Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) COO Mary Burke sold 1,200 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $75.00, for a total value of $90,000.00. Following the sale, the chief operating officer owned 30,945 shares of the company’s stock, valued at approximately $2,320,875. The trade was a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Mary Lou Burke also recently made the following trade(s):
- On Monday, August 3rd, Mary Burke sold 1,200 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $75.57, for a total value of $90,684.00.
- On Tuesday, July 28th, Mary Burke sold 500 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $80.00, for a total value of $40,000.00.
Bright Horizons Family Solutions Price Performance
Shares of BFAM stock opened at $71.18 on Friday. The firm has a market cap of $3.46 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 1.10 and a beta of 1.15. Bright Horizons Family Solutions Inc. has a 12 month low of $57.63 and a 12 month high of $117.30. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. The stock has a 50-day moving average price of $74.25 and a 200 day moving average price of $73.68.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. UBS Group lifted their target price on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. Finally, Morgan Stanley reduced their price target on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating on the stock in a research report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $95.88.
Get Our Latest Stock Report on Bright Horizons Family Solutions
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of BFAM. BlackRock Inc. acquired a new stake in Bright Horizons Family Solutions in the second quarter worth $452,317,000. California State Teachers Retirement System increased its position in shares of Bright Horizons Family Solutions by 6,781.7% in the 2nd quarter. California State Teachers Retirement System now owns 4,599,049 shares of the company’s stock valued at $325,981,000 after buying an additional 4,532,219 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Bright Horizons Family Solutions by 23.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,026,442 shares of the company’s stock worth $306,881,000 after buying an additional 582,976 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new stake in Bright Horizons Family Solutions during the 4th quarter worth $191,952,000. Finally, Capital World Investors lifted its holdings in Bright Horizons Family Solutions by 16.9% during the fourth quarter. Capital World Investors now owns 1,779,738 shares of the company’s stock worth $180,465,000 after acquiring an additional 257,813 shares in the last quarter.
About Bright Horizons Family Solutions
Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.
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