Semanteon Capital Management LP Purchases Shares of 7,305 Bright Horizons Family Solutions Inc. $BFAM

Semanteon Capital Management LP acquired a new position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,305 shares of the company’s stock, valued at approximately $903,000. Bright Horizons Family Solutions makes up approximately 1.4% of Semanteon Capital Management LP’s investment portfolio, making the stock its 26th largest position.

Several other hedge funds also recently bought and sold shares of BFAM. Larson Financial Group LLC increased its position in Bright Horizons Family Solutions by 62.2% during the 1st quarter. Larson Financial Group LLC now owns 206 shares of the company’s stock worth $26,000 after purchasing an additional 79 shares in the last quarter. Twin Tree Management LP acquired a new stake in shares of Bright Horizons Family Solutions during the first quarter worth $29,000. Geneos Wealth Management Inc. grew its position in shares of Bright Horizons Family Solutions by 98.8% in the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after purchasing an additional 167 shares during the period. Banque Cantonale Vaudoise acquired a new position in Bright Horizons Family Solutions in the first quarter valued at $65,000. Finally, GAMMA Investing LLC grew its holdings in Bright Horizons Family Solutions by 18.3% in the 2nd quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock valued at $69,000 after buying an additional 87 shares during the period.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $108.52, for a total transaction of $108,520.00. Following the completion of the sale, the chief operating officer owned 26,449 shares in the company, valued at $2,870,245.48. This trade represents a 3.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.21% of the company’s stock.

Bright Horizons Family Solutions Price Performance

Shares of BFAM stock opened at $99.67 on Monday. The firm has a fifty day simple moving average of $103.87 and a 200-day simple moving average of $114.96. The company has a market capitalization of $5.64 billion, a PE ratio of 32.68 and a beta of 1.36. Bright Horizons Family Solutions Inc. has a twelve month low of $91.49 and a twelve month high of $132.99. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.57.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.25. The firm had revenue of $802.81 million for the quarter, compared to analyst estimates of $781.16 million. Bright Horizons Family Solutions had a net margin of 6.34% and a return on equity of 15.12%. The firm’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.11 EPS. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. Equities research analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on BFAM. UBS Group upped their price target on shares of Bright Horizons Family Solutions from $112.00 to $120.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Weiss Ratings restated a “hold (c+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, October 8th. Morgan Stanley dropped their price objective on shares of Bright Horizons Family Solutions from $104.00 to $96.00 and set an “underweight” rating for the company in a research report on Friday, October 24th. The Goldman Sachs Group cut their target price on shares of Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $124.00 price objective on shares of Bright Horizons Family Solutions in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.71.

About Bright Horizons Family Solutions

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.