Care.com, Inc. (NYSE:CRCM) General Counsel Diane Musi sold 3,018 shares of the firm’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $14.56, for a total value of $43,942.08. Following the completion of the transaction, the general counsel now directly owns 33,006 shares of the company’s stock, valued at $480,567.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Diane Musi also recently made the following trade(s):
- On Tuesday, August 1st, Diane Musi sold 2,000 shares of Care.com stock. The stock was sold at an average price of $14.66, for a total value of $29,320.00.
- On Monday, July 3rd, Diane Musi sold 2,000 shares of Care.com stock. The stock was sold at an average price of $14.70, for a total value of $29,400.00.
Shares of Care.com, Inc. (NYSE:CRCM) opened at 14.78 on Wednesday. The company’s 50-day moving average price is $14.87 and its 200 day moving average price is $13.77. The company has a market cap of $439.99 million, a price-to-earnings ratio of 591.20 and a beta of 0.92. Care.com, Inc. has a 1-year low of $7.51 and a 1-year high of $16.50.
Care.com (NYSE:CRCM) last issued its quarterly earnings results on Thursday, August 10th. The information services provider reported $0.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.15. Care.com had a return on equity of 10.98% and a net margin of 3.66%. The business had revenue of $42.00 million during the quarter, compared to analyst estimates of $41.34 million. During the same quarter in the prior year, the business posted ($0.03) EPS. Care.com’s revenue for the quarter was up 9.9% compared to the same quarter last year. On average, analysts predict that Care.com, Inc. will post $0.41 earnings per share for the current fiscal year.
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Hedge funds have recently modified their holdings of the business. Teachers Advisors LLC increased its stake in Care.com by 69.2% in the 4th quarter. Teachers Advisors LLC now owns 49,715 shares of the information services provider’s stock worth $426,000 after buying an additional 20,339 shares in the last quarter. Koch Industries Inc. purchased a new stake in Care.com in the 1st quarter worth $175,000. HighTower Advisors LLC purchased a new stake in Care.com in the 1st quarter worth $137,000. Symmetry Peak Management LLC purchased a new stake in Care.com in the 1st quarter worth $250,000. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in Care.com in the 2nd quarter worth $154,000. Institutional investors and hedge funds own 74.55% of the company’s stock.
A number of equities analysts have recently commented on CRCM shares. Zacks Investment Research raised Care.com from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Wednesday, July 19th. Stifel Nicolaus raised their price target on Care.com from $12.00 to $14.00 and gave the stock a “buy” rating in a report on Friday, August 11th. Roth Capital set a $14.00 price target on Care.com and gave the stock a “hold” rating in a report on Thursday, August 10th. Finally, BidaskClub raised Care.com from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Care.com has an average rating of “Hold” and an average target price of $15.00.
Care.com Company Profile
Care.com, Inc is an online marketplace for finding and managing family care. As of December 31, 2016, the Company had 22.8 million members, including 12.9 million families and 9.9 million caregivers, spanning 19 countries. Its consumer matching solutions allow families to search for, qualify, vet, connect with and select caregivers.
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