Stephen Howard Kramer Sells 2,961 Shares of Bright Horizons Family Solutions (BFAM) Stock

Bright Horizons Family Solutions (NYSE:BFAM) CEO Stephen Howard Kramer sold 2,961 shares of the business’s stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of $99.61, for a total value of $294,945.21. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Stephen Howard Kramer also recently made the following trade(s):

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  • On Thursday, February 15th, Stephen Howard Kramer sold 2,962 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $96.00, for a total value of $284,352.00.
  • On Tuesday, January 16th, Stephen Howard Kramer sold 2,962 shares of Bright Horizons Family Solutions stock. The shares were sold at an average price of $95.35, for a total value of $282,426.70.

NYSE BFAM opened at $96.10 on Monday. The company has a market capitalization of $5,628.19, a price-to-earnings ratio of 37.69, a PEG ratio of 2.19 and a beta of 0.07. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.40. Bright Horizons Family Solutions has a 52 week low of $70.79 and a 52 week high of $105.04.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. Bright Horizons Family Solutions had a return on equity of 20.69% and a net margin of 9.02%. The company had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $438.99 million. During the same quarter in the prior year, the business posted $0.56 EPS. The business’s revenue was up 10.4% compared to the same quarter last year. equities analysts expect that Bright Horizons Family Solutions will post 2.93 EPS for the current year.

Several institutional investors have recently made changes to their positions in BFAM. Atlantic Trust Group LLC bought a new stake in shares of Bright Horizons Family Solutions during the 3rd quarter worth approximately $59,732,000. Carillon Tower Advisers Inc. bought a new stake in shares of Bright Horizons Family Solutions during the 4th quarter worth approximately $47,584,000. JPMorgan Chase & Co. raised its stake in shares of Bright Horizons Family Solutions by 44.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,002,318 shares of the company’s stock worth $85,938,000 after purchasing an additional 310,160 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Bright Horizons Family Solutions by 25.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,251,082 shares of the company’s stock worth $117,602,000 after purchasing an additional 254,336 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of Bright Horizons Family Solutions by 9.1% during the 4th quarter. Alliancebernstein L.P. now owns 2,176,000 shares of the company’s stock worth $204,544,000 after purchasing an additional 182,060 shares in the last quarter. Institutional investors own 99.04% of the company’s stock.

Several equities analysts recently issued reports on BFAM shares. Royal Bank of Canada reiterated a “buy” rating and issued a $89.00 price objective on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 20th. Zacks Investment Research upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research report on Monday, March 26th. Citigroup boosted their price objective on Bright Horizons Family Solutions to $107.00 and gave the company a “buy” rating in a research report on Monday, February 12th. Barclays restated a “buy” rating and issued a $105.00 target price on shares of Bright Horizons Family Solutions in a research note on Wednesday, December 27th. Finally, ValuEngine upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Bright Horizons Family Solutions currently has a consensus rating of “Hold” and an average price target of $101.67.

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Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

Insider Buying and Selling by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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