The CFO of Carecom (NYSE: CRCM) is Selling Shares

By Carrie Williams

Today, the CFO of Carecom (NYSE: CRCM), Michael Echenberg, sold shares of CRCM for $72.23K.

In addition to Michael Echenberg, 8 other CRCM executives reported Sell trades in the last month. Following Michael Echenberg’s last CRCM Sell transaction on February 15, 2017, the stock climbed by 1.8%.

Based on Carecom’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $40.79 million and GAAP net loss of $1.27 million. In comparison, last year the company earned revenue of $37.55 million and had a net profit of $1.6 million. The company has a one year high of $12.04 and a one year low of $5.78. CRCM’s market cap is $307.6M and the company has a P/E ratio of 143.68.

In the last 30 days, insiders have sold $340.2K worth of CRCM shares and purchased $28.41K worth of CRCM shares. The insider sentiment on Carecom has been positive according to 41 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Michael Echenberg’s trades have generated a -20.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities., Inc. engages in the provision of an online marketplace, which enables customers to find and manage family care through connecting families to caregivers and care giving services. It offers child care, adult and senior care, pet care, and home care. The company was founded by Sheila Lirio Marcelo, Dave Krupinski, Donna Levin and Zenobia Moochhala on October 27, 2006 and is headquartered in Waltham, MA.