Bright Horizons Family Solutions Inc (NYSE:BFAM) CFO Elizabeth J. Boland Sells 5,000 Shares

Bright Horizons Family Solutions Inc (NYSE:BFAM) CFO Elizabeth J. Boland sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of $149.47, for a total value of $747,350.00. Following the completion of the transaction, the chief financial officer now owns 125,117 shares of the company’s stock, valued at $18,701,237.99. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of NYSE:BFAM traded down $0.23 during trading on Thursday, hitting $153.91. The stock had a trading volume of 208,966 shares, compared to its average volume of 205,922. The business’s 50-day moving average price is $145.98. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $9.01 billion, a PE ratio of 50.80, a price-to-earnings-growth ratio of 4.32 and a beta of 0.31. Bright Horizons Family Solutions Inc has a 12-month low of $105.15 and a 12-month high of $155.78.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $0.81 EPS for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.02. The business had revenue of $501.76 million during the quarter, compared to analysts’ expectations of $497.24 million. Bright Horizons Family Solutions had a return on equity of 23.38% and a net margin of 8.38%. The business’s revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.72 earnings per share. Equities research analysts anticipate that Bright Horizons Family Solutions Inc will post 3.39 earnings per share for the current year.

Large investors have recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Bright Horizons Family Solutions by 312.1% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 272 shares of the company’s stock worth $30,000 after acquiring an additional 206 shares during the last quarter. Quadrant Capital Group LLC acquired a new position in Bright Horizons Family Solutions during the first quarter worth $47,000. Manchester Capital Management LLC purchased a new stake in Bright Horizons Family Solutions in the first quarter valued at $47,000. NumerixS Investment Technologies Inc raised its position in Bright Horizons Family Solutions by 133.7% in the fourth quarter. NumerixS Investment Technologies Inc now owns 701 shares of the company’s stock valued at $78,000 after purchasing an additional 401 shares during the period. Finally, Ellis Investment Partners LLC purchased a new stake in Bright Horizons Family Solutions in the first quarter valued at $86,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

BFAM has been the topic of a number of recent analyst reports. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. BMO Capital Markets lowered GLENCORE PLC/ADR from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 10th. Zacks Investment Research downgraded EXACT Sciences from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Finally, Goldman Sachs Group set a €6.20 ($7.21) price target on Kloeckner & Co SE and gave the stock a “buy” rating in a research report on Thursday, June 20th. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Bright Horizons Family Solutions currently has an average rating of “Buy” and an average target price of $131.29.

Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides child care and early education, back-up care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services. The Full Service Center-Based Child Care segment offers traditional center-based child care, preschool, and elementary education services.

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