Care.com, Inc. (CRCM) Insider Sells $689,200.00 in Stock

Care.com, Inc. (NYSE:CRCM) insider David Krupinski sold 40,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $17.23, for a total value of $689,200.00. Following the completion of the sale, the insider now directly owns 180,678 shares of the company’s stock, valued at $3,113,081.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

David Krupinski also recently made the following trade(s):

  • On Wednesday, November 1st, David Krupinski sold 10,000 shares of Care.com stock. The shares were sold at an average price of $14.92, for a total value of $149,200.00.
  • On Monday, October 9th, David Krupinski sold 20,000 shares of Care.com stock. The shares were sold at an average price of $16.24, for a total value of $324,800.00.
  • On Tuesday, September 12th, David Krupinski sold 3,326 shares of Care.com stock. The shares were sold at an average price of $14.56, for a total value of $48,426.56.

Shares of Care.com, Inc. (NYSE CRCM) opened at $17.74 on Tuesday. Care.com, Inc. has a fifty-two week low of $8.01 and a fifty-two week high of $20.88. The firm has a market capitalization of $543.91, a price-to-earnings ratio of 48.87, a P/E/G ratio of 3.93 and a beta of 0.92.

Care.com (NYSE:CRCM) last issued its quarterly earnings results on Thursday, November 2nd. The information services provider reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.10. Care.com had a return on equity of 17.27% and a net margin of 4.46%. The firm had revenue of $44.50 million during the quarter, compared to the consensus estimate of $44.22 million. During the same period last year, the company earned $0.02 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. research analysts predict that Care.com, Inc. will post 0.31 EPS for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in the business. American International Group Inc. lifted its holdings in Care.com by 6.3% in the first quarter. American International Group Inc. now owns 9,782 shares of the information services provider’s stock valued at $122,000 after acquiring an additional 583 shares during the period. Wells Fargo & Company MN lifted its holdings in Care.com by 13.8% in the second quarter. Wells Fargo & Company MN now owns 11,711 shares of the information services provider’s stock valued at $176,000 after acquiring an additional 1,420 shares during the period. Teachers Advisors LLC lifted its holdings in Care.com by 2.3% in the second quarter. Teachers Advisors LLC now owns 87,415 shares of the information services provider’s stock valued at $1,320,000 after acquiring an additional 1,929 shares during the period. Bank of New York Mellon Corp lifted its holdings in Care.com by 3.4% in the second quarter. Bank of New York Mellon Corp now owns 75,513 shares of the information services provider’s stock valued at $1,140,000 after acquiring an additional 2,491 shares during the period. Finally, UBS Group AG lifted its holdings in Care.com by 9.0% in the first quarter. UBS Group AG now owns 37,460 shares of the information services provider’s stock valued at $469,000 after acquiring an additional 3,080 shares during the period. 74.18% of the stock is owned by institutional investors.

CRCM has been the subject of several research analyst reports. Zacks Investment Research raised Care.com from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Wednesday, July 19th. Stifel Nicolaus increased 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 raised Care.com from a “neutral” rating to a “buy” rating and increased their price target for the stock from $14.00 to $18.00 in a report on Thursday, November 2nd. Finally, BidaskClub raised Care.com from a “sell” rating to a “hold” rating in a report on Thursday, August 10th.

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)

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