Sheila Lirio Marcelo Sells 30,000 Shares of Care.com Inc (CRCM) Stock

Care.com Inc (NYSE:CRCM) insider Sheila Lirio Marcelo sold 30,000 shares of the stock in a transaction dated Thursday, January 10th. The stock was sold at an average price of $21.22, for a total transaction of $636,600.00. Following the completion of the transaction, the insider now directly owns 1,105,646 shares of the company’s stock, valued at approximately $23,461,808.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Sheila Lirio Marcelo also recently made the following trade(s):

  • On Thursday, December 27th, Sheila Lirio Marcelo sold 30,000 shares of Care.com stock. The stock was sold at an average price of $18.99, for a total transaction of $569,700.00.
  • On Tuesday, December 11th, Sheila Lirio Marcelo sold 17,215 shares of Care.com stock. The stock was sold at an average price of $16.85, for a total transaction of $290,072.75.
  • On Thursday, November 8th, Sheila Lirio Marcelo sold 24,268 shares of Care.com stock. The stock was sold at an average price of $19.00, for a total transaction of $461,092.00.

NYSE CRCM opened at $21.63 on Friday. The company has a market cap of $680.77 million, a PE ratio of 80.11, a PEG ratio of 4.92 and a beta of 0.91. Care.com Inc has a 1-year low of $15.14 and a 1-year high of $22.95.

Care.com (NYSE:CRCM) last posted its quarterly earnings data on Thursday, November 8th. The information services provider reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.19. The company had revenue of $49.20 million during the quarter, compared to analyst estimates of $49.22 million. Care.com had a net margin of 6.58% and a return on equity of 13.15%. The company’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business posted $0.18 earnings per share. Equities research analysts forecast that Care.com Inc will post 0.26 EPS for the current year.

CRCM has been the subject of several recent research reports. ValuEngine lowered shares of Care.com from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 11th. Zacks Investment Research raised shares of Care.com from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Monday, January 7th. Finally, BTIG Research initiated coverage on shares of Care.com in a report on Tuesday, November 13th. They set a “buy” rating and a $23.00 price objective for the company. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $22.50.

Hedge funds and other institutional investors have recently bought and sold shares of the company. FMR LLC increased its holdings in shares of Care.com by 1,817.3% during the second quarter. FMR LLC now owns 377,700 shares of the information services provider’s stock worth $7,886,000 after buying an additional 358,000 shares in the last quarter. Granahan Investment Management Inc. MA increased its holdings in shares of Care.com by 9.3% during the second quarter. Granahan Investment Management Inc. MA now owns 429,349 shares of the information services provider’s stock worth $8,965,000 after buying an additional 36,612 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Care.com by 48.0% in the second quarter. BlackRock Inc. now owns 1,834,682 shares of the information services provider’s stock valued at $38,308,000 after purchasing an additional 595,444 shares in the last quarter. Eagle Asset Management Inc. increased its holdings in shares of Care.com by 1.0% in the third quarter. Eagle Asset Management Inc. now owns 322,536 shares of the information services provider’s stock valued at $7,131,000 after purchasing an additional 3,261 shares in the last quarter. Finally, Capital Research Global Investors acquired a new stake in shares of Care.com in the third quarter valued at approximately $46,057,000. 78.09% of the stock is owned by institutional investors.

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Care.com Company Profile

Care.com, Inc operates an online marketplace for finding and managing family care in the United States and internationally. The company helps families to address their lifecycle of care needs, including child care, senior care, and special needs care, as well as other non-medical family care needs, such as pet care, tutoring, and housekeeping; and enables caregivers to find full-time and part-time employment opportunities.

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

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