Citadel Advisors LLC Invests $425,000 in Vocera Communications, Inc. (VCRA) Stock

Citadel Advisors LLC acquired a new position in shares of Vocera Communications, Inc. (NYSE:VCRA) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 16,091 shares of the communications equipment provider’s stock, valued at approximately $425,000. Citadel Advisors LLC owned approximately 0.06% of Vocera Communications as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Alliancebernstein L.P. grew its stake in Vocera Communications by 20.0% during the second quarter. Alliancebernstein L.P. now owns 1,424,419 shares of the communications equipment provider’s stock worth $37,633,000 after buying an additional 236,941 shares in the last quarter. Renaissance Technologies LLC grew its stake in Vocera Communications by 11.3% during the second quarter. Renaissance Technologies LLC now owns 1,364,000 shares of the communications equipment provider’s stock worth $36,037,000 after buying an additional 138,100 shares in the last quarter. Vanguard Group Inc. grew its stake in Vocera Communications by 3.7% during the second quarter. Vanguard Group Inc. now owns 1,111,324 shares of the communications equipment provider’s stock worth $29,361,000 after buying an additional 39,267 shares in the last quarter. Rockefeller Financial Services Inc. grew its stake in Vocera Communications by 3.1% during the second quarter. Rockefeller Financial Services Inc. now owns 926,895 shares of the communications equipment provider’s stock worth $24,489,000 after buying an additional 28,125 shares in the last quarter. Finally, New York State Common Retirement Fund grew its stake in Vocera Communications by 1.3% during the second quarter. New York State Common Retirement Fund now owns 810,808 shares of the communications equipment provider’s stock worth $21,422,000 after buying an additional 10,392 shares in the last quarter.

Vocera Communications, Inc. (NYSE VCRA) opened at 30.45 on Tuesday. The stock has a 50 day moving average of $29.19 and a 200-day moving average of $26.68. Vocera Communications, Inc. has a 12-month low of $16.10 and a 12-month high of $32.05. The company’s market cap is $886.22 million.

Vocera Communications (NYSE:VCRA) last issued its quarterly earnings data on Thursday, July 27th. The communications equipment provider reported ($0.21) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by ($0.02). Vocera Communications had a negative return on equity of 14.71% and a negative net margin of 17.28%. The business had revenue of $38.45 million for the quarter, compared to analysts’ expectations of $37.53 million. During the same period in the previous year, the firm posted $0.02 EPS. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, equities research analysts anticipate that Vocera Communications, Inc. will post $0.16 earnings per share for the current fiscal year.

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A number of equities research analysts have issued reports on the stock. Cantor Fitzgerald reiterated a “buy” rating and set a $30.00 price objective on shares of Vocera Communications in a research note on Tuesday, September 26th. BidaskClub downgraded shares of Vocera Communications from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, September 20th. Zacks Investment Research upgraded shares of Vocera Communications from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Leerink Swann increased their price objective on shares of Vocera Communications from $24.00 to $31.00 and gave the stock an “outperform” rating in a research note on Friday, July 28th. Finally, Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $32.00 target price on shares of Vocera Communications in a report on Friday, September 22nd. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Vocera Communications currently has an average rating of “Buy” and a consensus price target of $31.17.

In related news, CEO Brent D. Lang sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $27.69, for a total value of $138,450.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Zollars sold 57,925 shares of the business’s stock in a transaction

A number of other institutional investors have also recently made changes to their positions in the business. Alliancebernstein L.P. grew its stake in Vocera Communications by 20.0% during the second quarter. Alliancebernstein L.P. now owns 1,424,419 shares of the communications equipment provider’s stock worth $37,633,000 after buying an additional 236,941 shares in the last quarter. Renaissance Technologies LLC grew its stake in Vocera Communications by 11.3% during the second quarter. Renaissance Technologies LLC now owns 1,364,000 shares of the communications equipment provider’s stock worth $36,037,000 after buying an additional 138,100 shares in the last quarter. Vanguard Group Inc. grew its stake in Vocera Communications by 3.7% during the second quarter. Vanguard Group Inc. now owns 1,111,324 shares of the communications equipment provider’s stock worth $29,361,000 after buying an additional 39,267 shares in the last quarter. Rockefeller Financial Services Inc. grew its stake in Vocera Communications by 3.1% during the second quarter. Rockefeller Financial Services Inc. now owns 926,895 shares of the communications equipment provider’s stock worth $24,489,000 after buying an additional 28,125 shares in the last quarter. Finally, New York State Common Retirement Fund grew its stake in Vocera Communications by 1.3% during the second quarter. New York State Common Retirement Fund now owns 810,808 shares of the communications equipment provider’s stock worth $21,422,000 after buying an additional 10,392 shares in the last quarter.

Vocera Communications, Inc. (NYSE VCRA) opened at 30.45 on Tuesday. The stock has a 50 day moving average of $29.19 and a 200-day moving average of $26.68. Vocera Communications, Inc. has a 12-month low of $16.10 and a 12-month high of $32.05. The company’s market cap is $886.22 million.

Vocera Communications (NYSE:VCRA) last issued its quarterly earnings data on Thursday, July 27th. The communications equipment provider reported ($0.21) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by ($0.02). Vocera Communications had a negative return on equity of 14.71% and a negative net margin of 17.28%. The business had revenue of $38.45 million for the quarter, compared to analysts’ expectations of $37.53 million. During the same period in the previous year, the firm posted $0.02 EPS. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, equities research analysts anticipate that Vocera Communications, Inc. will post $0.16 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright and trademark laws. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/10/citadel-advisors-llc-invests-425000-in-vocera-communications-inc-vcra-stock.html.

A number of equities research analysts have issued reports on the stock. Cantor Fitzgerald reiterated a “buy” rating and set a $30.00 price objective on shares of Vocera Communications in a research note on Tuesday, September 26th. BidaskClub downgraded shares of Vocera Communications from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, September 20th. Zacks Investment Research upgraded shares of Vocera Communications from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Leerink Swann increased their price objective on shares of Vocera Communications from $24.00 to $31.00 and gave the stock an “outperform” rating in a research note on Friday, July 28th. Finally, Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $32.00 target price on shares of Vocera Communications in a report on Friday, September 22nd. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Vocera Communications currently has an average rating of “Buy” and a consensus price target of $31.17.

In related news, CEO Brent D. Lang sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $27.69, for a total value of $138,450.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Zollars sold 57,925 shares of the business’s stock in a transaction that occurred on Tuesday, July 18th. The stock was sold at an average price of $25.78, for a total value of $1,493,306.50. Following the completion of the sale, the director now owns 42,748 shares of the company’s stock, valued at approximately $1,102,043.44. The disclosure for this sale can be found here. Insiders have sold 82,925 shares of company stock valued at $2,220,227 in the last three months. 6.30% of the stock is owned by insiders.

Vocera Communications 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.

Institutional Ownership by Quarter for Vocera Communications (NYSE:VCRA)

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