Timpani Capital Management LLC cut its stake in shares of Vocera Communications, Inc. (NYSE:VCRA) by 7.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 71,656 shares of the communications equipment provider’s stock after selling 6,031 shares during the quarter. Timpani Capital Management LLC owned approximately 0.25% of Vocera Communications worth $1,893,000 as of its most recent filing with the SEC.
Several other institutional investors have also added to or reduced their stakes in the stock. Blair William & Co. IL increased its position in Vocera Communications by 0.8% in the first quarter. Blair William & Co. IL now owns 16,035 shares of the communications equipment provider’s stock worth $369,000 after purchasing an additional 125 shares during the period. Metropolitan Life Insurance Co. NY increased its position in Vocera Communications by 2.6% in the first quarter. Metropolitan Life Insurance Co. NY now owns 17,331 shares of the communications equipment provider’s stock worth $430,000 after purchasing an additional 434 shares during the period. Sei Investments Co. increased its position in Vocera Communications by 12.9% in the first quarter. Sei Investments Co. now owns 5,771 shares of the communications equipment provider’s stock worth $143,000 after purchasing an additional 658 shares during the period. Legal & General Group Plc grew its position in shares of Vocera Communications by 11.2% during the 2nd quarter. Legal & General Group Plc now owns 6,662 shares of the communications equipment provider’s stock worth $177,000 after buying an additional 671 shares during the period. Finally, American International Group Inc. grew its position in shares of Vocera Communications by 7.1% during the 1st quarter. American International Group Inc. now owns 15,235 shares of the communications equipment provider’s stock worth $378,000 after buying an additional 1,006 shares during the period.
Vocera Communications, Inc. (NYSE VCRA) traded up 0.10% during mid-day trading on Friday, hitting $29.95. The stock had a trading volume of 317,649 shares. The company’s 50 day moving average is $27.81 and its 200-day moving average is $25.70. Vocera Communications, Inc. has a 52 week low of $16.10 and a 52 week high of $29.98. The stock’s market capitalization is $871.66 million.
Vocera Communications (NYSE:VCRA) last issued its quarterly earnings results on Thursday, July 27th. The communications equipment provider reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.02). The business had revenue of $38.45 million for the quarter, compared to analyst estimates of $37.53 million. Vocera Communications had a negative return on equity of 14.71% and a negative net margin of 17.28%. The business’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share. On average, analysts expect that Vocera Communications, Inc. will post $0.16 EPS for the current fiscal year.
Several research firms have recently issued reports on VCRA. Leerink Swann reiterated an “outperform” rating and issued a $34.00 price objective (up from $31.00) on shares of Vocera Communications in a research report on Tuesday, September 12th. Cantor Fitzgerald restated a “buy” rating and issued a $30.00 target price on shares of Vocera Communications in a research note on Thursday, July 27th. ValuEngine upgraded Vocera Communications from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research cut Vocera Communications from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $29.17.
In other Vocera Communications news, EVP Paul T. Johnson sold 4,000 shares of the company’s stock in a transaction on Monday, July 10th. The shares were sold at an average price of $24.97, for a total value of $99,880.00. Following the sale, the executive vice president now directly owns 170,134 shares of the company’s stock, valued at $4,248,245.98. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert Zollars sold 62,000 shares of the company’s stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $25.41, for a total transaction of $1,575,420.00. Following the completion of the sale, the director now directly owns 42,748 shares in the company, valued at $1,086,226.68. The disclosure for this sale can be found here. Insiders have sold 243,245 shares of company stock worth $6,338,475 over the last three months. Corporate insiders own 6.30% of the company’s stock.
Vocera Communications Company Profile
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.
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