Care.com Inc (NASDAQ:CRCM) General Counsel Diane Musi sold 6,000 shares of the stock in a transaction on Monday, October 3rd. The stock was 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 directly owns 72,382 shares in the company, valued at approximately $719,477.08. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Diane Musi also recently made the following trade(s):
- On Monday, September 12th, Diane Musi sold 1,745 shares of Care.com stock. The stock was 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 9.77 on Thursday. The stock’s market cap is $279.42 million. Care.com Inc has a 52 week low of $4.90 and a 52 week high of $12.00. The stock has a 50 day moving average of $10.25 and a 200-day moving average of $9.05.
Care.com (NASDAQ:CRCM) last posted its quarterly earnings data on Wednesday, July 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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. The company’s revenue was up 16.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.12) earnings per share. Equities research analysts predict that Care.com Inc will post $0.16 earnings per share for the current fiscal year.
Several institutional investors have recently bought and sold shares of CRCM. Gerstein Fisher acquired a new position in Care.com during the second quarter worth about $218,000. Alambic Investment Management L.P. increased its position in shares of Care.com by 11.4% in the second quarter. Alambic Investment Management L.P. now owns 22,833 shares of the company’s stock valued at $267,000 after buying an additional 2,344 shares in the last quarter. American Century Companies Inc. purchased a new position in shares of Care.com during the second quarter valued at $278,000. Acrospire Investment Management LLC purchased a new position in shares of Care.com during the second quarter valued at $102,000. Finally, EAM Investors LLC purchased a new position in shares of Care.com during the second quarter valued at $2,689,000.
A number of equities analysts have recently commented on CRCM shares. Needham & Company LLC reissued a “buy” rating and issued a $12.00 price target (up previously from $9.00) on shares of Care.com in a report on Thursday, June 30th. Morgan Stanley increased their price target on shares of Care.com from $6.00 to $9.50 and gave the stock an “equal weight” rating in a report on Thursday, July 28th. JPMorgan Chase & Co. reissued a “hold” rating on shares of Care.com in a report on Thursday, June 30th. Zacks Investment Research lowered shares of Care.com from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th. Finally, Roth Capital started coverage on shares of Care.com in a report on Friday, September 9th. They issued a “neutral” rating and a $10.50 price target on the stock. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has an average 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.
Receive News & Ratings for Care.com Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Care.com Inc and related companies with MarketBeat.com's FREE daily email newsletter.