Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) COO Mary Lou Burke sold 1,200 shares of Bright Horizons Family Solutions stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $75.57, for a total transaction of $90,684.00. Following the sale, the chief operating officer directly owned 32,145 shares of the company’s stock, valued at $2,429,197.65. The trade was a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Mary Lou Burke also recently made the following trade(s):
- On Tuesday, July 28th, Mary Lou Burke sold 500 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $80.00, for a total transaction of $40,000.00.
Bright Horizons Family Solutions Stock Performance
Bright Horizons Family Solutions stock traded down $0.93 during trading hours on Tuesday, hitting $75.34. The company had a trading volume of 748,701 shares, compared to its average volume of 1,041,290. The firm has a 50-day moving average of $69.85 and a 200 day moving average of $76.36. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.46. The firm has a market cap of $3.96 billion, a PE ratio of 23.84, a PEG ratio of 1.28 and a beta of 1.14. Bright Horizons Family Solutions Inc. has a one year low of $57.63 and a one year high of $124.25.
Wall Street Analyst Weigh In
BFAM has been the topic of several recent research reports. Morgan Stanley lowered their price objective on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating on the stock in a research report on Friday. UBS Group boosted their target price on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. lowered their price target on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $95.88.
View Our Latest Report on Bright Horizons Family Solutions
Institutional Investors Weigh In On Bright Horizons Family Solutions
Several institutional investors and hedge funds have recently bought and sold shares of the company. Beaird Harris Wealth Management LLC increased its holdings in Bright Horizons Family Solutions by 18.1% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 28,633 shares of the company’s stock valued at $2,030,000 after buying an additional 4,398 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Bright Horizons Family Solutions by 555.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,181 shares of the company’s stock worth $155,000 after acquiring an additional 1,848 shares during the period. Empowered Funds LLC bought a new stake in shares of Bright Horizons Family Solutions during the 1st quarter worth approximately $232,000. Glenmede Trust Co. NA boosted its position in shares of Bright Horizons Family Solutions by 41.4% during the 1st quarter. Glenmede Trust Co. NA now owns 8,794 shares of the company’s stock worth $722,000 after acquiring an additional 2,575 shares in the last quarter. Finally, Essential Partners LLC boosted its position in shares of Bright Horizons Family Solutions by 38.3% during the 1st quarter. Essential Partners LLC now owns 2,471 shares of the company’s stock worth $203,000 after acquiring an additional 684 shares in the last quarter.
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.
Recommended Stories
- Five stocks we like better than Bright Horizons Family Solutions
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
