Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $79.98, for a total value of $159,960.00. Following the transaction, the chief operating officer now owns 33,266 shares in the company, valued at $2,660,614.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, August 7th, Mary Lou Burke sold 5,000 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $78.56, for a total value of $392,800.00.
  • On Wednesday, July 19th, Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $79.98, for a total value of $79,980.00.
  • On Wednesday, July 5th, Mary Lou Burke sold 5,000 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $76.60, for a total value of $383,000.00.
  • On Monday, June 5th, Mary Lou Burke sold 5,000 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $77.76, for a total value of $388,800.00.

Bright Horizons Family Solutions Inc. (BFAM) traded down 0.09% during trading on Wednesday, hitting $79.81. The stock had a trading volume of 146,444 shares. Bright Horizons Family Solutions Inc. has a 12-month low of $59.00 and a 12-month high of $82.00. The company has a market capitalization of $4.72 billion, a price-to-earnings ratio of 42.59 and a beta of 0.12. The stock has a 50 day moving average price of $78.36 and a 200 day moving average price of $74.58.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Tuesday, August 1st. The company reported $0.70 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.03. The company had revenue of $445.55 million for the quarter, compared to analysts’ expectations of $443.90 million. Bright Horizons Family Solutions had a net margin of 6.91% and a return on equity of 19.19%. Bright Horizons Family Solutions’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 EPS. Equities research analysts forecast that Bright Horizons Family Solutions Inc. will post $2.64 earnings per share for the current year.

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Several equities analysts have weighed in on the company. BMO Capital Markets restated a “hold” rating and set a $83.00 target price on shares of Bright Horizons Family Solutions in a report on Monday, May 15th. Credit Suisse Group lowered Bright Horizons Family Solutions from an “outperform” rating to a “neutral” rating and raised their target price 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. Citigroup Inc. assumed coverage on Bright Horizons Family Solutions in a report on Tuesday, July 18th. They set a “buy” rating and a $90.00 target price on the stock. Zacks Investment Research upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, August 4th. Finally, BidaskClub lowered Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $83.67.

Several large investors have recently modified their holdings of BFAM. American Century Companies Inc. boosted its position in Bright Horizons Family Solutions by 0.6% in the first quarter. American Century Companies Inc. now owns 153,148 shares of the company’s stock valued at $11,102,000 after buying an additional 841 shares in the last quarter. First Trust Advisors LP boosted its position in Bright Horizons Family Solutions by 39.9% in the first quarter. First Trust Advisors LP now owns 62,820 shares of the company’s stock valued at $4,554,000 after buying an additional 17,901 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its position in Bright Horizons Family Solutions by 0.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 20,708 shares of the company’s stock valued at $1,501,000 after buying an additional 150 shares in the last quarter. Eqis Capital Management Inc. boosted its position in Bright Horizons Family Solutions by 20.6% in the first quarter. Eqis Capital Management Inc. now owns 5,229 shares of the company’s stock valued at $379,000 after buying an additional 892 shares in the last quarter. Finally, Stoneridge Investment Partners LLC bought a new position in Bright Horizons Family Solutions during the first quarter valued at $1,836,000.

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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