Needham Investment Management LLC Purchases 11,500 Shares of Bright Horizons Family Solutions Inc. $BFAM

Needham Investment Management LLC grew its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAMFree Report) by 9.8% in the 4th quarter, Holdings Channel reports. The firm owned 129,000 shares of the company’s stock after acquiring an additional 11,500 shares during the quarter. Needham Investment Management LLC’s holdings in Bright Horizons Family Solutions were worth $13,081,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in BFAM. Vanguard Personalized Indexing Management LLC grew its position in shares of Bright Horizons Family Solutions by 18.7% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 10,181 shares of the company’s stock worth $1,032,000 after buying an additional 1,605 shares during the period. Mariner LLC grew its position in Bright Horizons Family Solutions by 177.5% in the 4th quarter. Mariner LLC now owns 53,534 shares of the company’s stock valued at $5,431,000 after purchasing an additional 34,243 shares during the period. Focus Partners Wealth grew its position in Bright Horizons Family Solutions by 149.9% in the 4th quarter. Focus Partners Wealth now owns 16,186 shares of the company’s stock valued at $1,641,000 after purchasing an additional 9,708 shares during the period. Fieldview Capital Management LLC grew its position in Bright Horizons Family Solutions by 58.4% in the 4th quarter. Fieldview Capital Management LLC now owns 40,632 shares of the company’s stock valued at $4,120,000 after purchasing an additional 14,985 shares during the period. Finally, Giverny Capital Inc. acquired a new stake in Bright Horizons Family Solutions in the 4th quarter valued at $41,594,000.

Bright Horizons Family Solutions Price Performance

BFAM opened at $63.63 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.46 and a quick ratio of 0.46. The company has a market capitalization of $3.35 billion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 1.11 and a beta of 1.19. The firm’s fifty day moving average price is $72.77 and its two-hundred day moving average price is $83.50. Bright Horizons Family Solutions Inc. has a 1 year low of $57.63 and a 1 year high of $130.76.

Bright Horizons Family Solutions (NYSE:BFAMGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.03. The firm had revenue of $712.22 million for the quarter, compared to the consensus estimate of $713.35 million. Bright Horizons Family Solutions had a net margin of 6.35% and a return on equity of 18.01%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.77 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. As a group, analysts anticipate that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BFAM has been the subject of several research reports. Weiss Ratings downgraded shares of Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. BMO Capital Markets reduced their price target on shares of Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. Barclays reduced their price target on shares of Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating for the company in a research report on Tuesday, February 17th. JPMorgan Chase & Co. reduced 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. Finally, UBS Group reduced their price target on shares of Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $100.44.

Check Out Our Latest Stock Analysis on Bright Horizons Family Solutions

Bright Horizons Family Solutions Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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