Granite Investment Partners LLC boosted its position in shares of Care.com Inc (NASDAQ:CRCM) by 8.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,136 shares of the company’s stock after buying an additional 14,221 shares during the period. Granite Investment Partners LLC owned 0.62% of Care.com worth $1,765,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Parametric Portfolio Associates LLC raised its position 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 worth $211,000 after buying an additional 3,300 shares during the last quarter. Citadel Advisors LLC raised its position 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 worth $480,000 after buying an additional 19,321 shares during the last quarter. Spark Investment Management LLC raised its position 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 worth $589,000 after buying an additional 16,600 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University purchased a new position in shares of Care.com during the second quarter worth approximately $231,000. Finally, Dynamic Technology Lab Private Ltd raised its position in shares of Care.com by 1.8% in the second quarter. Dynamic Technology Lab Private Ltd now owns 11,645 shares of the company’s stock worth $136,000 after buying an additional 211 shares during the last quarter.

Institutional Ownership by Quarter for Care.com (NASDAQ:CRCM)

Care.com Inc (NASDAQ:CRCM) traded up 0.56% on Monday, hitting $8.97. The stock had a trading volume of 27,019 shares. Care.com Inc has a 1-year low of $4.90 and a 1-year high of $12.00. The firm has a market capitalization of $258.51 million and a price-to-earnings ratio of 92.47. The company’s 50 day moving average is $8.89 and its 200-day moving average is $9.67.

Care.com (NASDAQ:CRCM) last announced its quarterly earnings results on Tuesday, November 1st. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.04. The company had revenue of $40.80 million for the quarter, compared to analyst estimates of $40.14 million. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the company posted ($0.18) earnings per share. On average, analysts forecast that Care.com Inc will post $0.15 EPS for the current year.

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A number of research analysts have commented on the company. Zacks Investment Research lowered Care.com from a “hold” rating to a “sell” rating in a research report on Monday, August 1st. Roth Capital assumed coverage on Care.com in a research report on Friday, September 9th. They issued a “neutral” rating and a $10.50 price objective on the stock. Finally, TheStreet upgraded Care.com from a “sell” rating to a “hold” rating in a research report on Tuesday, November 1st. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $10.83.

In related news, CTO David Krupinski sold 2,741 shares of the business’s stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $10.03, for a total value of $27,492.23. Following the sale, the chief technology officer now owns 175,105 shares of the company’s stock, valued at $1,756,303.15. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Michael Echenberg sold 3,872 shares of the business’s stock in a transaction on Monday, September 12th. The stock was sold at an average price of $9.83, for a total transaction of $38,061.76. Following the completion of the sale, the chief financial officer now directly owns 18,368 shares in the company, valued at approximately $180,557.44. The disclosure for this sale can be found here.

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.

5 Day Chart for NASDAQ:CRCM

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