Care.com Inc (CRCM) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP grew its stake in Care.com Inc (NYSE:CRCM) by 31.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,563 shares of the information services provider’s stock after purchasing an additional 15,085 shares during the period. GSA Capital Partners LLP owned about 0.20% of Care.com worth $1,405,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Group One Trading L.P. raised its holdings in Care.com by 224.7% in the 3rd quarter. Group One Trading L.P. now owns 12,845 shares of the information services provider’s stock valued at $284,000 after buying an additional 23,145 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Care.com by 52.4% in the 1st quarter. Principal Financial Group Inc. now owns 22,367 shares of the information services provider’s stock valued at $364,000 after buying an additional 7,694 shares during the last quarter. Rhumbline Advisers raised its holdings in Care.com by 53.9% in the 2nd quarter. Rhumbline Advisers now owns 19,291 shares of the information services provider’s stock valued at $403,000 after buying an additional 6,758 shares during the last quarter. Engineers Gate Manager LP raised its holdings in Care.com by 182.2% in the 2nd quarter. Engineers Gate Manager LP now owns 30,459 shares of the information services provider’s stock valued at $636,000 after buying an additional 19,665 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in Care.com by 44.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 41,000 shares of the information services provider’s stock valued at $857,000 after buying an additional 12,700 shares during the last quarter. Institutional investors own 78.09% of the company’s stock.

Shares of NYSE CRCM opened at $16.91 on Friday. The company has a market capitalization of $557.40 million, a P/E ratio of 76.22, a price-to-earnings-growth ratio of 4.49 and a beta of 1.25. Care.com Inc has a 1 year low of $15.14 and a 1 year high of $22.95.

Care.com (NYSE:CRCM) last released its quarterly earnings results on Thursday, November 8th. The information services provider reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.19. Care.com had a net margin of 6.58% and a return on equity of 13.15%. The firm had revenue of $49.20 million during the quarter, compared to analyst estimates of $49.22 million. During the same quarter last year, the business earned $0.18 EPS. The company’s revenue was up 10.6% compared to the same quarter last year. On average, equities analysts expect that Care.com Inc will post 0.26 earnings per share for the current year.

In other Care.com news, insider Sheila Lirio Marcelo sold 24,268 shares of the firm’s stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of $19.00, for a total transaction of $461,092.00. Following the completion of the transaction, the insider now owns 1,078,976 shares in the company, valued at approximately $20,500,544. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Michael Echenberg sold 9,269 shares of the firm’s stock in a transaction that occurred on Tuesday, September 11th. The stock was sold at an average price of $19.89, for a total transaction of $184,360.41. Following the transaction, the chief financial officer now owns 33,125 shares of the company’s stock, valued at approximately $658,856.25. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 194,287 shares of company stock valued at $4,040,123. Company insiders own 30.90% of the company’s stock.

CRCM has been the subject of a number of research reports. ValuEngine upgraded shares of Care.com from a “buy” rating to a “strong-buy” rating in a report on Friday, September 21st. Zacks Investment Research upgraded shares of Care.com from a “sell” rating to a “hold” rating in a report on Monday, October 1st. Finally, BTIG Research initiated coverage on shares of Care.com in a report on Tuesday, November 13th. They issued a “buy” rating and a $23.00 price objective for the company. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Care.com has a consensus rating of “Buy” and a consensus price target of $22.33.

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Care.com Profile

Care.com, Inc operates an online marketplace for finding and managing family care in the United States and internationally. The company helps families to address their lifecycle of care needs, including child care, senior care, and special needs care, as well as other non-medical family care needs, such as pet care, tutoring, and housekeeping; and enables caregivers to find full-time and part-time employment opportunities.

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Institutional Ownership by Quarter for Care.com (NYSE:CRCM)

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