Bright Horizons Family Solutions Inc. (NYSE:BFAM) CEO David H. Lissy sold 79,112 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $87.26, for a total value of $6,903,313.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) traded down $0.15 during midday trading on Wednesday, reaching $86.58. The company’s stock had a trading volume of 270,300 shares, compared to its average volume of 280,280. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.35. Bright Horizons Family Solutions Inc. has a 12 month low of $65.00 and a 12 month high of $93.13. The stock has a market cap of $5,144.40, a P/E ratio of 36.44, a price-to-earnings-growth ratio of 1.74 and a beta of 0.13.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.62 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.05. Bright Horizons Family Solutions had a return on equity of 19.72% and a net margin of 7.22%. The company had revenue of $433.30 million for the quarter, compared to the consensus estimate of $429.36 million. During the same quarter in the prior year, the business earned $0.49 EPS. Bright Horizons Family Solutions’s revenue was up 12.9% on a year-over-year basis. analysts anticipate that Bright Horizons Family Solutions Inc. will post 2.49 EPS for the current year.

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Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. increased its holdings in shares of Bright Horizons Family Solutions by 73,144.9% in the 1st quarter. BlackRock Inc. now owns 2,743,023 shares of the company’s stock valued at $198,843,000 after acquiring an additional 2,739,278 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Bright Horizons Family Solutions by 3,798.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 692,158 shares of the company’s stock valued at $53,441,000 after acquiring an additional 674,404 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in shares of Bright Horizons Family Solutions by 108.4% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,153,425 shares of the company’s stock valued at $89,056,000 after acquiring an additional 599,907 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Bright Horizons Family Solutions by 11.8% in the 2nd quarter. Vanguard Group Inc. now owns 3,888,575 shares of the company’s stock valued at $300,237,000 after acquiring an additional 410,335 shares during the last quarter. Finally, Laurion Capital Management LP purchased a new position in shares of Bright Horizons Family Solutions in the 2nd quarter valued at about $17,171,000. Institutional investors own 96.34% of the company’s stock.

Several equities analysts recently issued reports on BFAM shares. BidaskClub raised Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. Zacks Investment Research raised Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research note on Friday, August 4th. Barclays PLC increased their target price on Bright Horizons Family Solutions from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, October 2nd. Royal Bank Of Canada reissued a “buy” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, August 9th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $85.00 target price (up previously from $83.00) on shares of Bright Horizons Family Solutions in a research note on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $90.67.

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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