Bright Horizons Family Solutions Director Lightfoot Sara Lawrence Unloads 10,336 Shares (BFAM)
Bright Horizons Family Solutions (NASDAQ:BFAM) Director Lightfoot Sara Lawrence unloaded 10,336 shares of the stock on the open market in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $36.25, for a total transaction of $374,680.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on BFAM shares. Analysts at Zacks upgraded shares of Bright Horizons Family Solutions (NASDAQ:BFAM) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, September 2nd. They now have a $39.10 price target on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Bright Horizons Family Solutions (NASDAQ:BFAM) from $34.00 to $39.00 in a research note to investors on Friday, August 9th. They now have a “market perform” rating on the stock. Finally, analysts at Barclays Capital raised their price target on shares of Bright Horizons Family Solutions (NASDAQ:BFAM) from $36.00 to $40.00 in a research note to investors on Friday, August 9th. They now have an “overweight” rating on the stock.
Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Bright Horizons Family Solutions has an average rating of “Buy” and an average target price of $36.51.
Shares of Bright Horizons Family Solutions (NASDAQ:BFAM) traded down 0.59% during mid-day trading on Friday, hitting $36.78. The stock had a trading volume of 113,456 shares. Bright Horizons Family Solutions has a 1-year low of $27.50 and a 1-year high of $38.39. The stock has a 50-day moving average of $36.33 and a 200-day moving average of $34.01. The company’s market cap is $2.385 billion.
Bright Horizons Family Solutions (NASDAQ:BFAM) last released its earnings data on Thursday, August 8th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.03. The company had revenue of $311.00 million for the quarter, compared to the consensus estimate of $305.88 million. Bright Horizons Family Solutions’s revenue was up 14.6% compared to the same quarter last year. On average, analysts predict that Bright Horizons Family Solutions will post $1.20 earnings per share for the current fiscal year.
Bright Horizons Family Solution Inc, provider of child care and early education services, as well as other services designed to help employers and families better address the challenges of work and life.
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