Assenagon Asset Management S.A. Has $7.71 Million Position in Bright Horizons Family Solutions Inc. $BFAM

Key Points

• Assenagon Asset Management cut its Bright Horizons position by 58.8% in the second quarter, selling 154,984 shares and retaining 108,772 shares worth approximately $7.71 million.
• Bright Horizons reported quarterly EPS of $1.28, beating estimates by $0.08, while revenue rose 6.4% year over year to $779.18 million. The company issued fiscal 2026 EPS guidance of $5.05–$5.15.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $95.88, compared with the stock’s reported price of $71.61.

Assenagon Asset Management S.A. lessened its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 58.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,772 shares of the company's stock after selling 154,984 shares during the period. Assenagon Asset Management S.A. owned about 0.21% of Bright Horizons Family Solutions worth $7,710,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in Bright Horizons Family Solutions by 555.0% during the second quarter. GAMMA Investing LLC now owns 2,181 shares of the company's stock worth $155,000 after purchasing an additional 1,848 shares during the period. Empowered Funds LLC acquired a new stake in shares of Bright Horizons Family Solutions in the first quarter valued at approximately $232,000. Glenmede Trust Co. NA lifted its position in shares of Bright Horizons Family Solutions by 41.4% in the first quarter. Glenmede Trust Co. NA now owns 8,794 shares of the company's stock valued at $722,000 after buying an additional 2,575 shares during the last quarter. Essential Partners LLC boosted its stake 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 during the period. Finally, Edgestream Partners L.P. bought a new position in shares of Bright Horizons Family Solutions during the 1st quarter worth approximately $1,234,000.

Bright Horizons Family Solutions Stock Performance

NYSE:BFAM opened at $71.61 on Wednesday. The stock has a 50 day simple moving average of $71.13 and a 200 day simple moving average of $75.44. The stock has a market cap of $3.48 billion, a P/E ratio of 22.66, a PEG ratio of 1.12 and a beta of 1.14. Bright Horizons Family Solutions Inc. has a 1-year low of $57.63 and a 1-year high of $124.25. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 1.14.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last issued 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. The firm had revenue of $779.18 million for the quarter, compared to analyst estimates of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.07 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Research analysts anticipate that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current year.

Analyst Ratings Changes

BFAM has been the topic of a number of research analyst reports. JPMorgan Chase & Co. dropped their price target on Bright Horizons Family Solutions from $115.00 to $105.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 6th. UBS Group lifted their price objective on shares of 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. Weiss Ratings reiterated a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. Finally, Morgan Stanley dropped their price objective on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an "underweight" rating on the stock 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Bright Horizons Family Solutions currently has a consensus rating of "Hold" and an average price target of $95.88.

Insider Activity

In related news, COO Mary Lou Burke sold 1,200 shares of the company's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $75.57, for a total value of $90,684.00. Following the transaction, the chief operating officer directly owned 32,145 shares in the company, 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 SEC, which is accessible through this link. Insiders own 1.42% of the company's stock.

Bright Horizons Family Solutions Profile

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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