Bright Horizons Family Solutions (NYSE:BFAM) COO Sells $108,520.00 in Stock

Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke sold 1,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $108.52, for a total transaction of $108,520.00. Following the completion of the transaction, the chief operating officer owned 26,449 shares of the company’s stock, valued at approximately $2,870,245.48. This represents a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Mary Lou Burke also recently made the following trade(s):

• On Friday, August 1st, Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $128.99, for a total transaction of $128,990.00.

Bright Horizons Family Solutions Stock Performance

BFAM opened at $106.29 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a fifty day moving average price of $115.19 and a 200 day moving average price of $119.31. Bright Horizons Family Solutions Inc. has a 1 year low of $103.75 and a 1 year high of $139.68. The stock has a market cap of $6.04 billion, a P/E ratio of 34.85 and a beta of 1.33.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Thursday, July 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.07. The firm had revenue of $731.57 million during the quarter, compared to analysts’ expectations of $724.32 million. Bright Horizons Family Solutions had a net margin of 6.34% and a return on equity of 15.12%. The business’s revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.88 EPS. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.150-4.250 EPS. Equities research analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current year.

Analyst Ratings Changes

BFAM has been the subject of several recent analyst reports. Morgan Stanley cut their price target on shares of Bright Horizons Family Solutions from $106.00 to $100.00 and set an “underweight” rating for the company in a report on Monday, July 28th. Jefferies Financial Group lowered shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating and cut their price target for the stock from $146.00 to $135.00 in a report on Monday, June 23rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Bright Horizons Family Solutions in a report on Saturday, September 27th. 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 company’s stock. Based on data from MarketBeat, Bright Horizons Family Solutions has an average rating of “Moderate Buy” and a consensus price target of $134.57.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Larson Financial Group LLC boosted its position in shares of Bright Horizons Family Solutions by 62.2% during the 1st quarter. Larson Financial Group LLC now owns 206 shares of the company’s stock valued at $26,000 after acquiring an additional 79 shares during the last quarter. Twin Tree Management LP acquired a new position in shares of Bright Horizons Family Solutions during the 1st quarter valued at about $29,000. Parallel Advisors LLC boosted its position in shares of Bright Horizons Family Solutions by 79.9% during the 1st quarter. Parallel Advisors LLC now owns 322 shares of the company’s stock valued at $41,000 after acquiring an additional 143 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Bright Horizons Family Solutions by 98.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after acquiring an additional 167 shares during the last quarter. Finally, HM Payson & Co. acquired a new position in shares of Bright Horizons Family Solutions during the 1st quarter valued at about $50,000.

Bright Horizons Family Solutions Company 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.