Brent D. Lang Sells 10,000 Shares of Vocera Communications (VCRA) Stock

Vocera Communications (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, April 17th. The stock was sold at an average price of $25.16, for a total transaction of $251,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

VCRA opened at $25.39 on Friday. The company has a market cap of $751.75, a PE ratio of -84.63 and a beta of -0.20. Vocera Communications has a twelve month low of $22.43 and a twelve month high of $32.23.

Vocera Communications (NYSE:VCRA) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.14. The company had revenue of $45.50 million for the quarter, compared to analysts’ expectations of $43.72 million. Vocera Communications had a negative return on equity of 8.11% and a negative net margin of 8.75%. The business’s revenue for the quarter was up 26.4% on a year-over-year basis. sell-side analysts forecast that Vocera Communications will post -0.23 EPS for the current year.

A number of equities analysts have issued reports on the stock. Chardan Capital reissued a “buy” rating and issued a $35.00 target price (down previously from $37.00) on shares of Vocera Communications in a report on Monday, February 12th. Zacks Investment Research cut shares of Vocera Communications from a “hold” rating to a “sell” rating in a report on Wednesday, February 14th. Citigroup assumed coverage on shares of Vocera Communications in a report on Thursday, January 4th. They issued a “buy” rating on the stock. Cantor Fitzgerald reissued a “buy” rating and issued a $35.00 target price on shares of Vocera Communications in a report on Tuesday, March 27th. Finally, Leerink Swann cut shares of Vocera Communications from an “outperform” rating to a “market perform” rating and set a $29.00 target price on the stock. in a report on Tuesday, March 13th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company. Vocera Communications presently has an average rating of “Buy” and a consensus target price of $32.78.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings 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 buying an additional 2,231 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Vocera Communications by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 258,214 shares of the communications equipment provider’s stock valued at $7,803,000 after buying an additional 3,173 shares during the last quarter. Essex Investment Management Co. LLC raised its holdings in shares of Vocera Communications by 3.5% during the fourth quarter. Essex Investment Management Co. LLC now owns 100,594 shares of the communications equipment provider’s stock valued at $3,040,000 after buying an additional 3,404 shares during the last quarter. Brown Advisory Inc. raised its holdings in shares of Vocera Communications by 30.9% during the fourth quarter. Brown Advisory Inc. now owns 18,630 shares of the communications equipment provider’s stock valued at $563,000 after buying an additional 4,396 shares during the last quarter. Finally, California Public Employees Retirement System raised its holdings in shares of Vocera Communications by 27.7% during the third quarter. California Public Employees Retirement System now owns 23,491 shares of the communications equipment provider’s stock valued at $737,000 after buying an additional 5,091 shares during the last quarter.

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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.

Insider Buying and Selling by Quarter for Vocera Communications (NYSE:VCRA)

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