Care.com Inc (NYSE:CRCM) General Counsel Diane Musi sold 5,055 shares of the business’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $19.95, for a total value of $100,847.25. Following the completion of the sale, the general counsel now directly owns 35,603 shares in the company, valued at approximately $710,279.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Diane Musi also recently made the following trade(s):
- On Wednesday, December 26th, Diane Musi sold 29,800 shares of Care.com stock. The stock was sold at an average price of $18.40, for a total value of $548,320.00.
- On Monday, December 24th, Diane Musi sold 100 shares of Care.com stock. The stock was sold at an average price of $18.25, for a total value of $1,825.00.
Shares of NYSE CRCM opened at $19.16 on Friday. The firm has a market capitalization of $616.82 million, a P/E ratio of 53.22, a P/E/G ratio of 6.32 and a beta of 1.34. Care.com Inc has a 52-week low of $15.14 and a 52-week high of $25.81.
Care.com (NYSE:CRCM) last issued its earnings results on Thursday, March 7th. The information services provider reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.16. The business had revenue of $49.80 million for the quarter, compared to analysts’ expectations of $49.95 million. Care.com had a return on equity of 11.86% and a net margin of 27.51%. The company’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.32 EPS. Analysts anticipate that Care.com Inc will post 0.2 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Capital Research Global Investors purchased a new position in shares of Care.com during the third quarter valued at $46,057,000. BlackRock Inc. grew its holdings in shares of Care.com by 1.3% during the fourth quarter. BlackRock Inc. now owns 2,049,008 shares of the information services provider’s stock valued at $39,567,000 after buying an additional 26,704 shares in the last quarter. Portolan Capital Management LLC grew its holdings in shares of Care.com by 5.5% during the fourth quarter. Portolan Capital Management LLC now owns 1,903,264 shares of the information services provider’s stock valued at $36,752,000 after buying an additional 99,331 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Care.com by 10.0% during the third quarter. Vanguard Group Inc. now owns 1,485,984 shares of the information services provider’s stock valued at $32,855,000 after buying an additional 135,103 shares in the last quarter. Finally, Vanguard Group Inc grew its holdings in shares of Care.com by 10.0% during the third quarter. Vanguard Group Inc now owns 1,485,984 shares of the information services provider’s stock valued at $32,855,000 after buying an additional 135,103 shares in the last quarter. Institutional investors and hedge funds own 83.73% of the company’s stock.
A number of analysts have recently commented on the company. ValuEngine downgraded Care.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 12th. Roth Capital boosted their price objective on Care.com from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, February 14th. Zacks Investment Research downgraded Care.com from a “buy” rating to a “hold” rating in a research note on Friday, March 8th. Finally, BTIG Research lifted their target price on Care.com to $26.00 and gave the stock a “buy” rating in a report on Friday, January 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Care.com currently has an average rating of “Buy” and an average target price of $24.60.
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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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