Care.com Inc (CRCM): Michael Echenberg , Chief Financial Officer of Care.com Inc sold 3,872 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $9.83 per share for a total value of $38,065.93 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 13, 2016, David Krupinski (Chief Technology Officer) sold 2,127 shares at $9.83 per share price.On Sep 13, 2016, Diane Musi (General Counsel and Secretary) sold 1,745 shares at $9.83 per share price.Also, On Sep 8, 2016, Michael Echenberg (Chief Financial Officer) sold 10,000 shares at $10.62 per share price.On Jun 14, 2016, Sheila Lirio Marcelo (President and CEO) sold 10,440 shares at $8.64 per share price.
Shares of Care.com Inc (CRCM) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -1.78% at $9.92 with 165,871 shares getting traded. Post opening the session at $10.38, the shares hit an intraday low of $9.67 and an intraday high of $10.38 and the price vacillated in this range throughout the day. The company has a market cap of $284 M and the number of outstanding shares has been calculated to be 28,600,609 shares. The 52-week high of Care.com Inc is $12 and the 52-week low is $4.89.
Company has been under the radar of several Street Analysts.Care.com Inc is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 12 from a previous price target of $9 .The Rating was issued on Jun 30, 2016.
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.