Diane Musi Sells 6,000 Shares of Care.com Inc (CRCM) Stock
Care.com Inc (NASDAQ:CRCM) General Counsel Diane Musi sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $9.94, for a total transaction of $59,640.00. Following the completion of the transaction, the general counsel now owns 72,382 shares of the company’s stock, valued at $719,477.08. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Diane Musi also recently made the following trade(s):
- On Monday, September 12th, Diane Musi sold 1,745 shares of Care.com stock. The shares were sold at an average price of $9.83, for a total transaction of $17,153.35.
Shares of Care.com Inc (NASDAQ:CRCM) opened at 9.79 on Friday. Care.com Inc has a 52-week low of $4.90 and a 52-week high of $12.00. The firm’s market capitalization is $279.99 million. The stock’s 50 day moving average is $10.23 and its 200 day moving average is $9.06.
Care.com (NASDAQ:CRCM) last issued its quarterly earnings data on Wednesday, July 27th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.01. The company had revenue of $38.20 million for the quarter, compared to the consensus estimate of $37.97 million. During the same period in the prior year, the company posted ($0.12) earnings per share. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. On average, equities research analysts forecast that Care.com Inc will post $0.16 EPS for the current year.
A number of large investors have recently made changes to their positions in CRCM. American Century Companies Inc. bought a new stake in shares of Care.com during the second quarter valued at about $278,000. Bridgeway Capital Management Inc. bought a new stake in shares of Care.com during the second quarter valued at about $1,070,000. Parametric Portfolio Associates LLC raised its stake in shares of 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 raised its stake in shares of 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 raised its stake in shares of 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.
CRCM has been the subject of several recent research reports. Needham & Company LLC restated a “buy” rating and issued a $13.00 price target (up from $12.00) on shares of Care.com in a research report on Thursday, July 28th. Zacks Investment Research cut shares of Care.com from a “hold” rating to a “sell” rating in a research report on Monday, August 1st. Morgan Stanley reiterated a “hold” rating on shares of Care.com in a research report on Thursday, June 30th. JPMorgan Chase & Co. reiterated a “hold” rating on shares of Care.com in a research report on Thursday, June 30th. Finally, Roth Capital started coverage on shares of Care.com in a research report on Friday, September 9th. They set a “neutral” rating and a $10.50 price objective for the company. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average 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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