Vocera Communications, Inc. (NYSE:VCRA) has earned a consensus rating of “Buy” from the eight brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $32.20.

A number of research firms have weighed in on VCRA. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Friday, September 29th. BidaskClub upgraded Vocera Communications from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Cantor Fitzgerald restated a “buy” rating and set a $35.00 target price on shares of Vocera Communications in a report on Thursday, October 26th. Oppenheimer Holdings, Inc. upped their target price on Vocera Communications from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. Finally, Leerink Swann restated an “outperform” rating and set a $34.00 target price (up previously from $31.00) on shares of Vocera Communications in a report on Tuesday, September 12th.

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In other news, Director Sharon O’keefe sold 2,000 shares of the stock in a transaction on Thursday, October 5th. The stock was sold at an average price of $31.17, for a total transaction of $62,340.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Brent D. Lang sold 5,000 shares of the stock in a transaction on Friday, September 1st. The shares were sold at an average price of $27.86, for a total value of $139,300.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,000 shares of company stock valued at $650,810. Company insiders own 6.30% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of VCRA. Nicholas Investment Partners LP raised its stake in Vocera Communications by 0.3% in the 2nd quarter. Nicholas Investment Partners LP now owns 127,668 shares of the communications equipment provider’s stock worth $3,371,000 after acquiring an additional 411 shares during the last quarter. Metropolitan Life Insurance Co. NY raised its stake in Vocera Communications by 2.6% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 17,331 shares of the communications equipment provider’s stock worth $430,000 after acquiring an additional 434 shares during the last quarter. Legal & General Group Plc raised its stake in Vocera Communications by 11.2% in the 2nd quarter. Legal & General Group Plc now owns 6,662 shares of the communications equipment provider’s stock worth $177,000 after acquiring an additional 671 shares during the last quarter. California State Teachers Retirement System raised its stake in Vocera Communications by 1.8% in the 2nd quarter. California State Teachers Retirement System now owns 49,585 shares of the communications equipment provider’s stock worth $1,310,000 after acquiring an additional 900 shares during the last quarter. Finally, Voya Investment Management LLC raised its stake in Vocera Communications by 6.9% in the 2nd quarter. Voya Investment Management LLC now owns 15,146 shares of the communications equipment provider’s stock worth $400,000 after acquiring an additional 982 shares during the last quarter.

Vocera Communications (NYSE:VCRA) last posted its earnings results on Thursday, October 26th. The communications equipment provider reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $42.30 million during the quarter, compared to analyst estimates of $41.44 million. Vocera Communications had a negative return on equity of 15.51% and a negative net margin of 17.42%. Vocera Communications’s revenue was up 25.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.08 earnings per share.

About Vocera Communications

Vocera Communications, Inc is a provider of communication solutions for mobile workers in healthcare, hospitality, energy, education and other industries. The Company’s segments include Product and Service. The Company’s solutions include the Vocera Communication System, Vocera Care Experience, Vocera Engage integration platform, smartphone applications and its Experience Innovation Network.

Analyst Recommendations for Vocera Communications (NYSE:VCRA)

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