Bright Horizons Family Solutions (NYSE:BFAM) Director Mary Ann Tocio Sells 6,000 Shares

Bright Horizons Family Solutions Inc. (NYSE:BFAMGet Free Report) Director Mary Ann Tocio sold 6,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $72.65, for a total value of $435,900.00. Following the completion of the sale, the director owned 14,329 shares in the company, valued at approximately $1,041,001.85. This represents a 29.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Bright Horizons Family Solutions Price Performance

Shares of Bright Horizons Family Solutions stock opened at $72.08 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. The company has a market cap of $3.51 billion, a PE ratio of 22.81, a P/E/G ratio of 1.12 and a beta of 1.15. The business has a 50 day moving average of $74.16 and a 200 day moving average of $73.65. Bright Horizons Family Solutions Inc. has a 52 week low of $57.63 and a 52 week high of $117.30.

Bright Horizons Family Solutions (NYSE:BFAMGet Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.08. The company had revenue of $779.18 million during the quarter, compared to analyst estimates of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The firm’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, equities research analysts forecast that Bright Horizons Family Solutions Inc. will post 4.7 earnings per share for the current year.

Hedge Funds Weigh In On Bright Horizons Family Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Bright Horizons Family Solutions during the 2nd quarter valued at about $11,779,000. Aurora Investment Counsel bought a new position in shares of Bright Horizons Family Solutions during the second quarter valued at approximately $1,964,000. Fifth Third Bancorp increased its stake in shares of Bright Horizons Family Solutions by 27,305.7% during the first quarter. Fifth Third Bancorp now owns 177,589 shares of the company’s stock valued at $14,585,000 after purchasing an additional 176,941 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Bright Horizons Family Solutions by 117.1% during the fourth quarter. Hsbc Holdings PLC now owns 64,098 shares of the company’s stock valued at $6,489,000 after purchasing an additional 34,574 shares during the last quarter. Finally, Ieq Capital LLC purchased a new position in shares of Bright Horizons Family Solutions during the second quarter valued at approximately $7,148,000.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on BFAM shares. UBS Group lifted their target price on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. decreased 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 note on Wednesday, May 6th. Weiss Ratings restated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. Finally, Morgan Stanley cut their price objective on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating on the stock in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $95.88.

Check Out Our Latest Stock Report on Bright Horizons Family Solutions

Bright Horizons Family Solutions Company Profile

(Get Free Report)

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.

Further Reading

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