Vocera Communications Inc. (NYSE:VCRA) EVP Paul T. Johnson sold 4,000 shares of the stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $17.44, for a total transaction of $69,760.00. Following the completion of the sale, the executive vice president now owns 170,961 shares of the company’s stock, valued at approximately $2,981,559.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Vocera Communications Inc. (NYSE:VCRA) traded up 1.00% during trading on Wednesday, hitting $18.23. 305,565 shares of the stock traded hands. The company’s market cap is $492.57 million. Vocera Communications Inc. has a 52-week low of $10.08 and a 52-week high of $18.34. The firm has a 50-day moving average price of $16.65 and a 200 day moving average price of $13.73.
Vocera Communications (NYSE:VCRA) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.04. The company had revenue of $31.10 million for the quarter, compared to analysts’ expectations of $27.90 million. Vocera Communications had a negative net margin of 12.19% and a negative return on equity of 12.43%. Vocera Communications’s revenue was up 22.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.09) EPS. On average, equities analysts expect that Vocera Communications Inc. will post $0.05 EPS for the current year.
VCRA has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a report on Wednesday, August 3rd. Leerink Swann restated an “outperform” rating and set a $18.00 price objective (up previously from $16.00) on shares of Vocera Communications in a report on Sunday, July 31st. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Vocera Communications in a report on Friday, June 10th. FBR & Co raised their price objective on shares of Vocera Communications from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, July 29th. Finally, Raymond James Financial Inc. started coverage on shares of Vocera Communications in a report on Wednesday, July 13th. They set an “outperform” rating and a $16.50 price objective for the company. Nine investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of $18.44.
A number of institutional investors have recently made changes to their positions in the company. Blair William & Co. IL purchased a new position in shares of Vocera Communications during the second quarter worth about $132,000. Wrapmanager Inc. purchased a new position in shares of Vocera Communications during the second quarter worth about $143,000. Cubist Systematic Strategies LLC boosted its position in shares of Vocera Communications by 24.3% in the second quarter. Cubist Systematic Strategies LLC now owns 12,893 shares of the company’s stock worth $166,000 after buying an additional 2,518 shares during the last quarter. Bank of Montreal Can purchased a new position in shares of Vocera Communications during the second quarter worth about $177,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of Vocera Communications by 942.2% in the second quarter. PNC Financial Services Group Inc. now owns 15,915 shares of the company’s stock worth $206,000 after buying an additional 14,388 shares during the last quarter. Institutional investors own 92.82% of the company’s stock.
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 solutions include the Vocera Communication System, Vocera Care Experience Suite and its Experience Innovation Network. Its two segments include Product and Service.
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