Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke sold 2,222 shares of the company’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $63.58, for a total transaction of $141,274.76. Following the completion of the sale, the chief operating officer now directly owns 31,742 shares of the company’s stock, valued at approximately $2,018,156.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Friday, October 7th, Mary Lou Burke sold 2,222 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $65.86, for a total transaction of $146,340.92.
  • On Wednesday, September 7th, Mary Lou Burke sold 2,222 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $68.26, for a total transaction of $151,673.72.

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) opened at 66.37 on Thursday. The firm has a market cap of $3.91 billion, a PE ratio of 40.08 and a beta of 0.17. Bright Horizons Family Solutions Inc. has a 12 month low of $59.00 and a 12 month high of $70.59. The stock’s 50 day moving average is $66.03 and its 200 day moving average is $66.32.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Tuesday, November 1st. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.01. Bright Horizons Family Solutions had a net margin of 6.58% and a return on equity of 16.79%. The firm earned $383.90 million during the quarter, compared to analyst estimates of $387.82 million. During the same period in the previous year, the firm posted $0.43 EPS. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, analysts anticipate that Bright Horizons Family Solutions Inc. will post $2.15 earnings per share for the current fiscal year.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in BFAM. Mesirow Financial Investment Management Equity Management purchased a new position in shares of Bright Horizons Family Solutions during the second quarter valued at $25,439,000. Geneva Advisors LLC increased its position in shares of Bright Horizons Family Solutions by 166.7% in the second quarter. Geneva Advisors LLC now owns 573,357 shares of the company’s stock valued at $38,019,000 after buying an additional 358,375 shares during the last quarter. Atlanta Capital Management Co. L L C purchased a new position in shares of Bright Horizons Family Solutions during the second quarter valued at $20,085,000. TimesSquare Capital Management LLC increased its position in shares of Bright Horizons Family Solutions by 12.2% in the second quarter. TimesSquare Capital Management LLC now owns 2,116,629 shares of the company’s stock valued at $140,354,000 after buying an additional 229,350 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Bright Horizons Family Solutions by 7.0% in the second quarter. Vanguard Group Inc. now owns 3,143,998 shares of the company’s stock valued at $208,478,000 after buying an additional 206,347 shares during the last quarter.

BFAM has been the subject of several research analyst reports. Zacks Investment Research raised shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research note on Monday, August 8th. 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 note on Monday, August 15th. Jefferies Group raised shares of Bright Horizons Family Solutions from a “neutral” rating to an “overweight” rating and set a $76.00 target price for the company in a research note on Monday, August 15th. Credit Suisse Group AG reaffirmed a “buy” rating and set a $74.00 target price on shares of Bright Horizons Family Solutions in a research note on Friday, September 16th. Finally, William Blair lowered shares of Bright Horizons Family Solutions from an “outperform” rating to a “market weight” rating in a research note on Wednesday, November 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $73.43.

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

Receive News & Stock Ratings for Bright Horizons Family Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions Inc. and related stocks with our FREE daily email newsletter.