Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) COO Mary Lou Burke sold 1,200 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $75.00, for a total value of $90,000.00. Following the completion of the transaction, the chief operating officer owned 30,945 shares of the company’s stock, valued at $2,320,875. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Mary Lou Burke also recently made the following trade(s):
- On Monday, August 3rd, Mary Lou Burke sold 1,200 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $75.57, for a total value of $90,684.00.
- 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 value of $40,000.00.
Bright Horizons Family Solutions Trading Down 1.3%
NYSE:BFAM traded down $0.98 on Wednesday, reaching $72.08. The company’s stock had a trading volume of 743,796 shares, compared to its average volume of 989,416. Bright Horizons Family Solutions Inc. has a 12-month low of $57.63 and a 12-month high of $117.30. The stock has a 50 day moving average price of $74.08 and a 200 day moving average price of $73.73. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 1.13 and a beta of 1.15. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14.
Analysts Set New Price Targets
BFAM has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered their target price 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. Morgan Stanley reduced their price target on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating on the stock in a research note on Friday, July 31st. Weiss Ratings restated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. Finally, UBS Group increased their price objective on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $95.88.
Check Out Our Latest Stock Report on Bright Horizons Family Solutions
Institutional Trading of Bright Horizons Family Solutions
A number of institutional investors and hedge funds have recently bought and sold shares of BFAM. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Bright Horizons Family Solutions during the second quarter worth about $29,000. AG Campbell Advisory LLC acquired a new stake in Bright Horizons Family Solutions during the 4th quarter worth approximately $41,000. Geneos Wealth Management Inc. boosted its position in Bright Horizons Family Solutions by 98.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after buying an additional 167 shares during the period. Danske Bank A S purchased a new stake in shares of Bright Horizons Family Solutions during the third quarter worth $43,000. Finally, State of Wyoming purchased a new stake in shares of Bright Horizons Family Solutions during the first quarter worth $60,000.
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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