Crystal Rock Capital Management cut its stake in shares of Care.com Inc (NYSE:CRCM) by 14.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 54,611 shares of the information services provider’s stock after selling 9,280 shares during the quarter. Care.com comprises about 0.8% of Crystal Rock Capital Management’s investment portfolio, making the stock its 27th largest position. Crystal Rock Capital Management owned approximately 0.17% of Care.com worth $1,207,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of CRCM. Spark Investment Management LLC grew its stake in Care.com by 1.3% in the 2nd quarter. Spark Investment Management LLC now owns 228,300 shares of the information services provider’s stock valued at $4,766,000 after acquiring an additional 2,900 shares during the last quarter. Smith Asset Management Group LP grew its stake in Care.com by 3.5% in the 3rd quarter. Smith Asset Management Group LP now owns 93,760 shares of the information services provider’s stock valued at $2,073,000 after acquiring an additional 3,160 shares during the last quarter. Eagle Asset Management Inc. grew its stake in Care.com by 1.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 322,536 shares of the information services provider’s stock valued at $7,131,000 after acquiring an additional 3,261 shares during the last quarter. UBS Group AG grew its stake in Care.com by 7.9% in the 1st quarter. UBS Group AG now owns 54,464 shares of the information services provider’s stock valued at $886,000 after acquiring an additional 3,992 shares during the last quarter. Finally, Globeflex Capital L P lifted its holdings in Care.com by 4.8% in the 2nd quarter. Globeflex Capital L P now owns 87,779 shares of the information services provider’s stock valued at $1,833,000 after purchasing an additional 4,031 shares in the last quarter. 75.63% of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO Sheila Lirio Marcelo sold 24,093 shares of the stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $19.89, for a total transaction of $479,209.77. Following the transaction, the chief executive officer now directly owns 1,001,377 shares in the company, valued at approximately $19,917,388.53. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CTO David Krupinski sold 3,509 shares of the stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $19.89, for a total transaction of $69,794.01. Following the transaction, the chief technology officer now owns 135,200 shares in the company, valued at $2,689,128. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 234,087 shares of company stock worth $4,806,323. Insiders own 30.90% of the company’s stock.

Shares of CRCM stock opened at $18.58 on Monday. The stock has a market cap of $590.78 million, a PE ratio of 68.81, a P/E/G ratio of 4.76 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 announced its quarterly earnings data on Thursday, November 8th. The information services provider reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.19. The business had revenue of $49.20 million for the quarter, compared to analyst estimates of $49.22 million. Care.com had a net margin of 6.58% and a return on equity of 13.15%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.18 EPS. As a group, research analysts anticipate that Care.com Inc will post 0.26 earnings per share for the current year.

A number of research analysts have issued reports on the stock. 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. BTIG Research assumed coverage on shares of Care.com in a report on Tuesday, November 13th. They issued a “buy” rating and a $23.00 target price on the stock. Finally, Craig Hallum set a $24.00 target price on shares of Care.com and gave the company a “buy” rating in a report on Tuesday, July 31st. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $22.33.

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About Care.com

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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