Care.com Inc (CRCM) Insider Sheila Lirio Marcelo Sells 30,000 Shares of Stock

Care.com Inc (NYSE:CRCM) insider Sheila Lirio Marcelo sold 30,000 shares of the stock in a transaction on Thursday, January 10th. The stock was sold at an average price of $21.22, for a total transaction of $636,600.00. Following the transaction, the insider now directly owns 1,105,646 shares in the company, valued at $23,461,808.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sheila Lirio Marcelo also recently made the following trade(s):

  • On Thursday, December 27th, Sheila Lirio Marcelo sold 30,000 shares of Care.com stock. The stock was sold at an average price of $18.99, for a total transaction of $569,700.00.
  • On Tuesday, December 11th, Sheila Lirio Marcelo sold 17,215 shares of Care.com stock. The stock was sold at an average price of $16.85, for a total transaction of $290,072.75.
  • On Thursday, November 8th, Sheila Lirio Marcelo sold 24,268 shares of Care.com stock. The stock was sold at an average price of $19.00, for a total transaction of $461,092.00.

CRCM stock opened at $21.63 on Friday. Care.com Inc has a 52-week low of $15.14 and a 52-week high of $22.95. The stock has a market cap of $680.77 million, a price-to-earnings ratio of 80.11, a PEG ratio of 4.92 and a beta of 0.91.

Care.com (NYSE:CRCM) last released its quarterly earnings results on Thursday, November 8th. The information services provider reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.19. Care.com had a net margin of 6.58% and a return on equity of 13.15%. The company had revenue of $49.20 million during the quarter, compared to analysts’ expectations of $49.22 million. During the same period in the prior year, the company earned $0.18 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, equities research analysts predict that Care.com Inc will post 0.26 EPS for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc boosted its holdings in Care.com by 10.0% during the third quarter. Vanguard Group Inc now owns 1,485,984 shares of the information services provider’s stock valued at $32,855,000 after acquiring an additional 135,103 shares during the period. Vanguard Group Inc. lifted its stake in shares of Care.com by 10.0% in the third quarter. Vanguard Group Inc. now owns 1,485,984 shares of the information services provider’s stock valued at $32,855,000 after buying an additional 135,103 shares during the period. Legal & General Group Plc lifted its stake in shares of Care.com by 362.1% in the third quarter. Legal & General Group Plc now owns 13,456 shares of the information services provider’s stock valued at $297,000 after buying an additional 10,544 shares during the period. AQR Capital Management LLC lifted its stake in shares of Care.com by 9.5% in the third quarter. AQR Capital Management LLC now owns 583,159 shares of the information services provider’s stock valued at $12,894,000 after buying an additional 50,591 shares during the period. Finally, MetLife Investment Advisors LLC lifted its stake in shares of Care.com by 55.3% in the third quarter. MetLife Investment Advisors LLC now owns 10,868 shares of the information services provider’s stock valued at $240,000 after buying an additional 3,869 shares during the period. Institutional investors own 78.09% of the company’s stock.

Several research firms have commented on CRCM. Zacks Investment Research raised shares of Care.com from a “sell” rating to a “hold” rating in a research report on Monday, October 1st. ValuEngine upgraded shares of Care.com from a “buy” rating to a “strong-buy” rating in a report on Friday, December 21st. Finally, BTIG Research started coverage on shares of Care.com in a report on Tuesday, November 13th. They set a “buy” rating and a $23.00 price target for the company. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Care.com presently has a consensus rating of “Buy” and a consensus price target of $22.50.

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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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