Vocera Communications CEO Unloads $37,060 in Stock (VCRA)
Vocera Communications (NASDAQ:VCRA) CEO Brent Lang sold 2,000 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $18.53, for a total value of $37,060.00. Following the sale, the chief executive officer now directly owns 87,841 shares in the company, valued at approximately $1,627,694. The sale was disclosed in a document filed with the SEC, which is available at this link.
VCRA has been the subject of a number of recent research reports. Analysts at Robert W. Baird cut their price target on shares of Vocera Communications (NASDAQ:VCRA) from $15.00 to $14.00 in a research note to investors on Tuesday, August 6th. They now have a “neutral” rating on the stock. Separately, analysts at Wells Fargo & Co. upgraded shares of Vocera Communications (NASDAQ:VCRA) from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, August 6th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.35.
Vocera Communications (NASDAQ:VCRA) traded up 1.85% during mid-day trading on Friday, hitting $18.72. 125,879 shares of the company’s stock traded hands. Vocera Communications has a 52-week low of $11.99 and a 52-week high of $30.25. The stock has a 50-day moving average of $17.91 and a 200-day moving average of $17.07. The company’s market cap is $462.4 million.
Vocera Communications (NASDAQ:VCRA) last released its earnings data on Monday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.04. The company had revenue of $25.30 million for the quarter, compared to the consensus estimate of $24.16 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis.
Vocera Communications, Inc (NASDAQ:VCRA) is a provider of mobile communication solutions.
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