Insider Buying: Sheila Lirio Marcelo Purchases 2,940 Shares of Care.com Stock (CRCM)
Care.com (NASDAQ:CRCM) CEO Sheila Lirio Marcelo bought 2,940 shares of the company’s stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average price of $8.47 per share, for a total transaction of $24,901.80. Following the completion of the purchase, the chief executive officer now directly owns 709,658 shares in the company, valued at approximately $6,010,803. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Care.com (NASDAQ:CRCM) traded down 1.51% on Friday, hitting $8.46. 85,579 shares of the company’s stock traded hands. Care.com has a 52 week low of $8.35 and a 52 week high of $29.25. The stock has a 50-day moving average of $10.3 and a 200-day moving average of $14.. The company’s market cap is $265.3 million.
Care.com (NASDAQ:CRCM) last released its earnings data on Thursday, July 31st. The company reported ($0.27) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.33) by $0.06. The company had revenue of $25.80 million for the quarter, compared to the consensus estimate of $26.00 million. Care.com’s revenue was up 35.1% compared to the same quarter last year. Analysts expect that Care.com will post $-1.38 EPS for the current fiscal year.
Separately, analysts at Stifel Nicolaus initiated coverage on shares of Care.com in a research note on Wednesday. They set a “hold” rating on the stock.
Care.com, Inc is an online marketplace for finding and managing family care. The Company helps families address their particular lifecycle of care needs, which includes child care, senior care, special needs care and other non-medical family care needs, such as pet care, tutoring and housekeeping.
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