Ieq Capital LLC Buys Shares of 100,844 Bright Horizons Family Solutions Inc. $BFAM

Ieq Capital LLC bought a new stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 100,844 shares of the company’s stock, valued at approximately $7,148,000.

A number of other hedge funds have also recently made changes to their positions in BFAM. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter worth approximately $29,000. AG Campbell Advisory LLC purchased a new position in Bright Horizons Family Solutions during the fourth quarter valued at $41,000. Geneos Wealth Management Inc. raised its stake in Bright Horizons Family Solutions by 98.8% during the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after buying an additional 167 shares during the last quarter. Danske Bank A S bought a new stake in Bright Horizons Family Solutions in the third quarter worth $43,000. Finally, State of Wyoming bought a new stake in Bright Horizons Family Solutions in the first quarter worth $60,000.

Insider Activity

In other news, COO Mary Lou Burke sold 1,200 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $75.57, for a total value of $90,684.00. Following the transaction, the chief operating officer directly owned 32,145 shares in the company, valued at $2,429,197.65. This trade represents a 3.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.42% of the stock is currently owned by company insiders.

Bright Horizons Family Solutions Stock Down 0.1%

BFAM opened at $72.81 on Monday. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 1.11 and a beta of 1.14. The firm has a 50 day moving average price of $72.73 and a 200-day moving average price of $74.31. Bright Horizons Family Solutions Inc. has a twelve month low of $57.63 and a twelve month high of $124.25. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.08. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. The company had revenue of $779.18 million for the quarter, compared to analysts’ expectations of $774.84 million. During the same quarter last year, the company posted $1.07 earnings per share. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Equities research analysts forecast that Bright Horizons Family Solutions Inc. will post 4.7 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. UBS Group upped their price target on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, Morgan Stanley reduced their price objective on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a research note on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $95.88.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.