Jacobs Levy Equity Management Inc. lowered its position in shares of Care.com Inc (NYSE:CRCM) by 45.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,594 shares of the information services provider’s stock after selling 84,705 shares during the period. Jacobs Levy Equity Management Inc. owned about 0.30% of Care.com worth $1,512,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Public Employees Retirement System of Ohio bought a new stake in Care.com during the third quarter valued at about $60,000. Advisors Preferred LLC bought a new stake in Care.com during the fourth quarter valued at about $71,000. Victory Capital Management Inc. boosted its position in Care.com by 58.2% during the fourth quarter. Victory Capital Management Inc. now owns 7,677 shares of the information services provider’s stock valued at $115,000 after purchasing an additional 2,823 shares in the last quarter. New York State Teachers Retirement System boosted its position in Care.com by 46.1% during the fourth quarter. New York State Teachers Retirement System now owns 15,017 shares of the information services provider’s stock valued at $226,000 after purchasing an additional 4,741 shares in the last quarter. Finally, Credit Suisse AG boosted its position in Care.com by 25.0% during the fourth quarter. Credit Suisse AG now owns 16,366 shares of the information services provider’s stock valued at $246,000 after purchasing an additional 3,273 shares in the last quarter. Hedge funds and other institutional investors own 74.18% of the company’s stock.

Shares of NYSE CRCM opened at $15.00 on Thursday. Care.com Inc has a fifty-two week low of $7.61 and a fifty-two week high of $25.81. The company has a market cap of $496.95 million, a PE ratio of -16.30 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.57 and a current ratio of 2.57. The business has a 50-day simple moving average of $15.00 and a two-hundred day simple moving average of $13.08.

CRCM has been the topic of a number of recent research reports. TheStreet raised Care.com from a “d+” rating to a “c-” rating in a research report on Thursday, December 26th. Zacks Investment Research raised Care.com from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research report on Thursday, January 9th. BTIG Research downgraded Care.com from a “buy” rating to a “neutral” rating in a report on Friday, December 20th. Finally, ValuEngine raised Care.com from a “hold” rating to a “buy” rating in a report on Saturday, December 21st. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $13.00.

Care.com Company 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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