Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Bright Horizons Family Solutions, Inc shares valued at $103,072 were sold by Burke Mary Lou on Nov 05 ’24. At $128.84 per share, Burke Mary Lou sold 800 shares. The insider’s holdings dropped to 30,225 shares worth approximately $3.36 million following the completion of this transaction.
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
Also, MARY LOU BURKE purchased 800 shares, netting a total of over 103,072 in proceeds.
Before that, Burke Mary Lou had sold 800 shares from its account. In a trade valued at $109,552, the COO North America Center Ops traded Bright Horizons Family Solutions, Inc shares for $136.94 each. Upon closing the transaction, the insider’s holdings decreased to 800 shares, worth approximately $3.45 million.
As published in a research note from BMO Capital Markets on November 18, 2024, Bright Horizons Family Solutions, Inc [BFAM] has been rated up from a Market perform to an Outperform and the price target has been revised to $125 from $137. Analysts at Barclays upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in late February. As of October 23, 2023, UBS has increased its “Sell” rating to a “Neutral” for BFAM. Earlier on July 17, 2023, BMO Capital Markets downgraded its rating. Their new recommendation was “a Market perform” for BFAM stock which previously was a “an Outperform”.
Analyzing BFAM Stock Performance
During the last five days, there has been a surge of approximately 3.75%. Over the course of the year, Bright Horizons Family Solutions, Inc shares have jumped approximately 17.84%. Shares of the company reached a 52-week high of $141.90 on 09/05/24 and a 52-week low of $91.61 on 01/03/24. A 50-day SMA is recorded $129.08, while a 200-day SMA reached $118.84. Nevertheless, trading volume fell to 0.59 million shares from 0.49 million shares the previous day.
Support And Resistance Levels for Bright Horizons Family Solutions, Inc (BFAM)
According to the 24-hour chart, there is a support level at 109.10, which, if violated, would cause prices to drop to 107.15. In the upper region, resistance lies at 112.12. The next price resistance is at 113.19. RSI (Relative Strength Index) is 34.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.50, which suggests the price will decrease in the coming days. Percent R is at 77.21%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
