Mary Lou Burke Sells 852 Shares of Bright Horizons Family Solutions Inc (BFAM) Stock

Bright Horizons Family Solutions Inc (NYSE:BFAM) COO Mary Lou Burke sold 852 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $127.84, for a total transaction of $108,919.68. Following the completion of the transaction, the chief operating officer now owns 29,200 shares in the company, valued at approximately $3,732,928. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Friday, February 15th, Mary Lou Burke sold 852 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $119.70, for a total transaction of $101,984.40.

Shares of NYSE BFAM opened at $127.18 on Wednesday. The company has a market cap of $7.45 billion, a PE ratio of 41.97, a PEG ratio of 3.63 and a beta of 0.34. Bright Horizons Family Solutions Inc has a 12 month low of $91.29 and a 12 month high of $129.32. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.40 and a current ratio of 0.40.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data on Tuesday, February 12th. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.11. The business had revenue of $478.00 million for the quarter, compared to analysts’ expectations of $481.48 million. Bright Horizons Family Solutions had a net margin of 8.30% and a return on equity of 23.49%. The business’s revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the company earned $0.73 EPS. As a group, analysts forecast that Bright Horizons Family Solutions Inc will post 3.35 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of Bright Horizons Family Solutions during the 4th quarter worth approximately $114,000. Enlightenment Research LLC purchased a new position in shares of Bright Horizons Family Solutions during the 4th quarter valued at approximately $67,000. LPL Financial LLC lifted its position in shares of Bright Horizons Family Solutions by 16.9% during the 4th quarter. LPL Financial LLC now owns 18,610 shares of the company’s stock valued at $2,074,000 after buying an additional 2,690 shares in the last quarter. Federated Investors Inc. PA lifted its position in shares of Bright Horizons Family Solutions by 70.2% during the 3rd quarter. Federated Investors Inc. PA now owns 8,377 shares of the company’s stock valued at $987,000 after buying an additional 3,455 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in shares of Bright Horizons Family Solutions by 11.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 3,262 shares of the company’s stock valued at $364,000 after buying an additional 330 shares in the last quarter. 97.50% of the stock is currently owned by institutional investors and hedge funds.

BFAM has been the topic of several research reports. ValuEngine upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a report on Friday, February 8th. Zacks Investment Research downgraded shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, January 1st. BMO Capital Markets raised their price objective on shares of Bright Horizons Family Solutions from $120.00 to $122.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 13th. Citigroup raised their price objective on shares of Bright Horizons Family Solutions from $117.00 to $126.00 and gave the stock a “neutral” rating in a research note on Friday, March 1st. Finally, Bank of America reaffirmed a “neutral” rating and set a $123.00 price objective (up previously from $115.00) on shares of Bright Horizons Family Solutions in a research note on Wednesday, February 13th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $124.71.

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Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides child care and early education, back-up care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services. The Full Service Center-Based Child Care segment offers traditional center-based child care, preschool, and elementary education services.

Further Reading: Cash Flow Analysis in Stock Selection

Insider Buying and Selling by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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