Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke sold 750 shares of the business’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $79.85, for a total transaction of $59,887.50. Following the sale, the chief operating officer now directly owns 32,016 shares of the company’s stock, valued at approximately $2,556,477.60. 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 Tuesday, August 15th, Mary Lou Burke sold 2,000 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $79.98, for a total transaction of $159,960.00.
  • 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.

Shares of Bright Horizons Family Solutions Inc. (NYSE BFAM) traded up 1.51% during mid-day trading on Friday, reaching $79.22. 206,059 shares of the company traded hands. The company has a market capitalization of $4.69 billion, a P/E ratio of 42.27 and a beta of 0.13. The stock’s 50-day moving average is $79.43 and its 200-day moving average is $75.65. Bright Horizons Family Solutions Inc. has a 52 week low of $59.00 and a 52 week high of $82.00.

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

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A number of analysts have recently commented on BFAM shares. Zacks Investment Research raised shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $87.00 target price for the company in a research note on Friday, June 2nd. BMO Capital Markets reaffirmed a “market perform” rating and set a $85.00 price objective (up previously from $83.00) on shares of Bright Horizons Family Solutions in a research note on Thursday, August 3rd. BidaskClub cut shares of Bright Horizons Family Solutions from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 27th. Citigroup Inc. reaffirmed a “buy” rating and set a $92.00 price objective (up previously from $90.00) on shares of Bright Horizons Family Solutions in a research note on Thursday, August 3rd. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, August 9th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $84.00.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Lord Abbett & CO. LLC purchased a new stake in shares of Bright Horizons Family Solutions during the second quarter worth about $11,999,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Bright Horizons Family Solutions during the second quarter worth about $239,000. Public Employees Retirement System of Ohio grew its holdings in shares of Bright Horizons Family Solutions by 78.2% during the second quarter. Public Employees Retirement System of Ohio now owns 51,737 shares of the company’s stock worth $3,995,000 after buying an additional 22,702 shares in the last quarter. 1st Global Advisors Inc. grew its holdings in shares of Bright Horizons Family Solutions by 1.1% during the second quarter. 1st Global Advisors Inc. now owns 7,187 shares of the company’s stock worth $555,000 after buying an additional 75 shares in the last quarter. Finally, Susquehanna International Group LLP grew its holdings in shares of Bright Horizons Family Solutions by 366.3% during the second quarter. Susquehanna International Group LLP now owns 142,194 shares of the company’s stock worth $10,979,000 after buying an additional 111,701 shares in the last quarter. Institutional investors and hedge funds own 97.23% of the company’s stock.

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 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)

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