Bright Horizons Family Solutions Inc (NYSE:BFAM) CEO Stephen Howard Kramer sold 2,962 shares of the firm’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $95.35, for a total transaction of $282,426.70. Following the completion of the transaction, the chief executive officer now directly owns 110,323 shares of the company’s stock, valued at $10,519,298.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Bright Horizons Family Solutions Inc (BFAM) traded up $0.14 during mid-day trading on Tuesday, reaching $95.58. 209,299 shares of the company’s stock were exchanged, compared to its average volume of 186,810. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.49 and a current ratio of 0.49. Bright Horizons Family Solutions Inc has a 1 year low of $65.00 and a 1 year high of $96.43. The company has a market capitalization of $5,690.00, a PE ratio of 47.08, a price-to-earnings-growth ratio of 1.67 and a beta of 0.13.

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, topping the Zacks’ 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 firm had revenue of $433.30 million during the quarter, compared to analysts’ expectations of $429.36 million. During the same period in the previous year, the business posted $0.49 earnings per share. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. research analysts expect that Bright Horizons Family Solutions Inc will post 2.5 EPS for the current fiscal year.

Several equities analysts recently weighed in on the stock. Zacks Investment Research cut shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. BidaskClub raised shares of Bright Horizons Family Solutions from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Robert W. Baird reissued a “hold” rating on shares of Bright Horizons Family Solutions in a research note on Friday, November 3rd. Citigroup raised their target price on shares of Bright Horizons Family Solutions from $92.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $89.00 price objective on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 20th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Bright Horizons Family Solutions presently has a consensus rating of “Hold” and a consensus target price of $96.13.

Hedge funds have recently added to or reduced their stakes in the business. Acrospire Investment Management LLC boosted its position in Bright Horizons Family Solutions by 250.0% during the second quarter. Acrospire Investment Management LLC now owns 1,400 shares of the company’s stock worth $108,000 after purchasing an additional 1,000 shares during the period. Zions Bancorporation bought a new stake in shares of Bright Horizons Family Solutions in the third quarter valued at about $170,000. Advisor Group Inc. boosted its position in shares of Bright Horizons Family Solutions by 213.6% in the second 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 period. Keybank National Association OH bought a new stake in shares of Bright Horizons Family Solutions in the third quarter valued at about $221,000. Finally, Private Advisor Group LLC bought a new stake in shares of Bright Horizons Family Solutions in the third quarter valued at about $237,000. 98.70% of the stock is owned by hedge funds and other institutional investors.

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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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