Bright Horizons Family Solutions Inc (NYSE:BFAM) Director Mary Ann Tocio sold 3,645 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $94.01, for a total value of $342,666.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Bright Horizons Family Solutions Inc (BFAM) traded up $0.13 on Wednesday, hitting $94.16. 281,049 shares of the company’s stock traded hands, compared to its average volume of 260,750. Bright Horizons Family Solutions Inc has a twelve month low of $65.00 and a twelve month high of $95.82. The company has a market cap of $5,575.63, a P/E ratio of 46.85, a PEG ratio of 1.64 and a beta of 0.13. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.49 and a quick ratio of 0.49.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data on Wednesday, November 1st. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.57 by $0.05. Bright Horizons Family Solutions had a net margin of 7.22% and a return on equity of 19.72%. The business had revenue of $433.30 million during the quarter, compared to the consensus estimate of $429.36 million. During the same quarter in the prior year, the firm earned $0.49 EPS. The business’s revenue was up 12.9% on a year-over-year basis. analysts forecast that Bright Horizons Family Solutions Inc will post 2.5 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Acrospire Investment Management LLC boosted its holdings in shares of Bright Horizons Family Solutions by 250.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,400 shares of the company’s stock valued at $108,000 after purchasing an additional 1,000 shares during the last quarter. Public Employees Retirement Association of Colorado bought a new position in shares of Bright Horizons Family Solutions in the 2nd quarter valued at about $123,000. Zions Bancorporation bought a new position in shares of Bright Horizons Family Solutions in the 3rd quarter valued at about $170,000. Advisor Group Inc. lifted its holdings in shares of Bright Horizons Family Solutions by 213.6% in the 2nd quarter. Advisor Group Inc. now owns 1,988 shares of the company’s stock valued at $152,000 after acquiring an additional 1,354 shares during the last quarter. Finally, Keybank National Association OH bought a new position in shares of Bright Horizons Family Solutions in the 3rd quarter valued at about $221,000. 98.70% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have issued reports on the company. Barclays reiterated a “buy” rating and issued a $105.00 price target on shares of Bright Horizons Family Solutions in a research note on Wednesday, December 27th. Macquarie assumed coverage on Bright Horizons Family Solutions in a research note on Thursday, December 21st. They issued a “neutral” rating and a $95.00 price target for the company. Royal Bank of Canada reiterated a “buy” rating and issued a $89.00 price target on shares of Bright Horizons Family Solutions in a research note on Wednesday, December 20th. Zacks Investment Research lowered Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. Finally, Robert W. Baird reiterated a “hold” rating on shares of Bright Horizons Family Solutions in a research note on Friday, November 3rd. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Bright Horizons Family Solutions currently has an average rating of “Hold” and an average target price of $95.57.

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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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