.33. Bright Horizons Family Solutions Inc has a 12 month low of $90.74 and a 12 month high of $123.93. The stock has a market cap of $6.93 billion, a price-to-earnings ratio of 41.70, a PEG ratio of 3.35 and a beta of 0.23.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Thursday, November 1st. The company reported $0.73 EPS for the quarter, hitting analysts’ consensus estimates of $0.73. Bright Horizons Family Solutions had a net margin of 8.73% and a return on equity of 22.55%. The company had revenue of $472.00 million for the quarter, compared to the consensus estimate of $471.85 million. During the same period in the previous year, the firm earned $0.62 earnings per share. Bright Horizons Family Solutions’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, research analysts anticipate that Bright Horizons Family Solutions Inc will post 2.97 EPS for the current fiscal year.

A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, August 14th. BMO Capital Markets reduced their target price on shares of Bright Horizons Family Solutions from $123.00 to $120.00 and set a “market perform” rating on the stock in a research note on Tuesday, November 6th. Bank of America assumed coverage on shares of Bright Horizons Family Solutions in a research note on Tuesday, October 23rd. They set a “neutral” rating and a $118.00 target price on the stock. JPMorgan Chase & Co. lifted their target price on shares of Bright Horizons Family Solutions from $121.00 to $125.00 and gave the stock an “overweight” rating in a research note on Friday, November 2nd. Finally, Barclays lifted their target price on shares of Bright Horizons Family Solutions from $105.00 to $125.00 and gave the stock an “overweight” rating in a research note on Friday, November 2nd. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $113.36.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Marshall Wace North America L.P. acquired a new position in shares of Bright Horizons Family Solutions in the third quarter valued at approximately $325,000. Marshall Wace LLP acquired a new position in shares of Bright Horizons Family Solutions in the third quarter valued at approximately $3,306,000. Vanguard Group Inc. grew its holdings in shares of Bright Horizons Family Solutions by 2.6% in the third quarter. Vanguard Group Inc. now owns 5,004,064 shares of the company’s stock valued at $589,678,000 after purchasing an additional 126,335 shares in the last quarter. Morgan Stanley grew its holdings in shares of Bright Horizons Family Solutions by 30.5% in the third quarter. Morgan Stanley now owns 91,944 shares of the company’s stock valued at $10,835,000 after purchasing an additional 21,512 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Bright Horizons Family Solutions by 27.6% in the third quarter. Nordea Investment Management AB now owns 41,560 shares of the company’s stock valued at $4,897,000 after purchasing an additional 9,000 shares in the last quarter. Institutional investors and hedge funds own 97.72% of the company’s stock.

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Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides child care and early education, back-up dependent care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services.

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

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