Insider Selling: Care.com Inc (CRCM) Insider Sells 6,000 Shares of Stock
Care.com Inc (NASDAQ:CRCM) insider David Krupinski sold 6,000 shares of the stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $10.36, for a total value of $62,160.00. Following the completion of the transaction, the insider now directly owns 180,428 shares of the company’s stock, valued at $1,869,234.08. The sale was disclosed in a filing with the SEC, which is available at this link.
David Krupinski also recently made the following trade(s):
- On Monday, September 12th, David Krupinski sold 2,127 shares of Care.com stock. The stock was sold at an average price of $9.83, for a total value of $20,908.41.
Shares of Care.com Inc (NASDAQ:CRCM) opened at 10.01 on Tuesday. The firm’s market capitalization is $286.29 million. The company’s 50-day moving average price is $10.52 and its 200-day moving average price is $8.77. Care.com Inc has a 12-month low of $4.89 and a 12-month high of $12.00.
Care.com (NASDAQ:CRCM) last posted its earnings results on Wednesday, July 27th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.01. The firm earned $38.20 million during the quarter, compared to the consensus estimate of $37.97 million. During the same quarter last year, the firm earned ($0.12) earnings per share. The company’s revenue was up 16.0% compared to the same quarter last year. Analysts anticipate that Care.com Inc will post $0.17 EPS for the current year.
Several institutional investors have recently bought and sold shares of the stock. American Century Companies Inc. purchased a new position in Care.com during the second quarter valued at approximately $278,000. Bridgeway Capital Management Inc. purchased a new position in Care.com during the second quarter valued at approximately $1,070,000. Parametric Portfolio Associates LLC increased its position in Care.com by 22.4% in the second quarter. Parametric Portfolio Associates LLC now owns 18,031 shares of the company’s stock valued at $211,000 after buying an additional 3,300 shares during the last quarter. Citadel Advisors LLC increased its position in Care.com by 88.7% in the second quarter. Citadel Advisors LLC now owns 41,098 shares of the company’s stock valued at $480,000 after buying an additional 19,321 shares during the last quarter. Finally, Spark Investment Management LLC increased its position in Care.com by 49.0% in the second quarter. Spark Investment Management LLC now owns 50,500 shares of the company’s stock valued at $589,000 after buying an additional 16,600 shares during the last quarter.
A number of equities analysts have recently issued reports on CRCM shares. Zacks Investment Research cut Care.com from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th. Needham & Company LLC reaffirmed a “buy” rating and set a $12.00 price target (up from $9.00) on shares of Care.com in a report on Thursday, June 30th. Morgan Stanley reaffirmed a “hold” rating on shares of Care.com in a report on Thursday, June 30th. JPMorgan Chase & Co. reaffirmed a “hold” rating on shares of Care.com in a report on Thursday, June 30th. Finally, Roth Capital initiated coverage on Care.com in a report on Friday, September 9th. They set a “neutral” rating and a $10.50 price target for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $11.00.
Care.com Company Profile
Care.com, Inc is an online marketplace for finding and managing family care. The Company has approximately 18.4 million members, including over 10.3 million families and approximately 8.1 million caregivers, spanning over 20 countries. Its consumer matching solutions allow families to search for, qualify, vet, connect with and select caregivers.
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