Graham Capital Management L.P. Has $1.55 Million Position in Bright Horizons Family Solutions Inc. $BFAM

Graham Capital Management L.P. cut its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 55.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 12,215 shares of the company’s stock after selling 15,319 shares during the quarter. Graham Capital Management L.P.’s holdings in Bright Horizons Family Solutions were worth $1,552,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quarry LP bought a new stake in shares of Bright Horizons Family Solutions during the 1st quarter valued at approximately $119,000. DRW Securities LLC bought a new stake in Bright Horizons Family Solutions during the 1st quarter worth approximately $432,000. Twin Tree Management LP bought a new stake in Bright Horizons Family Solutions during the 1st quarter worth approximately $29,000. Vident Advisory LLC lifted its position in shares of Bright Horizons Family Solutions by 7.4% in the 1st quarter. Vident Advisory LLC now owns 104,096 shares of the company’s stock worth $13,224,000 after purchasing an additional 7,187 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of Bright Horizons Family Solutions in the 1st quarter worth approximately $7,505,000.

Insider Buying and Selling at Bright Horizons Family Solutions

In other news, Director Mary Ann Tocio sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $120.10, for a total value of $360,300.00. Following the completion of the sale, the director owned 18,233 shares in the company, valued at $2,189,783.30. This represents a 14.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Mary Lou Burke sold 1,000 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $128.99, for a total transaction of $128,990.00. Following the completion of the sale, the chief operating officer owned 28,449 shares of the company’s stock, valued at approximately $3,669,636.51. The trade was a 3.40% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,000 shares of company stock valued at $611,850. Company insiders own 1.21% of the company’s stock.

Bright Horizons Family Solutions Stock Performance

BFAM opened at $115.90 on Wednesday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.57. The company’s fifty day moving average price is $118.20 and its two-hundred day moving average price is $121.96. Bright Horizons Family Solutions Inc. has a 1-year low of $103.75 and a 1-year high of $141.90. The company has a market cap of $6.59 billion, a price-to-earnings ratio of 38.00 and a beta of 1.27.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Thursday, July 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.07. Bright Horizons Family Solutions had a net margin of 6.34% and a return on equity of 15.12%. The firm had revenue of $731.57 million during the quarter, compared to analyst estimates of $724.32 million. During the same quarter in the prior year, the business posted $0.88 EPS. The business’s revenue was up 9.2% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.150-4.250 EPS. On average, analysts expect that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on BFAM shares. Jefferies Financial Group downgraded shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating and dropped their price target for the stock from $146.00 to $135.00 in a research report on Monday, June 23rd. Morgan Stanley lowered their price objective on shares of Bright Horizons Family Solutions from $106.00 to $100.00 and set an “underweight” rating on the stock in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $134.57.

Bright Horizons Family Solutions Profile

Bright Horizons Family Solutions Inc provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. The company operates in three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.