Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke sold 750 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $79.85, for a total transaction of $59,887.50. Following the sale, the chief operating officer now owns 32,016 shares of the company’s stock, valued at approximately $2,556,477.60. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Tuesday, August 15th, Mary Lou Burke sold 2,000 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $79.98, for a total transaction of $159,960.00.
  • 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 transaction 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 transaction 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 transaction of $383,000.00.

Bright Horizons Family Solutions Inc. (BFAM) traded down 0.91% during mid-day trading on Thursday, reaching $78.04. 174,257 shares of the company traded hands. The stock has a market capitalization of $4.62 billion, a PE ratio of 41.64 and a beta of 0.13. The stock has a 50-day moving average of $79.48 and a 200 day moving average of $75.64. Bright Horizons Family Solutions Inc. has a 52-week low of $59.00 and a 52-week high of $82.00.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings results on Tuesday, August 1st. The company reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.03. The company had revenue of $445.55 million for the quarter, compared to the consensus estimate 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 revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.61 earnings per share. Equities research analysts expect that Bright Horizons Family Solutions Inc. will post $2.64 earnings per share for the current year.

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Several research firms recently weighed in on BFAM. Zacks Investment Research upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a report on Friday, September 1st. BidaskClub upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. Royal Bank Of Canada reiterated a “buy” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, August 9th. Citigroup Inc. reiterated a “buy” rating and issued a $92.00 target price (up previously from $90.00) on shares of Bright Horizons Family Solutions in a report on Thursday, August 3rd. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $85.00 target price (up previously from $83.00) on shares of Bright Horizons Family Solutions in a report on Thursday, August 3rd. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Bright Horizons Family Solutions currently has a consensus rating of “Buy” and an average target price of $84.00.

A number of large investors have recently bought and sold shares of the business. 1st Global Advisors Inc. raised its stake in Bright Horizons Family Solutions by 1.1% during the second quarter. 1st Global Advisors Inc. now owns 7,187 shares of the company’s stock worth $555,000 after purchasing an additional 75 shares during the period. State Board of Administration of Florida Retirement System raised its stake in Bright Horizons Family Solutions by 0.7% during the first quarter. State Board of Administration of Florida Retirement System now owns 20,708 shares of the company’s stock worth $1,501,000 after purchasing an additional 150 shares during the period. Argent Capital Management LLC raised its stake in Bright Horizons Family Solutions by 2.5% during the second quarter. Argent Capital Management LLC now owns 6,250 shares of the company’s stock worth $483,000 after purchasing an additional 150 shares during the period. Stephens Inc. AR raised its stake in Bright Horizons Family Solutions by 5.2% during the second quarter. Stephens Inc. AR now owns 4,561 shares of the company’s stock worth $352,000 after purchasing an additional 225 shares during the period. Finally, Teacher Retirement System of Texas raised its stake in Bright Horizons Family Solutions by 6.9% during the second quarter. Teacher Retirement System of Texas now owns 3,801 shares of the company’s stock worth $293,000 after purchasing an additional 247 shares during the period. 97.23% of the stock is currently owned by institutional investors.

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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