Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) COO Mary Lou Burke sold 1,200 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $75.57, for a total transaction of $90,684.00. Following the transaction, the chief operating officer directly owned 32,145 shares of the company’s stock, valued at $2,429,197.65. The trade was a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
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 transaction of $40,000.00.
Bright Horizons Family Solutions Price Performance
NYSE:BFAM opened at $75.34 on Wednesday. The business’s 50-day moving average is $70.05 and its 200 day moving average is $76.21. Bright Horizons Family Solutions Inc. has a 12 month low of $57.63 and a 12 month high of $124.25. The company has a market capitalization of $3.96 billion, a P/E ratio of 23.84, a P/E/G ratio of 1.31 and a beta of 1.14. The company has a current ratio of 0.48, a quick ratio of 0.46 and a debt-to-equity ratio of 1.14.
Analyst Upgrades and Downgrades
BFAM has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. JPMorgan Chase & Co. lowered their price target on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. UBS Group lifted their price objective on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a “neutral” rating in a report on Friday. Finally, Morgan Stanley lowered their target price on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a report on Friday. Four equities 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $95.88.
Check Out Our Latest Stock Analysis on BFAM
Institutional Trading of Bright Horizons Family Solutions
A number of institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp raised its stake in Bright Horizons Family Solutions by 27,305.7% in the 1st quarter. Fifth Third Bancorp now owns 177,589 shares of the company’s stock worth $14,585,000 after acquiring an additional 176,941 shares during the last quarter. M&T Bank Corp lifted its stake in Bright Horizons Family Solutions by 6,909.9% during the 4th quarter. M&T Bank Corp now owns 136,904 shares of the company’s stock valued at $13,882,000 after acquiring an additional 134,951 shares during the period. Hsbc Holdings PLC increased its stake in shares of Bright Horizons Family Solutions by 117.1% in the fourth quarter. Hsbc Holdings PLC now owns 64,098 shares of the company’s stock worth $6,489,000 after acquiring an additional 34,574 shares during the period. Mayar Capital Ltd. raised its holdings in shares of Bright Horizons Family Solutions by 73.6% during the fourth quarter. Mayar Capital Ltd. now owns 80,934 shares of the company’s stock worth $8,207,000 after purchasing an additional 34,300 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Bright Horizons Family Solutions by 31.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,334,650 shares of the company’s stock worth $109,611,000 after purchasing an additional 316,919 shares during the period.
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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