Dynamic Technology Lab Private Ltd Has $1.91 Million Holdings in Bright Horizons Family Solutions Inc. $BFAM

Dynamic Technology Lab Private Ltd raised its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 71.0% in the second quarter, Holdings Channel reports. The firm owned 15,440 shares of the company’s stock after buying an additional 6,410 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Bright Horizons Family Solutions were worth $1,908,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in BFAM. Catalyst Funds Management Pty Ltd bought a new position in Bright Horizons Family Solutions during the second quarter valued at approximately $260,000. Artisan Partners Limited Partnership increased its stake in shares of Bright Horizons Family Solutions by 10.4% during the 2nd quarter. Artisan Partners Limited Partnership now owns 1,797,368 shares of the company’s stock worth $222,137,000 after purchasing an additional 168,891 shares during the last quarter. Semanteon Capital Management LP bought a new position in shares of Bright Horizons Family Solutions during the 2nd quarter valued at $903,000. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Bright Horizons Family Solutions by 17.7% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 45,167 shares of the company’s stock valued at $5,582,000 after purchasing an additional 6,807 shares in the last quarter. Finally, Summitry LLC acquired a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter valued at $216,000.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on BFAM shares. The Goldman Sachs Group reduced their price target on Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Morgan Stanley cut their price objective on Bright Horizons Family Solutions from $104.00 to $96.00 and set an “underweight” rating on the stock in a research note on Friday, October 24th. JPMorgan Chase & Co. boosted their target price on Bright Horizons Family Solutions from $156.00 to $160.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Robert W. Baird set a $136.00 price target on Bright Horizons Family Solutions in a report on Friday, October 31st. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $128.71.

Bright Horizons Family Solutions Price Performance

Shares of NYSE:BFAM opened at $99.62 on Thursday. The company has a market cap of $5.63 billion, a price-to-earnings ratio of 32.66 and a beta of 1.36. The business has a 50 day moving average price of $102.91 and a 200 day moving average price of $114.46. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.57. Bright Horizons Family Solutions Inc. has a twelve month low of $91.49 and a twelve month high of $132.99.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Thursday, October 30th. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.32 by $0.25. Bright Horizons Family Solutions had a return on equity of 15.12% and a net margin of 6.34%.The company had revenue of $802.81 million for the quarter, compared to the consensus estimate of $781.16 million. During the same period in the previous year, the business posted $1.11 EPS. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. Research analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current year.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $108.52, for a total value of $108,520.00. Following the completion of the sale, the chief operating officer directly owned 26,449 shares of the company’s stock, valued at $2,870,245.48. This represents a 3.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.21% of the stock is currently owned by insiders.

Bright Horizons Family Solutions Profile

Bright Horizons Family Solutions Inc provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. The company operates in three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.