Care.com Inc (NYSE:CRCM) has been assigned an average rating of “Buy” from the seven research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $20.67.

A number of brokerages recently weighed in on CRCM. ValuEngine upgraded Care.com from a “buy” rating to a “strong-buy” rating in a research note on Friday. Craig Hallum set a $24.00 price objective on Care.com and gave the stock a “buy” rating in a research note on Tuesday, July 31st. Finally, Zacks Investment Research cut Care.com from a “hold” rating to a “sell” rating in a research note on Friday, August 3rd.

Shares of NYSE CRCM traded down $0.27 during mid-day trading on Wednesday, reaching $20.78. 1,890 shares of the company were exchanged, compared to its average volume of 302,104. The stock has a market capitalization of $658.11 million, a P/E ratio of 77.30, a price-to-earnings-growth ratio of 6.68 and a beta of 1.06. Care.com has a 1 year low of $13.86 and a 1 year high of $22.95.

Care.com (NYSE:CRCM) last issued its quarterly earnings data on Monday, July 30th. The information services provider reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.11. The firm had revenue of $46.00 million during the quarter, compared to analysts’ expectations of $45.91 million. Care.com had a return on equity of 15.34% and a net margin of 5.87%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 EPS. analysts predict that Care.com will post 0.21 EPS for the current year.

In related news, CFO Michael Echenberg sold 5,000 shares of the company’s stock in a transaction dated Tuesday, July 10th. The stock was sold at an average price of $21.36, for a total transaction of $106,800.00. Following the transaction, the chief financial officer now directly owns 30,300 shares of the company’s stock, valued at approximately $647,208. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider David Krupinski sold 10,000 shares of the company’s stock in a transaction dated Wednesday, August 1st. The shares were sold at an average price of $18.26, for a total value of $182,600.00. Following the transaction, the insider now directly owns 139,181 shares in the company, valued at $2,541,445.06. The disclosure for this sale can be found here. Insiders have sold a total of 121,700 shares of company stock worth $2,398,446 over the last ninety days. 30.90% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Prudential Financial Inc. increased its position in Care.com by 17.6% during the 1st quarter. Prudential Financial Inc. now owns 254,096 shares of the information services provider’s stock valued at $4,134,000 after buying an additional 38,060 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Care.com by 2.9% in the first quarter. BlackRock Inc. now owns 1,239,238 shares of the information services provider’s stock valued at $20,159,000 after purchasing an additional 35,133 shares during the period. Chicago Equity Partners LLC increased its holdings in shares of Care.com by 5.2% in the second quarter. Chicago Equity Partners LLC now owns 147,281 shares of the information services provider’s stock valued at $3,075,000 after purchasing an additional 7,260 shares during the period. United Services Automobile Association increased its holdings in shares of Care.com by 42.4% in the second quarter. United Services Automobile Association now owns 170,173 shares of the information services provider’s stock valued at $6,290,000 after purchasing an additional 50,635 shares during the period. Finally, Engineers Gate Manager LP increased its holdings in shares of Care.com by 182.2% in the second quarter. Engineers Gate Manager LP now owns 30,459 shares of the information services provider’s stock valued at $636,000 after purchasing an additional 19,665 shares during the period. 79.31% of the stock is currently owned by institutional investors.

About Care.com

Care.com, Inc operates an online marketplace for finding and managing family care in the United States and internationally. The company helps families to address their lifecycle of care needs, including child care, senior care, and special needs care, as well as other non-medical family care needs, such as pet care, tutoring, and housekeeping; and enables caregivers to find full-time and part-time employment opportunities.

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