Bright Horizons Family Solutions Inc (BFAM) CEO Stephen Howard Kramer Sells 2,961 Shares

Bright Horizons Family Solutions Inc (NYSE:BFAM) CEO Stephen Howard Kramer sold 2,961 shares of the stock in a transaction that occurred on Thursday, March 15th. The stock was sold at an average price of $99.61, for a total value of $294,945.21. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Stephen Howard Kramer also recently made the following trade(s):

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  • On Thursday, February 15th, Stephen Howard Kramer sold 2,962 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $96.00, for a total value of $284,352.00.
  • On Tuesday, January 16th, Stephen Howard Kramer sold 2,962 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $95.35, for a total value of $282,426.70.

Shares of Bright Horizons Family Solutions Inc (BFAM) traded up $1.07 on Friday, hitting $101.17. The company had a trading volume of 350,546 shares, compared to its average volume of 178,328. Bright Horizons Family Solutions Inc has a 12 month low of $68.53 and a 12 month high of $101.46. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.40. The company has a market cap of $5,862.46, a PE ratio of 39.06, a P/E/G ratio of 2.28 and a beta of 0.19.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Thursday, February 8th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. Bright Horizons Family Solutions had a return on equity of 20.69% and a net margin of 9.02%. The company had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $438.99 million. During the same period last year, the business earned $0.56 EPS. Bright Horizons Family Solutions’s quarterly revenue was up 10.4% compared to the same quarter last year. analysts anticipate that Bright Horizons Family Solutions Inc will post 2.93 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the stock. American International Group Inc. bought a new position in shares of Bright Horizons Family Solutions in the 4th quarter worth $120,000. We Are One Seven LLC bought a new position in shares of Bright Horizons Family Solutions in the 4th quarter worth $167,000. Zions Bancorporation bought a new position in shares of Bright Horizons Family Solutions in the 3rd quarter worth $170,000. Eagle Boston Investment Management Inc. bought a new position in shares of Bright Horizons Family Solutions in the 4th quarter worth $205,000. Finally, Keybank National Association OH bought a new position in shares of Bright Horizons Family Solutions in the 3rd quarter worth $221,000. Institutional investors own 98.76% of the company’s stock.

A number of research firms have issued reports on BFAM. Credit Suisse Group increased their price target on Bright Horizons Family Solutions from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. BMO Capital Markets restated a “hold” rating and set a $98.00 price target on shares of Bright Horizons Family Solutions in a report on Wednesday, January 17th. Citigroup increased their price target on Bright Horizons Family Solutions to $107.00 and gave the stock a “buy” rating in a report on Monday, February 12th. Robert W. Baird restated a “hold” rating and set a $100.00 price target on shares of Bright Horizons Family Solutions in a report on Tuesday, January 9th. Finally, Royal Bank of Canada restated a “buy” rating and set a $89.00 price target on shares of Bright Horizons Family Solutions in a report on Wednesday, December 20th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Bright Horizons Family Solutions presently has a consensus rating of “Hold” and an average target price of $100.13.

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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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