Care.com, Inc. (NYSE:CRCM) has been given a $14.00 price objective by Roth Capital in a research note issued on Thursday. The brokerage presently has a “hold” rating on the information services provider’s stock. Roth Capital’s price objective indicates a potential downside of 1.55% from the stock’s current price.

A number of other research analysts have also recently commented on CRCM. Zacks Investment Research cut Care.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub cut Care.com from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th.

Care.com (CRCM) traded down 2.54% during midday trading on Thursday, reaching $14.22. The company’s stock had a trading volume of 104,847 shares. The company’s 50-day moving average is $14.93 and its 200 day moving average is $12.64. Care.com has a 12-month low of $7.51 and a 12-month high of $16.07. The firm’s market cap is $418.12 million.

Care.com (NYSE:CRCM) last released its earnings results on Wednesday, May 3rd. The information services provider reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.05. The firm had revenue of $43.37 million for the quarter, compared to analysts’ expectations of $42.50 million. Care.com had a return on equity of 3.79% and a net margin of 0.67%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 earnings per share. Equities analysts forecast that Care.com will post $0.37 earnings per share for the current year.

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In related news, insider David Krupinski sold 3,825 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $14.66, for a total value of $56,074.50. Following the completion of the sale, the insider now owns 175,934 shares in the company, valued at $2,579,192.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Diane Musi sold 9,990 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $15.48, for a total value of $154,645.20. Following the completion of the sale, the general counsel now owns 34,450 shares of the company’s stock, valued at approximately $533,286. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 44,095 shares of company stock worth $651,424. Insiders own 24.70% of the company’s stock.

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 worth $122,000 after buying an additional 583 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Care.com during the first quarter worth about $137,000. HighTower Advisors LLC purchased a new stake in shares of Care.com during the first quarter worth 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 worth $152,000 after buying an additional 8,712 shares during the last quarter. Finally, Wedge Capital Management L L P NC purchased a new stake in shares of Care.com during the second quarter worth about $152,000. Hedge funds and other institutional investors own 72.44% of the company’s stock.

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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