Barclays PLC Increases Holdings in Care.com Inc (CRCM)

Barclays PLC lifted its position in shares of Care.com Inc (NYSE:CRCM) by 50.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 35,900 shares of the information services provider’s stock after purchasing an additional 12,054 shares during the quarter. Barclays PLC owned about 0.11% of Care.com worth $693,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. acquired a new stake in shares of Care.com during the 4th quarter valued at approximately $31,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Care.com during the 4th quarter valued at approximately $43,000. Great West Life Assurance Co. Can bought a new position in Care.com during the 4th quarter worth $96,000. MetLife Investment Advisors LLC grew its stake in Care.com by 55.3% during the 3rd quarter. MetLife Investment Advisors LLC now owns 10,868 shares of the information services provider’s stock worth $240,000 after buying an additional 3,869 shares during the last quarter. Finally, Menta Capital LLC bought a new position in Care.com during the 4th quarter worth $230,000. Institutional investors and hedge funds own 82.21% of the company’s stock.

In other news, Director Marla J. Blow sold 2,770 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $19.77, for a total transaction of $54,762.90. Following the completion of the sale, the director now directly owns 20,595 shares of the company’s stock, valued at approximately $407,163.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Sheila Lirio Marcelo sold 30,000 shares of the firm’s stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $23.71, for a total value of $711,300.00. Following the sale, the insider now directly owns 1,105,646 shares of the company’s stock, valued at $26,214,866.66. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 108,998 shares of company stock valued at $2,285,160. 30.90% of the stock is currently owned by company insiders.

CRCM stock traded down $0.29 during trading hours on Friday, hitting $15.40. 340,719 shares of the stock traded hands, compared to its average volume of 459,181. Care.com Inc has a one year low of $15.14 and a one year high of $25.81. The stock has a market capitalization of $495.77 million, a P/E ratio of 42.78, a P/E/G ratio of 5.01 and a beta of 1.30.

Care.com (NYSE:CRCM) last announced its earnings results on Thursday, March 7th. The information services provider reported $0.26 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.16. Care.com had a return on equity of 11.86% and a net margin of 27.51%. The business had revenue of $49.80 million during the quarter, compared to analysts’ expectations of $49.95 million. During the same quarter last year, the business posted $0.32 earnings per share. The company’s quarterly revenue was up 12.7% on a year-over-year basis. Sell-side analysts expect that Care.com Inc will post 0.2 EPS for the current year.

CRCM has been the subject of a number of recent research reports. BTIG Research downgraded Care.com from a “buy” rating to a “neutral” rating and set a $17.83 price objective for the company. in a research note on Monday, April 1st. Roth Capital upped their price objective on Care.com from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, February 14th. ValuEngine cut Care.com from a “buy” rating to a “hold” rating in a research note on Monday, April 15th. Finally, Zacks Investment Research cut Care.com from a “buy” rating to a “hold” rating in a research note on Friday, March 8th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $22.97.

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Care.com Company Profile

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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Institutional Ownership by Quarter for Care.com (NYSE:CRCM)

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