Bright Horizons Family Solutions Inc (NYSE:BFAM) CEO Stephen Howard Kramer sold 4,000 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $127.87, for a total value of $511,480.00. Following the completion of the transaction, the chief executive officer now directly owns 95,633 shares of the company’s stock, valued at $12,228,591.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Thursday, February 21st, Stephen Howard Kramer sold 4,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $123.13, for a total value of $492,520.00.

Bright Horizons Family Solutions stock traded down $0.46 during trading on Monday, hitting $128.06. The company’s stock had a trading volume of 172,498 shares, compared to its average volume of 173,101. The firm has a market capitalization of $7.44 billion, a P/E ratio of 42.26, a PEG ratio of 3.62 and a beta of 0.34. Bright Horizons Family Solutions Inc has a 1-year low of $91.29 and a 1-year high of $128.79. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.33.

Bright Horizons Family Solutions (NYSE:BFAM) last released its earnings results on Tuesday, February 12th. The company reported $0.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.11. The firm had revenue of $478.00 million during the quarter, compared to analyst estimates of $481.48 million. Bright Horizons Family Solutions had a return on equity of 23.49% and a net margin of 8.30%. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 earnings per share. As a group, equities analysts predict that Bright Horizons Family Solutions Inc will post 3.35 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. raised its stake in Bright Horizons Family Solutions by 5.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 2,016 shares of the company’s stock valued at $225,000 after buying an additional 108 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Bright Horizons Family Solutions by 6.2% during the fourth quarter. D.A. Davidson & CO. now owns 2,285 shares of the company’s stock worth $255,000 after acquiring an additional 133 shares in the last quarter. Arjuna Capital raised its holdings in shares of Bright Horizons Family Solutions by 6.1% during the fourth quarter. Arjuna Capital now owns 2,498 shares of the company’s stock worth $278,000 after acquiring an additional 144 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its holdings in shares of Bright Horizons Family Solutions by 0.9% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 18,167 shares of the company’s stock worth $2,025,000 after acquiring an additional 167 shares in the last quarter. Finally, Brinker Capital Inc. raised its holdings in shares of Bright Horizons Family Solutions by 1.2% during the fourth quarter. Brinker Capital Inc. now owns 15,261 shares of the company’s stock worth $1,701,000 after acquiring an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 97.50% of the company’s stock.

A number of equities analysts have recently weighed in on BFAM shares. Zacks Investment Research cut Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, January 1st. ValuEngine raised Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a report on Friday, February 8th. Bank of America reissued a “neutral” rating and issued a $123.00 price target (up from $115.00) on shares of Bright Horizons Family Solutions in a report on Wednesday, February 13th. BMO Capital Markets boosted their price target on Bright Horizons Family Solutions from $120.00 to $122.00 and gave the stock a “market perform” rating in a report on Wednesday, February 13th. Finally, Citigroup boosted their price target on Bright Horizons Family Solutions from $117.00 to $126.00 and gave the stock a “neutral” rating in a report on Friday, March 1st. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus 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: Are sell-side analysts objective?

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

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