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Taking a Closer Look At Bright Horizons Family Solutions, Inc (BFAM) Following Its Recent Trade

In a filing, Bright Horizons Family Solutions, Inc revealed its COO North America Center Ops Burke Mary Lou unloaded Company’s shares for reported $0.1 million on Nov 05 ’24. In the deal valued at $128.84 per share,800 shares were sold. As a result of this transaction, Burke Mary Lou now holds 30,225 shares worth roughly $3.46 million.

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Then, MARY LOU BURKE bought 800 shares, generating $103,072 in total proceeds.

Before that, Burke Mary Lou sold 800 shares. Bright Horizons Family Solutions, Inc shares valued at $109,552 were divested by the COO North America Center Ops at a price of $136.94 per share. As a result of the transaction, Burke Mary Lou now holds 31,025 shares, worth roughly $3.56 million.

Robert W. Baird upgraded its Bright Horizons Family Solutions, Inc [BFAM] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who increased its forecast for the stock in mid November from “a Market perform” to “an Outperform”. Barclays also remained covering BFAM and has increased its forecast on February 28, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. UBS revised its rating on October 23, 2023. It rated BFAM as “a Neutral” which previously was an “a Sell”.

Price Performance Review of BFAM

On Monday, Bright Horizons Family Solutions, Inc [NYSE:BFAM] saw its stock jump 1.35% to $114.61. Over the last five days, the stock has gained 6.12%. Bright Horizons Family Solutions, Inc shares have risen nearly 21.62% since the year began. Nevertheless, the stocks have risen 27.80% over the past one year. While a 52-week high of $141.90 was reached on 09/05/24, a 52-week low of $86.79 was recorded on 01/03/24. SMA at 50 days reached $128.02, while 200 days put it at $118.98.

Levels Of Support And Resistance For BFAM Stock

The 24-hour chart illustrates a support level at 113.62, which if violated will result in even more drops to 112.62. On the upside, there is a resistance level at 115.39. A further resistance level may holdings at 116.16. The Relative Strength Index (RSI) on the 14-day chart is 42.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.61%. Stochastics %K at 39.97% 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 2024-10-31, growing by 0.13 million shares to a total of 0.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.41 million shares. There was a rise of 24.19%, which implies that there is a positive sentiment for the stock.

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