Vocera Communications Inc (NYSE:VCRA) Director Howard E. Janzen sold 1,500 shares of the business’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $31.67, for a total transaction of $47,505.00. Following the completion of the sale, the director now owns 51,664 shares of the company’s stock, valued at $1,636,198.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of VCRA stock traded down $0.31 during mid-day trading on Wednesday, hitting $29.64. The stock had a trading volume of 955 shares, compared to its average volume of 449,561. The stock has a market capitalization of $942.92 million, a price-to-earnings ratio of -174.24 and a beta of 0.26. The company has a current ratio of 4.57, a quick ratio of 4.46 and a debt-to-equity ratio of 0.71. Vocera Communications Inc has a 12-month low of $27.68 and a 12-month high of $42.60.
Vocera Communications (NYSE:VCRA) last announced its quarterly earnings data on Thursday, April 25th. The communications equipment provider reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.22. Vocera Communications had a negative return on equity of 7.87% and a negative net margin of 9.52%. The business had revenue of $35.30 million for the quarter, compared to analyst estimates of $34.03 million. During the same period in the prior year, the company earned $0.04 earnings per share. The company’s revenue was down 12.2% on a year-over-year basis. Research analysts predict that Vocera Communications Inc will post -0.33 EPS for the current fiscal year.
Large investors have recently bought and sold shares of the stock. BlackRock Inc. boosted its position in shares of Vocera Communications by 3.8% during the fourth quarter. BlackRock Inc. now owns 2,200,316 shares of the communications equipment provider’s stock worth $86,581,000 after buying an additional 80,364 shares during the period. Clearbridge Investments LLC increased its position in Vocera Communications by 8.6% in the 1st quarter. Clearbridge Investments LLC now owns 1,526,439 shares of the communications equipment provider’s stock valued at $48,281,000 after acquiring an additional 120,329 shares during the period. Janus Henderson Group PLC increased its position in Vocera Communications by 24.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,140,259 shares of the communications equipment provider’s stock valued at $36,066,000 after acquiring an additional 220,388 shares during the period. Emerald Advisers LLC increased its position in Vocera Communications by 9.7% during the 1st quarter. Emerald Advisers LLC now owns 731,560 shares of the communications equipment provider’s stock worth $23,139,000 after purchasing an additional 64,946 shares during the period. Finally, Emerald Mutual Fund Advisers Trust boosted its stake in shares of Vocera Communications by 12.4% during the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 692,539 shares of the communications equipment provider’s stock worth $21,905,000 after acquiring an additional 76,157 shares in the last quarter.
Several research firms have recently weighed in on VCRA. ValuEngine lowered shares of Vocera Communications from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $40.00 price target (up from $37.00) on shares of Vocera Communications in a research report on Thursday, May 16th. Guggenheim began coverage on shares of Vocera Communications in a research report on Wednesday, April 17th. They set a “buy” rating and a $35.00 price target on the stock. Finally, Dougherty & Co upgraded shares of Vocera Communications from a “neutral” rating to a “buy” rating and set a $39.00 price target on the stock in a research note on Thursday, February 28th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Vocera Communications presently has an average rating of “Buy” and an average price target of $39.30.
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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 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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