Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) COO Mary Burke sold 1,200 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $75.00, for a total transaction of $90,000.00. Following the sale, the chief operating officer owned 30,945 shares of the company’s stock, valued at $2,320,875. This trade represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Mary Lou Burke also recently made the following trade(s):
- On Monday, August 3rd, Mary Burke sold 1,200 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $75.57, for a total transaction of $90,684.00.
- On Tuesday, July 28th, Mary Burke sold 500 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $80.00, for a total transaction of $40,000.00.
Bright Horizons Family Solutions Trading Down 1.5%
Shares of BFAM stock opened at $70.03 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.48. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 1.09 and a beta of 1.15. Bright Horizons Family Solutions Inc. has a 1 year low of $57.63 and a 1 year high of $117.25. The firm has a fifty day moving average price of $74.25 and a 200-day moving average price of $73.66.
Hedge Funds Weigh In On Bright Horizons Family Solutions
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of Bright Horizons Family Solutions in the second quarter worth about $452,317,000. California State Teachers Retirement System boosted its stake in Bright Horizons Family Solutions by 6,781.7% during the second quarter. California State Teachers Retirement System now owns 4,599,049 shares of the company’s stock valued at $325,981,000 after buying an additional 4,532,219 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in Bright Horizons Family Solutions during the 4th quarter valued at approximately $191,952,000. Bamco Inc. NY purchased a new position in Bright Horizons Family Solutions during the 2nd quarter valued at approximately $74,789,000. Finally, William Blair Investment Management LLC bought a new stake in Bright Horizons Family Solutions in the 2nd quarter worth approximately $58,093,000.
Analyst Upgrades and Downgrades
BFAM has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. UBS Group upped their price target on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Morgan Stanley reduced their price objective on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a research note on Friday, July 31st. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $95.88.
Check Out Our Latest Stock Analysis on BFAM
About Bright Horizons Family Solutions
Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.
Read More
- Five stocks we like better than Bright Horizons Family Solutions
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
