Bright Horizons Family Solutions Inc (NYSE:BFAM) CEO Stephen Howard Kramer sold 3,000 shares of the business’s stock in a transaction on Thursday, November 15th. The stock was sold at an average price of $116.61, for a total value of $349,830.00. Following the completion of the transaction, the chief executive officer now owns 94,400 shares of the company’s stock, valued at approximately $11,007,984. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Stephen Howard Kramer also recently made the following trade(s):

  • On Monday, September 17th, Stephen Howard Kramer sold 3,500 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $115.05, for a total value of $402,675.00.

Shares of NYSE BFAM traded up $2.39 during mid-day trading on Friday, reaching $120.20. The company’s stock had a trading volume of 158,100 shares, compared to its average volume of 242,105. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 47.14, a price-to-earnings-growth ratio of 3.32 and a beta of 0.19. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 1.33. Bright Horizons Family Solutions Inc has a 52 week low of $86.80 and a 52 week high of $122.01.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings results on Thursday, November 1st. The company reported $0.73 EPS for the quarter, meeting analysts’ consensus estimates of $0.73. Bright Horizons Family Solutions had a return on equity of 22.55% and a net margin of 8.73%. The company had revenue of $472.00 million during the quarter, compared to analyst estimates of $471.85 million. During the same period in the prior year, the company earned $0.62 earnings per share. The firm’s revenue was up 8.9% on a year-over-year basis. Research analysts expect that Bright Horizons Family Solutions Inc will post 2.97 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of the business. Nordea Investment Management AB raised its position in Bright Horizons Family Solutions by 27.6% during the third quarter. Nordea Investment Management AB now owns 41,560 shares of the company’s stock valued at $4,897,000 after purchasing an additional 9,000 shares during the period. Teachers Advisors LLC raised its position in Bright Horizons Family Solutions by 1.2% during the third quarter. Teachers Advisors LLC now owns 237,714 shares of the company’s stock valued at $28,012,000 after purchasing an additional 2,741 shares during the period. AQR Capital Management LLC raised its position in Bright Horizons Family Solutions by 29.0% during the third quarter. AQR Capital Management LLC now owns 60,541 shares of the company’s stock valued at $7,134,000 after purchasing an additional 13,616 shares during the period. Mutual Advisors LLC purchased a new stake in Bright Horizons Family Solutions during the third quarter valued at approximately $231,000. Finally, Putnam Investments LLC raised its position in Bright Horizons Family Solutions by 135.1% during the third quarter. Putnam Investments LLC now owns 104,979 shares of the company’s stock valued at $12,371,000 after purchasing an additional 60,321 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

A number of analysts recently commented on BFAM shares. Barclays upped their price objective on Bright Horizons Family Solutions from $105.00 to $125.00 and gave the company an “overweight” rating in a research report on Friday, November 2nd. Robert W. Baird upped their price objective on Bright Horizons Family Solutions from $115.00 to $122.00 and gave the company a “neutral” rating in a research report on Friday, November 2nd. JPMorgan Chase & Co. upped their price objective on Bright Horizons Family Solutions from $121.00 to $125.00 and gave the company an “overweight” rating in a research report on Friday, November 2nd. Bank of America started coverage on Bright Horizons Family Solutions in a research report on Tuesday, October 23rd. They set a “neutral” rating and a $118.00 price objective for the company. Finally, Zacks Investment Research upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Wednesday, November 7th. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company. Bright Horizons Family Solutions presently has a consensus rating of “Hold” and a consensus target price of $113.36.

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Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides child care and early education, back-up dependent care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services.

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

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