Bright Horizons Family Solutions Inc (NYSE:BFAM) COO Mary Lou Burke sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $94.48, for a total value of $103,928.00. Following the completion of the sale, the chief operating officer now owns 31,161 shares in the company, valued at approximately $2,944,091.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Bright Horizons Family Solutions Inc (NYSE BFAM) traded up $1.16 during trading on Friday, hitting $95.75. The stock had a trading volume of 237,478 shares, compared to its average volume of 232,675. Bright Horizons Family Solutions Inc has a 52 week low of $65.00 and a 52 week high of $95.82. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.35. The firm has a market capitalization of $5,585.12, a P/E ratio of 47.64, a price-to-earnings-growth ratio of 1.65 and a beta of 0.13.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results 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 return on equity of 19.72% and a net margin of 7.22%. The company had revenue of $433.30 million for the quarter, compared to the consensus estimate of $429.36 million. During the same quarter in the prior year, the business earned $0.49 earnings per share. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. sell-side analysts predict that Bright Horizons Family Solutions Inc will post 2.5 EPS for the current year.

BFAM has been the topic of several research analyst reports. Barclays restated a “buy” rating and issued a $105.00 price objective on shares of Bright Horizons Family Solutions in a research note on Wednesday, December 27th. Zacks Investment Research downgraded Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Macquarie started coverage on Bright Horizons Family Solutions in a research report on Thursday, December 21st. They issued a “neutral” rating and a $95.00 target price on the stock. Royal Bank of Canada reaffirmed a “buy” rating and issued a $89.00 target price on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 20th. Finally, BidaskClub raised Bright Horizons Family Solutions from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $95.57.

Several institutional investors have recently bought and sold shares of the company. Atlantic Trust Group LLC acquired a new stake in Bright Horizons Family Solutions during the third quarter worth approximately $59,732,000. Wolverine Trading LLC acquired a new stake in Bright Horizons Family Solutions during the third quarter worth approximately $340,000. DF Dent & Co. Inc. grew its position in Bright Horizons Family Solutions by 171.7% during the third quarter. DF Dent & Co. Inc. now owns 11,215 shares of the company’s stock worth $967,000 after buying an additional 7,088 shares in the last quarter. Neuberger Berman Group LLC grew its position in Bright Horizons Family Solutions by 5.0% during the third quarter. Neuberger Berman Group LLC now owns 1,211,305 shares of the company’s stock worth $104,427,000 after buying an additional 57,880 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in Bright Horizons Family Solutions by 6.8% during the third quarter. California Public Employees Retirement System now owns 87,108 shares of the company’s stock worth $7,510,000 after buying an additional 5,508 shares in the last quarter. 98.70% of the stock is currently owned by institutional investors.

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About Bright Horizons Family Solutions

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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