Mary Lou Burke Sells 2,350 Shares of Bright Horizons Family Solutions Inc (BFAM) Stock

Bright Horizons Family Solutions Inc (NYSE:BFAM) COO Mary Lou Burke sold 2,350 shares of the stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $96.33, for a total transaction of $226,375.50. Following the completion of the sale, the chief operating officer now directly owns 32,221 shares in the company, valued at $3,103,848.93. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Friday, January 5th, Mary Lou Burke sold 1,100 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $94.48, for a total transaction of $103,928.00.

Shares of Bright Horizons Family Solutions Inc (BFAM) traded down $0.01 during trading hours on Tuesday, reaching $94.35. 239,469 shares of the company were exchanged, compared to its average volume of 184,687. The firm has a market cap of $5,600.00, a PE ratio of 46.48, a P/E/G ratio of 2.29 and a beta of 0.15. 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 12-month low of $65.00 and a 12-month high of $98.84.

A number of research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. BMO Capital Markets reaffirmed a “hold” rating and issued a $98.00 target price on shares of Bright Horizons Family Solutions in a research report on Wednesday, January 17th. Robert W. Baird reaffirmed a “hold” rating and issued a $100.00 target price on shares of Bright Horizons Family Solutions in a research report on Tuesday, January 9th. 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 downgraded shares of Bright Horizons Family Solutions from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 10th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $98.25.

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in Bright Horizons Family Solutions by 11.8% during the 2nd quarter. Vanguard Group Inc. now owns 3,888,575 shares of the company’s stock worth $300,237,000 after purchasing an additional 410,335 shares during the period. California State Teachers Retirement System boosted its stake in Bright Horizons Family Solutions by 4.1% during the 2nd quarter. California State Teachers Retirement System now owns 90,101 shares of the company’s stock worth $6,957,000 after purchasing an additional 3,583 shares during the period. Zurich Insurance Group Ltd FI acquired a new stake in Bright Horizons Family Solutions during the 2nd quarter worth $1,029,000. UBS Asset Management Americas Inc. boosted its stake in Bright Horizons Family Solutions by 39.7% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 28,722 shares of the company’s stock worth $2,218,000 after purchasing an additional 8,155 shares during the period. Finally, First Trust Advisors LP boosted its stake in Bright Horizons Family Solutions by 244.6% during the 3rd quarter. First Trust Advisors LP now owns 40,831 shares of the company’s stock worth $3,520,000 after purchasing an additional 28,982 shares during the period. Hedge funds and other institutional investors own 98.63% of the company’s stock.

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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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