Bright Horizons Family Solutions Inc (BFAM) COO Sells $226,375.50 in Stock

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

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 stock was sold at an average price of $94.48, for a total value of $103,928.00.

Bright Horizons Family Solutions Inc (NYSE BFAM) opened at $91.78 on Friday. Bright Horizons Family Solutions Inc has a 52 week low of $65.00 and a 52 week high of $98.84. 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 company has a market capitalization of $5,570.88, a price-to-earnings ratio of 39.46, a P/E/G ratio of 2.21 and a beta of 0.15.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.04. Bright Horizons Family Solutions had a return on equity of 19.72% and a net margin of 7.22%. The firm had revenue of $440.00 million during the quarter, compared to the consensus estimate of $438.99 million. During the same period in the prior year, the company earned $0.56 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. equities analysts predict that Bright Horizons Family Solutions Inc will post 2.49 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the business. Advisor Group Inc. increased its stake 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 worth $152,000 after acquiring an additional 1,354 shares during the last quarter. Zions Bancorporation acquired a new stake in shares of Bright Horizons Family Solutions in the 3rd quarter worth $170,000. Keybank National Association OH acquired a new stake in shares of Bright Horizons Family Solutions in the 3rd quarter worth $221,000. Private Advisor Group LLC acquired a new stake in shares of Bright Horizons Family Solutions in the 3rd quarter worth $237,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter worth $239,000. 98.63% of the stock is owned by institutional investors and hedge funds.

Several research firms recently commented on BFAM. BMO Capital Markets reissued a “hold” rating and issued a $98.00 price objective on shares of Bright Horizons Family Solutions in a research note on Wednesday, January 17th. Robert W. Baird reissued a “hold” rating on shares of Bright Horizons Family Solutions in a research note on Friday, November 3rd. Royal Bank of Canada increased their price objective on Bright Horizons Family Solutions to $98.00 and gave the company an “outperform” rating in a research note on Friday, January 19th. They noted that the move was a valuation call. Macquarie began coverage on Bright Horizons Family Solutions in a research note on Thursday, December 21st. They issued a “neutral” rating and a $95.00 price objective for the company. Finally, Zacks Investment Research raised Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Tuesday, November 7th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Bright Horizons Family Solutions has an average rating of “Hold” and a consensus price target of $98.25.

TRADEMARK VIOLATION WARNING: “Bright Horizons Family Solutions Inc (BFAM) COO Sells $226,375.50 in Stock” was published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this piece can be read at https://www.com-unik.info/2018/02/09/bright-horizons-family-solutions-inc-bfam-coo-sells-226375-50-in-stock.html.

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)

Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit