Bright Horizons Family Solutions Inc. (NYSE:BFAM) Director Mary Ann Tocio sold 6,666 shares of the company’s stock in a transaction on Tuesday, July 11th. The stock was sold at an average price of $76.11, for a total value of $507,349.26. Following the sale, the director now owns 67,284 shares of the company’s stock, valued at $5,120,985.24. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Mary Ann Tocio also recently made the following trade(s):

  • On Tuesday, June 13th, Mary Ann Tocio sold 6,666 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $76.53, for a total value of $510,148.98.
  • On Tuesday, May 16th, Mary Ann Tocio sold 25,466 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $79.25, for a total value of $2,018,180.50.
  • On Tuesday, May 9th, Mary Ann Tocio sold 6,666 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $80.28, for a total value of $535,146.48.

Bright Horizons Family Solutions Inc. (NYSE:BFAM) traded up 0.31% during trading on Tuesday, reaching $76.46. The company’s stock had a trading volume of 291,013 shares. Bright Horizons Family Solutions Inc. has a 52-week low of $59.00 and a 52-week high of $81.23. The company has a market cap of $4.57 billion, a PE ratio of 41.83 and a beta of 0.12. The stock has a 50-day moving average price of $77.17 and a 200 day moving average price of $72.65.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Thursday, May 4th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Bright Horizons Family Solutions had a return on equity of 18.51% and a net margin of 6.93%. The firm had revenue of $422 million during the quarter, compared to analysts’ expectations of $422.32 million. During the same period in the prior year, the business earned $0.51 EPS. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. On average, analysts expect that Bright Horizons Family Solutions Inc. will post $2.61 EPS for the current year.

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Several institutional investors have recently bought and sold shares of BFAM. Atria Investments LLC purchased a new position in Bright Horizons Family Solutions during the first quarter worth about $238,000. Parametrica Management Ltd boosted its position in Bright Horizons Family Solutions by 0.9% in the first quarter. Parametrica Management Ltd now owns 5,927 shares of the company’s stock worth $430,000 after buying an additional 50 shares during the last quarter. Daiwa SB Investments Ltd. purchased a new position in Bright Horizons Family Solutions during the first quarter worth about $1,081,000. Macquarie Group Ltd. boosted its position in Bright Horizons Family Solutions by 0.5% in the fourth quarter. Macquarie Group Ltd. now owns 430,637 shares of the company’s stock worth $30,153,000 after buying an additional 2,317 shares during the last quarter. Finally, Highbridge Capital Management LLC purchased a new position in Bright Horizons Family Solutions during the fourth quarter worth about $277,000. Hedge funds and other institutional investors own 99.36% of the company’s stock.

BFAM has been the subject of several recent analyst reports. Zacks Investment Research downgraded Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, April 12th. Credit Suisse Group restated an “outperform” rating and set a $80.00 price objective on shares of Bright Horizons Family Solutions in a research report on Monday, April 17th. BMO Capital Markets restated a “hold” rating and set a $83.00 price objective on shares of Bright Horizons Family Solutions in a research report on Friday, May 5th. Finally, BidaskClub downgraded Bright Horizons Family Solutions from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 27th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $79.71.

Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

Insider Buying and Selling by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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