Care.com Inc (CRCM) General Counsel Diane Musi Sells 15,000 Shares

Care.com Inc (NYSE:CRCM) General Counsel Diane Musi sold 15,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $18.01, for a total value of $270,150.00. Following the completion of the sale, the general counsel now owns 48,388 shares of the company’s stock, valued at approximately $871,467.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Diane Musi also recently made the following trade(s):

  • On Wednesday, January 3rd, Diane Musi sold 15,000 shares of Care.com stock. The shares were sold at an average price of $18.86, for a total value of $282,900.00.
  • On Tuesday, December 12th, Diane Musi sold 3,192 shares of Care.com stock. The shares were sold at an average price of $17.77, for a total value of $56,721.84.
  • On Monday, December 4th, Diane Musi sold 15,000 shares of Care.com stock. The shares were sold at an average price of $18.29, for a total value of $274,350.00.
  • On Wednesday, November 8th, Diane Musi sold 15,000 shares of Care.com stock. The shares were sold at an average price of $18.55, for a total value of $278,250.00.

Shares of Care.com Inc (NYSE:CRCM) opened at $17.54 on Thursday. Care.com Inc has a 1-year low of $9.40 and a 1-year high of $20.88. The stock has a market capitalization of $534.28, a price-to-earnings ratio of 48.00, a P/E/G ratio of 2.63 and a beta of 1.01.

Several analysts recently issued reports on CRCM shares. Roth Capital upgraded Care.com from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $14.00 to $18.00 in a report on Thursday, November 2nd. Zacks Investment Research upgraded Care.com from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Wednesday, November 8th. BidaskClub lowered Care.com from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, TheStreet upgraded Care.com from a “c” rating to a “b-” rating in a report on Friday, November 17th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $17.67.

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in Care.com by 6.6% during the second quarter. Vanguard Group Inc. now owns 1,029,498 shares of the information services provider’s stock worth $15,545,000 after buying an additional 63,848 shares during the last quarter. Renaissance Technologies LLC increased its position in Care.com by 17.3% during the second quarter. Renaissance Technologies LLC now owns 1,014,600 shares of the information services provider’s stock worth $15,320,000 after buying an additional 149,300 shares during the last quarter. Acadian Asset Management LLC increased its position in Care.com by 36.6% during the fourth quarter. Acadian Asset Management LLC now owns 688,748 shares of the information services provider’s stock worth $12,426,000 after buying an additional 184,687 shares during the last quarter. Lord Abbett & CO. LLC acquired a new position in Care.com during the second quarter worth $10,313,000. Finally, Janus Henderson Group PLC acquired a new position in Care.com during the second quarter worth $7,371,000. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: This story was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another publication, it was stolen and republished in violation of United States and international trademark & copyright laws. The original version of this story can be accessed at https://sportsperspectives.com/2018/02/08/care-com-inc-crcm-general-counsel-diane-musi-sells-15000-shares.html.

About Care.com

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.

Insider Buying and Selling by Quarter for Care.com (NYSE:CRCM)

Receive News & Ratings for Care.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Care.com and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply