Vocera Communications Inc (NYSE:VCRA) CEO Brent D. Lang sold 5,000 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $29.89, for a total value of $149,450.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Vocera Communications Inc (NYSE:VCRA) traded up $1.05 on Friday, hitting $29.34. The company had a trading volume of 241,400 shares, compared to its average volume of 159,450. The firm has a market capitalization of $826.55, a price-to-earnings ratio of -30.88 and a beta of -0.42. Vocera Communications Inc has a fifty-two week low of $19.02 and a fifty-two week high of $32.23.
Vocera Communications (NYSE:VCRA) last posted its quarterly earnings data on Thursday, October 26th. The communications equipment provider reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $42.30 million for the quarter, compared to analyst estimates of $41.44 million. Vocera Communications had a negative return on equity of 15.55% and a negative net margin of 17.42%. The business’s revenue for the quarter was up 25.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.08 earnings per share. research analysts predict that Vocera Communications Inc will post -0.43 earnings per share for the current year.
Large investors have recently modified their holdings of the business. Legal & General Group Plc boosted 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 buying an additional 671 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Vocera Communications by 41.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,678 shares of the communications equipment provider’s stock worth $241,000 after buying an additional 2,231 shares during the last quarter. Sei Investments Co. boosted its stake in Vocera Communications by 36.1% in the 2nd quarter. Sei Investments Co. now owns 7,853 shares of the communications equipment provider’s stock worth $207,000 after buying an additional 2,082 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in Vocera Communications in the 2nd quarter worth about $215,000. Finally, Comerica Bank acquired a new stake in Vocera Communications in the 3rd quarter worth about $239,000.
VCRA has been the subject of a number of research analyst reports. Craig Hallum restated a “buy” rating and issued a $36.00 price target on shares of Vocera Communications in a research report on Monday, November 27th. Cantor Fitzgerald restated a “buy” rating and issued a $30.00 price target on shares of Vocera Communications in a research report on Tuesday, September 26th. Oppenheimer restated a “buy” rating and issued a $32.00 price target on shares of Vocera Communications in a research report on Friday, September 22nd. BidaskClub lowered Vocera Communications from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, September 20th. Finally, Zacks Investment Research raised Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research note on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. Vocera Communications currently has an average rating of “Buy” and an average target price of $33.13.
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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.
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