Insider Selling: Stephen Howard Kramer Sells 7,000 Shares of Bright Horizons Family Solutions Stock (BFAM)
Bright Horizons Family Solutions (NASDAQ:BFAM) Insider Stephen Howard Kramer unloaded 7,000 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $40.26, for a total value of $281,820.00. 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 0.35% during mid-day trading on Thursday, hitting $40.20. The stock had a trading volume of 182,019 shares. Bright Horizons Family Solutions has a 52-week low of $32.78 and a 52-week high of $44.16. The stock has a 50-day moving average of $41.81 and a 200-day moving average of $40.65. The company has a market cap of $2.654 billion and a price-to-earnings ratio of 35.92.
Bright Horizons Family Solutions (NASDAQ:BFAM) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.41 EPS for the quarter, meeting the Thomson Reuters 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 prior year, the company posted $0.35 earnings per share. The company’s quarterly revenue 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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