Vocera Communications Inc (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $35.30, for a total value of $353,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
VCRA stock traded up $0.22 during trading on Friday, hitting $36.19. 183,400 shares of the company traded hands, compared to its average volume of 256,184. The company has a current ratio of 4.52, a quick ratio of 4.46 and a debt-to-equity ratio of 0.69. The stock has a market cap of $1.07 billion, a P/E ratio of -120.63 and a beta of 0.16. Vocera Communications Inc has a 1 year low of $22.43 and a 1 year high of $36.95.
Several research analysts have recently issued reports on the company. ValuEngine upgraded Vocera Communications from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 27th. Piper Jaffray Companies restated an “overweight” rating and issued a $41.00 price objective on shares of Vocera Communications in a research note on Friday, October 26th. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Wednesday, October 24th. Jefferies Financial Group assumed coverage on Vocera Communications in a research note on Wednesday, September 19th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $36.00 price objective on shares of Vocera Communications in a research note on Tuesday, August 21st. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $37.10.
Hedge funds have recently made changes to their positions in the stock. Price Capital Management Inc. purchased a new position in Vocera Communications during the third quarter valued at approximately $132,000. United Services Automobile Association purchased a new position in Vocera Communications during the second quarter valued at approximately $210,000. California Public Employees Retirement System purchased a new position in Vocera Communications during the second quarter valued at approximately $231,000. Laurion Capital Management LP purchased a new position in Vocera Communications during the second quarter valued at approximately $234,000. Finally, Aristeia Capital LLC purchased a new position in Vocera Communications during the second quarter valued at approximately $278,000.
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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