Bright Horizons Family Solutions Inc (NYSE:BFAM) COO Mary Lou Burke sold 1,100 shares of Bright Horizons Family Solutions stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $119.84, for a total value of $131,824.00. Following the completion of the sale, the chief operating officer now owns 29,721 shares of the company’s stock, valued at $3,561,764.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Mary Lou Burke also recently made the following trade(s):

  • On Monday, November 5th, Mary Lou Burke sold 1,100 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $115.54, for a total value of $127,094.00.
  • On Friday, October 5th, Mary Lou Burke sold 1,100 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $113.34, for a total transaction of $124,674.00.

Bright Horizons Family Solutions stock traded down $3.25 during midday trading on Friday, reaching $116.01. 78,761 shares of the stock traded hands, compared to its average volume of 247,032. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of 45.49, a price-to-earnings-growth ratio of 3.40 and a beta of 0.23. Bright Horizons Family Solutions Inc has a 12-month low of $90.28 and a 12-month high of $123.93.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings results on Thursday, November 1st. The company reported $0.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.73. The company had revenue of $472.00 million for the quarter, compared to analyst estimates of $471.85 million. Bright Horizons Family Solutions had a return on equity of 22.55% and a net margin of 8.73%. Bright Horizons Family Solutions’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.62 EPS. Equities research analysts anticipate that Bright Horizons Family Solutions Inc will post 2.97 earnings per share for the current year.

A number of equities analysts have commented on BFAM shares. Zacks Investment Research upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, August 14th. Bank of America assumed coverage on Bright Horizons Family Solutions in a report on Tuesday, October 23rd. They set a “neutral” rating and a $118.00 price target for the company. Barclays raised their target price on Bright Horizons Family Solutions from $105.00 to $125.00 and gave the company an “overweight” rating in a report on Friday, November 2nd. JPMorgan Chase & Co. raised their target price on Bright Horizons Family Solutions from $121.00 to $125.00 and gave the company an “overweight” rating in a report on Friday, November 2nd. Finally, Robert W. Baird raised their target price on Bright Horizons Family Solutions from $115.00 to $122.00 and gave the company a “neutral” rating in a report on Friday, November 2nd. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $113.36.

A number of hedge funds have recently bought and sold shares of the business. Tygh Capital Management Inc. increased its position in Bright Horizons Family Solutions by 0.8% in the 2nd quarter. Tygh Capital Management Inc. now owns 77,075 shares of the company’s stock valued at $7,902,000 after acquiring an additional 593 shares during the period. Hsbc Holdings PLC boosted its stake in Bright Horizons Family Solutions by 12.5% during the 3rd quarter. Hsbc Holdings PLC now owns 6,827 shares of the company’s stock valued at $804,000 after purchasing an additional 756 shares in the last quarter. TD Asset Management Inc. boosted its stake in Bright Horizons Family Solutions by 10.9% during the 2nd quarter. TD Asset Management Inc. now owns 9,157 shares of the company’s stock valued at $939,000 after purchasing an additional 900 shares in the last quarter. WINTON GROUP Ltd boosted its stake in Bright Horizons Family Solutions by 5.7% during the 3rd quarter. WINTON GROUP Ltd now owns 17,590 shares of the company’s stock valued at $2,073,000 after purchasing an additional 941 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC boosted its stake in Bright Horizons Family Solutions by 104.4% during the 2nd quarter. Moneta Group Investment Advisors LLC now owns 1,860 shares of the company’s stock valued at $191,000 after purchasing an additional 950 shares in the last quarter. 97.72% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION NOTICE: “Bright Horizons Family Solutions Inc (BFAM) COO Mary Lou Burke Sells 1,100 Shares of Stock” was posted by Watch List News and is the property of of Watch List News. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.watchlistnews.com/bright-horizons-family-solutions-inc-bfam-coo-mary-lou-burke-sells-1100-shares-of-stock/2667951.html.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc provides child care and early education, back-up dependent care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services.

Read More: Trading Strategy Examples and Plans

Insider Buying and Selling by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.