Vocera Communications, Inc. (NYSE:VCRA) CEO Brent D. Lang sold 5,000 shares of Vocera Communications stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $28.27, for a total value of $141,350.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Vocera Communications, Inc. (NYSE:VCRA) traded up $0.21 during midday trading on Wednesday, reaching $27.87. 119,699 shares of the company’s stock traded hands, compared to its average volume of 197,838. Vocera Communications, Inc. has a twelve month low of $17.31 and a twelve month high of $32.23.
Vocera Communications (NYSE:VCRA) last announced its quarterly earnings data on Thursday, October 26th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.01. Vocera Communications had a negative net margin of 17.42% and a negative return on equity of 15.55%. The business had revenue of $42.30 million during the quarter, compared to the consensus estimate of $41.44 million. During the same quarter last year, the firm earned $0.08 earnings per share. The firm’s quarterly revenue was up 25.3% compared to the same quarter last year. equities analysts forecast that Vocera Communications, Inc. will post -0.41 EPS for the current year.
Institutional investors have recently bought and sold shares of the company. First Mercantile Trust Co. bought a new stake in shares of Vocera Communications during the second quarter valued at approximately $132,000. US Bancorp DE raised its stake in shares of Vocera Communications by 41.9% during the second quarter. US Bancorp DE now owns 5,208 shares of the communications equipment provider’s stock valued at $138,000 after acquiring an additional 1,538 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Vocera Communications by 11.2% during the second quarter. Legal & General Group Plc now owns 6,662 shares of the communications equipment provider’s stock valued at $177,000 after acquiring an additional 671 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vocera Communications by 41.0% during the third quarter. Envestnet Asset Management Inc. now owns 7,678 shares of the communications equipment provider’s stock valued at $241,000 after acquiring an additional 2,231 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of Vocera Communications by 36.1% during the second quarter. Sei Investments Co. now owns 7,853 shares of the communications equipment provider’s stock valued at $207,000 after acquiring an additional 2,082 shares in the last quarter.
Several research analysts recently commented on the company. BidaskClub upgraded Vocera Communications from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 27th. Cantor Fitzgerald reiterated a “buy” rating and issued a $30.00 price target on shares of Vocera Communications in a research report on Tuesday, September 26th. Craig Hallum reissued a “buy” rating and issued a $36.00 price objective on shares of Vocera Communications in a research note on Monday, November 27th. Zacks Investment Research raised shares of 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 Friday, September 29th. Finally, Leerink Swann reissued an “outperform” rating and issued a $34.00 price objective (up previously from $31.00) on shares of Vocera Communications in a research note on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $33.14.
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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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