Vocera Communications Inc (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, July 9th. The shares were sold at an average price of $32.54, for a total value of $325,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Shares of Vocera Communications traded up $0.14, reaching $32.75, on Wednesday, MarketBeat Ratings reports. The stock had a trading volume of 447,655 shares, compared to its average volume of 277,359. The company has a market cap of $973.92 million, a P/E ratio of -108.67 and a beta of -0.11. Vocera Communications Inc has a 1 year low of $22.43 and a 1 year high of $33.13.
Vocera Communications (NYSE:VCRA) last released its quarterly earnings results on Thursday, April 26th. The communications equipment provider reported $0.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.09. The firm had revenue of $40.20 million for the quarter, compared to the consensus estimate of $39.16 million. Vocera Communications had a negative return on equity of 5.95% and a negative net margin of 7.42%. The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period last year, the business posted ($0.05) EPS. sell-side analysts expect that Vocera Communications Inc will post -0.22 earnings per share for the current year.
A number of analysts have commented on VCRA shares. Cantor Fitzgerald reissued a “buy” rating and issued a $35.00 target price on shares of Vocera Communications in a report on Tuesday, March 27th. Zacks Investment Research raised Vocera Communications from a “sell” rating to a “hold” rating in a report on Tuesday, March 20th. Piper Jaffray Companies lifted their target price on Vocera Communications to $33.00 and gave the stock an “overweight” rating in a report on Thursday, June 21st. ValuEngine raised Vocera Communications from a “hold” rating to a “buy” rating in a report on Thursday, June 21st. Finally, Leerink Swann lowered Vocera Communications from an “outperform” rating to a “market perform” rating and set a $29.00 target price for the company. in a report on Tuesday, March 13th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $34.00.
Hedge funds have recently added to or reduced their stakes in the company. US Bancorp DE boosted its stake in shares of Vocera Communications by 51.6% in the 1st quarter. US Bancorp DE now owns 9,686 shares of the communications equipment provider’s stock worth $226,000 after buying an additional 3,297 shares during the last quarter. Elk Creek Partners LLC boosted its stake in shares of Vocera Communications by 58.1% in the 1st quarter. Elk Creek Partners LLC now owns 972,699 shares of the communications equipment provider’s stock worth $22,781,000 after buying an additional 357,397 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Vocera Communications by 11.7% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 148,268 shares of the communications equipment provider’s stock worth $4,481,000 after buying an additional 15,503 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Vocera Communications by 1.8% in the 4th quarter. BlackRock Inc. now owns 2,062,285 shares of the communications equipment provider’s stock worth $62,322,000 after buying an additional 35,896 shares during the last quarter. Finally, Alambic Investment Management L.P. purchased a new position in Vocera Communications during the first quarter valued at $899,000.
Vocera Communications Company Profile
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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