Care.com Inc (CRCM) : Board Of Trustees Of The Leland Stanford Junior University added new position in Care.com Inc during the most recent quarter end. The investment management firm now holds 19,773 shares of Care.com Inc which is valued at $153,043 , the company said in a statement filed on May 12, 2016 with the SEC.Care.com Inc makes up approximately 0.02% of Board Of Trustees Of The Leland Stanford Junior University’s portfolio.
Other Hedge Funds, Including , Concourse Capital Management added CRCM to its portfolio by purchasing 74,594 company shares during the most recent quarter which is valued at $577,358. Care.com Inc makes up approx 0.37% of Concourse Capital Management’s portfolio. Landscape Capital Management L.l.c. added CRCM to its portfolio by purchasing 16,635 company shares during the most recent quarter which is valued at $128,755. Care.com Inc makes up approx 0.02% of Landscape Capital Management L.l.c.’s portfolio. Numeric Investors sold out all of its stake in CRCM during the most recent quarter. The investment firm sold 78,769 shares of CRCM which is valued $583,678.Tiaa Cref Investment Management reduced its stake in CRCM by selling 17,330 shares or 21.8% in the most recent quarter. The Hedge Fund company now holds 62,160 shares of CRCM which is valued at $460,606.
Care.com Inc opened for trading at $7.32 and hit $7.6 on the upside on Friday, eventually ending the session at $7.5, with a gain of 1.76% or 0.13 points. The heightened volatility saw the trading volume jump to 94,888 shares. Company has a market cap of $244,298 M.
On the company’s financial health, Care.com Inc reported $-0.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $-0.06. The company had revenue of $39.30 million for the quarter, compared to analysts expectations of $38.02 million. The company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.33 EPS.
Care.com Inc. is an online marketplace for finding and managing family care as well as a subscription-based social e-commerce service selling curated products designed for families. The Company’s platform provides families with a range of solutions. Its consumer matching solutions allow families to search for qualify vet connect with and select caregivers. Its platform also provides caregivers with solutions to create personal profiles describe their skills and experience and otherwise differentiate and market themselves. It also offers its members products and services to facilitate their interaction with caregivers. It serves employers by providing access to its platform including online matching backup care services care planning services and Care.com HomePay. The Company serves care-related businesses such as day care centers nanny agencies and home care agencies who wish to market their services to its care-seeking families and recruit its caregiver members.