Care.com, Inc. (CRCM) CTO Sells $149,200.00 in Stock
Care.com, Inc. (NYSE:CRCM) CTO David Krupinski sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $14.92, for a total transaction of $149,200.00. Following the completion of the transaction, the chief technology officer now directly owns 180,678 shares of the company’s stock, valued at approximately $2,695,715.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
David Krupinski also recently made the following trade(s):
- On Friday, November 3rd, David Krupinski sold 40,000 shares of Care.com stock. The stock was sold at an average price of $17.23, for a total transaction of $689,200.00.
- On Monday, October 9th, David Krupinski sold 20,000 shares of Care.com stock. The stock was sold at an average price of $16.24, for a total transaction of $324,800.00.
- On Tuesday, September 12th, David Krupinski sold 3,326 shares of Care.com stock. The stock was sold at an average price of $14.56, for a total transaction of $48,426.56.
Care.com, Inc. (NYSE:CRCM) traded up $4.65 during trading hours on Friday, hitting $19.63. 716,621 shares of the stock were exchanged, compared to its average volume of 192,827. The stock has a market cap of $512.92 million, a price-to-earnings ratio of 46.08, a price-to-earnings-growth ratio of 5.50 and a beta of 0.92.
Care.com (NYSE:CRCM) last released its quarterly earnings data on Thursday, November 2nd. The information services provider reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.10. The firm had revenue of $44.50 million for the quarter, compared to analyst estimates of $44.22 million. Care.com had a net margin of 4.46% and a return on equity of 17.72%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.02 earnings per share. analysts anticipate that Care.com, Inc. will post 0.21 EPS for the current year.
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A number of research firms have issued reports on CRCM. Zacks Investment Research cut shares of Care.com from a “buy” rating to a “hold” rating in a report on Thursday, October 19th. Roth Capital set a $14.00 price target on shares of Care.com and gave the stock a “hold” rating in a report on Thursday, August 10th. BidaskClub upgraded shares of Care.com from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. Finally, Stifel Nicolaus increased their price objective on shares of Care.com from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Friday, August 11th.
Several large investors have recently added to or reduced their stakes in CRCM. Thompson Davis & CO. Inc. acquired a new stake in shares of Care.com in the second quarter worth $102,000. American International Group Inc. increased 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 acquiring an additional 583 shares during the period. HighTower Advisors LLC acquired a new stake in shares of Care.com in the first quarter worth $137,000. D.A. Davidson & CO. acquired a new stake in shares of Care.com in the second quarter worth $139,000. Finally, Wedge Capital Management L L P NC acquired a new stake in shares of Care.com in the second quarter worth $152,000. Hedge funds and other institutional investors own 73.75% 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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