Bright Horizons Family Solutions Inc (NYSE:BFAM) COO Mary Lou Burke sold 1,100 shares of the stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $94.48, for a total transaction of $103,928.00. Following the sale, the chief operating officer now directly owns 31,161 shares of the company’s stock, valued at approximately $2,944,091.28. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Bright Horizons Family Solutions Inc (BFAM) traded up $1.16 during trading hours on Friday, reaching $95.75. 237,478 shares of the company’s stock traded hands, compared to its average volume of 252,912. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.49 and a quick ratio of 0.49. Bright Horizons Family Solutions Inc has a one year low of $65.00 and a one year high of $95.82. The firm has a market capitalization of $5,680.00, a P/E ratio of 47.17, a price-to-earnings-growth ratio of 1.67 and a beta of 0.13.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data on Wednesday, November 1st. The company reported $0.62 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 company had revenue of $433.30 million during the quarter, compared to the consensus estimate of $429.36 million. During the same quarter last year, the company earned $0.49 earnings per share. Bright Horizons Family Solutions’s revenue for the quarter was up 12.9% on a year-over-year basis. equities research analysts anticipate that Bright Horizons Family Solutions Inc will post 2.5 EPS for the current year.

Large investors have recently modified their holdings of the business. Westfield Capital Management Co. LP grew its position in Bright Horizons Family Solutions by 3.1% in the second quarter. Westfield Capital Management Co. LP now owns 548,446 shares of the company’s stock valued at $42,346,000 after acquiring an additional 16,659 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in Bright Horizons Family Solutions by 79.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 37,108 shares of the company’s stock valued at $2,865,000 after acquiring an additional 16,400 shares in the last quarter. Vanguard Group Inc. grew its position in Bright Horizons Family Solutions by 11.8% in the second quarter. Vanguard Group Inc. now owns 3,888,575 shares of the company’s stock valued at $300,237,000 after acquiring an additional 410,335 shares in the last quarter. California State Teachers Retirement System grew its position in Bright Horizons Family Solutions by 4.1% in the second quarter. California State Teachers Retirement System now owns 90,101 shares of the company’s stock valued at $6,957,000 after acquiring an additional 3,583 shares in the last quarter. Finally, Swiss National Bank grew its position in Bright Horizons Family Solutions by 7.8% in the second quarter. Swiss National Bank now owns 79,179 shares of the company’s stock valued at $6,113,000 after acquiring an additional 5,700 shares in the last quarter. 98.70% of the stock is owned by institutional investors.

A number of research firms recently issued reports on BFAM. Barclays reissued a “buy” rating and set a $105.00 target price on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 27th. Macquarie began coverage on shares of Bright Horizons Family Solutions in a research report on Thursday, December 21st. They set a “neutral” rating and a $95.00 target price for the company. Royal Bank of Canada reissued a “buy” rating and set a $89.00 target price on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 20th. 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. Finally, Robert W. Baird reissued a “hold” rating on shares of Bright Horizons Family Solutions in a research report on Friday, November 3rd. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $95.57.

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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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