Bright Horizons Family Solutions COO Sells 20,000 Shares (BFAM)
Bright Horizons Family Solutions (NASDAQ:BFAM) COO Mary Ann Tocio sold 20,000 shares of Bright Horizons Family Solutions stock on the open market in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $42.75, for a total transaction of $855,000.00. Following the sale, the chief operating officer now directly owns 177,466 shares of the company’s stock, valued at approximately $7,586,672. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Bright Horizons Family Solutions (NASDAQ:BFAM) remained flat at $42.17 during trading on Friday. 712 shares of the company’s stock traded hands. Bright Horizons Family Solutions has a 1-year low of $32.78 and a 1-year high of $44.16. The stock’s 50-day moving average is $42.04 and its 200-day moving average is $40.41. The company has a market cap of $2.784 billion and a P/E ratio of 37.55.
Bright Horizons Family Solutions (NASDAQ:BFAM) last posted its quarterly earnings results 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. Analysts expect that Bright Horizons Family Solutions will post $1.45 EPS 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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