Care.com Inc (NASDAQ:CRCM) General Counsel Diane Musi sold 6,000 shares of the company’s stock in a transaction dated 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 sale, the general counsel now directly owns 72,382 shares in the company, 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.
Care.com Inc (NASDAQ:CRCM) opened at 9.58 on Monday. Care.com Inc has a one year low of $4.90 and a one year high of $12.00. The stock’s 50 day moving average is $10.21 and its 200 day moving average is $9.08. The company’s market capitalization is $273.99 million.
Care.com (NASDAQ:CRCM) last issued 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 firm had revenue of $38.20 million for the quarter, compared to analysts’ expectations of $37.97 million. Care.com’s revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the company earned ($0.12) EPS. On average, analysts anticipate that Care.com Inc will post $0.16 earnings per share for the current fiscal year.
CRCM has been the topic of several research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $12.00 price target (up 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 company 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 cut shares of Care.com from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th. Finally, Roth Capital initiated 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 equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Care.com has an average rating of “Hold” and an average price target of $11.00.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Acadian Asset Management LLC acquired a new position in shares of Care.com during the second quarter worth about $134,000. American Century Companies Inc. acquired a new position in shares of Care.com during the second quarter worth about $278,000. Chicago Equity Partners LLC acquired a new position in shares of Care.com during the second quarter worth about $923,000. EAM Investors LLC acquired a new position in shares of Care.com during the second quarter worth about $2,689,000. Finally, Gerstein Fisher acquired a new position in shares of Care.com during the second quarter worth about $218,000.
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.