BrightSpring Health Services, Inc.
At today's price, BrightSpring Health Services, Inc. (BTSG) is priced for today's economics sustained for ~10.9 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
At about $66, BrightSpring trades near 47 times company-wide operating income, a multiple that only makes sense if the company sustains high growth for roughly a decade. History says only about one in seven comparable fast-growers held that pace for ten years, so the price is a durability bet, not a value entry. The business runs on volume at thin margins. Revenue is about $13.6 billion with an operating margin near 3%, so the headline operating multiple looks extreme even though the company is
Is BTSG overvalued? See what's priced in →
325 institutional managers reported holding BTSG in 13F filings for the quarter ended 2026-03-31. Together they hold about 94% of the company; the top 10 hold 64%. 81 opened new positions that quarter. Held by KKR, FMR (Fidelity), BlackRock, among others. On the short side, 9.4M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (2.2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
Open-market insider buys at BTSG over the trailing three years: 2024: 10 buys totaling $259.55M. 11 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
BTSG's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2024-08-03 | -8.7% | +32.4% |
| 2024-11-02 | +15.1% | +2.3% |
| 2025-03-07 | -4.8% | +30.7% |
| 2025-05-03 | +16.5% | +6.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
BTSG's latest 8-K filings: 2026-06-12 (items 5.02, 7.01, 9.01); 2026-06-05 (items 1.01, 9.01); 2026-05-21 (items 5.07); 2026-05-01 (items 2.02, 9.01); 2026-03-31 (items 2.01, 5.02, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.