Care.com Inc (CRCM) CEO Sheila Lirio Marcelo Sells 15,439 Shares
Care.com Inc (NYSE:CRCM) CEO Sheila Lirio Marcelo sold 15,439 shares of the stock in a transaction that occurred on Thursday, March 1st. The shares were sold at an average price of $17.64, for a total value of $272,343.96. Following the sale, the chief executive officer now directly owns 946,913 shares of the company’s stock, valued at approximately $16,703,545.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Sheila Lirio Marcelo also recently made the following trade(s):
- On Friday, January 19th, Sheila Lirio Marcelo sold 15,000 shares of Care.com stock. The shares were sold at an average price of $19.97, for a total value of $299,550.00.
- On Tuesday, December 12th, Sheila Lirio Marcelo sold 17,673 shares of Care.com stock. The shares were sold at an average price of $17.77, for a total value of $314,049.21.
Shares of Care.com Inc (CRCM) traded up $0.36 during mid-day trading on Friday, reaching $18.13. The company had a trading volume of 190,261 shares, compared to its average volume of 266,994. Care.com Inc has a 12 month low of $9.42 and a 12 month high of $20.88. The stock has a market capitalization of $545.41, a price-to-earnings ratio of 86.33, a price-to-earnings-growth ratio of 2.63 and a beta of 0.98.
Hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC lifted its stake in Care.com by 781.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,425 shares of the information services provider’s stock worth $116,000 after acquiring an additional 5,696 shares during the period. MetLife Investment Advisors LLC purchased a new stake in Care.com in the fourth quarter worth $126,000. Wells Fargo & Company MN lifted its stake in Care.com by 13.8% in the second quarter. Wells Fargo & Company MN now owns 11,711 shares of the information services provider’s stock worth $176,000 after acquiring an additional 1,420 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Care.com by 47.6% in the second quarter. The Manufacturers Life Insurance Company now owns 11,801 shares of the information services provider’s stock worth $179,000 after acquiring an additional 3,805 shares during the period. Finally, Alliancebernstein L.P. purchased a new stake in Care.com in the second quarter worth $180,000. 73.16% of the stock is owned by institutional investors.
A number of analysts have recently weighed in on the company. Zacks Investment Research lowered Care.com from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. TheStreet raised Care.com from a “c” rating to a “b-” rating in a research note on Friday, November 17th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $18.00 price objective (up previously from $16.00) on shares of Care.com in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $19.00.
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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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