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Bright Horizons Family Solutions (NASDAQ:BFAM) Director Roger H. Brown unloaded 20,000 shares of Bright Horizons Family Solutions stock on the open market in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $42.00, for a total value of $840,000.00. Following the completion of the transaction, the director now directly owns 35,399 shares of the company’s stock, valued at approximately $1,486,758. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Bright Horizons Family Solutions (NASDAQ:BFAM) traded up 0.42% during mid-day trading on Wednesday, hitting $42.90. The stock had a trading volume of 202,179 shares. Bright Horizons Family Solutions has a 52 week low of $30.35 and a 52 week high of $43.28. The stock’s 50-day moving average is $40.04 and its 200-day moving average is $38.46. The company has a market cap of $2.816 billion and a price-to-earnings ratio of 36.11.

Bright Horizons Family Solutions (NASDAQ:BFAM) last released its earnings data on Thursday, May 1st. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The company had revenue of $332.10 million for the quarter, compared to the consensus estimate of $325.70 million. During the same quarter in the previous year, the company posted $0.25 earnings per share. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. Analysts expect that Bright Horizons Family Solutions will post $1.45 EPS for the current fiscal year.

BFAM has been the subject of a number of recent research reports. Analysts at TheStreet upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, May 6th. Separately, analysts at Jefferies Group raised their price target on shares of Bright Horizons Family Solutions from $45.00 to $47.00 in a research note on Monday, May 5th. Finally, analysts at Bank of America reiterated a “buy” rating on shares of Bright Horizons Family Solutions in a research note on Friday, May 2nd. They now have a $48.00 price target on the stock, up previously from $44.00. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $44.85.

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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