Care.com, Inc. (NYSE:CRCM) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Thursday.

CRCM has been the topic of several other reports. Zacks Investment Research lowered shares of Care.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Roth Capital set a $14.00 price target on shares of Care.com and gave the company a “hold” rating in a research report on Monday, June 12th.

Care.com (NYSE:CRCM) traded down 2.47% on Thursday, reaching $14.64. 46,296 shares of the company’s stock were exchanged. The company’s market cap is $430.47 million. The firm has a 50 day moving average of $14.90 and a 200-day moving average of $12.84. Care.com has a 12-month low of $7.51 and a 12-month high of $16.07.

Care.com (NYSE:CRCM) last issued its earnings results on Thursday, August 10th. The information services provider reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.09. Care.com had a net margin of 0.67% and a return on equity of 3.79%. The company had revenue of $42 million for the quarter, compared to analyst estimates of $41.34 million. During the same period in the prior year, the business posted ($0.03) earnings per share. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. Equities analysts expect that Care.com will post $0.37 EPS for the current fiscal year.

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In other Care.com news, General Counsel Diane Musi sold 3,119 shares of the stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $14.38, for a total transaction of $44,851.22. Following the transaction, the general counsel now owns 33,872 shares of the company’s stock, valued at $487,079.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider David Krupinski sold 3,825 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $14.66, for a total transaction of $56,074.50. Following the transaction, the insider now directly owns 175,934 shares in the company, valued at approximately $2,579,192.44. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 44,095 shares of company stock worth $651,424. 24.70% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of the stock. 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 worth $122,000 after buying an additional 583 shares in the last quarter. Wedge Capital Management L L P NC acquired a new position in shares of Care.com during the second quarter worth approximately $152,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Care.com during the second quarter worth approximately $154,000. Pillar Pacific Capital Management LLC acquired a new position in shares of Care.com during the second quarter worth approximately $161,000. Finally, HighTower Advisors LLC acquired a new position in shares of Care.com during the first quarter worth approximately $137,000. 72.47% of the stock is currently owned by institutional investors and hedge funds.

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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