Bright Horizons Family Solutions Inc. (NYSE:BFAM) CEO David H. Lissy sold 79,112 shares of Bright Horizons Family Solutions stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $87.26, for a total transaction of $6,903,313.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Bright Horizons Family Solutions Inc. (NYSE BFAM) traded up $1.42 on Friday, reaching $87.61. 355,100 shares of the company’s stock were exchanged, compared to its average volume of 280,587. Bright Horizons Family Solutions Inc. has a 52-week low of $65.00 and a 52-week high of $93.13. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.35. The company has a market cap of $5,112.37, a price-to-earnings ratio of 36.21, a price-to-earnings-growth ratio of 1.73 and a beta of 0.13.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Wednesday, November 1st. The company reported $0.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.05. Bright Horizons Family Solutions had a net margin of 7.22% and a return on equity of 19.72%. The firm had revenue of $433.30 million for the quarter, compared to analyst estimates of $429.36 million. During the same period in the previous year, the firm posted $0.49 EPS. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. research analysts expect that Bright Horizons Family Solutions Inc. will post 2.49 EPS for the current fiscal year.

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Several large investors have recently bought and sold shares of BFAM. Acrospire Investment Management LLC lifted its position in shares of Bright Horizons Family Solutions by 250.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,400 shares of the company’s stock valued at $108,000 after acquiring an additional 1,000 shares during the period. Public Employees Retirement Association of Colorado acquired a new position in shares of Bright Horizons Family Solutions during the 2nd quarter valued at $123,000. Advisor Group Inc. lifted its position in shares of Bright Horizons Family Solutions by 213.6% during the 2nd quarter. Advisor Group Inc. now owns 1,988 shares of the company’s stock valued at $152,000 after acquiring an additional 1,354 shares during the period. Zions Bancorporation acquired a new position in Bright Horizons Family Solutions during the third quarter worth $170,000. Finally, Connable Office Inc. acquired a new position in Bright Horizons Family Solutions during the second quarter worth $208,000. 96.34% of the stock is currently owned by institutional investors.

BFAM has been the subject of several analyst reports. BMO Capital Markets restated a “market perform” rating and issued a $85.00 target price (up from $83.00) on shares of Bright Horizons Family Solutions in a research report on Thursday, August 3rd. Citigroup Inc. restated a “buy” rating and issued a $92.00 target price (up from $90.00) on shares of Bright Horizons Family Solutions in a research report on Thursday, August 3rd. Zacks Investment Research upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research report on Friday, August 4th. Royal Bank Of Canada restated a “buy” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, August 9th. Finally, BidaskClub upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $90.67.

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)

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