Bright Horizons Family Solutions Inc. (NYSE:BFAM) CEO Stephen Howard Kramer Sells 4,000 Shares of Stock

Bright Horizons Family Solutions Inc. (NYSE:BFAM) CEO Stephen Howard Kramer sold 4,000 shares of the stock in a transaction that occurred on Tuesday, April 6th. The stock was sold at an average price of $178.97, for a total value of $715,880.00. Following the sale, the chief executive officer now owns 113,754 shares in the company, valued at $20,358,553.38. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Thursday, February 25th, Stephen Howard Kramer sold 1,900 shares of Bright Horizons Family Solutions stock. The stock was sold at an average price of $169.05, for a total value of $321,195.00.

BFAM stock opened at $158.99 on Thursday. Bright Horizons Family Solutions Inc. has a 1-year low of $97.23 and a 1-year high of $182.50. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.83. The business’s 50 day simple moving average is $167.80 and its 200 day simple moving average is $163.53. The firm has a market capitalization of $9.66 billion, a PE ratio of 129.26, a PEG ratio of 9.45 and a beta of 0.83.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Tuesday, February 16th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.79. The firm had revenue of $377.08 million during the quarter, compared to analysts’ expectations of $336.48 million. Bright Horizons Family Solutions had a net margin of 4.35% and a return on equity of 10.63%. As a group, sell-side analysts predict that Bright Horizons Family Solutions Inc. will post 0.56 EPS for the current fiscal year.

A number of analysts have recently weighed in on the company. Jefferies Financial Group raised their target price on Bright Horizons Family Solutions from $210.00 to $215.00 in a research note on Thursday, March 18th. Morgan Stanley downgraded shares of Bright Horizons Family Solutions from an “equal weight” rating to an “underweight” rating and set a $150.00 target price for the company. in a research note on Wednesday. Zacks Investment Research cut shares of Bright Horizons Family Solutions from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 23rd. BMO Capital Markets upped their price objective on Bright Horizons Family Solutions from $150.00 to $168.00 and gave the stock a “market perform” rating in a report on Thursday, February 25th. Finally, Barclays increased their price objective on Bright Horizons Family Solutions from $145.00 to $190.00 and gave the company an “overweight” rating in a research report on Thursday, February 25th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $159.25.

A number of hedge funds and other institutional investors have recently modified their holdings of BFAM. Perigon Wealth Management LLC acquired a new position in Bright Horizons Family Solutions in the 4th quarter valued at approximately $25,000. First Bank & Trust increased its holdings in Bright Horizons Family Solutions by 179.7% in the fourth quarter. First Bank & Trust now owns 193 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares during the period. Graves Light Private Wealth Management Inc. acquired a new stake in shares of Bright Horizons Family Solutions in the fourth quarter valued at about $68,000. Daiwa Securities Group Inc. acquired a new position in shares of Bright Horizons Family Solutions in the 4th quarter worth approximately $95,000. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Bright Horizons Family Solutions by 17.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 820 shares of the company’s stock valued at $142,000 after purchasing an additional 120 shares during the last quarter.

Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides child care and early education services, back-up care services, educational advisory services, and other workplace solutions for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.

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

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