Bright Horizons Family Solutions Inc (NYSE:BFAM) COO Mary Lou Burke sold 852 shares of the business’s stock in a transaction 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 sale, the chief operating officer now directly owns 29,200 shares of the company’s stock, valued at $3,732,928. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 traded down $0.46 during midday trading on Monday, reaching $128.06. The stock had a trading volume of 172,498 shares, compared to its average volume of 173,101. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.40 and a quick ratio of 0.40. The stock has a market cap of $7.44 billion, a PE ratio of 42.26, a price-to-earnings-growth ratio of 3.62 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 $128.79.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Tuesday, February 12th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.11. The firm had revenue of $478.00 million during 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 company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.73 earnings per share. On average, research analysts expect that Bright Horizons Family Solutions Inc will post 3.35 EPS for the current year.

Several equities analysts have recently commented on BFAM shares. Citigroup upped their price objective on shares of Bright Horizons Family Solutions from $117.00 to $126.00 and gave the company a “neutral” rating in a research note on Friday, March 1st. 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 research report on Tuesday, January 1st. BMO Capital Markets increased their price objective on shares of Bright Horizons Family Solutions from $120.00 to $122.00 and gave the company a “market perform” rating in a research report on Wednesday, February 13th. Finally, Bank of America reiterated a “neutral” rating and issued a $123.00 price target (up from $115.00) on shares of Bright Horizons Family Solutions in a research report on Wednesday, February 13th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $124.71.

Several hedge funds and other institutional investors have recently made changes to their positions in BFAM. Bronfman E.L. Rothschild L.P. increased its stake in shares of Bright Horizons Family Solutions by 312.1% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 272 shares of the company’s stock worth $30,000 after purchasing an additional 206 shares in the last quarter. Enlightenment Research LLC purchased a new position in Bright Horizons Family Solutions during the fourth quarter valued at $67,000. NumerixS Investment Technologies Inc grew its stake in Bright Horizons Family Solutions by 133.7% during the fourth quarter. NumerixS Investment Technologies Inc now owns 701 shares of the company’s stock valued at $78,000 after acquiring an additional 401 shares in the last quarter. SG Americas Securities LLC purchased a new position in Bright Horizons Family Solutions during the fourth quarter valued at $114,000. Finally, Ffcm LLC grew its stake in Bright Horizons Family Solutions by 186.5% during the fourth quarter. Ffcm LLC now owns 1,166 shares of the company’s stock valued at $130,000 after acquiring an additional 759 shares in the last quarter. 97.50% of the stock is owned by hedge funds and other institutional investors.

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About Bright Horizons Family Solutions

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.

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