Vocera Communications (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 17th. The stock was sold at an average price of $25.16, for a total value of $251,600.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
NYSE:VCRA traded up $0.08 during trading hours on Thursday, reaching $25.81. The company had a trading volume of 78,001 shares, compared to its average volume of 245,960. Vocera Communications has a one year low of $22.43 and a one year high of $32.23. The stock has a market capitalization of $744.45, a price-to-earnings ratio of -85.70 and a beta of -0.20.
Vocera Communications (NYSE:VCRA) last announced its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.14. Vocera Communications had a negative return on equity of 8.11% and a negative net margin of 8.75%. The firm had revenue of $45.50 million for the quarter, compared to analysts’ expectations of $43.72 million. Vocera Communications’s revenue for the quarter was up 26.4% compared to the same quarter last year. equities research analysts forecast that Vocera Communications will post -0.23 earnings per share for the current fiscal year.
Large investors have recently made changes to their positions in the business. Redmile Group LLC bought a new stake in Vocera Communications in the fourth quarter valued at $212,000. Jefferies Group LLC bought a new stake in Vocera Communications in the fourth quarter valued at $228,000. Envestnet Asset Management Inc. grew its position in Vocera Communications by 41.0% in 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 during the period. Teacher Retirement System of Texas bought a new stake in Vocera Communications in the fourth quarter valued at $271,000. Finally, Harbour Capital Advisors LLC bought a new stake in Vocera Communications in the fourth quarter valued at $302,000.
VCRA has been the topic of a number of research reports. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research report on Thursday, December 28th. Robert W. Baird initiated coverage on Vocera Communications in a research report on Wednesday, December 20th. They set an “outperform” rating and a $35.00 price objective on the stock. Cantor Fitzgerald restated a “buy” rating and set a $35.00 price objective on shares of Vocera Communications in a research report on Monday, January 22nd. Leerink Swann cut Vocera Communications from an “outperform” rating to a “market perform” rating and set a $29.00 price objective on the stock. in a research report on Tuesday, March 13th. They noted that the move was a valuation call. Finally, Citigroup initiated coverage on Vocera Communications in a research report on Thursday, January 4th. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the stock. Vocera Communications has a consensus rating of “Buy” and a consensus target price of $32.78.
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Vocera Communications Company Profile
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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