Care.com, Inc. (CRCM) General Counsel Diane Musi Sells 3,119 Shares
Care.com, Inc. (NYSE:CRCM) General Counsel Diane Musi sold 3,119 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $14.38, for a total value of $44,851.22. Following the completion of the transaction, the general counsel now owns 33,872 shares of the company’s stock, valued at $487,079.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Diane Musi also recently made the following trade(s):
- On Monday, June 5th, Diane Musi sold 9,990 shares of Care.com stock. The shares were sold at an average price of $15.48, for a total value of $154,645.20.
- On Monday, May 1st, Diane Musi sold 2,000 shares of Care.com stock. The shares were sold at an average price of $11.74, for a total value of $23,480.00.
- On Wednesday, May 3rd, Diane Musi sold 12,000 shares of Care.com stock. The shares were sold at an average price of $13.27, for a total value of $159,240.00.
- On Monday, April 3rd, Diane Musi sold 7,000 shares of Care.com stock. The shares were sold at an average price of $12.21, for a total value of $85,470.00.
Care.com, Inc. (NYSE:CRCM) traded up 0.69% during midday trading on Tuesday, reaching $14.68. The company’s stock had a trading volume of 196,546 shares. Care.com, Inc. has a 12 month low of $7.51 and a 12 month high of $16.07. The firm’s market capitalization is $431.65 million. The stock’s 50-day moving average price is $14.53 and its 200-day moving average price is $11.06.
Care.com (NYSE:CRCM) last announced its quarterly earnings data on Wednesday, May 3rd. The information services provider reported $0.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.05. Care.com had a return on equity of 3.79% and a net margin of 0.67%. The business had revenue of $43.37 million during the quarter, compared to analyst estimates of $42.50 million. During the same period last year, the company earned $0.01 earnings per share. Care.com’s quarterly revenue was up 10.4% compared to the same quarter last year. Analysts predict that Care.com, Inc. will post $0.37 EPS for the current year.
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Several hedge funds have recently made changes to their positions in CRCM. American International Group Inc. raised its stake in shares of 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 buying an additional 583 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of Care.com during the first quarter valued at about $137,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Care.com during the first quarter valued at about $137,000. Acrospire Investment Management LLC raised its stake in shares of Care.com by 250.9% in the first quarter. Acrospire Investment Management LLC now owns 12,184 shares of the information services provider’s stock valued at $152,000 after buying an additional 8,712 shares in the last quarter. Finally, Koch Industries Inc. purchased a new stake in shares of Care.com during the first quarter valued at about $175,000. Institutional investors and hedge funds own 72.00% of the company’s stock.
CRCM has been the subject of several analyst reports. Roth Capital set a $11.00 target price on Care.com and gave the company a “hold” rating in a research note on Saturday, March 11th. Zacks Investment Research upgraded Care.com from a “hold” rating to a “strong-buy” rating and set a $13.00 target price for the company in a research note on Wednesday, March 15th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Care.com has a consensus rating of “Buy” and a consensus target price of $12.38.
Care.com Company Profile
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.
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