Cwm LLC Sells 1,080 Shares of Bright Horizons Family Solutions Inc. $BFAM

Cwm LLC reduced its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 5.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,763 shares of the company’s stock after selling 1,080 shares during the quarter. Cwm LLC’s holdings in Bright Horizons Family Solutions were worth $2,195,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC boosted its position in shares of Bright Horizons Family Solutions by 1.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 9,500 shares of the company’s stock valued at $1,174,000 after acquiring an additional 118 shares during the period. Triodos Investment Management BV boosted its position in shares of Bright Horizons Family Solutions by 9.1% in the second quarter. Triodos Investment Management BV now owns 24,000 shares of the company’s stock valued at $2,966,000 after acquiring an additional 2,000 shares during the period. KLP Kapitalforvaltning AS boosted its position in shares of Bright Horizons Family Solutions by 17.0% in the second quarter. KLP Kapitalforvaltning AS now owns 11,700 shares of the company’s stock valued at $1,446,000 after acquiring an additional 1,700 shares during the period. DAVENPORT & Co LLC boosted its position in shares of Bright Horizons Family Solutions by 11.9% in the second quarter. DAVENPORT & Co LLC now owns 2,631 shares of the company’s stock valued at $325,000 after acquiring an additional 280 shares during the period. Finally, Hilltop National Bank bought a new position in shares of Bright Horizons Family Solutions in the second quarter valued at approximately $159,000.

Bright Horizons Family Solutions Trading Up 1.8%

BFAM stock opened at $100.60 on Friday. The company has a market capitalization of $5.72 billion, a PE ratio of 32.98 and a beta of 1.33. Bright Horizons Family Solutions Inc. has a one year low of $95.53 and a one year high of $135.77. The company’s 50 day moving average price is $111.46 and its two-hundred day moving average price is $117.40. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.56 and a current ratio of 0.56.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.00 by $0.07. The firm had revenue of $731.57 million for the quarter, compared to the consensus estimate 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 last year, the firm posted $0.88 earnings per share. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.150-4.250 EPS. As a group, analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

Insider Activity at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 3,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $120.10, for a total transaction of $360,300.00. Following the transaction, the director directly owned 18,233 shares of the company’s stock, valued at approximately $2,189,783.30. This trade represents a 14.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $108.52, for a total transaction of $108,520.00. Following the transaction, the chief operating officer directly owned 26,449 shares in the company, valued at $2,870,245.48. This trade represents a 3.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,000 shares of company stock worth $597,810 over the last three months. Insiders own 1.21% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. UBS Group cut their price objective on shares of Bright Horizons Family Solutions from $138.00 to $112.00 and set a “neutral” rating for the company in a research report on Thursday, October 9th. Morgan Stanley lowered their target price on shares of Bright Horizons Family Solutions from $106.00 to $100.00 and set an “underweight” rating on the stock in a research note on Monday, July 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group downgraded shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating and lowered their target price for the company from $146.00 to $135.00 in a research note on Monday, June 23rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Bright Horizons Family Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.00.

About Bright Horizons Family Solutions

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.