Insider Selling: Bright Horizons Family Solutions (BFAM) COO Sells 1,100 Shares of Stock

Bright Horizons Family Solutions (NYSE:BFAM) COO Mary Lou Burke sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, April 5th. The shares were sold at an average price of $97.78, for a total transaction of $107,558.00. Following the completion of the sale, the chief operating officer now directly owns 30,946 shares of the company’s stock, valued at approximately $3,025,899.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

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  • On Monday, March 26th, Mary Lou Burke sold 250 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $105.00, for a total transaction of $26,250.00.
  • On Friday, March 16th, Mary Lou Burke sold 1,500 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $101.00, for a total transaction of $151,500.00.
  • On Monday, March 5th, Mary Lou Burke sold 1,100 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $95.50, for a total transaction of $105,050.00.
  • On Wednesday, February 21st, Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $98.00, for a total transaction of $98,000.00.
  • On Monday, February 5th, Mary Lou Burke sold 2,350 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $96.33, for a total transaction of $226,375.50.
  • On Friday, January 5th, Mary Lou Burke sold 1,100 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $94.48, for a total transaction of $103,928.00.

BFAM opened at $96.10 on Friday. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.42 and a quick ratio of 0.42. Bright Horizons Family Solutions has a 52 week low of $70.79 and a 52 week high of $105.04. The firm has a market cap of $5,803.89, a price-to-earnings ratio of 38.86, a price-to-earnings-growth ratio of 2.25 and a beta of 0.07.

Bright Horizons Family Solutions (NYSE:BFAM) last released its earnings results on Thursday, February 8th. The company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. Bright Horizons Family Solutions had a net margin of 9.02% and a return on equity of 20.69%. The firm had revenue of $440.00 million during the quarter, compared to analyst estimates of $438.99 million. During the same quarter in the previous year, the business earned $0.56 EPS. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. equities analysts expect that Bright Horizons Family Solutions will post 2.93 EPS for the current year.

A number of analysts recently weighed in on BFAM shares. Goldman Sachs started coverage on shares of Bright Horizons Family Solutions in a report on Tuesday, March 27th. They issued a “neutral” rating and a $104.00 price target for the company. Credit Suisse Group raised their price target on shares of Bright Horizons Family Solutions from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Friday, February 9th. Macquarie started coverage on shares of Bright Horizons Family Solutions in a report on Thursday, December 21st. They issued a “neutral” rating and a $95.00 price target for the company. Royal Bank of Canada lifted their target price on shares of Bright Horizons Family Solutions to $98.00 and gave the stock an “outperform” rating in a report on Friday, January 19th. They noted that the move was a valuation call. Finally, Barclays reaffirmed a “buy” rating and set a $105.00 target price on shares of Bright Horizons Family Solutions in a report on Wednesday, December 27th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $101.67.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BFAM. Quadrature Capital Ltd bought a new position in shares of Bright Horizons Family Solutions during the fourth quarter worth $567,000. Carillon Tower Advisers Inc. bought a new position in shares of Bright Horizons Family Solutions during the fourth quarter worth $47,584,000. Invictus RG bought a new position in shares of Bright Horizons Family Solutions during the fourth quarter worth $402,000. Schwab Charles Investment Management Inc. boosted its position in shares of Bright Horizons Family Solutions by 11.4% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 290,698 shares of the company’s stock worth $27,326,000 after purchasing an additional 29,775 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its position in shares of Bright Horizons Family Solutions by 2.0% during the fourth quarter. Mackenzie Financial Corp now owns 730,539 shares of the company’s stock worth $68,671,000 after purchasing an additional 14,039 shares in the last quarter. 99.04% of the stock is owned by hedge funds and other institutional investors.

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Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

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

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