Bright Horizons Family Solutions Inc. (NYSE:BFAM) Director Roger H. Brown sold 37,440 shares of the stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $70.07, for a total transaction of $2,623,420.80. Following the completion of the transaction, the director now directly owns 4,473 shares of the company’s stock, valued at $313,423.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) opened at 70.80 on Thursday. The company has a 50-day moving average of $66.52 and a 200 day moving average of $66.51. Bright Horizons Family Solutions Inc. has a one year low of $59.00 and a one year high of $72.80. The stock has a market cap of $4.21 billion, a PE ratio of 42.83 and a beta of 0.17.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by $0.01. Bright Horizons Family Solutions had a net margin of 6.58% and a return on equity of 16.87%. The company had revenue of $383.90 million for the quarter, compared to the consensus estimate of $387.82 million. During the same quarter in the previous year, the business earned $0.43 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, analysts predict that Bright Horizons Family Solutions Inc. will post $2.15 earnings per share for the current year.

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

A number of large investors have recently made changes to their positions in the stock. Huntington National Bank raised its stake in shares of Bright Horizons Family Solutions by 27.2% in the third quarter. Huntington National Bank now owns 1,643 shares of the company’s stock worth $110,000 after buying an additional 351 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of 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 worth $115,000 after buying an additional 1,711 shares during the last quarter. Invictus RG raised its stake in shares of Bright Horizons Family Solutions by 655.6% in the first quarter. Invictus RG now owns 1,821 shares of the company’s stock worth $118,000 after buying an additional 1,580 shares during the last quarter. Glenmede Trust Co. NA bought a new stake in shares of Bright Horizons Family Solutions during the second quarter worth $131,000. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Bright Horizons Family Solutions during the second quarter worth $132,000.

BFAM has been the topic of a number of recent research reports. JPMorgan Chase & Co. upgraded shares of Bright Horizons Family Solutions from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $70.00 to $76.00 in a report on Monday, August 15th. William Blair cut shares of Bright Horizons Family Solutions from an “outperform” rating to a “market weight” rating in a report on Wednesday, November 2nd. Jefferies Group upgraded shares of Bright Horizons Family Solutions from a “neutral” rating to an “overweight” rating and set a $76.00 price objective on the stock in a report on Monday, August 15th. Zacks Investment Research cut shares of Bright Horizons Family Solutions from a “hold” rating to a “sell” rating in a report on Monday, November 7th. Finally, Credit Suisse Group AG restated a “buy” rating and issued a $74.00 price objective on shares of Bright Horizons Family Solutions in a report on Friday, September 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. Bright Horizons Family Solutions has an average rating of “Buy” and an average target price 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

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