David Krupinski Sells 10,000 Shares of Care.com Inc (CRCM) Stock

Care.com Inc (NYSE:CRCM) insider David Krupinski sold 10,000 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $18.34, for a total transaction of $183,400.00. Following the completion of the sale, the insider now directly owns 182,914 shares of the company’s stock, valued at $3,354,642.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Tuesday, December 12th, David Krupinski sold 3,519 shares of Care.com stock. The stock was sold at an average price of $17.77, for a total transaction of $62,532.63.
  • On Friday, December 1st, David Krupinski sold 10,000 shares of Care.com stock. The stock was sold at an average price of $18.65, for a total transaction of $186,500.00.
  • On Wednesday, November 1st, David Krupinski sold 10,000 shares of Care.com stock. The stock was sold at an average price of $14.92, for a total transaction of $149,200.00.
  • 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.

Shares of Care.com Inc (NYSE CRCM) traded up $0.41 during trading hours on Wednesday, hitting $19.06. 435,650 shares of the company were exchanged, compared to its average volume of 394,850. Care.com Inc has a 12-month low of $8.05 and a 12-month high of $20.88. The company has a market capitalization of $573.39, a price-to-earnings ratio of 238.25, a price-to-earnings-growth ratio of 2.67 and a beta of 1.05.

Care.com (NYSE:CRCM) last issued its earnings results 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. Care.com had a net margin of 4.46% and a return on equity of 17.27%. The firm had revenue of $44.50 million during the quarter, compared to analyst estimates of $44.22 million. During the same quarter in the prior year, the business earned $0.02 earnings per share. Care.com’s revenue for the quarter was up 9.1% on a year-over-year basis. analysts anticipate that Care.com Inc will post 0.31 EPS for the current fiscal year.

Several large investors have recently modified their holdings of the stock. Granahan Investment Management Inc. MA boosted its position in shares of Care.com by 11.0% during the third quarter. Granahan Investment Management Inc. MA now owns 212,827 shares of the information services provider’s stock worth $3,382,000 after acquiring an additional 21,038 shares during the last quarter. Cornerstone Capital Management Holdings LLC. boosted its position in shares of Care.com by 88.9% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 111,124 shares of the information services provider’s stock worth $1,764,000 after acquiring an additional 52,300 shares during the last quarter. OxFORD Asset Management LLP boosted its position in shares of Care.com by 10.8% during the third quarter. OxFORD Asset Management LLP now owns 168,555 shares of the information services provider’s stock worth $2,655,000 after acquiring an additional 16,489 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Care.com by 64.6% during the third quarter. Wells Fargo & Company MN now owns 19,280 shares of the information services provider’s stock worth $306,000 after acquiring an additional 7,569 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Care.com during the third quarter worth $1,457,000. Hedge funds and other institutional investors own 74.29% of the company’s stock.

CRCM has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Care.com from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research note on Tuesday, October 24th. BidaskClub cut shares of Care.com from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Roth Capital raised shares of Care.com from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $14.00 to $18.00 in a research note on Thursday, November 2nd. Finally, TheStreet raised shares of Care.com from a “c” rating to a “b-” rating in a research note on Friday, November 17th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $17.67.

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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.

Insider Buying and Selling by Quarter for Care.com (NYSE:CRCM)

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