Significant Insider Sales in Shares of Bright Horizons Family Solutions (BFAM) Extends the Selling Trend of Last Quarter

Thursday, January 25, 2018 10:15 PM ET

Significant Insider Sales in Shares of Bright Horizons Family Solutions (BFAM) Extends the Selling Trend of Last Quarter

Two insiders — Roger H Brown, Director, and Linda A Mason, Director — disposed of 20,068 shares of Bright Horizons Family Solutions having a market value of approximately $1,972,684, today, as revealed in form 4 documents filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 10,517,959 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 10,538,027 shares and have averaged 1,756,338 shares per transaction over this time period.

The number of insider buy/sell trades at Bright Horizons Family Solutions is above that of the 1 peer company average over the last 90-day period. The Child Care & Family Services peer group saw 4 buy/sell trades during this period for an average of 4.0 transactions per company. However, the number of shares traded per transaction by Bright Horizons Family Solutions insiders is lower than its peers. Within the peer group there were 0 shares purchased and 10,517,959 shares sold with company insiders selling 2,629,490 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to evaluate and write this story.

Today’s Insider Activity
* Roger H Brown, Director, sold 10,034 shares
* Linda A Mason, Director, sold 10,034 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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