Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke sold 1,000 shares of the business’s stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $79.98, for a total transaction of $79,980.00. Following the transaction, the chief operating officer now directly owns 32,266 shares in the company, valued at $2,580,634.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Mary Lou Burke also recently made the following trade(s):

  • On Wednesday, July 5th, Mary Lou Burke sold 5,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $76.60, for a total transaction of $383,000.00.
  • On Monday, June 5th, Mary Lou Burke sold 5,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $77.76, for a total transaction of $388,800.00.
  • On Monday, May 8th, Mary Lou Burke sold 6,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $78.05, for a total transaction of $468,300.00.
  • On Monday, April 24th, Mary Lou Burke sold 632 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $75.00, for a total transaction of $47,400.00.

Bright Horizons Family Solutions Inc. (NYSE BFAM) traded down 0.03% during mid-day trading on Thursday, reaching $79.68. 142,216 shares of the company’s stock traded hands. Bright Horizons Family Solutions Inc. has a 12 month low of $59.00 and a 12 month high of $81.23. The firm’s 50-day moving average price is $77.24 and its 200 day moving average price is $73.39. The stock has a market capitalization of $4.77 billion, a PE ratio of 43.59 and a beta of 0.12.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $422.32 million. During the same period in the prior year, the company posted $0.51 earnings per share. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. Equities research analysts predict that Bright Horizons Family Solutions Inc. will post $2.61 EPS for the current year.

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Several hedge funds have recently made changes to their positions in BFAM. Whittier Trust Co. boosted its position in shares of Bright Horizons Family Solutions by 4.8% in the first quarter. Whittier Trust Co. now owns 15,004 shares of the company’s stock worth $1,088,000 after buying an additional 684 shares during the period. Conestoga Capital Advisors LLC boosted its position in shares of Bright Horizons Family Solutions by 146.0% in the first quarter. Conestoga Capital Advisors LLC now owns 27,805 shares of the company’s stock worth $2,016,000 after buying an additional 16,500 shares during the period. CWM LLC bought a new position in shares of Bright Horizons Family Solutions during the first quarter worth about $1,953,000. Atria Investments LLC bought a new position in shares of Bright Horizons Family Solutions during the first quarter worth about $238,000. Finally, Parametrica Management Ltd boosted its position in shares of 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 period. Institutional investors own 99.33% of the company’s stock.

BFAM has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Tuesday, May 9th. BidaskClub cut shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Citigroup Inc. initiated coverage on shares of Bright Horizons Family Solutions in a report on Tuesday. They issued a “buy” rating and a $90.00 price target on the stock. BMO Capital Markets reaffirmed a “hold” rating and issued a $83.00 price target on shares of Bright Horizons Family Solutions in a report on Friday, May 5th. Finally, Credit Suisse Group cut shares of Bright Horizons Family Solutions from an “outperform” rating to a “neutral” rating and upped their price target for the company from $80.00 to $83.00 in a report on Friday, May 12th. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $81.00.

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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