Bright Horizons Family Solutions Inc (NYSE:BFAM) EVP Stephen I. Dreier sold 2,798 shares of the business’s stock in a transaction on Friday, January 19th. The stock was sold at an average price of $97.00, for a total transaction of $271,406.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Bright Horizons Family Solutions Inc (NYSE:BFAM) traded up $1.33 during mid-day trading on Friday, reaching $97.51. 165,154 shares of the company’s stock were exchanged, compared to its average volume of 184,208. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.49 and a quick ratio of 0.49. Bright Horizons Family Solutions Inc has a fifty-two week low of $65.00 and a fifty-two week high of $98.16. The company has a market capitalization of $5,780.00, a PE ratio of 48.03, a price-to-earnings-growth ratio of 1.67 and a beta of 0.13.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.05. Bright Horizons Family Solutions had a net margin of 7.22% and a return on equity of 19.72%. The business had revenue of $433.30 million for the quarter, compared to analysts’ expectations of $429.36 million. During the same quarter in the previous year, the business posted $0.49 earnings per share. The business’s revenue was up 12.9% compared to the same quarter last year. equities research analysts forecast that Bright Horizons Family Solutions Inc will post 2.5 earnings per share for the current fiscal year.

Several brokerages recently weighed in on BFAM. Royal Bank of Canada boosted their price target on shares of Bright Horizons Family Solutions to $98.00 and gave the stock an “outperform” rating in a research report on Friday. They noted that the move was a valuation call. BMO Capital Markets restated a “hold” rating and issued a $98.00 price target on shares of Bright Horizons Family Solutions in a research report on Wednesday. Robert W. Baird restated a “hold” rating and issued a $100.00 price target on shares of Bright Horizons Family Solutions in a research report on Tuesday, January 9th. Barclays restated a “buy” rating and issued a $105.00 price target on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 27th. Finally, Macquarie began coverage on shares of Bright Horizons Family Solutions in a research report on Thursday, December 21st. They issued a “neutral” rating and a $95.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Bright Horizons Family Solutions currently has an average rating of “Hold” and an average target price of $98.25.

A number of hedge funds have recently bought and sold shares of BFAM. Legal & General Group Plc increased its position in Bright Horizons Family Solutions by 24.0% during the second quarter. Legal & General Group Plc now owns 19,318 shares of the company’s stock valued at $1,492,000 after acquiring an additional 3,743 shares during the last quarter. Comerica Bank bought a new position in shares of Bright Horizons Family Solutions in the second quarter worth about $230,000. BNP Paribas Arbitrage SA grew its holdings in shares of Bright Horizons Family Solutions by 32.6% in the second quarter. BNP Paribas Arbitrage SA now owns 3,475 shares of the company’s stock worth $268,000 after purchasing an additional 854 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Bright Horizons Family Solutions by 16.2% in the second quarter. Principal Financial Group Inc. now owns 10,205 shares of the company’s stock worth $788,000 after purchasing an additional 1,423 shares during the last quarter. Finally, Stephens Inc. AR grew its holdings in shares of Bright Horizons Family Solutions by 5.2% in the second quarter. Stephens Inc. AR now owns 4,561 shares of the company’s stock worth $352,000 after purchasing an additional 225 shares during the last quarter. Institutional investors and hedge funds own 98.70% of the company’s stock.

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About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

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

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