Curated Wealth Partners LLC Sells 22,196 Shares of Bright Horizons Family Solutions Inc. $BFAM

Key Points

• Curated Wealth Partners cut its Bright Horizons position by 87.6% in the third quarter, selling 22,196 shares and retaining 3,152 shares valued at approximately $201,000.
• Analyst sentiment is mixed, with four Buy, three Hold and two Sell ratings. The stock carries an overall “Hold” consensus and an average price target of $92, despite several firms recently lowering their targets.
• Bright Horizons reported quarterly EPS of $1.28, beating estimates of $1.20, while revenue rose 6.4% year over year to $779.18 million. BFAM shares opened at $71.12, well below their 52-week high of $109.86.

Curated Wealth Partners LLC decreased its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 87.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,152 shares of the company's stock after selling 22,196 shares during the quarter. Curated Wealth Partners LLC's holdings in Bright Horizons Family Solutions were worth $201,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BFAM. BlackRock Inc. acquired a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter valued at approximately $452,317,000. Bamco Inc. NY bought a new position in Bright Horizons Family Solutions during the second quarter worth $74,789,000. William Blair Investment Management LLC bought a new position in Bright Horizons Family Solutions during the second quarter worth $58,093,000. Jupiter Topco LLC acquired a new position in Bright Horizons Family Solutions in the second quarter worth $49,561,000. Finally, Giverny Capital Inc. boosted its holdings in Bright Horizons Family Solutions by 45.6% in the second quarter. Giverny Capital Inc. now owns 1,080,793 shares of the company's stock worth $76,607,000 after purchasing an additional 338,464 shares during the period.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BFAM. Morgan Stanley lowered their target price on shares of Bright Horizons Family Solutions from $66.00 to $64.00 and set an "underweight" rating for the company in a research note on Tuesday, October 13th. BMO Capital Markets dropped their target price on shares of Bright Horizons Family Solutions from $93.00 to $83.00 and set an "outperform" rating on the stock in a report on Monday, October 5th. Weiss Ratings reissued a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. Finally, UBS Group reduced their price target on shares of Bright Horizons Family Solutions from $88.00 to $78.00 and set a "neutral" rating on the stock in a research report on Wednesday. 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 company's stock. Based on data from MarketBeat.com, Bright Horizons Family Solutions presently has an average rating of "Hold" and an average price target of $92.00.

Bright Horizons Family Solutions Stock Performance

Shares of BFAM stock opened at $71.12 on Monday. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. The business has a 50 day moving average of $69.09 and a two-hundred day moving average of $71.76. Bright Horizons Family Solutions Inc. has a 52 week low of $57.63 and a 52 week high of $109.86. The company has a market cap of $3.46 billion, a P/E ratio of 22.51, a PEG ratio of 1.09 and a beta of 1.18.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last posted its 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 company had revenue of $779.18 million during 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 business's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, analysts anticipate that Bright Horizons Family Solutions Inc. will post 4.70 EPS for the current year.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, COO Mary Burke sold 1,200 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $75.00, for a total value of $90,000.00. Following the sale, the chief operating officer directly owned 30,945 shares of the company's stock, valued at $2,320,875. This trade represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Mary Tocio sold 6,000 shares of the firm's stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $72.65, for a total value of $435,900.00. Following the completion of 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 SEC filing for this sale provides additional information. Insiders have sold a total of 8,900 shares of company stock valued at $656,584 in the last 90 days. Insiders own 1.42% of the company's stock.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc NYSE: BFAM provides employer-sponsored child care and workforce-support services. Its offerings include full-service, center-based early education and preschool programs, back-up care for children and adults, and related family support services designed to help employees manage work and caregiving responsibilities.

The company also provides educational advisory services, including college admissions counseling, academic support and related guidance for families.

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