Y Intercept Hong Kong Ltd Invests $1.90 Million in BrightSpring Health Services, Inc. $BTSG

Y Intercept Hong Kong Ltd bought a new stake in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 80,337 shares of the company’s stock, valued at approximately $1,895,000.

A number of other institutional investors have also recently bought and sold shares of BTSG. IFP Advisors Inc increased its position in shares of BrightSpring Health Services by 273,666.7% in the first quarter. IFP Advisors Inc now owns 8,213 shares of the company’s stock worth $149,000 after acquiring an additional 8,210 shares in the last quarter. Strs Ohio purchased a new position in shares of BrightSpring Health Services during the first quarter valued at $226,000. Teacher Retirement System of Texas raised its position in BrightSpring Health Services by 6.8% during the first quarter. Teacher Retirement System of Texas now owns 14,650 shares of the company’s stock valued at $265,000 after buying an additional 932 shares during the period. AQR Capital Management LLC purchased a new stake in BrightSpring Health Services in the 1st quarter worth about $276,000. Finally, KLP Kapitalforvaltning AS boosted its position in BrightSpring Health Services by 19.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 14,500 shares of the company’s stock worth $342,000 after acquiring an additional 2,400 shares during the period.

Insider Transactions at BrightSpring Health Services

In other news, insider Jon B. Rousseau sold 235,000 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total transaction of $6,763,300.00. Following the transaction, the insider owned 1,131,930 shares of the company’s stock, valued at approximately $32,576,945.40. This represents a 17.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Lisa A. Nalley sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total value of $575,600.00. Following the completion of the sale, the insider owned 131,150 shares of the company’s stock, valued at approximately $3,774,497. This trade represents a 13.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.40% of the stock is owned by insiders.

BrightSpring Health Services Stock Performance

BTSG stock opened at $33.05 on Friday. The firm has a 50 day moving average of $28.29 and a two-hundred day moving average of $23.83. BrightSpring Health Services, Inc. has a 12 month low of $14.86 and a 12 month high of $35.01. The company has a market capitalization of $5.96 billion, a price-to-earnings ratio of 54.18, a P/E/G ratio of 0.68 and a beta of 2.40. The company has a quick ratio of 1.34, a current ratio of 1.79 and a debt-to-equity ratio of 1.36.

BrightSpring Health Services (NASDAQ:BTSG) last released its quarterly earnings results on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. BrightSpring Health Services had a net margin of 1.04% and a return on equity of 11.61%. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. FY 2025 guidance at EPS. As a group, equities analysts anticipate that BrightSpring Health Services, Inc. will post 0.59 EPS for the current fiscal year.

Analysts Set New Price Targets

BTSG has been the topic of a number of research reports. Morgan Stanley upped their target price on BrightSpring Health Services from $25.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Cowen reiterated a “buy” rating on shares of BrightSpring Health Services in a research note on Monday, August 4th. Wall Street Zen upgraded shares of BrightSpring Health Services from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings restated a “hold (c-)” rating on shares of BrightSpring Health Services in a report on Wednesday, October 8th. Finally, Wells Fargo & Company upped their price target on shares of BrightSpring Health Services from $27.00 to $33.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $34.70.

About BrightSpring Health Services

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.