BrightSpring Health Services (BTSG) is down 6.6% today. Here is some analysis on what might have caused this price movement.
Analysis: There does not appear to be a fresh negative filing or company announcement tied directly to today’s drop, so the move looks more like a risk-off pullback after a strong run in the shares. This could be because investors used management’s September 10 conference appearance to lock in gains, especially with the stock having traded well above the level of its June secondary sale and after a sharp rally through late summer.
Details:
Sources:
SEC, BrightSpring Health Services Investor Relations, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$BTSG Insider Trading Activity
$BTSG insiders have traded $BTSG stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $BTSG stock by insiders over the last 6 months:
- GROUP PARTNERSHIP L.P. KKR sold 14,669,771 shares for an estimated $857,492,124
- PHOENIX AGGREGATOR L.P. KKR sold 14,669,771 shares for an estimated $857,492,124
- JON B ROUSSEAU (See Remarks) has made 0 purchases and 2 sales selling 260,000 shares for an estimated $15,275,000.
- LISA A NALLEY (See Remarks) sold 35,000 shares for an estimated $2,056,250
- JENNIFER A PHIPPS (Chief Financial Officer) sold 35,000 shares for an estimated $2,056,250
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BTSG Hedge Fund Activity
We have seen 299 institutional investors add shares of $BTSG stock to their portfolio, and 141 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KOHLBERG KRAVIS ROBERTS & CO. L.P. removed 14,994,379 shares (-35.9%) from their portfolio in Q2 2026, for an estimated $1,045,707,991
- FMR LLC removed 7,585,378 shares (-36.2%) from their portfolio in Q2 2026, for an estimated $529,004,261
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 4,968,554 shares (+462.9%) to their portfolio in Q2 2026, for an estimated $346,506,955
- BLACKROCK, INC. added 4,425,378 shares (+22.6%) to their portfolio in Q2 2026, for an estimated $308,625,861
- AMERICAN CENTURY COMPANIES INC added 3,291,039 shares (+inf%) to their portfolio in Q2 2026, for an estimated $229,517,059
- CITADEL ADVISORS LLC added 2,940,026 shares (+1987.9%) to their portfolio in Q1 2026, for an estimated $125,274,507
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,889,829 shares (+inf%) to their portfolio in Q2 2026, for an estimated $131,796,674
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$BTSG Price Targets
Multiple analysts have issued price targets for $BTSG recently. We have seen 11 analysts offer price targets for $BTSG in the last 6 months, with a median target of $71.0.
Here are some recent targets:
- A.J. Rice from UBS set a target price of $85.0 on 07/08/2026
- Kevin Fischbeck from B of A Securities set a target price of $77.0 on 07/02/2026
- David Larsen from BTIG set a target price of $90.0 on 06/22/2026
- Charles Rhyee from TD Cowen set a target price of $81.0 on 06/18/2026
- Scott Fidel from Goldman Sachs set a target price of $71.0 on 06/08/2026
- Erin Wright from Morgan Stanley set a target price of $71.0 on 06/02/2026
- Ann Hynes from Mizuho set a target price of $61.0 on 05/05/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
