Care.com Inc (NYSE:CRCM) CFO Michael Echenberg sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $19.12, for a total value of $28,680.00. Following the transaction, the chief financial officer now owns 16,383 shares of the company’s stock, valued at approximately $313,242.96. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Michael Echenberg also recently made the following trade(s):

  • On Tuesday, December 12th, Michael Echenberg sold 8,197 shares of Care.com stock. The shares were sold at an average price of $18.01, for a total value of $147,627.97.
  • On Friday, November 10th, Michael Echenberg sold 11,500 shares of Care.com stock. The shares were sold at an average price of $17.92, for a total value of $206,080.00.
  • On Tuesday, October 17th, Michael Echenberg sold 5,613 shares of Care.com stock. The shares were sold at an average price of $16.14, for a total value of $90,593.82.

Care.com Inc (CRCM) opened at $19.16 on Friday. Care.com Inc has a 12-month low of $8.05 and a 12-month high of $20.88. The stock has a market capitalization of $576.39, a P/E ratio of 51.78, a P/E/G ratio of 2.84 and a beta of 1.05.

Care.com (NYSE:CRCM) last released its quarterly earnings data on Thursday, November 2nd. The information services provider reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.10. Care.com had a return on equity of 17.27% and a net margin of 4.46%. The business had revenue of $44.50 million during the quarter, compared to analyst estimates of $44.22 million. During the same quarter in the previous year, the firm posted $0.02 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. research analysts forecast that Care.com Inc will post 0.31 earnings per share for the current year.

Hedge funds have recently made changes to their positions in the business. D.A. Davidson & CO. acquired a new position in Care.com during the 2nd quarter worth $139,000. Zacks Investment Management acquired a new position in Care.com during the 2nd quarter worth $174,000. Wells Fargo & Company MN boosted its position in Care.com by 13.8% during the 2nd 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 boosted its position in Care.com by 47.6% during the 2nd 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. acquired a new position in Care.com during the 2nd quarter worth $180,000. Institutional investors own 74.29% of the company’s stock.

CRCM has been the subject of a number of analyst reports. BidaskClub lowered Care.com from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Roth Capital upgraded Care.com from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $14.00 to $18.00 in a research report on Thursday, November 2nd. Zacks Investment Research lowered Care.com from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Finally, TheStreet upgraded Care.com from a “c” rating to a “b-” rating in a research report on Friday, November 17th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $17.67.

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About Care.com

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.

Insider Buying and Selling by Quarter for Care.com (NYSE:CRCM)

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