Bright Horizons CEO Stephen Kramer sells $1.26m in stock

Published 23/05/2025, 21:30
Bright Horizons CEO Stephen Kramer sells $1.26m in stock

Stephen Kramer, CEO and President of Bright Horizons Family Solutions Inc. (NYSE:BFAM), recently sold a significant portion of his holdings in the company. On May 22, Kramer sold a total of 10,000 shares of common stock, generating approximately $1,264,326. The sales were executed at prices ranging from $125.51 to $127.31 per share. The stock has shown strong momentum this year, with a 14% year-to-date return and currently trades near $130, approaching its 52-week high of $141.90.

Following these transactions, Kramer retains ownership of 115,137 shares of Bright Horizons. The sales were conducted in multiple trades, and the reported prices reflect the weighted average prices of the shares sold. According to InvestingPro, the company maintains a perfect Piotroski Score of 9, indicating strong financial health, while 8 analysts have recently revised their earnings expectations upward.

Investors often keep a close eye on insider transactions like these to gauge potential future movements in the company’s stock price. For deeper insights into Bright Horizons’ valuation and financial health, InvestingPro offers comprehensive analysis through its detailed Pro Research Report, one of 1,400+ available for top US stocks.

In other recent news, Bright Horizons Family Solutions reported impressive financial results for the first quarter of 2025, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $0.77, exceeding the forecast of $0.64, and reported revenue of $666 million, slightly above the anticipated $665.42 million. This performance reflects a year-over-year revenue increase of 7%, driven by strong growth in the Full Service Child Care and Backup Care segments. The company also raised its revenue growth guidance for the year to a range of 6.5% to 8.5%.

Bright Horizons plans to maintain its adjusted EPS guidance of $3.95 to $4.15 and expects second-quarter revenue to be between $720 million and $730 million. The company aims to open and close 25 centers each, resulting in a neutral net change. Despite macroeconomic uncertainties affecting enrollment rates, Bright Horizons remains confident in its ability to navigate these challenges. Analysts from firms like JPMorgan and Goldman Sachs have noted the company’s strong performance and strategic focus on enhancing client and user experiences.

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