Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke sold 2,222 shares of the company’s stock in a transaction on Friday, October 7th. The stock was sold at an average price of $65.86, for a total transaction of $146,340.92. Following the completion of the transaction, the chief operating officer now directly owns 31,742 shares in the company, valued at $2,090,528.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mary Lou Burke also recently made the following trade(s):

  • On Wednesday, September 7th, Mary Lou Burke sold 2,222 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $68.26, for a total transaction of $151,673.72.
  • On Monday, August 8th, Mary Lou Burke sold 2,222 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $65.79, for a total transaction of $146,185.38.

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) opened at 66.18 on Thursday. The stock has a 50 day moving average price of $67.48 and a 200 day moving average price of $66.14. The firm has a market capitalization of $3.90 billion, a P/E ratio of 41.08 and a beta of 0.15. Bright Horizons Family Solutions Inc. has a 12 month low of $59.85 and a 12 month high of $70.59.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $0.61 earnings per share for the quarter, hitting the consensus estimate of $0.61. The company had revenue of $402 million for the quarter, compared to analyst estimates of $403.09 million. Bright Horizons Family Solutions had a net margin of 6.53% and a return on equity of 16.43%. Bright Horizons Family Solutions’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. On average, analysts expect that Bright Horizons Family Solutions Inc. will post $2.19 earnings per share for the current year.

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

Several research firms have commented on BFAM. Credit Suisse Group AG reissued a “buy” rating and set a $74.00 target price on shares of Bright Horizons Family Solutions in a research report on Friday, September 16th. Jefferies Group raised shares of Bright Horizons Family Solutions from a “neutral” rating to an “overweight” rating and set a $76.00 target price on the stock in a research report on Monday, August 15th. JPMorgan Chase & Co. raised shares of Bright Horizons Family Solutions from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $70.00 to $76.00 in a research report on Monday, August 15th. Finally, Zacks Investment Research raised shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research report on Monday, August 8th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $73.43.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA raised its position in Bright Horizons Family Solutions by 6,110.7% in the second quarter. BNP Paribas Arbitrage SA now owns 1,739 shares of the company’s stock valued at $115,000 after buying an additional 1,711 shares in the last quarter. Invictus RG raised its position in Bright Horizons Family Solutions by 655.6% in the first quarter. Invictus RG now owns 1,821 shares of the company’s stock valued at $118,000 after buying an additional 1,580 shares in the last quarter. Glenmede Trust Co. NA purchased a new position in Bright Horizons Family Solutions during the second quarter valued at $131,000. Tower Research Capital LLC TRC purchased a new position in Bright Horizons Family Solutions during the second quarter valued at $132,000. Finally, BlackRock Inc. raised its position in Bright Horizons Family Solutions by 128.7% in the first quarter. BlackRock Inc. now owns 2,484 shares of the company’s stock valued at $161,000 after buying an additional 1,398 shares in the last quarter.

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. The Company’s segments include full service center-based care services, back-up dependent care services and other educational advisory services.

5 Day Chart for NYSE:BFAM

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