Insider Selling: Mary Ann Tocio Unloads 20,000 Shares of Bright Horizons Family Solutions Stock (BFAM)
Bright Horizons Family Solutions (NASDAQ:BFAM) COO Mary Ann Tocio sold 20,000 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $42.75, for a total value of $855,000.00. Following the completion of the transaction, the chief operating officer now directly owns 177,466 shares of the company’s stock, valued at approximately $7,586,672. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Bright Horizons Family Solutions (NASDAQ:BFAM) traded down 1.12% during mid-day trading on Wednesday, hitting $42.20. The stock had a trading volume of 52,631 shares. Bright Horizons Family Solutions has a one year low of $32.78 and a one year high of $44.16. The stock has a 50-day moving average of $42.07 and a 200-day moving average of $40.39. The company has a market cap of $2.786 billion and a P/E ratio of 38.01.
Bright Horizons Family Solutions (NASDAQ:BFAM) last released its earnings data on Thursday, August 7th. The company reported $0.41 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.41. The company had revenue of $348.10 million for the quarter, compared to the consensus estimate of $345.64 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. On average, analysts predict that Bright Horizons Family Solutions will post $1.45 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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