KD Logo

Examining the Potential Price Growth of Bright Horizons Family Solutions, Inc. (BFAM)

Bright Horizons Family Solutions, Inc.’s recent filing unveils that its COO North America Center Ops Burke Mary Lou unloaded Company’s shares for reported $0.11 million on Oct 07 ’24. In the deal valued at $136.94 per share,800 shares were sold. As a result of this transaction, Burke Mary Lou now holds 31,025 shares worth roughly $4.12 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Burke Mary Lou sold 800 shares, generating $112,520 in total proceeds. Upon selling the shares at $140.65, the COO North America Center Ops now owns 31,825 shares.

Before that, MARY LOU BURKE bought 800 shares. Bright Horizons Family Solutions, Inc. shares valued at $112,520 were divested by the Officer at a price of $140.65 per share.

Barclays upgraded its Bright Horizons Family Solutions, Inc. [BFAM] rating to an Overweight from a an Equal weight in a research note published on February 28, 2024; the price target was increased to $125 from $100. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in late October from “a Sell” to “a Neutral”. BMO Capital Markets also remained covering BFAM and has decreased its forecast on July 17, 2023 with a “Market perform” recommendation from previously “an Outperform” rating. UBS started covering the stock on June 01, 2023. It rated BFAM as “a Sell”.

Price Performance Review of BFAM

On Tuesday, Bright Horizons Family Solutions, Inc. [NYSE:BFAM] saw its stock fall -0.60% to $132.90. Over the last five days, the stock has lost -2.72%. Bright Horizons Family Solutions, Inc. shares have risen nearly 41.02% since the year began. Nevertheless, the stocks have risen 64.01% over the past one year. While a 52-week high of $141.90 was reached on 09/05/24, a 52-week low of $71.65 was recorded on 01/03/24. SMA at 50 days reached $136.95, while 200 days put it at $115.54.

Levels Of Support And Resistance For BFAM Stock

The 24-hour chart illustrates a support level at 131.34, which if violated will result in even more drops to 129.77. On the upside, there is a resistance level at 135.60. A further resistance level may holdings at 138.30. The Relative Strength Index (RSI) on the 14-day chart is 38.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.15%. Stochastics %K at 24.57% indicates the stock is a holding.

How much short interest is there in Bright Horizons Family Solutions, Inc.?

A steep rise in short interest was recorded in Bright Horizons Family Solutions, Inc. stocks on 2024-09-30, growing by 8276.0 shares to a total of 0.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 0.4 million shares. There was a rise of 2.04%, which implies that there is a positive sentiment for the stock.

Most Popular