Insider Selling: Vocera Communications Inc (VCRA) Director Sells 8,000 Shares of Stock

Vocera Communications Inc (NYSE:VCRA) Director Sharon O’keefe sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, January 10th. The shares were sold at an average price of $40.78, for a total transaction of $326,240.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Sharon O’keefe also recently made the following trade(s):

  • On Tuesday, November 27th, Sharon O’keefe sold 4,000 shares of Vocera Communications stock. The shares were sold at an average price of $38.00, for a total transaction of $152,000.00.

Vocera Communications stock opened at $40.56 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 4.46 and a current ratio of 4.52. The company has a market cap of $1.26 billion, a P/E ratio of -135.20 and a beta of 0.24. Vocera Communications Inc has a 1-year low of $22.43 and a 1-year high of $42.42.

Vocera Communications (NYSE:VCRA) last posted its earnings results on Thursday, October 25th. The communications equipment provider reported $0.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.10. The business had revenue of $47.82 million for the quarter, compared to analyst estimates of $46.40 million. Vocera Communications had a negative net margin of 3.36% and a negative return on equity of 0.71%. Research analysts expect that Vocera Communications Inc will post -0.16 EPS for the current year.

A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research note on Wednesday, October 24th. Jefferies Financial Group assumed coverage on shares of Vocera Communications in a research note on Wednesday, September 19th. They set a “buy” rating and a $40.00 price target on the stock. Piper Jaffray Companies restated an “overweight” rating and set a $41.00 price target on shares of Vocera Communications in a research note on Friday, October 26th. Cantor Fitzgerald restated an “overweight” rating and set a $45.00 price target on shares of Vocera Communications in a research note on Friday. Finally, ValuEngine upgraded shares of Vocera Communications from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 27th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Vocera Communications has an average rating of “Buy” and an average target price of $40.78.

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc increased its holdings in Vocera Communications by 1.6% during the 3rd quarter. Vanguard Group Inc now owns 1,382,125 shares of the communications equipment provider’s stock worth $50,558,000 after acquiring an additional 21,962 shares during the period. Marshall Wace LLP bought a new stake in Vocera Communications during the 3rd quarter worth approximately $8,040,000. Clearbridge Investments LLC increased its holdings in Vocera Communications by 1.4% during the 3rd quarter. Clearbridge Investments LLC now owns 1,370,304 shares of the communications equipment provider’s stock worth $50,126,000 after acquiring an additional 18,495 shares during the period. Vanguard Group Inc. increased its holdings in Vocera Communications by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,382,125 shares of the communications equipment provider’s stock worth $50,558,000 after acquiring an additional 21,962 shares during the period. Finally, Morgan Stanley increased its holdings in Vocera Communications by 77.3% during the 3rd quarter. Morgan Stanley now owns 304,300 shares of the communications equipment provider’s stock worth $11,132,000 after acquiring an additional 132,686 shares during the period.

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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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