Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke sold 2,000 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $79.98, for a total transaction of $159,960.00. Following the completion of the sale, the chief operating officer now directly owns 33,266 shares of the company’s stock, valued at $2,660,614.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, August 7th, Mary Lou Burke sold 5,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $78.56, for a total transaction of $392,800.00.
  • On Wednesday, July 19th, Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $79.98, for a total transaction of $79,980.00.
  • On Wednesday, July 5th, Mary Lou Burke sold 5,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $76.60, for a total transaction of $383,000.00.
  • On Monday, June 5th, Mary Lou Burke sold 5,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $77.76, for a total transaction of $388,800.00.

Bright Horizons Family Solutions Inc. (NYSE:BFAM) opened at 79.81 on Friday. The company’s 50-day moving average is $78.52 and its 200 day moving average is $74.66. The company has a market cap of $4.72 billion, a price-to-earnings ratio of 42.59 and a beta of 0.12. Bright Horizons Family Solutions Inc. has a 12 month low of $59.00 and a 12 month high of $82.00.

Bright Horizons Family Solutions (NYSE:BFAM) last released its earnings results on Tuesday, August 1st. The company reported $0.70 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.03. The firm had revenue of $445.55 million for the quarter, compared to analysts’ expectations of $443.90 million. Bright Horizons Family Solutions had a return on equity of 19.19% and a net margin of 6.91%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.61 EPS. Equities analysts forecast that Bright Horizons Family Solutions Inc. will post $2.64 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This article was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/08/18/bright-horizons-family-solutions-inc-bfam-coo-mary-lou-burke-sells-2000-shares.html.

A number of analysts have recently issued reports on the stock. BMO Capital Markets reissued a “hold” rating and issued a $83.00 price target on shares of Bright Horizons Family Solutions in a research report on Monday, May 15th. Credit Suisse Group lowered shares of Bright Horizons Family Solutions from an “outperform” rating to a “neutral” rating and raised their price objective for the company from $80.00 to $83.00 in a research report on Friday, May 12th. They noted that the move was a valuation call. Citigroup Inc. assumed coverage on shares of Bright Horizons Family Solutions in a research report on Tuesday, July 18th. They set a “buy” rating and a $90.00 price objective on the stock. Zacks Investment Research raised shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research report on Friday, August 4th. Finally, BidaskClub lowered shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $83.67.

Large investors have recently added to or reduced their stakes in the stock. 1st Global Advisors Inc. boosted its stake in Bright Horizons Family Solutions by 1.1% in the second quarter. 1st Global Advisors Inc. now owns 7,187 shares of the company’s stock valued at $555,000 after buying an additional 75 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in Bright Horizons Family Solutions by 0.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 20,708 shares of the company’s stock valued at $1,501,000 after buying an additional 150 shares during the last quarter. Argent Capital Management LLC boosted its stake in Bright Horizons Family Solutions by 2.5% in the second quarter. Argent Capital Management LLC now owns 6,250 shares of the company’s stock valued at $483,000 after buying an additional 150 shares during the last quarter. Stephens Inc. AR boosted its stake in Bright Horizons Family Solutions by 5.2% in the second quarter. Stephens Inc. AR now owns 4,561 shares of the company’s stock valued at $352,000 after buying an additional 225 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in Bright Horizons Family Solutions by 6.9% in the second quarter. Teacher Retirement System of Texas now owns 3,801 shares of the company’s stock valued at $293,000 after buying an additional 247 shares during the last quarter.

Bright Horizons Family Solutions Company Profile

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)

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.