Squarepoint Ops LLC Invests $3.19 Million in Bright Horizons Family Solutions Inc. $BFAM

Key Points

• Squarepoint Ops LLC acquired 44,970 shares of Bright Horizons Family Solutions in the second quarter, valued at approximately $3.19 million and representing about 0.09% of the company.
• Institutional interest increased, with BlackRock investing roughly $452.3 million and California State Teachers Retirement System expanding its holdings by more than 4.5 million shares.
• Bright Horizons exceeded quarterly earnings and revenue estimates, reporting $1.28 in EPS and $779.2 million in revenue, while analyst sentiment remained mixed with a consensus “Hold” rating and an average target price of $95.88.

Squarepoint Ops LLC bought a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 44,970 shares of the company's stock, valued at approximately $3,187,000. Squarepoint Ops LLC owned about 0.09% of Bright Horizons Family Solutions at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter worth approximately $452,317,000. California State Teachers Retirement System boosted its holdings in shares of Bright Horizons Family Solutions by 6,781.7% in the 2nd quarter. California State Teachers Retirement System now owns 4,599,049 shares of the company's stock valued at $325,981,000 after buying an additional 4,532,219 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Bright Horizons Family Solutions in the 4th quarter valued at $191,952,000. Bamco Inc. NY purchased a new position in shares of Bright Horizons Family Solutions in the 2nd quarter valued at $74,789,000. Finally, William Blair Investment Management LLC acquired a new stake in Bright Horizons Family Solutions during the 2nd quarter worth $58,093,000.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BFAM. UBS Group upped their price objective 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, July 31st. Weiss Ratings reiterated a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, Morgan Stanley reduced their target price on Bright Horizons Family Solutions from $70.00 to $68.00 and set an "underweight" rating for the company in a report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Bright Horizons Family Solutions presently has an average rating of "Hold" and a consensus target price of $95.88.

Bright Horizons Family Solutions Stock Up 0.0%

BFAM stock opened at $65.13 on Monday. The company has a market cap of $3.17 billion, a price-to-earnings ratio of 20.61, a price-to-earnings-growth ratio of 0.99 and a beta of 1.15. The company has a fifty day moving average price of $73.58 and a 200 day moving average price of $73.55. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.48. Bright Horizons Family Solutions Inc. has a 12 month low of $57.63 and a 12 month high of $114.32.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.08. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. The company had revenue of $779.18 million for the quarter, compared to the consensus estimate of $774.84 million. During the same period last year, the firm posted $1.07 EPS. Bright Horizons Family Solutions's revenue for the quarter was up 6.4% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Sell-side analysts expect that Bright Horizons Family Solutions Inc. will post 4.7 earnings per share for the current year.

Insider Activity

In other Bright Horizons Family Solutions news, Director Mary Tocio sold 6,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $72.65, for a total value of $435,900.00. Following the transaction, the director directly owned 14,329 shares in the company, valued at approximately $1,041,001.85. This trade represents a 29.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Mary Burke sold 1,200 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $75.00, for a total value of $90,000.00. Following the completion of the transaction, the chief operating officer directly owned 30,945 shares in the company, valued at approximately $2,320,875. The trade was a 3.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,900 shares of company stock worth $656,584 in the last 90 days. 1.42% of the stock is currently owned by insiders.

Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides employer-sponsored child care and workforce-support services. The company operates early education and preschool centers, offering full-day care and educational programs for infants, toddlers, preschoolers and school-age children. It also provides back-up care services, including center-based and in-home care, to help employees manage disruptions in their regular care arrangements.

In addition to child care, Bright Horizons offers educational advisory services, college and university admissions counseling, and other family-support programs.

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