BrightSpring Health Services, Inc. (NASDAQ:BTSG – Get Free Report) insider Jon Rousseau sold 220,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $41.15, for a total value of $9,053,000.00. Following the sale, the insider directly owned 1,023,880 shares of the company’s stock, valued at approximately $42,132,662. This represents a 17.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
BrightSpring Health Services Trading Down 0.7%
Shares of BTSG opened at $41.49 on Friday. The business’s 50-day moving average price is $39.50 and its 200 day moving average price is $33.91. The stock has a market capitalization of $8.03 billion, a P/E ratio of 47.15, a P/E/G ratio of 0.55 and a beta of 2.31. BrightSpring Health Services, Inc. has a 1-year low of $15.48 and a 1-year high of $44.87. The company has a current ratio of 1.57, a quick ratio of 1.12 and a debt-to-equity ratio of 1.32.
BrightSpring Health Services (NASDAQ:BTSG – Get Free Report) last posted its quarterly earnings data on Friday, February 27th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). BrightSpring Health Services had a net margin of 1.48% and a return on equity of 12.66%. The firm had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the company posted $0.11 earnings per share. BrightSpring Health Services’s quarterly revenue was up 29.3% compared to the same quarter last year. Analysts expect that BrightSpring Health Services, Inc. will post 0.59 earnings per share for the current year.
BrightSpring Health Services News Roundup
- Positive Sentiment: Zacks added BTSG to its Zacks Rank #1 (Strong Buy) growth list for March 6, highlighting it as a top growth pick. Best Growth Stocks to Buy for March 6th
- Positive Sentiment: Zacks similarly featured BTSG on its March 5 list of best growth / strong-buy stocks, reinforcing buy-side attention across consecutive days. Best Growth Stocks to Buy for March 5th
- Positive Sentiment: Zacks upgraded BTSG from Hold to Strong Buy and published follow-ups pointing to momentum and rising earnings estimate revisions—signals that analysts are lifting near‑term expectations. Zacks.com upgrade
- Positive Sentiment: Zacks published a piece noting surging earnings estimate revisions for BTSG, which is commonly bullish for the stock if revisions translate into higher forward EPS and investor expectations. Surging Earnings Estimates Signal Upside
- Positive Sentiment: Broker commentary (Mizuho) and media noted strong price-appreciation forecasts and heavy trading after the analyst upgrade, which can support further upside if momentum continues. Mizuho Forecasts Strong Price Appreciation Sees Strong Trading Volume After Analyst Upgrade
- Neutral Sentiment: Zacks published comparative coverage showing how BTSG stacks up vs. medical peers this year—useful context but not an immediate catalyst. Peer Performance
- Neutral Sentiment: Reported short-interest figures in the dataset show 0 shares and 0.0 days-to-cover (likely a data artifact). That suggests no clear short-position signal from the reported data and should be treated cautiously.
- Negative Sentiment: Fundamentals remain mixed: the company’s most recent quarterly report showed strong revenue growth but a small EPS miss and the stock trades at a elevated PE, which can make it vulnerable to short-term pullbacks despite positive analyst notes.
Institutional Investors Weigh In On BrightSpring Health Services
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BTSG. CWM LLC grew its holdings in shares of BrightSpring Health Services by 17.5% during the 4th quarter. CWM LLC now owns 1,874 shares of the company’s stock valued at $70,000 after acquiring an additional 279 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of BrightSpring Health Services by 17.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,826 shares of the company’s stock worth $143,000 after acquiring an additional 565 shares in the last quarter. NBC Securities Inc. acquired a new stake in BrightSpring Health Services during the fourth quarter valued at $29,000. Salomon & Ludwin LLC purchased a new position in BrightSpring Health Services in the fourth quarter valued at about $30,000. Finally, Farther Finance Advisors LLC grew its stake in BrightSpring Health Services by 112.8% in the fourth quarter. Farther Finance Advisors LLC now owns 1,717 shares of the company’s stock valued at $64,000 after purchasing an additional 910 shares in the last quarter.
Analyst Upgrades and Downgrades
Several research firms have weighed in on BTSG. Wells Fargo & Company lifted their price objective on shares of BrightSpring Health Services from $43.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. BMO Capital Markets restated an “outperform” rating and issued a $46.00 target price on shares of BrightSpring Health Services in a report on Friday, January 23rd. Zacks Research raised BrightSpring Health Services from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. BTIG Research reissued a “buy” rating and set a $55.00 price target on shares of BrightSpring Health Services in a research report on Monday. Finally, Morgan Stanley increased their price objective on BrightSpring Health Services from $40.00 to $48.00 and gave the stock an “overweight” rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $44.08.
Get Our Latest Analysis on BrightSpring Health Services
BrightSpring Health Services Company Profile
BrightSpring Health Services (NASDAQ: BTSG) is a leading provider of home and community-based care and workforce solutions aimed at seniors, individuals with disabilities and those facing behavioral health challenges. The company’s operations encompass a broad spectrum of services, including personal care, skilled nursing, therapy, habilitation and supported living, as well as specialized behavioral health programs delivered through both clinical and non-clinical channels.
Through its network of subsidiary brands, BrightSpring offers integrated care in the patient’s home environment, fostering independence and improving quality of life.
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