Bright Horizons CFO Elizabeth Boland sells $650,831 in stock

Published 07/03/2025, 22:40
Bright Horizons CFO Elizabeth Boland sells $650,831 in stock

Elizabeth Boland, the Chief Financial Officer of Bright Horizons Family Solutions Inc. (NYSE:BFAM), recently sold 5,000 shares of the company’s common stock. The shares were sold on March 5, 2025, at an average price of $130.1663, resulting in a total transaction value of approximately $650,831. The sale price was near the stock’s 52-week high of $141.90, with the company currently trading at a P/E ratio of 53x. Following this sale, Boland holds 79,438 shares directly.

In addition to the sale, Boland acquired 4,224 shares through a grant of restricted stock units (RSUs) that will fully vest on the third anniversary of the grant date. She also acquired options to purchase 4,671 shares, which will vest in three installments, beginning in March 2026. These transactions reflect Boland’s ongoing involvement with the company while adjusting her stock holdings. According to InvestingPro, Bright Horizons maintains good financial health with an Altman Z-Score of 3.98, while five analysts have recently revised their earnings estimates upward for the upcoming period.

In other recent news, Bright Horizons Family Solutions Inc. reported fourth-quarter 2024 earnings that exceeded expectations, with adjusted earnings per share (EPS) of $0.98 and revenue of $674 million, both surpassing analyst forecasts. The company’s strong performance was largely driven by its Back-Up Care Advantage program, which continues to be a significant growth engine. Bright Horizons has also released an optimistic financial outlook for 2025, projecting revenue between $2.85 billion and $2.90 billion, representing a 6-8% increase. Analyst firms such as BMO Capital Markets, Jefferies, and Baird have responded positively to these developments, raising their price targets for the company to $146, $148, and $145, respectively, while maintaining strong ratings. The company’s strategic initiatives, including enhancing its Full-Service Center operations and aiming for a break-even point in the UK market, are expected to contribute to its future growth. Furthermore, Bright Horizons plans to continue expanding its childcare services and improving occupancy rates, which are anticipated to rise from the low-60s to the mid-60s. These recent developments highlight the company’s ongoing efforts to optimize its operational strategy and financial performance.

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