Advisory Research Inc. grew its position in Vocera Communications Inc (NYSE:VCRA) by 85.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,296 shares of the communications equipment provider’s stock after buying an additional 18,544 shares during the quarter. Advisory Research Inc. owned approximately 0.14% of Vocera Communications worth $1,218,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its holdings in shares of Vocera Communications by 17.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 47,900 shares of the communications equipment provider’s stock worth $1,266,000 after purchasing an additional 7,100 shares during the period. JPMorgan Chase & Co. acquired a new stake in Vocera Communications in the second quarter valued at approximately $215,000. Teachers Advisors LLC lifted its stake in Vocera Communications by 10.9% in the second quarter. Teachers Advisors LLC now owns 70,053 shares of the communications equipment provider’s stock valued at $1,851,000 after acquiring an additional 6,886 shares during the last quarter. TIAA CREF Investment Management LLC lifted its stake in Vocera Communications by 11.5% in the second quarter. TIAA CREF Investment Management LLC now owns 107,486 shares of the communications equipment provider’s stock valued at $2,840,000 after acquiring an additional 11,125 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in Vocera Communications in the second quarter valued at approximately $3,439,000. Institutional investors own 99.83% of the company’s stock.
In related news, CEO Brent D. Lang sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $27.96, for a total transaction of $279,600.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Paul T. Johnson sold 18,553 shares of the business’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $30.00, for a total transaction of $556,590.00. Following the transaction, the executive vice president now directly owns 151,989 shares in the company, valued at approximately $4,559,670. The disclosure for this sale can be found here. In the last three months, insiders sold 78,922 shares of company stock worth $2,224,767. Insiders own 6.30% of the company’s stock.
VCRA has been the subject of a number of analyst reports. Chardan Capital initiated coverage on shares of Vocera Communications in a research note on Tuesday, January 30th. They issued a “buy” rating and a $37.00 target price for the company. Cantor Fitzgerald reiterated a “buy” rating and issued a $35.00 target price on shares of Vocera Communications in a research note on Monday, January 22nd. Craig Hallum reiterated a “buy” rating and issued a $36.00 target price on shares of Vocera Communications in a research note on Monday, November 27th. Citigroup initiated coverage on shares of Vocera Communications in a research note on Thursday, January 4th. They issued a “buy” rating for the company. Finally, Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a research note on Thursday, December 28th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. Vocera Communications presently has a consensus rating of “Buy” and a consensus target price of $33.00.
Vocera Communications Inc (NYSE:VCRA) opened at $26.35 on Friday. Vocera Communications Inc has a 52-week low of $19.48 and a 52-week high of $32.23. The company has a market cap of $755.26, a P/E ratio of -51.67 and a beta of -0.49.
Vocera Communications (NYSE:VCRA) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.14. Vocera Communications had a negative net margin of 8.75% and a negative return on equity of 8.29%. The company had revenue of $45.50 million for the quarter, compared to analyst estimates of $43.72 million. The business’s quarterly revenue was up 26.4% on a year-over-year basis. equities analysts anticipate that Vocera Communications Inc will post -0.24 earnings per share for the current fiscal year.
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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