Hussman Strategic Advisors Inc. Lowers Stock Position in BrightSpring Health Services, Inc. $BTSG

Hussman Strategic Advisors Inc. cut its holdings in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) by 60.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,000 shares of the company’s stock after selling 63,000 shares during the period. Hussman Strategic Advisors Inc.’s holdings in BrightSpring Health Services were worth $991,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Teacher Retirement System of Texas boosted its position in BrightSpring Health Services by 6.8% during the 1st quarter. Teacher Retirement System of Texas now owns 14,650 shares of the company’s stock valued at $265,000 after acquiring an additional 932 shares in the last quarter. Swiss National Bank lifted its stake in shares of BrightSpring Health Services by 0.9% during the 1st quarter. Swiss National Bank now owns 118,100 shares of the company’s stock worth $2,136,000 after purchasing an additional 1,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in BrightSpring Health Services by 5.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,429 shares of the company’s stock valued at $587,000 after purchasing an additional 1,780 shares in the last quarter. Millennium Management LLC grew its stake in BrightSpring Health Services by 0.3% in the first quarter. Millennium Management LLC now owns 577,885 shares of the company’s stock valued at $10,454,000 after purchasing an additional 1,967 shares during the last quarter. Finally, KLP Kapitalforvaltning AS raised its holdings in BrightSpring Health Services by 19.8% in the second quarter. KLP Kapitalforvaltning AS now owns 14,500 shares of the company’s stock worth $342,000 after purchasing an additional 2,400 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of BrightSpring Health Services in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $30.00 target price on shares of BrightSpring Health Services and gave the company a “buy” rating in a research note on Monday, September 8th. Cowen reaffirmed a “buy” rating on shares of BrightSpring Health Services in a research report on Monday, August 4th. Bank of America raised their price objective on BrightSpring Health Services from $27.50 to $31.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Finally, BTIG Research upped their target price on BrightSpring Health Services from $30.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $34.70.

BrightSpring Health Services Trading Down 4.4%

NASDAQ BTSG opened at $32.03 on Wednesday. BrightSpring Health Services, Inc. has a 12-month low of $15.26 and a 12-month high of $35.01. The company has a fifty day simple moving average of $28.64 and a two-hundred day simple moving average of $24.11. The company has a current ratio of 1.79, a quick ratio of 1.38 and a debt-to-equity ratio of 1.36. The stock has a market cap of $5.78 billion, a P/E ratio of 52.51, a P/E/G ratio of 0.59 and a beta of 2.41.

BrightSpring Health Services (NASDAQ:BTSG) last announced its quarterly earnings data on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. BrightSpring Health Services had a net margin of 1.04% and a return on equity of 11.61%. The firm had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.16 billion. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. FY 2025 guidance at EPS. On average, analysts forecast that BrightSpring Health Services, Inc. will post 0.59 earnings per share for the current year.

Insider Transactions at BrightSpring Health Services

In related news, insider Jon B. Rousseau sold 235,000 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total value of $6,763,300.00. Following the transaction, the insider owned 1,131,930 shares in the company, valued at approximately $32,576,945.40. This represents a 17.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lisa A. Nalley sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total transaction of $575,600.00. Following the transaction, the insider directly owned 131,150 shares of the company’s stock, valued at $3,774,497. This represents a 13.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.40% of the stock is currently owned by corporate insiders.

BrightSpring Health Services Company Profile

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.