Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) COO Mary Lou Burke sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $75.57, for a total value of $90,684.00. Following the sale, the chief operating officer directly owned 32,145 shares in the company, valued at $2,429,197.65. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Mary Lou Burke also recently made the following trade(s):
- On Tuesday, July 28th, Mary Lou Burke sold 500 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $80.00, for a total value of $40,000.00.
Bright Horizons Family Solutions Price Performance
NYSE:BFAM opened at $74.17 on Friday. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 23.47, a PEG ratio of 1.17 and a beta of 1.14. Bright Horizons Family Solutions Inc. has a 1 year low of $57.63 and a 1 year high of $124.25. The business has a 50 day simple moving average of $70.56 and a 200-day simple moving average of $75.90. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.46.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the stock. Morgan Stanley reduced their price target on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating on the stock in a research note on Friday, July 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. UBS Group upped their target price on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. reduced their target price on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $95.88.
Read Our Latest Stock Analysis on Bright Horizons Family Solutions
Institutional Trading of Bright Horizons Family Solutions
Hedge funds have recently added to or reduced their stakes in the business. AG Campbell Advisory LLC bought a new stake in shares of Bright Horizons Family Solutions in the 4th quarter valued at about $41,000. Signaturefd LLC lifted its position in shares of Bright Horizons Family Solutions by 34.4% in the 4th quarter. Signaturefd LLC now owns 426 shares of the company’s stock worth $43,000 after purchasing an additional 109 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of Bright Horizons Family Solutions by 98.8% during the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after purchasing an additional 167 shares in the last quarter. Danske Bank A S bought a new position in shares of Bright Horizons Family Solutions during the third quarter valued at approximately $43,000. Finally, State of Wyoming purchased a new position in Bright Horizons Family Solutions during the first quarter valued at approximately $60,000.
Bright Horizons Family Solutions Company Profile
Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.
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