Bright Horizons Family Solutions (NYSE:BFAM) Director Sells $435,900.00 in Stock

Bright Horizons Family Solutions Inc. (NYSE:BFAMGet Free Report) Director Mary Tocio sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $72.65, for a total transaction of $435,900.00. Following the sale, the director owned 14,329 shares in the company, valued at $1,041,001.85. The trade was a 29.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Bright Horizons Family Solutions Stock Down 1.5%

Shares of Bright Horizons Family Solutions stock opened at $70.03 on Friday. 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 Inc. has a 52-week low of $57.63 and a 52-week high of $117.25. The company has a market capitalization of $3.41 billion, a P/E ratio of 22.16, a P/E/G ratio of 1.09 and a beta of 1.15. The company has a 50 day moving average of $74.25 and a 200 day moving average of $73.66.

Bright Horizons Family Solutions (NYSE:BFAMGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $774.84 million. During the same period in the prior year, the firm posted $1.07 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, research analysts forecast that Bright Horizons Family Solutions Inc. will post 4.7 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Geneos Wealth Management Inc. lifted its position in 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 acquiring an additional 167 shares during the last quarter. AG Campbell Advisory LLC acquired a new position in Bright Horizons Family Solutions in the fourth quarter valued at $41,000. Danske Bank A S purchased a new position in shares of Bright Horizons Family Solutions during the third quarter worth about $43,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Bright Horizons Family Solutions during the second quarter worth about $29,000. Finally, Fifth Third Bancorp increased its position in shares of Bright Horizons Family Solutions by 72.8% during the fourth quarter. Fifth Third Bancorp now owns 648 shares of the company’s stock worth $66,000 after purchasing an additional 273 shares in the last quarter.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Morgan Stanley cut their price target on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating on the stock in a research note on Friday, July 31st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. Finally, UBS Group raised their target price on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research report 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 company. Based on data from MarketBeat, Bright Horizons Family Solutions presently has an average rating of “Hold” and a consensus target price of $95.88.

Get Our Latest Stock Analysis on BFAM

Bright Horizons Family Solutions Company Profile

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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.

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