Care.com, Inc. (NYSE:CRCM) has been assigned a $14.00 price objective by Roth Capital in a report released on Thursday. The firm currently has a “hold” rating on the information services provider’s stock. Roth Capital’s price objective indicates a potential downside of 6.73% from the company’s current price.

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

Shares of Care.com (CRCM) traded down 7.66% during mid-day trading on Thursday, reaching $13.86. 448,513 shares of the company were exchanged. The firm’s market capitalization is $407.54 million. Care.com has a 12 month low of $7.51 and a 12 month high of $16.07. The company’s 50-day moving average is $14.90 and its 200 day moving average is $12.84.

Care.com (NYSE:CRCM) last released its quarterly earnings data on Thursday, August 10th. The information services provider reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.09. The firm had revenue of $42 million during the quarter, compared to the consensus estimate of $41.34 million. Care.com had a net margin of 0.67% and a return on equity of 3.79%. The firm’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.03) earnings per share. Analysts predict that Care.com will post $0.37 EPS for the current year.

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In other news, insider David Krupinski sold 3,439 shares of the business’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $14.38, for a total transaction of $49,452.82. Following the completion of the transaction, the insider now owns 172,672 shares of the company’s stock, valued at $2,483,023.36. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Diane Musi sold 9,990 shares of the business’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $15.48, for a total transaction of $154,645.20. Following the transaction, the general counsel now directly 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 three months, insiders have sold 44,095 shares of company stock valued at $651,424. Corporate insiders own 24.70% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. Thompson Davis & CO. Inc. purchased a new position in shares of Care.com during the second quarter valued at about $102,000. American International Group Inc. increased its position 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 valued at $122,000 after buying an additional 583 shares during the period. Wedge Capital Management L L P NC purchased a new position in shares of Care.com during the second quarter valued at about $152,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of Care.com during the second quarter valued at about $154,000. Finally, Pillar Pacific Capital Management LLC purchased a new position in shares of Care.com during the second quarter valued at about $161,000. 72.47% of the stock is owned by institutional investors.

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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