Bright Horizons Family Solutions (NYSE:BFAM) COO Mary Lou Burke Sells 1,200 Shares of Stock

Key Points

• COO Mary Lou Burke sold 1,200 BFAM shares at an average price of $75.57, generating $90,684 and reducing her ownership by 3.6% to 32,145 shares. She also sold 500 shares the previous week for $40,000.
• Bright Horizons shares fell 1.2% to $75.34. Despite the decline, the company exceeded quarterly expectations with adjusted EPS of $1.28 versus $1.20 forecast and revenue of $779.18 million, up 6.4% year over year.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $95.88; recent firms included JPMorgan and Morgan Stanley cutting targets, while UBS raised its target slightly.

Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) COO Mary Lou Burke sold 1,200 shares of the 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 transaction, the chief operating officer owned 32,145 shares of the company's stock, valued at approximately $2,429,197.65. This represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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 value of $40,000.00.

Bright Horizons Family Solutions Stock Down 1.2%

Shares of NYSE:BFAM traded down $0.93 during midday trading on Tuesday, reaching $75.34. The company had a trading volume of 748,701 shares, compared to its average volume of 1,041,290. Bright Horizons Family Solutions Inc. has a 1-year low of $57.63 and a 1-year high of $124.25. The stock has a market cap of $3.96 billion, a PE ratio of 23.84, a P/E/G ratio of 1.28 and a beta of 1.14. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. The business's 50 day moving average price is $69.85 and its 200 day moving average price is $76.36.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.20 by $0.08. The firm had revenue of $779.18 million during the quarter, compared to analysts' expectations of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The business's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Research analysts forecast that Bright Horizons Family Solutions Inc. will post 4.64 EPS for the current fiscal year.

Institutional Trading of Bright Horizons Family Solutions

A number of hedge funds have recently made changes to their positions in BFAM. AG Campbell Advisory LLC acquired a new position in shares of Bright Horizons Family Solutions during the 4th quarter worth approximately $41,000. Signaturefd LLC lifted its holdings in Bright Horizons Family Solutions by 34.4% during the 4th quarter. Signaturefd LLC now owns 426 shares of the company's stock valued at $43,000 after purchasing an additional 109 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Bright Horizons Family Solutions by 98.8% during the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company's stock worth $43,000 after purchasing an additional 167 shares during the period. Danske Bank A S bought a new position in Bright Horizons Family Solutions during the third quarter worth $43,000. Finally, State of Wyoming acquired a new position in shares of Bright Horizons Family Solutions in the first quarter valued at $60,000.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BFAM. JPMorgan Chase & Co. cut their price objective on Bright Horizons Family Solutions from $115.00 to $105.00 and set an "overweight" rating for the company in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. UBS Group increased their price target on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a "neutral" rating in a research note on Friday. Finally, Morgan Stanley cut their price target on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an "underweight" rating for the company in a research note on Friday. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Bright Horizons Family Solutions presently has a consensus rating of "Hold" and an average price target of $95.88.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.